Registration number: 11825696

Hokan Digital Services Limited

Contents

Directors' Report	1
Accountants' Report	2
Abridged Profit and Loss Account	3
Statement of Comprehensive Income	4
Abridged Balance Sheet	5 to 6
Statement of Changes in Equity	7
Notes to the Unaudited Abridged Financial Statements	8 to 10

Hokan Digital Services Limited

Directors' Report for the Year Ended 31 December 2024

The directors present their report and the abridged financial statements for the year ended 31 December 2024.

Directors of the company

The directors who held office during the year were as follows:

Alessio Lepre

Mr Aldo Peter Lo Castro

Gianluigi Martina

Principal activity

The principal activity of the company is that of Information technology consultancy activities

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 31 December 2025 and signed on its behalf by:
 

......................................... Mr Aldo Peter Lo Castro Director

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Hokan Digital Services Limited
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hokan Digital Services Limited for the year ended 31 December 2024 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Hokan Digital Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Hokan Digital Services Limited and state those matters that we have agreed to state to the Board of Directors of Hokan Digital Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hokan Digital Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Hokan Digital Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Hokan Digital Services Limited. You consider that Hokan Digital Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Hokan Digital Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

DTL Advisory Limited
Certified chartered accountant
5th Floor, North Side
7/10 Chandos Street
London
W1G 9DQ

31 December 2025

Hokan Digital Services Limited

Abridged Profit and Loss Account for the Year Ended 31 December 2024

	Note	2024 £	2023 £
Gross profit		32,423	8,356
Administrative expenses		(21,946)	(234,529)
Interest payable and similar expenses		(30,994)	(21,666)
Loss before tax	4	(20,517)	(247,839)
Loss for the financial year		(20,517)	(247,839)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Hokan Digital Services Limited

Statement of Comprehensive Income for the Year Ended 31 December 2024

	2024 £	2023 £
Loss for the year	(20,517)	(247,839)
Total comprehensive income for the year	(20,517)	(247,839)

Hokan Digital Services Limited

(Registration number: 11825696)
Abridged Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	5	1,582	2,699
Current assets
Debtors		1,226	1,600
Cash at bank and in hand		2,450	11,920
		3,676	13,520
Prepayments and accrued income		422	145
Creditors: Amounts falling due within one year		(15,572)	(15,382)
Net current liabilities		(11,474)	(1,717)
Total assets less current liabilities		(9,892)	982
Creditors: Amounts falling due after more than one year		(619,886)	(866,626)
Accruals and deferred income		(91,628)	(56,209)
Net liabilities		(721,406)	(921,853)
Capital and reserves
Called up share capital		1,691	1,691
Share premium reserve		220,964	-
Retained earnings		(944,061)	(923,544)
Shareholders' deficit		(721,406)	(921,853)

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.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

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

Approved and authorised by the Board on 31 December 2025 and signed on its behalf by:
 

Hokan Digital Services Limited

(Registration number: 11825696)
Abridged Balance Sheet as at 31 December 2024

......................................... Mr Aldo Peter Lo Castro Director

Hokan Digital Services Limited

Statement of Changes in Equity for the Year Ended 31 December 2024

	Share capital £	Share premium £	Retained earnings £	Total £
At 1 January 2024	1,691	-	(923,544)	(921,853)
Loss for the year	-	-	(20,517)	(20,517)
New share capital subscribed	-	220,964	-	220,964
At 31 December 2024	1,691	220,964	(944,061)	(721,406)

	Share capital £	Retained earnings £	Total £
At 1 January 2023	1,691	(675,705)	(674,014)
Loss for the year	-	(247,839)	(247,839)
At 31 December 2023	1,691	(923,544)	(921,853)

Hokan Digital Services 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.

The address of its registered office is:
5th Floor, North Side
7/10 Chandos Street
London
W1G 9DQ

These financial statements were authorised for issue by the Board on 31 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements 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 statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis notwithstanding the net current asset deficiency on the basis that the company will be supported, financially, by the shareholders to enable the company to meet its financial obligations as and when they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Hokan Digital Services Limited

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

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	33.33% on a straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Hokan Digital Services Limited

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

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 1).

4	Loss before tax

Arrived at after charging/(crediting)

	2024 £	2023 £
Depreciation expense	1,117	1,664

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2024	8,215	8,215
At 31 December 2024	8,215	8,215
Depreciation
At 1 January 2024	5,516	5,516
Charge for the year	1,117	1,117
At 31 December 2024	6,633	6,633
Carrying amount
At 31 December 2024	1,582	1,582
At 31 December 2023	2,699	2,699