Company Registration No. 13691065 (England and Wales)
Hoptrail Limited
Unaudited accounts
for the year ended 31 October 2024
Hoptrail Limited
Unaudited accounts
Contents
Hoptrail Limited
Company Information
for the year ended 31 October 2024
Directors
Henry Burrows
Ian Gerald Barclays
Company Number
13691065 (England and Wales)
Registered Office
10 JOHN STREET
LONDON
WC1N 2EB
ENGLAND
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Hoptrail Limited
Statement of financial position
as at 31 October 2024
Tangible assets
1,184
1,504
Cash at bank and in hand
112,557
128,500
Creditors: amounts falling due within one year
(12,701)
(3,584)
Net current assets
189,016
167,178
Net assets
190,200
168,682
Called up share capital
1,106
1,106
Share premium
438,626
438,626
Profit and loss account
(249,532)
(271,050)
Shareholders' funds
190,200
168,682
For the year ending 31 October 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 11 July 2025 and were signed on its behalf by
Henry Burrows
Director
Company Registration No. 13691065
Hoptrail Limited
Notes to the Accounts
for the year ended 31 October 2024
Hoptrail Limited is a private company, limited by shares, registered in England and Wales, registration number 13691065. The registered office is 10 JOHN STREET, LONDON, WC1N 2EB, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Hoptrail Limited
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
474
1,124
1,598
At 31 October 2024
474
1,124
1,598
At 1 November 2023
-
94
94
Charge for the year
95
225
320
At 31 October 2024
95
319
414
At 31 October 2024
379
805
1,184
At 31 October 2023
474
1,030
1,504
Amounts falling due within one year
Trade debtors
73,480
39,128
Accrued income and prepayments
-
1,752
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
330
807
Loans from directors
4,235
1,518
Allotted, called up and fully paid:
1,106,317 Ordinary shares of £0.001 each
1,106.31
1,106.31
8
Average number of employees
During the year the average number of employees was 1 (2023: 2).