Company Registration No. 16197370 (England and Wales)
Loop52 Ltd
Unaudited accounts
for the period from 21 January 2025 to 31 January 2026
Loop52 Ltd
Unaudited accounts
Contents
Loop52 Ltd
Company Information
for the period from 21 January 2025 to 31 January 2026
Directors
L Campbell
J Mccree-Grey
Company Number
16197370 (England and Wales)
Registered Office
Gf8
The Bike Depot
140 Cowley Road
Cambridge
Cambridgeshire
CB4 0DL
England
Loop52 Ltd
Statement of financial position
as at 31 January 2026
Cash at bank and in hand
35,471
Creditors: amounts falling due within one year
(4,328)
Called up share capital
16
Profit and loss account
(104,050)
Shareholders' funds
39,715
For the period ending 31 January 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2026 and were signed on its behalf by
L Campbell
Director
Company Registration No. 16197370
Loop52 Ltd
Notes to the Accounts
for the period from 21 January 2025 to 31 January 2026
Loop52 Ltd is a private company, limited by shares, registered in England and Wales, registration number 16197370. The registered office is Gf8, The Bike Depot, 140 Cowley Road, Cambridge, Cambridgeshire, CB4 0DL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
1,417
2,069
3,486
At 31 January 2026
1,417
2,069
3,486
Charge for the period
178
351
529
At 31 January 2026
178
351
529
At 31 January 2026
1,239
1,718
2,957
Loop52 Ltd
Notes to the Accounts
for the period from 21 January 2025 to 31 January 2026
Amounts falling due within one year
Accrued income and prepayments
991
6
Creditors: amounts falling due within one year
2026
Taxes and social security
204
Loans from directors
1,659
7
Average number of employees
During the period the average number of employees was 2.