Hoolabaloo Ltd - Filleted accounts

Registered number

06746052

Hoolabaloo Ltd

Filleted Accounts

31 January 2026

Hoolabaloo Ltd
Registered number:		06746052
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		70,226			56,181
			70,226			56,181

Current assets
Stocks		253,834			213,542
Debtors	4	71,518			117,188
Cash at bank and in hand		686,033			659,338
		1,011,385			990,068

Creditors: amounts falling due within one year	5	(508,777)			(558,819)

Net current assets			502,608			431,249

Total assets less current liabilities			572,834			487,430

Creditors: amounts falling due after more than one year	6		-			(3,334)


Net assets			572,834			484,096

Capital and reserves
Called up share capital			1,002			1,002
Profit and loss account			571,832			483,094

Shareholders' funds			572,834			484,096

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K Old
Director
Approved by the board on 12 October 2026

Hoolabaloo Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery		over 5 years
	Fixtures, fittings, tools and equipment		over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees				2026		2025
Number						Number

	Average number of persons employed by the company				20		20


3	Tangible fixed assets
		Land and buildings	Plant and machinery etc		Motor vehicles		Total
£				£		£
	Cost
	At 1 February 2025	8,667	108,738		53,114		170,519
	Additions	-	29,545		-		29,545
	Disposals	-	-		(10,500)		(10,500)
	At 31 January 2026	8,667	138,283		42,614		189,564

	Depreciation
	At 1 February 2025	-	86,268		28,070		114,338
	Charge for the year	-	4,209		5,618		9,827
	On disposals	-	-		(4,827)		(4,827)
	At 31 January 2026	-	90,477		28,861		119,338

	Net book value
	At 31 January 2026	8,667	47,806		13,753		70,226
	At 31 January 2025	8,667	22,470		25,044		56,181


4	Debtors				2026		2025
£						£

	Prepayments				29,941		22,139
	Other debtors				41,577		95,049
					71,518		117,188


5	Creditors: amounts falling due within one year				2026		2025
£						£

	Bank loans and overdrafts				-		10,000
	Trade creditors				337,629		351,236
	Taxation and social security costs				66,356		175,405
	Director 1				3,288		(60,106)
	Other creditors				101,504		82,284
					508,777		558,819


6	Creditors: amounts falling due after one year				2026		2025
£						£

	Bank loans				-		3,334
					-		3,334


7	Controlling party

	The Company is controlled by the Directors.


8	Other information

	Hoolabaloo Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	3 Shaftesbury Close
	West Moors
	Ferndown
	Dorset
	BH22 0DZ