Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302truefalsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-07-01true 04462112 2023-07-01 2024-06-30 04462112 2022-07-01 2023-06-30 04462112 2024-06-30 04462112 2023-06-30 04462112 c:Director2 2023-07-01 2024-06-30 04462112 d:CurrentFinancialInstruments 2024-06-30 04462112 d:CurrentFinancialInstruments 2023-06-30 04462112 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 04462112 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 04462112 d:ShareCapital 2024-06-30 04462112 d:ShareCapital 2023-06-30 04462112 d:RetainedEarningsAccumulatedLosses 2024-06-30 04462112 d:RetainedEarningsAccumulatedLosses 2023-06-30 04462112 c:OrdinaryShareClass1 2023-07-01 2024-06-30 04462112 c:OrdinaryShareClass1 2024-06-30 04462112 c:OrdinaryShareClass1 2023-06-30 04462112 c:FRS102 2023-07-01 2024-06-30 04462112 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04462112 c:FullAccounts 2023-07-01 2024-06-30 04462112 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04462112 2 2023-07-01 2024-06-30 04462112 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04462112














HI-SPOT LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
HI-SPOT LIMITED
REGISTERED NUMBER:04462112

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,326
10,000

Cash at bank and in hand
 5 
32,152
29,743

  
37,478
39,743

Creditors: amounts falling due within one year
 6 
(900)
(1,225)

Net current assets
  
 
 
36,578
 
 
38,518

Total assets less current liabilities
  
36,578
38,518

  

Net assets
  
36,578
38,518


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
36,576
38,516

  
36,578
38,518


The directors consider 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 directors acknowledge their 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: 




P D B Townshend
Director

Date: 15 January 2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1

 
HI-SPOT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Hi-Spot Limited is a private company, limited by shares, registered in England and Wales, registration number 04462112. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of grant of licences for the right to use of the name 'The Who'.

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 Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006.

  
2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.8

Creditors

Short-term creditors are measured at the transaction price. 

Page 2

 
HI-SPOT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, other creditors and loans with related parties.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Trade debtors
5,000
10,000

Other debtors
326
-

5,326
10,000



5.


Cash

2024
2023
£
£

Cash at bank and in hand
32,152
29,743



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
-
325

Other creditors
900
900

900
1,225



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2


 
Page 3