REGISTERED NUMBER: 04121937 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Hooper Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I R Hooper

SECRETARY:

Mrs J E Hooper

REGISTERED OFFICE:

Unit A3 Mountbatten Business Park

Jackson Close

Portsmouth

Hampshire

PO6 1US

REGISTERED NUMBER:

04121937 (England and Wales)

ACCOUNTANTS:

Andrew Spencer Associates Limited

Chartered Certified Accountants

328 Chatsworth Avenue

Cosham

Portsmouth

Hampshire

PO6 2UP

FIXED ASSETS

Tangible assets

4

20,145

9,887

CURRENT ASSETS

Stocks

276,616

300,805

Debtors

5

138,850

183,703

Cash at bank and in hand

92,910

54,582

508,376

539,090

CREDITORS

Amounts falling due within one year

6

(345,400

)

(325,217

)

NET CURRENT ASSETS

162,976

213,873

TOTAL ASSETS LESS CURRENT LIABILITIES

183,121

223,760

CREDITORS

Amounts falling due after more than one year

7

(25,453

)

(60,000

)

NET ASSETS

157,668

163,760

CAPITAL AND RESERVES

Called up share capital

8

106

117

Share premium

9

67,983

67,983

Capital redemption reserve

9

11

-

Retained earnings

9

89,568

95,660

SHAREHOLDERS' FUNDS

157,668

163,760

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

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

The director acknowledges his 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.

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 director and authorised for issue on 15 July 2025 and were signed by:

I R Hooper - Director

1.	STATUTORY INFORMATION

Hooper Services 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.

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.

The financial statements relate to Hooper Services Limited as an individual entity.

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 significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

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

Improvements to property

-

Straight line over 15 years

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Computer Equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

30,602

17,723

6,362

Additions

-

-

-

Disposals

-

-

-

At 31 December 2024

30,602

17,723

6,362

DEPRECIATION

At 1 January 2024

29,787

17,107

5,923

Charge for year

397

178

120

Eliminated on disposal

-

-

-

At 31 December 2024

30,184

17,285

6,043

NET BOOK VALUE

At 31 December 2024

418

438

319

At 31 December 2023

815

616

439

Motor

Computer

vehicles

Equipment

Totals

£

£

£

COST

At 1 January 2024

84,464

39,142

178,293

Additions

16,819

2,500

19,319

Disposals

(10,499

)

-

(10,499

)

At 31 December 2024

90,784

41,642

187,113

DEPRECIATION

At 1 January 2024

79,897

35,692

168,406

Charge for year

6,430

1,936

9,061

Eliminated on disposal

(10,499

)

-

(10,499

)

At 31 December 2024

75,828

37,628

166,968

NET BOOK VALUE

At 31 December 2024

14,956

4,014

20,145

At 31 December 2023

4,567

3,450

9,887

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

101,033

139,056

Other debtors

37,817

44,647

138,850

183,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

45,000

74,160

Hire purchase contracts

5,002

745

Trade creditors

69,419

39,386

Taxation and social security

48,055

57,025

Other creditors

177,924

153,901

345,400

325,217

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

15,000

60,000

Hire purchase contracts

10,453

-

25,453

60,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

5

Ordinary D

£1

5

5

1

Ordinary E

£1

1

1

106

106

During the year the company completed a purchase of own shares for 6 Ordinary B shares of £1 each and 5 Ordinary C shares of £1 each from reserves for a combined consideration of £22,000.

9.

RESERVES

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 1 January 2024

95,660

67,983

-

163,643

Profit for the year

17,908

17,908

Dividends

(2,000

)

(2,000

)

Purchase of own shares

(22,000

)

-

11

(21,989

)

At 31 December 2024

89,568

67,983

11

157,562