The Hot Lot Company Limited - Abbreviated accounts 16.3
The Hot Lot Company Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 October 2016 |
| for |
| The Hot Lot Company Limited |
| The Hot Lot Company Limited (Registered number: 09264889) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 October 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Report of the Accountants | 6 |
| The Hot Lot Company Limited |
| Company Information |
| for the Year Ended 31 October 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| The Hot Lot Company Limited (Registered number: 09264889) |
| Abbreviated Balance Sheet |
| 31 October 2016 |
| 31.10.16 | 31.10.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 Hot Lot Company Limited (Registered number: 09264889) |
| Abbreviated Balance Sheet - continued |
| 31 October 2016 |
| The financial statements were approved by the Board of Directors on |
| The Hot Lot Company Limited (Registered number: 09264889) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 October 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the |
| lease. |
| Provisions |
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past |
| event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can |
| be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation |
| taking into account the risks and uncertainties surrounding the obligation. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2015 |
| Additions |
| At 31 October 2016 |
| DEPRECIATION |
| At 1 November 2015 |
| Charge for year |
| At 31 October 2016 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 October 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.16 | 31.10.15 |
| value: | £ | £ |
| Ordinary | £1 |
| Ordinary "B" | £1 |
| 103 | 103 |
| The Hot Lot Company Limited (Registered number: 09264889) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2016 |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the year ended 31 October 2016 and the period ended |
| 31 October 2015: |
| 31.10.16 | 31.10.15 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced | ( |
) | ( |
) |
| Amounts repaid |
| Balance outstanding at end of year | ( |
) |
| At the balance sheet date the directors loan account was £149,959 overdrawn however the funds from the settlement of the |
| employees reward provision were used to repay this within the nine month time limit |
| The Hot Lot Company Limited |
| Report of the Accountants to the Directors of |
| The Hot Lot Company Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited |
| financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2016 set out on pages three to eight and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 25 January 2017 |