Hoppy Man 1960 Limited

(Registration number: 9479617)
Abridged Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	-	624
Investments	5	229,587	210,634
		229,587	211,258
Current assets
Debtors		223,567	123,567
Cash at bank and in hand		154,578	244,862
		378,145	368,429
Total assets less current liabilities		607,732	579,687
Accruals and deferred income		(2,400)	(2,640)
Net assets		605,332	577,047
Capital and reserves
Called up share capital		781,250	781,250
Retained earnings		(175,918)	(204,203)
Shareholders' funds		605,332	577,047

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 September 2025, and confirmed on the Board's behalf by:
 

M J Hopkinson Director

Hoppy Man 1960 Limited

Notes to the Unaudited Abridged Financial Statements
for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales, and the company's registration number is 09479617.

The address of its registered office is Stanmore House, 64-68 Blackburn Street, Radcliffe, Manchester, M26 2JS.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial accounts are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

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

Investment income

Investment income is retained internally within the investment portfolio asset. As such it is not separated out and shown separately within the accounts, but is included within the overall investment portfolio growth figure.

Foreign currency transactions and balances

Transactions in currencies, other than the functional currency of the company, are recorded at the rate of exchange on the date the transaction occured. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Office equipment	33% straight line

Investments

Fixed asset investments comprise investments in various equity instruments and other investments which are measured at fair value. Changes in fair value are recognised in the profit or loss.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 4 (2023 - 4).

Hoppy Man 1960 Limited

Notes to the Unaudited Abridged Financial Statements
for the Year Ended 31 December 2024

4	Tangible assets

	Total £
Cost or valuation
At 1 January 2024	1,874
At 31 December 2024	1,874
Depreciation
At 1 January 2024	1,250
Charge for the year	624
At 31 December 2024	1,874
Carrying amount
At 31 December 2024	-
At 31 December 2023	624

5	Investments

The market value of the investment portfolio at 31 December 2024 was £229,587 (2023 - £210,634).

 

6	Related party transactions

One of the directors has a loan with the company which was overdrawn by £120,000 at the start of the year. No advances were made and a repayment of £120,000 was received in the year. The maximum this loan was overdrawn in the year was £120,000 (2023 - Same).

A second director has a loan with the company which was overdrawn by £120,000 at the year end (2023 - £nil). An advance of £120,000 and no repayments were made during the year. The maximum this loan was overdrawn during the year was £120,000 (2023 - £nil).

A third director has a loan with the company which was overdrawn by £100,000 at the year end (2023 - £nil). An advance of £100,000 and no repayments were made during the year. The maximum this loan was overdrawn during the year was £100,000 (2023 - £nil).

No interest has been charged on any of these loans which are repayable on demand.