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REGISTERED NUMBER: 10000976 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

HOPE PIER LIMITED

HOPE PIER LIMITED (REGISTERED NUMBER: 10000976)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOPE PIER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: A E Burbidge
A Chavasse
P Swinden
C Wren
I Thompson





REGISTERED OFFICE: Hope Pier
Lower Mall
London
W6 9DJ





REGISTERED NUMBER: 10000976 (England and Wales)





ACCOUNTANTS: Galloways Accounting
15 West Street
Brighton
East Sussex
BN1 2RL

HOPE PIER LIMITED (REGISTERED NUMBER: 10000976)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 257,500 377,700
Tangible assets 5 177,720 184,088
435,220 561,788

CURRENT ASSETS
Debtors 6 31,476 21,530
Cash at bank 242,882 208,379
274,358 229,909
CREDITORS
Amounts falling due within one year 7 (80,147 ) (72,985 )
NET CURRENT ASSETS 194,211 156,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

629,431

718,712

CREDITORS
Amounts falling due after more than one
year

8

(1,478,090

)

(1,433,484

)
NET LIABILITIES (848,659 ) (714,772 )

RESERVES
Retained earnings (848,659 ) (714,772 )
(848,659 ) (714,772 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HOPE PIER LIMITED (REGISTERED NUMBER: 10000976)

BALANCE SHEET - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:





A Chavasse - Director


HOPE PIER LIMITED (REGISTERED NUMBER: 10000976)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Hope Pier Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at fair value of the consideration received by the company in respect rentals received from members, commission on sale of members berths or any other revenue generated in accordance with the members agreement.

Intangible assets
The other intangible asset is measured using the revaluation model and relates to the acquisition of a property in 2016. This asset is stated at its fair value on the date of the latest revaluation less subsequent accumulated depreciation and any impairment losses, where applicable. Valuations are made on annual basis so that the carrying amount of these asset does not differ materially from its fair value. The other intangible asset is being amortised over its useful economic life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 5% on cost

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Going concern
Notwithstanding the company's net liabilities of £848,659 (2023: £714,772) the financial statements have been prepared on a going concern basis. The company has reviewed its forecasts and sufficient resources to meet its liabilities as they fall due. The loans included in note 9 are owed to the members and are payable upon sale of their berths.

3. EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

HOPE PIER LIMITED (REGISTERED NUMBER: 10000976)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
asset
£   
COST OR VALUATION
At 1 August 2023 1,259,000
Revaluations 28,500
At 31 July 2024 1,287,500
AMORTISATION
At 1 August 2023 881,300
Amortisation for year 128,750
Revaluation adjustments 19,950
At 31 July 2024 1,030,000
NET BOOK VALUE
At 31 July 2024 257,500
At 31 July 2023 377,700


5. TANGIBLE FIXED ASSETS
Infrastructu
works
£   
COST
At 1 August 2023 263,137
Additions 7,146
At 31 July 2024 270,283
DEPRECIATION
At 1 August 2023 79,049
Charge for year 13,514
At 31 July 2024 92,563
NET BOOK VALUE
At 31 July 2024 177,720
At 31 July 2023 184,088

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 31,476 21,530

HOPE PIER LIMITED (REGISTERED NUMBER: 10000976)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Payments on account 659 271
Taxation and social security 1,939 -
Other creditors 77,549 72,714
80,147 72,985

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 1,478,090 1,433,484