Hot Topics Ltd - Accounts

	Registered number
	08943709

	Hot Topics Ltd
	Draft Unaudited Accounts
	for the year ended
	31 December 2024

Hot Topics Ltd Balance Sheet as at 31 December 2024
	Notes		2024 £		2023 £
Current assets
Debtors	3	328,856		147,701
Cash at bank and in hand		330,320		77,186
		659,176		224,887

Prepayments and accrued income:		102,564		0

Creditors: amounts falling due within one year	4	(489,415)		(200,901)

Net current assets / (liabilities)			272,325		23,986

Total assets less current liabilities			272,325		23,986

Provisions for liabilities			(0)		(0)

Accruals and deferred income			(383,610)		(0)

Total net assets (liabilities)			(111,285)		23,986

Capital and reserves
Called up share capital			966		966
Profit and loss account			(112,251)		23,020
Shareholders' funds			(111,285)		23,986

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

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr P Randerson

Director

Approved by the board on 28 September 2025

Company Number: 08943709 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

First Floor, National House
60-66 Wardour Street
London
W1F 0TA
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Employees
	2024	2023
Average number of employees during the period	12	8

Debtors
	2024	2023
	£	£
Trade debtors	324,637	137,000
Other debtors	4,219	10,701
	328,856	147,701

Creditors: amounts falling due within one year
	2024	2023
	£	£
Bank Loans & Overdrafts	17,136	6,332
Trade creditors	103,024	51,768
Taxation & social security	143,540	66,058
Other creditors	225,715	76,743
	489,415	200,901

5.	Related party disclosures
	Controlling party At the year end, the company owed £222,667 to Director Philip Randerson. This balance relates to amounts advanced by the director to support the company’s working capital requirements. The loan is unsecured, interest-free, and repayable on demand. No guarantees have been given or received in respect of this balance.