THE HOT ONE TWO LTD

Company Registration Number:
15027367 (England and Wales)

Unaudited statutory accounts for the year ended 05 April 2024

Period of accounts

Start date: 25 July 2023

End date: 05 April 2024

THE HOT ONE TWO LTD

Contents of the Financial Statements

for the Period Ended 05 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

THE HOT ONE TWO LTD

Company Information

for the Period Ended 05 April 2024




Director: Nicholas Manners
Nicholas Blackburn
Simon West
Kevin Baker
Joseph Chivers
Secretary: Andrew Manners
Registered office: 2
Beechfern
Walnut Tree
Milton Keynes
England
MK7 7DH
Company Registration Number: 15027367 (England and Wales)

THE HOT ONE TWO LTD

Directors' Report Period Ended 05 April 2024

The directors present their report with the financial statements of the company for the period ended 05 April 2024

Principal Activities

The company's principal activity during the period was the creation of music in both production and live performance.

Political and charitable donations

The company made no political or charitable donations in the period.

Company policy on the employment of disabled persons

The company had no employees in the period

Directors

The directors shown below have held office during the whole of the period from 25 July 2023 to 05 April 2024
Nicholas Manners
Nicholas Blackburn
Simon West
Kevin Baker
Joseph Chivers

Secretary
Andrew Manners

This report was approved by the board of directors on 2 January 2025
And Signed On Behalf Of The Board By:

Name: Nicholas Manners
Status: Director

THE HOT ONE TWO LTD

Profit and Loss Account

for the Period Ended 05 April 2024


Notes
8 months to
5 Apr 2024
£
Turnover 6,958
Cost of sales ( 2,184 )
Gross Profit or (Loss) 4,774
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 371 )
Administrative Expenses ( 4,148 )
Other operating income 0
Operating Profit or (Loss) 255
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax 255
Tax on Profit ( 0 )
Profit or (Loss) for Period 255

The notes form part of these financial statements

THE HOT ONE TWO LTD

Balance sheet

As at 05 April 2024


Notes
8 months to
5 Apr 2024
£
Fixed assets
Total fixed assets: -
Current assets
Stocks: 2,698
Cash at bank and in hand: 1,805
Total current assets: 4,503
Net current assets (liabilities): 4,503
Total assets less current liabilities: 4,503
Provision for liabilities: ( 1,500 )
Total net assets (liabilities): 3,003

The notes form part of these financial statements

THE HOT ONE TWO LTD

Balance sheet continued

As at 05 April 2024


Notes
8 months to
5 Apr 2024
£
Capital and reserves
Called up share capital: 50
Revaluation reserve: 4 2,698
Profit and loss account: 255
Shareholders funds: 3,003

For the year ending 5 April 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 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.

This report was approved by the board of directors on 2 January 2025
And Signed On Behalf Of The Board By:

Name: Nicholas Manners
Status: Director

The notes form part of these financial statements

THE HOT ONE TWO LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE HOT ONE TWO LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

  • 2. Employees

    8 months to
    5 Apr 2024
    Average number of employees during the period 0

THE HOT ONE TWO LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

  • 3. Off balance sheet disclosure

    No

THE HOT ONE TWO LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

4. Revaluation reserve

8 months to
5 Apr 2024
£
Surplus or deficit after revaluation 2,698
Balance at 05 April 2024 2,698

This is the figure for the valuation of our stock that we held as at the 5th April 2024. As this is our first Corporation Tax Return submission this is a surplus revaluation as we are starting from a nil balance when the company started in July 2023. I hope this is correct. Please advise if not.