1 March 2024 false No description of principal activity Taxfiler 2024.6 07174318business:PrivateLimitedCompanyLtd2024-03-012025-02-28 071743182024-02-29 071743182024-03-012025-02-28 07174318business:AuditExemptWithAccountantsReport2024-03-012025-02-28 07174318business:FilletedAccounts2024-03-012025-02-28 071743182025-02-28 07174318business:Director12024-03-012025-02-28 07174318business:RegisteredOffice2024-03-012025-02-28 071743182024-02-29 07174318core:WithinOneYear2025-02-28 07174318core:WithinOneYear2024-02-29 07174318core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 07174318core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 07174318core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 07174318core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 07174318core:PreviouslyStatedAmount2025-02-28 07174318core:PreviouslyStatedAmount2024-02-29 07174318business:SmallEntities2024-03-012025-02-28 07174318countries:EnglandWales2024-03-012025-02-28 07174318core:ComputerEquipment2024-03-012025-02-28 07174318core:ComputerEquipment2024-02-29 07174318core:ComputerEquipment2025-02-28 071743182023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 07174318 (England and Wales)
Hope Animation Limited Unaudited accounts for the year ended 28 February 2025
Hope Animation Limited Unaudited accounts Contents
Page
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Hope Animation Limited Company Information for the year ended 28 February 2025
Director
Mr D Hutter
Company Number
07174318 (England and Wales)
Registered Office
80 Sir Henry Brackenbury Road Ashford TN23 3FL
Accountants
Austin, Taylor Limited 16 Dover Street Canterbury Kent CT1 3HD
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Hope Animation Limited Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
429 
582 
Current assets
Cash at bank and in hand
1,527 
741 
Creditors: amounts falling due within one year
(1,432)
(817)
Net current assets/(liabilities)
95 
(76)
Net assets
524 
506 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
522 
504 
Shareholders' funds
524 
506 
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 12 May 2025 and were signed on its behalf by
Mr D Hutter Director Company Registration No. 07174318
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Hope Animation Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Hope Animation Limited is a private company, limited by shares, registered in England and Wales, registration number 07174318. The registered office is 80 Sir Henry Brackenbury Road, Ashford, TN23 3FL.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Hope Animation Limited Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2024
1,879 
Additions
59 
At 28 February 2025
1,938 
Depreciation
At 1 March 2024
1,297 
Charge for the year
212 
At 28 February 2025
1,509 
Net book value
At 28 February 2025
429 
At 29 February 2024
582 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
40 
27 
Other creditors
392 
390 
Loans from directors
1,000 
400 
1,432 
817 
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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