Company Registration No. 12446476 (England and Wales)
Hobo Enterprises Ltd
Unaudited accounts
for the year ended 28 February 2022
Hobo Enterprises Ltd
Unaudited accounts
Contents
Hobo Enterprises Ltd
Company Information
for the year ended 28 February 2022
Company Number
12446476 (England and Wales)
Registered Office
27 Great Unbderbank
Stockport
Cheshire
SK1 1LN
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
Hobo Enterprises Ltd
Statement of financial position
as at
28 February 2022
Cash at bank and in hand
3,341
1
Creditors: amounts falling due within one year
(8,056)
(642)
Net current assets/(liabilities)
20,419
(507)
Total assets less current liabilities
20,419
(507)
Creditors: amounts falling due after more than one year
(41,137)
-
Net liabilities
(20,718)
(507)
Called up share capital
1
1
Profit and loss account
(20,719)
(508)
Shareholders' funds
(20,718)
(507)
For the year ending 28 February 2022 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 director acknowledges his 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 and authorised for issue on 23 November 2022 and were signed on its behalf by
D F O'Malley
Director
Company Registration No. 12446476
Hobo Enterprises Ltd
Notes to the Accounts
for the year ended 28 February 2022
Hobo Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 12446476. The registered office is 27 Great Unbderbank, Stockport, Cheshire, SK1 1LN.
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 remained unchanged from the previous year, and also 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Amounts falling due within one year
Amounts due from group undertakings etc.
25,000
-
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
6,664
-
Loans from directors
102
102
6
Creditors: amounts falling due after more than one year
2022
2021
Aggregate of amounts that fall due for payment after five years
19,364
-
Hobo Enterprises Ltd
Notes to the Accounts
for the year ended 28 February 2022
7
Share capital
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
Mr D O'Malley is a director and shareholder in both HOBO Enterprises Limited and DOM Properties Limited.
HOBO Enterprises Limited rented property from DOM Properties during the year for £37,000 ( 2021 - £Nil).
During the year HOBO Enterprises Limited made a loan to DOM Properties Limited of £25,000 ( 2021 - £Nil) which was still outstanding at the balance sheet date.
The loan is subject to interest at a commercial rate and is repayble upon demand.
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).