REGISTERED NUMBER: 08319852 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HEDGEPO LIMITED

TRADING AS

ALLOCATOR

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Kalish

B Kaluza

REGISTERED OFFICE:

10 London Mews

LONDON

W2 1HY

REGISTERED NUMBER:

08319852 (England and Wales)

ACCOUNTANTS:

Stein Richards

Chartered Accountants

10 London Mews

Paddington

LONDON

W2 1HY

FIXED ASSETS

Tangible assets

4

25,324

21,578

Investments

5

4

4

25,328

21,582

CURRENT ASSETS

Debtors

6

551,556

483,631

Cash at bank

365,131

477,345

916,687

960,976

CREDITORS

Amounts falling due within one year

7

1,495,537

1,135,369

NET CURRENT LIABILITIES

(578,850

)

(174,393

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(553,522

)

(152,811

)

CREDITORS

Amounts falling due after more than one year

8

54,380

-

NET LIABILITIES

(607,902

)

(152,811

)

CAPITAL AND RESERVES

Called up share capital

9

2,278

2,278

Share premium

4,585,824

4,585,824

Capital redemption reserve

88

88

Retained earnings

(5,196,092

)

(4,741,001

)

SHAREHOLDERS' FUNDS

(607,902

)

(152,811

)

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 directors acknowledge their 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 Board of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by:

R Kalish - Director

1.	STATUTORY INFORMATION

Hedgepo 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.

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.

Going Concern

The financial statements have been prepared on the going concern basis as the directors believe that adequate cash resources will be available to cover, via support of directors and external funding, the company's requirements for working capital and capital expenditure for at least the next twelve months. The directors have concluded, due to the nature of the company's business, the current economic environment has not given rise to any material uncertainty which would cast doubt on the company's ability to continue as a going concern for the next twelve months.

Turnover

Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets

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

Land and buildings

-

over period of lease

Plant and machinery etc

-

33.33% straight line and 25% straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

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 taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax receivable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.This has been included in other debtors.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Operating Leases

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments 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 18 (2023 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

3,109

14,394

7,073

24,576

Additions

-

217

13,026

13,243

At 31 December 2024

3,109

14,611

20,099

37,819

DEPRECIATION

At 1 January 2024

311

1,658

1,029

2,998

Charge for year

622

3,613

5,262

9,497

At 31 December 2024

933

5,271

6,291

12,495

NET BOOK VALUE

At 31 December 2024

2,176

9,340

13,808

25,324

At 31 December 2023

2,798

12,736

6,044

21,578

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

4

NET BOOK VALUE

At 31 December 2024

4

At 31 December 2023

4

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

147,305

161,433

Amounts owed by group undertakings

28,645

9,897

Other debtors

375,606

312,301

551,556

483,631

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

35,152

33,308

Taxation and social security

174,826

69,469

Other creditors

1,285,559

1,032,592

1,495,537

1,135,369

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

54,380

-

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

227,816

Share capital 1

.01

2,278

2,278

10.	OTHER FINANCIAL COMMITMENTS

Operating lease commitments not included in the balance sheet amount to £322,800.