2017-02-01 07498489 2018-01-31 07498489 2017-02-01 2018-01-31 07498489 2017-01-31 07498489 2016-02-01 2017-01-31 07498489 uk-core:WithinOneYear 2017-01-31 07498489 uk-core:WithinOneYear 2018-01-31 07498489 uk-core:ShareCapital 2018-01-31 07498489 uk-core:ShareCapital 2017-01-31 07498489 uk-core:RetainedEarningsAccumulatedLosses 2018-01-31 07498489 uk-core:RetainedEarningsAccumulatedLosses 2017-01-31 07498489 uk-bus:Director1 2017-02-01 2018-01-31 07498489 uk-core:CommercialMotorVehicles 2017-02-01 2018-01-31 07498489 uk-core:WithinOneYear 2018-01-31 07498489 uk-core:WithinOneYear 2017-01-31 iso4217:GBP 07498489 uk-bus:AuditExemptWithAccountantsReport 2017-02-01 2018-01-31 07498489 uk-bus:FRS102 2017-02-01 2018-01-31 07498489 uk-bus:FullAccounts 2017-02-01 2018-01-31 07498489 uk-bus:PrivateLimitedCompanyLtd 2017-02-01 2018-01-31
Hotworks Ltd
Registered Number:07498489
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2018
Hotworks Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 January 2018
Hotworks Ltd
Statement of Financial Position
Registered Number :
07498489
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
3,374
4,217
2
3,374
4,217
Current assets
Trade and other receivables
11,233
12,795
3
5,455
Cash and cash equivalents
5,258
18,053
16,688
Trade and other payables: amounts falling due within one
year
(20,843)
(21,328)
4
(4,155)
(3,275)
Net current liabilities
Total assets less current liabilities
99
62
99
Net assets
62
Capital and reserves
Called up share capital
2
1
Retained earnings
97
61
99
62
Shareholders' funds
For the year ended 31 January 2018 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 of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
C Forward Director
These financial statements were approved and authorised for issue by the Board on 28 September 2018 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2018
Hotworks Ltd
Notes to the Financial Statements
Statutory Information
Hotworks Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07498489.
Registered address:
Damer House
Meadow Way
Wickford
Essex
SS12 9HA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Motor vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 31 January 2018
Hotworks Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Motor vehicles
£
Cost or
valuation
At 01 February 2017
6,589
At 31 January 2018
6,589
Provision for depreciation and impairment
At 01 February 2017
2,372
Charge for year
843
At 31 January 2018
3,215
At 31 January 2018
Net book value
3,374
At 31 January 2017
4,217
3. Trade and other receivables
2017
2018
£
£
Trade debtors
3,333
2,933
Other debtors
9,462
8,300
11,233
12,795
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Bank loans and overdraft
97
638
Taxation and social security
6,395
5,295
Other creditors
14,836
14,910
21,328
20,843
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