Hoquado Ltd - Accounts to registrar (filleted) - small 18.2
Hoquado Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019 |
| FOR |
| HOQUADO LTD |
| HOQUADO LTD (REGISTERED NUMBER: 05696437) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2019 |
| Page |
| Chartered Certified Accountant's Report | 1 |
| Balance Sheet | 2 |
| CHARTERED CERTIFIED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| HOQUADO LTD |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
| a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar |
| of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial |
| statements of Hoquado Ltd for the year ended 30 June 2019 which comprise the Income Statement, Balance Sheet and |
| the related notes from the company's accounting records and from information and explanations you have given me. |
| As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
| This report is made solely to the Board of Directors of Hoquado Ltd, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Hoquado Ltd and state those matters that I have agreed to state to the Board of Directors of Hoquado Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for my work or for this report. |
| It is your duty to ensure that Hoquado Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Hoquado Ltd. You consider that Hoquado Ltd is exempt from the statutory audit requirement for the year. |
| I have not been instructed to carry out an audit or a review of the financial statements of Hoquado Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements. |
| Lescott Courts Limited |
| Chartered Certified Accountants |
| 49 High Street |
| Burnham on Crouch |
| Essex |
| CM0 8AG |
| HOQUADO LTD (REGISTERED NUMBER: 05696437) |
| BALANCE SHEET |
| 30 JUNE 2019 |
| 2019 | 2018 |
| £ | £ |
| CURRENT ASSETS |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| NOTES TO THE FINANCIAL STATEMENTS |
| 1. | STATUTORY INFORMATION |
| Hoquado Ltd is a |
| registered number and registered office address are as below: |
| Registered number: | 05696437 |
| Registered office: | 49 High Street |
| Burnham on Crouch |
| Essex |
| CM0 8AG |
| 2. | AVERAGE NUMBER OF EMPLOYEES |
| The average number of employees during the year was NIL (2018 - NIL). |
| 3. | OTHER FINANCIAL COMMITMENTS |
| The company is the purchasing agent for Hoquado Nigeria, a company registered in Nigeria. Mr B Okoko is a |
| director and shareholder of that company as well as a director and shareholder of Hoquado Ltd in the United |
| Kingdom. During the year the company charged management fees to Hoquado Nigeria totalling £nil (2018: |
| £30,000). The balance owed to the company at the year end was £169,098.70 (2018: £186,328.21). |
| Monies and Letters of credit are advanced to purchase equipment for Hoquado Nigeria and its clients to use in |
| Nigeria. These monies are treated as client monies and held on trust in a client account on behalf of its clients. |
| At the 30 June 2018 Hoquado UK held client monies totalling $2,387,536.06 (2018:$2,490,931.84) and Euros |
| 7.43 (2018: Euros 41.03 ) as these amounts are deemed to be client funds they have been excluded from the |
| accounts. |
| HOQUADO LTD (REGISTERED NUMBER: 05696437) |
| BALANCE SHEET - continued |
| 30 JUNE 2019 |
| 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. |
| The financial statements were approved by the Board of Directors on |