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Registered number: 08922387
Little Explorers Hopwood Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Engage Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08922387
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,000 20,000
Tangible Assets 5 401,972 402,630
411,972 422,630
CURRENT ASSETS
Debtors 6 3,462 9,165
Cash at bank and in hand 53,142 22,408
56,604 31,573
Creditors: Amounts Falling Due Within One Year 7 (254,589 ) (240,422 )
NET CURRENT ASSETS (LIABILITIES) (197,985 ) (208,849 )
TOTAL ASSETS LESS CURRENT LIABILITIES 213,987 213,781
Creditors: Amounts Falling Due After More Than One Year 8 (171,577 ) (190,929 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (689 ) (689 )
NET ASSETS 41,721 22,163
CAPITAL AND RESERVES
Called up share capital 9 104 104
Revaluation reserve 10 21,103 21,103
Profit and Loss Account 20,514 956
SHAREHOLDERS' FUNDS 41,721 22,163
Page 1
Page 2
For the year ending 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jeremy Roberts
Director
30/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Little Explorers Hopwood Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08922387 . The registered office is 188 Birchfield Road Headless Cross, Redditch, Worcestershire, B97 4NA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% on cost
2.5. 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 statement of comprehensive income 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 12)
12 12
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 100,000
As at 31 March 2025 100,000
Amortisation
As at 1 April 2024 80,000
Provided during the period 10,000
As at 31 March 2025 90,000
Net Book Value
As at 31 March 2025 10,000
As at 1 April 2024 20,000
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 400,000 10,415 8,774 419,189
As at 31 March 2025 400,000 10,415 8,774 419,189
Depreciation
As at 1 April 2024 - 7,785 8,774 16,559
Provided during the period - 658 - 658
As at 31 March 2025 - 8,443 8,774 17,217
Net Book Value
As at 31 March 2025 400,000 1,972 - 401,972
As at 1 April 2024 400,000 2,630 - 402,630
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,211 7,648
Other debtors 2,251 1,517
3,462 9,165
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 998 1,000
Bank loans and overdrafts 16,625 16,625
Other creditors 213,868 213,617
Taxation and social security 23,098 9,180
254,589 240,422
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 171,577 190,929
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 104 104
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 April 2024 21,103 956
Profit for the year and total comprehensive income - 67,558
Dividends paid - (48,000)
As at 31 March 2025 21,103 20,514
Page 5