Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09057732 Ms Beverly Manatsa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09057732 2023-05-31 09057732 2024-05-31 09057732 2023-06-01 2024-05-31 09057732 frs-core:CurrentFinancialInstruments 2024-05-31 09057732 frs-core:ShareCapital 2024-05-31 09057732 frs-core:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 09057732 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09057732 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09057732 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09057732 frs-bus:SmallEntities 2023-06-01 2024-05-31 09057732 frs-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09057732 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09057732 frs-bus:Director1 2023-06-01 2024-05-31 09057732 frs-countries:EnglandWales 2023-06-01 2024-05-31 09057732 2022-05-31 09057732 2023-05-31 09057732 2022-06-01 2023-05-31 09057732 frs-core:CurrentFinancialInstruments 2023-05-31 09057732 frs-core:ShareCapital 2022-05-31 09057732 frs-core:ShareCapital 2023-05-31 09057732 frs-core:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 09057732 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-05-31 09057732 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09057732
Hipco Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2
Statement of Changes in Equity 3
Notes to the Financial Statements 4
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Hipco Ltd for the year ended 31 May 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Hipco Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Hipco Ltd , as a body, in accordance with the terms of our engagement letter dated 15 February 2022. Our work has been undertaken solely to prepare for your approval the accounts of Hipco Ltd and state those matters that we have agreed to state to the director of Hipco Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hipco Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Hipco Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Hipco Ltd . You consider that Hipco Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Hipco Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
13 January 2025
Fruition Consultants
Chartered Certified Accountants
2nd Floor, 8 Minories
London
EC3N 1BJ
Page 1
Page 2
Balance Sheet
Registered number: 09057732
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,456 2,751
2,456 2,751
Creditors: Amounts Falling Due Within One Year 5 (2,467 ) (2,245 )
NET CURRENT ASSETS (LIABILITIES) (11 ) 506
TOTAL ASSETS LESS CURRENT LIABILITIES (11 ) 506
NET (LIABILITIES)/ASSETS (11 ) 506
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (12 ) 505
SHAREHOLDERS' FUNDS (11) 506
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Profit and Loss Account.
On behalf of the board
Ms Beverly Manatsa
Director
13 January 2025
The notes on page 4 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 June 2022 1 978 979
Loss for the year and total comprehensive income - (473 ) (473)
As at 31 May 2023 and 1 June 2023 1 505 506
Loss for the year and total comprehensive income - (517 ) (517)
As at 31 May 2024 1 (12 ) (11)
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Hipco Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09057732 . The registered office is 21 Oak Road, Mexborough, South Yorkshire, S64 9EQ.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 2,456 2,751
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 180
Corporation tax 2,217 2,065
Other creditors 250 -
2,467 2,245
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4