Company registration number: 10604492
Unaudited financial statements
for the year ended 29 February 2024
for
Mp Hopgood Ltd
Pages for filing with the Registrar
Company registration number: 10604492
Mp Hopgood Ltd
Balance sheet
as at 29 February 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 5,511 6,888
5,511 6,888
Current assets
Cash at bank and in hand 15,308 9,155
15,308 9,155
Creditors: amounts falling due within
one year
(7,655) (5,332)
Net current assets 7,653 3,823
Total assets less current liabilities 13,164 10,711
NET ASSETS 13,164 10,711
Capital and reserves
Called up share capital 1 1
Profit and loss account 13,163 10,710
TOTAL EQUITY 13,164 10,711
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 29 February 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10604492
Mp Hopgood Ltd
Balance sheet - continued
as at 29 February 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr M Hopgood, Director
26 November 2024
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Mp Hopgood Ltd
Notes to the financial statements
for the year ended 29 February 2024
1 Company information
Mp Hopgood Ltd is a private company registered in England and Wales. Its registered number is 10604492. The company is limited by shares. Its registered office is 71-75 Shelton Street Covent Garden, London, WC2H 9JQ.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Mp Hopgood Ltd
Notes to the financial statements - continued
for the year ended 29 February 2024
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 March 2023 15,075
Additions 579
At 29 February 2024 15,654
Depreciation
At 1 March 2023 8,187
Charge for year 1,956
At 29 February 2024 10,143
Net book value
At 29 February 2024 5,511
At 28 February 2023 6,888
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023.
2024 2023
£ £
Mr Marc Hopgood
Balance outstanding at start of year (23) (5,663)
Amounts advanced 20,129 20,204
Amounts repaid (20,199) (14,518)
Balance outstanding at end of year (93) 23
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