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HYBRID ASSET SOLUTIONS LIMITED

Registered Number
14222350
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2023

HYBRID ASSET SOLUTIONS LIMITED
Company Information
for the year from 1 October 2022 to 30 September 2023

Directors

FLINT, Jake
JONES, Kyle Addison
MCCABE, Philip James

Registered Address

C/O Redstone Accountancy 253 Monton Road
Eccles
Manchester
M30 9PS

Registered Number

14222350 (England and Wales)
HYBRID ASSET SOLUTIONS LIMITED
Balance Sheet as at
30 September 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors5246,531100
Cash at bank and on hand5,776-
252,307100
Creditors amounts falling due within one year6(236,298)-
Net current assets (liabilities)16,009100
Total assets less current liabilities16,009100
Net assets16,009100
Capital and reserves
Called up share capital100100
Profit and loss account15,909-
Shareholders' funds16,009100
The financial statements were approved and authorised for issue by the Board of Directors on 27 November 2023, and are signed on its behalf by:
MCCABE, Philip James
Director
Registered Company No. 14222350
HYBRID ASSET SOLUTIONS LIMITED
Notes to the Financial Statements
for the year ended 30 September 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year00
5.Debtors

2023

2022

££
Trade debtors / trade receivables25,109-
Other debtors221,422100
Total246,531100
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors within one year

2023

2022

££
Trade creditors / trade payables212,628-
Bank borrowings and overdrafts4,024-
Taxation and social security19,646-
Total236,298-
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.