Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08995232 Mr Matthew Revell Mrs Lynette Denise Looker-Revell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08995232 2023-04-30 08995232 2024-04-30 08995232 2023-05-01 2024-04-30 08995232 frs-core:CurrentFinancialInstruments 2024-04-30 08995232 frs-core:Non-currentFinancialInstruments 2024-04-30 08995232 frs-core:ComputerEquipment 2024-04-30 08995232 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08995232 frs-core:ComputerEquipment 2023-04-30 08995232 frs-core:FurnitureFittings 2024-04-30 08995232 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08995232 frs-core:FurnitureFittings 2023-04-30 08995232 frs-core:MotorVehicles 2024-04-30 08995232 frs-core:MotorVehicles 2023-05-01 2024-04-30 08995232 frs-core:MotorVehicles 2023-04-30 08995232 frs-core:PlantMachinery 2024-04-30 08995232 frs-core:PlantMachinery 2023-05-01 2024-04-30 08995232 frs-core:PlantMachinery 2023-04-30 08995232 frs-core:ShareCapital 2024-04-30 08995232 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08995232 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08995232 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08995232 frs-bus:SmallEntities 2023-05-01 2024-04-30 08995232 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08995232 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08995232 frs-core:CostValuation 2023-04-30 08995232 frs-core:CostValuation 2024-04-30 08995232 frs-core:ProvisionsForImpairmentInvestments 2023-04-30 08995232 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 08995232 frs-bus:Director1 2023-05-01 2024-04-30 08995232 frs-bus:Director2 2023-05-01 2024-04-30 08995232 frs-countries:EnglandWales 2023-05-01 2024-04-30 08995232 2022-04-30 08995232 2023-04-30 08995232 2022-05-01 2023-04-30 08995232 frs-core:CurrentFinancialInstruments 2023-04-30 08995232 frs-core:Non-currentFinancialInstruments 2023-04-30 08995232 frs-core:ShareCapital 2023-04-30 08995232 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08995232
Hoopy Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
TaxAssist Accountants
TaxAssist Accountants
1 Sundorne Avenue
Shrewsbury
Shropshire
SY1 4JW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 08995232
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,276 15,527
Investments 5 2 2
11,278 15,529
CURRENT ASSETS
Debtors 6 92,538 150,788
Cash at bank and in hand 4,872 8,142
97,410 158,930
Creditors: Amounts Falling Due Within One Year 7 (116,383 ) (135,401 )
NET CURRENT ASSETS (LIABILITIES) (18,973 ) 23,529
TOTAL ASSETS LESS CURRENT LIABILITIES (7,695 ) 39,058
Creditors: Amounts Falling Due After More Than One Year 8 (22,500 ) (32,891 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,819 ) (3,882 )
NET (LIABILITIES)/ASSETS (33,014 ) 2,285
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement (33,114 ) 2,185
SHAREHOLDERS' FUNDS (33,014) 2,285
Page 1
Page 2
For the year ending 30 April 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Matthew Revell
Director
30th January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hoopy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08995232 . The registered office is 71 High Street, Newport, Shropshire, TF10 7AU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 1,304 15,990 568 9,687 27,549
As at 30 April 2024 1,304 15,990 568 9,687 27,549
Depreciation
As at 1 May 2023 290 5,247 545 5,940 12,022
Provided during the period 214 2,686 10 1,341 4,251
As at 30 April 2024 504 7,933 555 7,281 16,273
Net Book Value
As at 30 April 2024 800 8,057 13 2,406 11,276
As at 1 May 2023 1,014 10,743 23 3,747 15,527
5. Investments
Other
£
Cost
As at 1 May 2023 2
As at 30 April 2024 2
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 2
As at 1 May 2023 2
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,513 37,199
Other debtors 67,025 113,589
92,538 150,788
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,267 40,419
Bank loans and overdrafts 43,406 28,034
Other loans 11,769 16,563
Other creditors 34,197 11,523
Taxation and social security 25,744 38,862
116,383 135,401
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 22,500 32,891
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5