REGISTERED NUMBER: 04402211 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

HOP CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T J Banks

N J Hosker

A Humphrey

J Spearman

A J Taylor

SECRETARY:

J Spearman

REGISTERED OFFICE:

Hop House

41 Church Road

Hove

East Sussex

BN3 2BE

REGISTERED NUMBER:

04402211 (England and Wales)

AUDITORS:

Feist Hedgethorne Limited

Statutory Auditors

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

641,995

648,668

641,995

648,668

CURRENT ASSETS

Debtors

6

1,057,965

1,272,932

Cash at bank and in hand

368,501

258,549

1,426,466

1,531,481

CREDITORS

Amounts falling due within one year

7

(664,271

)

(732,934

)

NET CURRENT ASSETS

762,195

798,547

TOTAL ASSETS LESS CURRENT LIABILITIES

1,404,190

1,447,215

CREDITORS

Amounts falling due after more than one year

8

(280,444

)

(293,824

)

PROVISIONS FOR LIABILITIES

11

(7,046

)

(4,977

)

NET ASSETS

1,116,700

1,148,414

CAPITAL AND RESERVES

Called up share capital

12

4,091

4,041

Retained earnings

1,112,609

1,144,373

SHAREHOLDERS' FUNDS

1,116,700

1,148,414

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 15 December 2025 and were signed on its behalf by:

J Spearman - Director

1.	STATUTORY INFORMATION

Hop Consulting 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these financial statements are rounded to the nearest pound.

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.

These financial statements have been prepared on the basis that the company will continue to be a going concern.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax and other sales taxes.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work completed in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Long leasehold

- not provided

Improvements to property

- 20% on cost

Fixtures and fittings

- 20% on reducing balance

Computer equipment

- 33% on cost

Departure from accounting standards

The long leasehold is not being depreciated and this is a departure from accounting standards. The directors consider the financial statements remain true and fair on the basis that to depreciate the building would be misleading when the building is maintained in a good state of repair.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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 or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid 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.

Long term contracts

Amounts recoverable on long term contracts, which are included in debtors are stated at the net sales value of the work done after provisions for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.

Impairment

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2024 - 50 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

130,556

AMORTISATION

At 1 April 2024

and 31 March 2025

130,556

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Improvements

and

Computer

leasehold

to property

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

626,484

68,105

66,912

135,366

896,867

DEPRECIATION

At 1 April 2024

-

68,105

52,375

127,719

248,199

Charge for year

-

-

2,907

3,766

6,673

At 31 March 2025

-

68,105

55,282

131,485

254,872

NET BOOK VALUE

At 31 March 2025

626,484

-

11,630

3,881

641,995

At 31 March 2024

626,484

-

14,537

7,647

648,668

The directors recognise there has been a departure from the accounting standards in relation to the depreciation of the long leasehold. The directors feel that the building is kept in a good state of repair which negates the need for depreciation.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

666,240

770,175

Amounts recoverable on contract

188,878

257,957

Other debtors

202,847

244,800

1,057,965

1,272,932

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

55,797

63,516

Trade creditors

62,794

48,711

Taxation and social security

253,082

304,381

Other creditors

292,598

316,326

664,271

732,934

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

280,444

293,824

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

228,179

238,998

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

6,811

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

293,510

307,530

The bank loans are secured on the long leasehold property.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

7,046

4,977

Deferred tax

£

Balance at 1 April 2024

4,977

Provided during year

2,069

Balance at 31 March 2025

7,046

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class:

Nominal

2025

2024

Value:

£

£

2,000

First Preference

£1

2,000

2,000

2,000

Second Preference

£1

2,000

2,000

1

Ordinary 'E'

£1

-

1

100

Ordinary 'F'

£0.10

-

10

100

Ordinary 'G'

£0.10

-

10

100

Ordinary 'H'

£0.10

-

10

100

Ordinary 'J'

£0.10

-

10

410

Third Preference

£0.10

41

-

10

Ordinary 'U'

£1

10

-

10

Ordinary 'V'

£1

10

-

10

Ordinary 'W'

£1

10

-

10

Ordinary 'X'

£1

10

-

10

Ordinary 'Y'

£1

10

-

4,091

4,041

During the year the Ordinary E, F, G H and J shares were converted to Third Preference shares. New shares were issued during the year as Ordinary U, V, W, X and Y.

13.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Chris Morey (Senior Statutory Auditor)

for and on behalf of Feist Hedgethorne Limited

14.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.