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REGISTERED NUMBER: 03123594 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

HYDRO PROJECT ENGINEERING LIMITED

HYDRO PROJECT ENGINEERING LIMITED (Registered number: 03123594)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HYDRO PROJECT ENGINEERING LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTOR: G Andrews





SECRETARY: Mrs Y W Andrews





REGISTERED OFFICE: 2A NICOLA CLOSE
SOUTH CROYDON
Surrey
CR2 6NB





REGISTERED NUMBER: 03123594 (England and Wales)





ACCOUNTANTS: Pestell & Co.
Chartered Accountants
2A Nicola Close
South Croydon
Surrey
CR2 6NB

HYDRO PROJECT ENGINEERING LIMITED (Registered number: 03123594)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,873 -

CURRENT ASSETS
Debtors 5 15,573 7,984
Cash at bank 376,955 378,033
392,528 386,017
CREDITORS
Amounts falling due within one year 6 43,036 46,554
NET CURRENT ASSETS 349,492 339,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

366,365

339,463

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 366,265 339,363
SHAREHOLDERS' FUNDS 366,365 339,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:



G Andrews - Director


HYDRO PROJECT ENGINEERING LIMITED (Registered number: 03123594)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

HYDRO PROJECT ENGINEERING LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

HYDRO PROJECT ENGINEERING LIMITED (Registered number: 03123594)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 April 2022 42,288
Additions 22,498
Disposals (42,288 )
At 31 March 2023 22,498
DEPRECIATION
At 1 April 2022 42,288
Charge for year 5,625
Eliminated on disposal (42,288 )
At 31 March 2023 5,625
NET BOOK VALUE
At 31 March 2023 16,873
At 31 March 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 15,573 7,984

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 3,907 7,913
Taxation and social security 8,790 8,547
Other creditors 30,339 30,094
43,036 46,554