Company Registration No. 13204807 (England and Wales)
Hoist Global Tech Solutions UK & Europe Ltd
Unaudited accounts
for the year ended 31 December 2022
Hoist Global Tech Solutions UK & Europe Ltd
Unaudited accounts
Contents
Hoist Global Tech Solutions UK & Europe Ltd
Company Information
for the year ended 31 December 2022
Directors
Mr Nick Mezher
David Fraser Greenlees
Company Number
13204807 (England and Wales)
Registered Office
ROURKE HOUSE
WATERMANS BUSINESS PARK
THE CAUSEWAY
STAINES
TW18 3BA
UNITED KINGDOM
Accountants
Pearl Accountants Limited
Profile West, 950 Great West Road
Suite 2, Floor 1
Brentford
Middlesex
TW8 9ES
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Hoist Global Tech Solutions UK & Europe Ltd for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Hoist Global Tech Solutions UK & Europe Ltd for the year ended
31 December 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Pearl Accountants Limited
Chartered Accountants
Profile West, 950 Great West Road
Suite 2, Floor 1
Brentford
Middlesex
TW8 9ES
27 September 2023
Hoist Global Tech Solutions UK & Europe Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
14,268
43,815
Creditors: amounts falling due within one year
(150,744)
(52,288)
Net current liabilities
(134,705)
(8,473)
Total assets less current liabilities
(134,293)
(7,854)
Creditors: amounts falling due after more than one year
(144,606)
(21,000)
Net liabilities
(278,899)
(28,854)
Called up share capital
100
100
Profit and loss account
(278,999)
(28,954)
Shareholders' funds
(278,899)
(28,854)
For the year ending 31 December 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 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 27 September 2023 and were signed on its behalf by
Mr Nick Mezher
Director
Company Registration No. 13204807
Hoist Global Tech Solutions UK & Europe Ltd
Notes to the Accounts
for the year ended 31 December 2022
Hoist Global Tech Solutions UK & Europe Ltd is a private company, limited by shares, registered in England and Wales, registration number 13204807. The registered office is ROURKE HOUSE, WATERMANS BUSINESS PARK, THE CAUSEWAY, STAINES, TW18 3BA, UNITED KINGDOM.
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.
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:
Computer equipment
25% on a straight line basis
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Hoist Global Tech Solutions UK & Europe Ltd
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
106,177
1,088
Taxes and social security
14,868
5,874
Other creditors
2,095
30,892
Loans from directors
454
1,498
7
Creditors: amounts falling due after more than one year
2022
2021
Amounts owed to group undertakings and other participating interests
144,606
21,000
Allotted, called up and fully paid:
1,000 Ordinary shares of £0.10 each
100
100
The company's controlling party is Hoist Global Tech Solutions Inc, a company registered in Canada, by virtue of its ownership of 70% of the issued share capital in the company.
10
Average number of employees
During the year the average number of employees was 2 (2021: 1).