Company Registration No. 11241112 (England and Wales)
Hot Tub Recovery Ltd
Unaudited accounts
for the year ended 31 March 2024
Hot Tub Recovery Ltd
Unaudited accounts
Contents
Hot Tub Recovery Ltd
Company Information
for the year ended 31 March 2024
Company Number
11241112 (England and Wales)
Registered Office
308 Spring Road
Southampton
SO19 2NX
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
Hot Tub Recovery Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
20,416
13,907
Cash at bank and in hand
231
2,569
Creditors: amounts falling due within one year
(25,194)
(21,307)
Net current (liabilities)/assets
(82)
16,015
Total assets less current liabilities
20,334
29,922
Creditors: amounts falling due after more than one year
(20,288)
(29,907)
Called up share capital
1
1
Profit and loss account
45
14
For the year ending 31 March 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 17 October 2024 and were signed on its behalf by
Sheldon Williams
Director
Company Registration No. 11241112
Hot Tub Recovery Ltd
Notes to the Accounts
for the year ended 31 March 2024
Hot Tub Recovery Ltd is a private company, limited by shares, registered in England and Wales, registration number 11241112. The registered office is 308 Spring Road, , Southampton, SO19 2NX, England.
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:
Land & buildings
0% Reducing balance method
Plant & machinery
25% Reducing balance method
Motor vehicles
25% Reducing balance method
Computer equipment
33.33% Reducing balance method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Hot Tub Recovery Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
-
8,699
14,199
993
23,891
Additions
10,000
-
-
-
10,000
At 31 March 2024
10,000
8,699
14,199
993
33,891
At 1 April 2023
-
3,120
6,046
818
9,984
Charge for the year
-
1,395
2,038
58
3,491
At 31 March 2024
-
4,515
8,084
876
13,475
At 31 March 2024
10,000
4,184
6,115
117
20,416
At 31 March 2023
-
5,579
8,153
175
13,907
Amounts falling due within one year
Trade debtors
15,550
17,000
Other debtors
9,331
17,753
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,200
8,200
Obligations under finance leases and hire purchase contracts
-
2,587
Taxes and social security
10,365
8,789
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,635
1,635
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).