20 February 2023 false No description of principal activity Taxfiler 2024.6 14677614business:PrivateLimitedCompanyLtd2023-02-202024-02-29 146776142023-02-19 146776142023-02-202024-02-29 14677614business:AuditExemptWithAccountantsReport2023-02-202024-02-29 14677614business:FilletedAccounts2023-02-202024-02-29 146776142024-02-29 14677614business:Director12023-02-202024-02-29 14677614business:RegisteredOffice2023-02-202024-02-29 14677614core:WithinOneYear2024-02-29 14677614core:AfterOneYear2024-02-29 14677614core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14677614core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14677614core:PreviouslyStatedAmount2024-02-29 14677614business:SmallEntities2023-02-202024-02-29 14677614countries:EnglandWales2023-02-202024-02-29 14677614core:ComputerEquipment2023-02-202024-02-29 14677614core:Goodwill2023-02-19 14677614core:Goodwill2023-02-202024-02-29 14677614core:Goodwill2024-02-29 14677614core:ComputerEquipment2023-02-19 14677614core:ComputerEquipment2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 14677614 (England and Wales)
Hoopin'n'lootin Ltd Unaudited accounts for the period from 20 February 2023 to 29 February 2024
Hoopin'n'lootin Ltd Unaudited accounts Contents
Page
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Hoopin'n'lootin Ltd Company Information for the period from 20 February 2023 to 29 February 2024
Director
Elliott Wade
Company Number
14677614 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ United Kingdom
Accountants
Joy Noakes 3 Crummock Close Little Lever Bolton Lancs BL3 1UG
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Hoopin'n'lootin Ltd Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
9,000 
Tangible assets
141 
9,141 
Current assets
Inventories
13,894 
Debtors
22,913 
Cash at bank and in hand
525 
37,332 
Creditors: amounts falling due within one year
(2,356)
Net current assets
34,976 
Total assets less current liabilities
44,117 
Creditors: amounts falling due after more than one year
(49,684)
Net liabilities
(5,567)
Capital and reserves
Called up share capital
20,000 
Profit and loss account
(25,567)
Shareholders' funds
(5,567)
For the period ending 29 February 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 15 November 2024 and were signed on its behalf by
Elliott Wade Director Company Registration No. 14677614
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Hoopin'n'lootin Ltd Notes to the Accounts for the period from 20 February 2023 to 29 February 2024
1
Statutory information
Hoopin'n'lootin Ltd is a private company, limited by shares, registered in England and Wales, registration number 14677614. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, United Kingdom.
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.
3
Accounting policies
These financial statements for the period from 20 February 2023 to 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 20 February 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% S/L
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 20 February 2023
- 
Additions
10,000 
At 29 February 2024
10,000 
Amortisation
At 20 February 2023
- 
Charge for the period
1,000 
At 29 February 2024
1,000 
Net book value
At 29 February 2024
9,000 
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Hoopin'n'lootin Ltd Notes to the Accounts for the period from 20 February 2023 to 29 February 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 20 February 2023
150 
At 29 February 2024
150 
Depreciation
Charge for the period
9 
At 29 February 2024
9 
Net book value
At 29 February 2024
141 
6
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
2,913 
Other debtors
20,000 
22,913 
7
Creditors: amounts falling due within one year
2024 
£ 
VAT
2,025 
Trade creditors
210 
Taxes and social security
121 
2,356 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Other creditors
20,000 
Loans from directors
29,684 
49,684 
9
Average number of employees
During the period the average number of employees was 1.
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