Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29false1No description of principal activity12023-03-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09438465 2023-03-01 2024-02-29 09438465 2022-03-01 2023-02-28 09438465 2024-02-29 09438465 2023-02-28 09438465 c:Director1 2023-03-01 2024-02-29 09438465 d:PlantMachinery 2023-03-01 2024-02-29 09438465 d:PlantMachinery 2024-02-29 09438465 d:PlantMachinery 2023-02-28 09438465 d:CurrentFinancialInstruments 2024-02-29 09438465 d:CurrentFinancialInstruments 2023-02-28 09438465 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 09438465 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 09438465 d:ShareCapital 2024-02-29 09438465 d:ShareCapital 2023-02-28 09438465 d:RetainedEarningsAccumulatedLosses 2024-02-29 09438465 d:RetainedEarningsAccumulatedLosses 2023-02-28 09438465 c:FRS102 2023-03-01 2024-02-29 09438465 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09438465 c:FullAccounts 2023-03-01 2024-02-29 09438465 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09438465 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 09438465









HOTTUBS2U LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
HOTTUBS2U LIMITED
REGISTERED NUMBER: 09438465

STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Stocks
  
1,101
5,000

Debtors: amounts falling due within one year
 5 
2,339
1,797

Cash at bank and in hand
 6 
89
1,165

  
3,529
7,962

Creditors: amounts falling due within one year
 7 
453
(5,224)

Net current assets
  
 
 
3,982
 
 
2,738

Total assets less current liabilities
  
3,982
2,738

  

Net assets
  
3,982
2,738


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
3,882
2,638

  
3,982
2,738


Page 1

 
HOTTUBS2U LIMITED
REGISTERED NUMBER: 09438465
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Stewart Garnett
Director


Date: 29 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
HOTTUBS2U LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

HOTTUBS2U Limited is a private company limited by shares, registered in the United Kingdom number 09438465. Its registered office is 7 Burrs Lea Close, Bury, Lancashire, England, BL9 5HT.
During the year, the principal activity of the company continued to be that of the hiring of inflatable hot tubs.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
HOTTUBS2U LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the method outlined below.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
HOTTUBS2U LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets







Plant and machinery

£



Cost or valuation


At 1 March 2023
5,133



At 29 February 2024

5,133



Depreciation


At 1 March 2023
5,133



At 29 February 2024

5,133



Net book value



At 29 February 2024
-



At 28 February 2023
-


5.


Debtors

Page 5

 
HOTTUBS2U LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
29 February
28 February
2024
2023
£
£


Other debtors
2,339
1,797

2,339
1,797



6.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
89
1,165

89
1,165



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Bank loans
(2,250)
3,899

Corporation tax
476
184

Accruals and deferred income
1,321
1,141

(453)
5,224



8.


Transactions with directors

During the year the directors loan account amounted to £2,339, this was made up of an opening debit balance of £1,797, advances totalling £750 and credits totalling £208. This is represented within other debtors.

 
Page 6