Hotspurcraft Limited Accounts






Hotspurcraft Limited

	Company No. 12272181
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was was that of the running of a public house which has since closed.




Directors

The Directors who served at any time during the year were as follows:

E.V. Bartlett
S.L. Bartlett








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

E.V. Bartlett
Company Secretary

03 October 2025

at	31 March 2025
Company No.		12272181	Notes	2025	2024
				£	£






Current assets

	Debtors		4	158,460	162,622

	Cash at bank and in hand			6,717	6,792
				165,177	169,414
Creditors: Amount falling due within one year			5	(176,327)	(172,573)
Net current liabilities				(11,150)	(3,159)
Total assets less current liabilities				(11,150)	(3,159)
Creditors: Amounts falling due after more than one year			6	(32,264)	(29,269)



Net liabilities				(43,414)	(32,428)

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		8	(43,415)	(32,429)

Total equity				(43,414)	(32,428)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2025 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 03 October 2025 and signed on its behalf by:
E.V. Bartlett
Director

03 October 2025

for the year ended 31 March 2025

General information

Hotspurcraft Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12272181

Its registered office is:

32 Collywell Bay Road

Seaton Sluice

Whitley Bay

NE26 4QZ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue 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.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Debtors
			2025	2024
			£	£
		Trade debtors	2,248	2,248
		Amounts owed by group undertakings	156,074	160,236




		Other debtors	138	138

			158,460	162,622

5	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	104	104


		Trade creditors	5,314	9,954
		Amounts owed to group undertakings	13,205	13,205

		Loans from directors	157,224	149,310

		Accruals and deferred income	480	-
			176,327	172,573

6	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	32,264	29,269






			32,264	29,269

Share Capital

1 Ordinary £1 share

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Transactions with related parties

As at 31 March 2025 the following related party receivable/(payable) transactions remain outstanding:-
Formicity Property Limited - £161,677
Castaways Tea Shop Limited - (£13,205)