REGISTERED NUMBER: SC223746 (Scotland)

Financial Statements

for the Year Ended 30 September 2025

for

Hippo Software Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms G Adens

SECRETARY:

I Harrison

REGISTERED OFFICE:

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

REGISTERED NUMBER:

SC223746 (Scotland)

ACCOUNTANTS:

O'Haras Chartered Accountants

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

FIXED ASSETS

Tangible assets

3

2,425

5,585

CURRENT ASSETS

Debtors

4

43,516

31,688

Cash at bank

181,683

198,728

225,199

230,416

CREDITORS

Amounts falling due within one year

5

21,944

24,281

NET CURRENT ASSETS

203,255

206,135

TOTAL ASSETS LESS CURRENT LIABILITIES

205,680

211,720

PROVISIONS FOR LIABILITIES

6

461

1,061

NET ASSETS

205,219

210,659

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

205,217

210,657

SHAREHOLDERS' FUNDS

205,219

210,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 27 April 2026 and were signed by:

Ms G Adens - Director

1.	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.

Going concern

The director continues to be satisfied that the company has adequate resources to continue in operation for the next 12 months. Consequently, the director considered it appropriate to prepare the financial statements on a going concern basis.

Revenue

Turnover represents the amounts derived from providing training and consultancy services with regards to IT, excluding value added tax and trade discounts. Revenue is recognised in the accounting period in which the services are rendered.

Tangible fixed assets

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

Furniture & fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Furniture

Computer

& fittings

equipment

Totals

£

£

£

COST

At 1 October 2024

675

30,222

30,897

Additions

-

816

816

Disposals

-

(17,320

)

(17,320

)

At 30 September 2025

675

13,718

14,393

DEPRECIATION

At 1 October 2024

580

24,732

25,312

Charge for year

14

3,962

3,976

Eliminated on disposal

-

(17,320

)

(17,320

)

At 30 September 2025

594

11,374

11,968

NET BOOK VALUE

At 30 September 2025

81

2,344

2,425

At 30 September 2024

95

5,490

5,585

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

42,524

23,688

Amounts recoverable on contract

992

8,000

43,516

31,688

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,500

1,997

Taxation and social security

16,744

19,284

Other creditors

3,700

3,000

21,944

24,281

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

461

1,061

Deferred

tax

£

Balance at 1 October 2024

1,061

Movement

(600

)

Balance at 30 September 2025

461

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2