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Company Registration No. 12022250 (England and Wales)
HOOPS & CHAINS LTD Unaudited accounts for the year ended 31 May 2024
HOOPS & CHAINS LTD Unaudited accounts Contents
Page
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HOOPS & CHAINS LTD Company Information for the year ended 31 May 2024
Directors
Alexandra Duhs Ettienne Katie Alexandra Goddard
Company Number
12022250 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU UK
Accountants
Regal Accountants Limited Suite 110, Legacy Centre Hampton Road West Feltham Middlesex TW13 6DH
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HOOPS & CHAINS LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
21,614 
21,614 
Debtors
3,070 
2,320 
Cash at bank and in hand
14,592 
283 
39,276 
24,217 
Creditors: amounts falling due within one year
(53,384)
(73,759)
Net current liabilities
(14,108)
(49,542)
Net liabilities
(14,108)
(49,542)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(14,208)
(49,642)
Shareholders' funds
(14,108)
(49,542)
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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2025 and were signed on its behalf by
Alexandra Duhs Ettienne Director Company Registration No. 12022250
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HOOPS & CHAINS LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
HOOPS & CHAINS LTD is a private company, limited by shares, registered in England and Wales, registration number 12022250. The registered office is 20-22 Wenlock Road, London, N1 7GU, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,070 
2,320 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
29,706 
35,756 
VAT
3,511 
10,851 
Trade creditors
- 
6,872 
Taxes and social security
24,456 
- 
Other creditors
35,807 
29,715 
Loans from directors
(40,096)
(9,435)
53,384 
73,759 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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