Hopping Mad Leisure Limited
Hopping Mad Leisure Limited
Registered number: 05650977
Unaudited Financial Statements
For The Year Ended 31 May 2018
Hopping Mad Leisure Limited
Unaudited Financial Statements
For The Year Ended 31 May 2018
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Hopping Mad Leisure Limited
Balance Sheet
As at
31 May 2018
Balance Sheet
Registered number:
05650977
For the year ending 31 May 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 4 |
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| Investments | 5 |
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| CURRENT ASSETS | |||||
| Stocks | 6 |
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| Debtors | 7 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 8 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 9 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 11 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (805,253) | (774,985) | |||
Page 1
Hopping Mad Leisure Limited
Balance Sheet (continued)
As at
31 May 2018
Director's responsibilities
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The member has 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Hopping Mad Leisure Limited
Notes to the Financial Statements
For The Year Ended 31 May 2018
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The company has made a loss for the year and has net current liabilities. The directors are confident however that adequate support will be forthcoming from external lenders and other group companies for the foreseeable future.
1.3.
Turnover
Turnover represents rental income, net of Value Added Tax.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
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| Plant & Machinery |
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4.
Tangible Assets
| Land & Property | |||
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| Freehold | Plant & Machinery | Total | |
| £ | £ | £ | |
| Cost | |||
| As at |
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| Depreciation | |||
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| Provided during the period |
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| Net Book Value | |||
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Page 3
Hopping Mad Leisure Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2018
5.
Investments
| Listed | |
|---|---|
| £ | |
| Cost | |
| As at |
2 |
| As at |
2 |
| Provision | |
| As at |
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| As at |
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| Net Book Value | |
| As at |
2 |
| As at |
2 |
The company's investments at the balance sheet date in the share capital of companies include the following:
Hopping Mad Management Ltd
6.
Stocks
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Stock - work in progress |
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7.
Debtors
| 2018 | 2017 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Other debtors |
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8.
Creditors: Amounts Falling Due Within One Year
| 2018 | 2017 | ||
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| £ | £ | ||
| Trade creditors |
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| Other taxes and social security |
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| Other creditors |
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| Accruals and deferred income |
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Page 4
Hopping Mad Leisure Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2018
9.
Creditors: Amounts Falling Due After More Than One Year
| 2018 | 2017 | ||
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| £ | £ | ||
| Bank loans |
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10.
Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
| 2018 | 2017 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts | 457,000 | 469,000 |
12.
Ultimate Controlling Party
The company's ultimate controlling party is Williams Trust 2000.
Ultimate Parent Company
The company's direct parent is Yeoman Housing Limited and its ultimate parent company is Starnes Developments Limited.
13.
At the balance sheet date the company was owed the following amounts to companies under common control:
Hopping Mad Management Limited 2018 £292,481 (2017: £291,405)
Starnes (Headcorn) Limited 2018 £NIL (2017: £4,000)
Yeoman House Ltd 2018 £1 (2017: £1)
At the balance sheet date the company owed the following amounts to companies under common control:
Starnes PLC 2018 £6,217 (2017 Owed: £12,015)
Starnes Developments Limited 2018 £1,400,552 (2017: £1,311,084)
Starnes (Maidstone) Limited 2018 £NIL (2017: £55,100)
Decimus Limited 2018 £5,000 (2017: £39,500)
AA 2000 2018 £7,000 (2017 £NIL)
These balances are included in other debtors and other creditors respectively.
14.
General Information
Hopping Mad Leisure Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05650977 . The registered office is 1, Lonsdale Gardens, Tunbridge Wells, Kent, TN1 1NU.
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