Registered Number 14641001

HALLUCINATE LTD

Micro-entity Accounts

28 February 2024

HALLUCINATE LTD Registered Number 14641001

Micro-entity Balance Sheet as at 28 February 2024

Notes 2024
£
Called up share capital not paid
-
Fixed Assets
-
Current Assets
-
Prepayments and accrued income
-
Creditors: amounts falling due within one year
0
Net current assets (liabilities)
0
Total assets less current liabilities
0
Creditors: amounts falling due after more than one year
0
Provisions for liabilities
0
Accruals and deferred income
0
Total net assets (liabilities)
0
Capital and reserves
0
  • For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 October 2024

And signed on their behalf by:
Alexander James Griffiths Monreal, Director

HALLUCINATE LTD Registered Number 14641001

Notes to the Micro-entity Accounts for the period ended 28 February 2024

1Employees
2024
Average number of employees during the period 0
2Off balance sheet arrangements
The company never generated revenues. £4,200 was originally raised as equity. £1,200 was utilised for operational purposes and other expenses. The remaining £3,000 was used to set up a subsidiary in Norway, also referred to as an AS (limited company) in a push to raise funding.

The subsidiary was closed after failing to secure funding or generating any revenues. After costs incurred, expenses and fees, 29,639.01KR (equivalent to 2,089.85 GBP) was returned to Hallucinate LTD.

Pursuant to that, the company went dormant and after 1 year in that position will now be closing down.

The remaining funds have now been dispersed back to investors resulting in the current net position.

We will issue an application to close down Hallucinate LTD in the following weeks.