|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
|
FOR |
|
HOOP LONDON LTD |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
|
FOR |
|
HOOP LONDON LTD |
HOOP LONDON LTD (REGISTERED NUMBER: 07370616) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
HOOP LONDON LTD |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
1st Floor |
80 Coombe Road |
New Malden |
Surrey |
KT3 4QS |
HOOP LONDON LTD (REGISTERED NUMBER: 07370616) |
|
BALANCE SHEET |
30 SEPTEMBER 2017 |
|
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 8 |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The directors acknowledge their 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. |
HOOP LONDON LTD (REGISTERED NUMBER: 07370616) |
|
BALANCE SHEET - continued |
30 SEPTEMBER 2017 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the Board of Directors on
|
|
|
|
|
|
|
|
HOOP LONDON LTD (REGISTERED NUMBER: 07370616) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
|
|
1. | STATUTORY INFORMATION |
|
Hoop London Ltd is a
|
registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | STATEMENT OF COMPLIANCE |
|
|
|
3. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
These financial statements for the year ended 30th September 2017 are the first financial statements that comply |
with FRS Section 1A "Small Entities". The date of transition is 1st October 2016 . |
|
The transition to FRS 102 Section 1A "Small Entities" has resulted in no changes in accounting policies to those |
previously used and consequently the comparatives have not been restated. |
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Plant and machinery etc | - |
|
|
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. |
HOOP LONDON LTD (REGISTERED NUMBER: 07370616) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
|
|
4. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 October 2016 |
and 30 September 2017 |
|
DEPRECIATION |
At 1 October 2016 |
|
Charge for year |
|
At 30 September 2017 |
|
NET BOOK VALUE |
At 30 September 2017 |
|
At 30 September 2016 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
HOOP LONDON LTD (REGISTERED NUMBER: 07370616) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2017 |
|
|
8. | CALLED UP SHARE CAPITAL |
|
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
|
Ordinary A | £1 | 1 | 1 |
|
Ordinary B | £1 | 1 | 1 |
2 | 2 |
|
9. | RELATED PARTY DISCLOSURES |
|
During the year dividends of £30,350 (2016: £32,000) were paid to Mr Scroggs. No dividends were paid to Ms |
McGrath in either 2017 or 2016. |
|
The directors maintain a loan account with the company. During the year the directors loaned the company the |
amount of £37,912 and were repaid the amount of £42,079. At the balance sheet date the company owed the |
directors the amount of £51,206 (2016: £54,699). |
|
The balance due to the director at the year end is unsecured, interest free and repayable on demand. |
|
|
Hoop Music Ltd |
A company in which Mr James Scroggs is the controlling shareholder. |
|
During the year under review the company loaned Hoop Music Ltd the sum of £28,790 (2016: £62,099). This |
amount was in respect of net expenses incurred by Hoop Music Ltd. The balance due to the company by Hoop |
Music Ltd at the year end was £163,330 (2016: £134,540) and this amount is included within other debtors. This |
amount is unsecured, interest free and repayable on demand. |