Unaudited Financial Statements

for the Year Ended 31 May 2025

for

The Hoops Inn Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M R Yexley

SECRETARY:

Mrs K A Yexley

REGISTERED OFFICE:

146 High Street

Billericay

Essex

CM12 9DF

REGISTERED NUMBER:

06986245 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

FIXED ASSETS

Tangible assets

4

484,785

492,205

Investments

5

161,235

161,235

Investment property

6

1,292,994

740,928

1,939,014

1,394,368

CURRENT ASSETS

Debtors

7

52,749

743,677

Cash at bank

2,084,580

1,805,343

2,137,329

2,549,020

CREDITORS

Amounts falling due within one year

8

147,754

203,445

NET CURRENT ASSETS

1,989,575

2,345,575

TOTAL ASSETS LESS CURRENT LIABILITIES

3,928,589

3,739,943

CAPITAL AND RESERVES

Called up share capital

161,135

161,135

Retained earnings

3,767,454

3,578,808

SHAREHOLDERS' FUNDS

3,928,589

3,739,943

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 19 November 2025 and were signed by:

M R Yexley - Director

1.	STATUTORY INFORMATION

The Hoops Inn 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.

Preparation of consolidated financial statements

The financial statements contain information about The Hoops Inn Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 June 2024

and 31 May 2025

546,000

DEPRECIATION

At 1 June 2024

53,795

Charge for year

7,420

At 31 May 2025

61,215

NET BOOK VALUE

At 31 May 2025

484,785

At 31 May 2024

492,205

Included in cost of land and buildings is freehold land of £ 175,000 (2024 - £ 175,000 ) which is not depreciated.

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 June 2024

161,235

-

161,235

Additions

-

1,005,101

1,005,101

Disposals

-

(1,005,101

)

(1,005,101

)

At 31 May 2025

161,235

-

161,235

NET BOOK VALUE

At 31 May 2025

161,235

-

161,235

At 31 May 2024

161,235

-

161,235

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

740,928

Additions

552,066

At 31 May 2025

1,292,994

NET BOOK VALUE

At 31 May 2025

1,292,994

At 31 May 2024

740,928

The company's investment relates to four residential properties and one commercial property which are being leased on a commercial basis to third parties.

The director considers that there have been no significant changes to the fair value of the investment properties at 31 May 2025 and therefore the fair value is the same as the historical cost value of £1,292,994.

On the above basis, no adjustment has been made to the profit and loss account.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

596,715

Other debtors

-

95,000

Directors' current accounts

39,231

38,264

Tax

13,059

13,059

Prepayments

459

639

52,749

743,677

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,275

1,277

Amounts owed to group undertakings

33,028

83,984

Tax

75,678

59,348

Social security and other taxes

10,541

16,219

Other creditors

7,177

4,546

Accrued expenses

2,200

37,200

Deferred income

17,855

871

147,754

203,445