COMPANY REGISTRATION NUMBER:
12509299
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Filleted Unaudited Financial Statements |
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Year ended 31 December 2025
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Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements |
1 |
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Statement of financial position |
2 |
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Notes to the financial statements |
3 to 4 |
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Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
Hipper Developments Ltd |
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Year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hipper Developments Ltd for the year ended 31 December 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Hipper Developments Ltd, as a body, in accordance with the terms of our engagement letter dated 15 August 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Hipper Developments Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hipper Developments Ltd and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Hipper Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hipper Developments Ltd. You consider that Hipper Developments Ltd 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 financial statements of Hipper Developments Ltd. 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 financial statements.
HEBBLETHWAITES
Chartered Accountants
2 Westbrook Court
Sharrow Vale Road
Sheffield
S11 8YZ
17 July 2026
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Statement of Financial Position |
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31 December 2025
Current assets
|
Debtors |
5 |
2,452 |
16,514 |
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Cash at bank and in hand |
16,700 |
7,962 |
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-------- |
-------- |
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19,152 |
24,476 |
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Creditors: amounts falling due within one year |
6 |
34,330 |
39,124 |
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-------- |
-------- |
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Net current liabilities |
15,178 |
14,648 |
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-------- |
-------- |
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Total assets less current liabilities |
(
15,178) |
(
14,648) |
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-------- |
-------- |
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Net liabilities |
(
15,178) |
(
14,648) |
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-------- |
-------- |
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Capital and reserves
|
Called up share capital |
100 |
100 |
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Profit and loss account |
(
15,278) |
(
14,748) |
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-------- |
-------- |
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Shareholders deficit |
(
15,178) |
(
14,648) |
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-------- |
-------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 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 financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
17 July 2026
, and are signed on behalf of the board by:
Company registration number:
12509299
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Notes to the Financial Statements |
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Year ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o Atlantic Pumps Ltd, Unit 1 Atlantic Trading Estate, Carrwood Road, Chesterfield, S41 9QB, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At the year end date there was a deficit on shareholders funds. The accounts have been prepared on a going concern basis which assumes the continued financial support of its creditors and the directors believe this is reasonable.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2024: Nil).
5.
Debtors
|
2025 |
2024 |
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£ |
£ |
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Trade debtors |
2,160 |
7,535 |
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Other debtors |
292 |
8,979 |
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------- |
-------- |
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2,452 |
16,514 |
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------- |
-------- |
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6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
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£ |
£ |
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Trade creditors |
– |
5,110 |
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Social security and other taxes |
126 |
– |
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Other creditors |
34,204 |
34,014 |
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-------- |
-------- |
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34,330 |
39,124 |
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-------- |
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