Company Registration No. 4040937 (England and Wales)
THE HOTSPOT (LOWESTOFT) LTD
Unaudited accounts
for the year ended 31 July 2024
THE HOTSPOT (LOWESTOFT) LTD
Unaudited accounts
Contents
THE HOTSPOT (LOWESTOFT) LTD
Company Information
for the year ended 31 July 2024
Company Number
4040937 (England and Wales)
Registered Office
27A LONG ROAD
LOWESTOFT
NR33 9DB
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
THE HOTSPOT (LOWESTOFT) LTD
Statement of financial position
as at 31 July 2024
Tangible assets
1,610
1,895
Cash at bank and in hand
16,433
14,335
Creditors: amounts falling due within one year
(1,723)
(1,359)
Net current assets
15,010
14,017
Total assets less current liabilities
16,620
15,912
Creditors: amounts falling due after more than one year
(9,267)
(15,117)
Called up share capital
20
20
Profit and loss account
7,333
775
Shareholders' funds
7,353
795
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 October 2024 and were signed on its behalf by
Mr David Ryder
Director
Company Registration No. 4040937
THE HOTSPOT (LOWESTOFT) LTD
Notes to the Accounts
for the year ended 31 July 2024
THE HOTSPOT (LOWESTOFT) LTD is a private company, limited by shares, registered in England and Wales, registration number 4040937. The registered office is 27A LONG ROAD, LOWESTOFT, NR33 9DB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
25,625
979
26,604
At 31 July 2024
25,625
979
26,604
At 1 August 2023
24,241
468
24,709
Charge for the year
208
77
285
At 31 July 2024
24,449
545
24,994
At 31 July 2024
1,176
434
1,610
At 31 July 2023
1,384
511
1,895
Amounts falling due after more than one year
Accrued income and prepayments
-
741
THE HOTSPOT (LOWESTOFT) LTD
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,723
1,359
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20
20
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).