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Registration number: 10494436

International Hobo Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2024

 

International Hobo Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

International Hobo Limited

Company Information

Director

Mr Chris Bateman

Registered office

Kingsmere
20 Victoria Avenue
Shanklin
Isle of Wight
PO37 6PN

Accountants

Bright Partnership Limited
Suite 1 Armcon Business Park,
London Road South
Poynton
Cheshire
SK12 1LQ

 

International Hobo Limited

(Registration number: 10494436)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3,132

694

Current assets

 

Debtors

5

4,617

5,194

Cash at bank and in hand

 

1,823

7,734

 

6,440

12,928

Creditors: Amounts falling due within one year

6

(13,599)

(14,816)

Net current liabilities

 

(7,159)

(1,888)

Net liabilities

 

(4,027)

(1,194)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(4,028)

(1,195)

Shareholders' deficit

 

(4,027)

(1,194)

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 July 2025
 

.........................................
Mr Chris Bateman
Director

 

International Hobo Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

1

General information

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

These financial statements were authorised for issue by the director on 24 July 2025.

2

Accounting policies

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,value added tax and other sales taxes.

Tax

Taxation for the year comprises current and deferred 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 or deferred 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.

Tangible assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery etc

33% on cost

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

International Hobo Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

4

Tangible assets

Plant and machinery
etc
£

Total
£

Cost or valuation

At 1 December 2023

5,013

5,013

Additions

4,496

4,496

At 30 November 2024

9,509

9,509

Depreciation

At 1 December 2023

4,319

4,319

Charge for the year

2,058

2,058

At 30 November 2024

6,377

6,377

Carrying amount

At 30 November 2024

3,132

3,132

At 30 November 2023

694

694

5

Debtors

Current

2024
£

2023
£

Trade debtors

3,857

4,652

Other debtors

760

542

 

4,617

5,194

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

5,097

1,605

Taxation and social security

275

-

Other creditors

8,227

13,211

13,599

14,816