ACCOUNTS - Final Accounts

Registered number: 04462112

HI-SPOT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2026

HI-SPOT LIMITED

REGISTERED NUMBER: 04462112

BALANCE SHEET

AS AT 30 JUNE 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	10,000		5,325
Cash at bank and in hand	5	32,886		29,916
		42,886		35,241
Creditors: amounts falling due within one year	6	(1,824)		(899)
Net current assets			41,062		34,342
Total assets less current liabilities			41,062		34,342

Net assets			41,062		34,342

Capital and reserves
Called up share capital	7	2	2
Profit and loss account		41,060	34,340
		41,062	34,342

HI-SPOT LIMITED

REGISTERED NUMBER: 04462112

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2026

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

P D B Townshend

Director

Date: 28 October 2026

The notes on pages 3 to 5 form part of these financial statements.

HI-SPOT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

1.	General information

Hi-Spot Limited is a private company, limited by shares, registered in England and Wales, registration number 04462112. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of grant of licences for the right to use of the name 'The Who'.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from grant of licences for the right to use the name 'The Who' is recognised as the related performance obligations are satisfied and only to the extent that it is probable that the company will be entitled to the consideration due under the contract.

2.4

Interest income

Interest income is recognised in the profit and loss account using the effective interest method.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

HI-SPOT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

2.Accounting policies (continued)

2.7

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price.

2.9

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities such as trade and other debtors, and other creditors.

Employees

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

Debtors

					2026	2025
					£	£


Trade debtors	10,000	5,000
Other debtors	-	325
	10,000	5,325

5.	Cash
		2026	2025
		£	£

	Cash at bank and in hand	32,886	29,916

HI-SPOT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

6.	Creditors: amounts falling due within one year
		2026	2025
		£	£

Corporation tax	924	-
Accruals	900	899
	1,824	899

7.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

2 (2025 - 2) Ordinary shares of £1.00 each	2	2