Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01holding companytruefalse11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07248909 2022-04-01 2023-03-31 07248909 2021-04-01 2022-03-31 07248909 2023-03-31 07248909 2022-03-31 07248909 c:Director1 2022-04-01 2023-03-31 07248909 d:CurrentFinancialInstruments 2023-03-31 07248909 d:CurrentFinancialInstruments 2022-03-31 07248909 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07248909 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07248909 d:ShareCapital 2023-03-31 07248909 d:ShareCapital 2022-03-31 07248909 d:RetainedEarningsAccumulatedLosses 2023-03-31 07248909 d:RetainedEarningsAccumulatedLosses 2022-03-31 07248909 c:OrdinaryShareClass1 2022-04-01 2023-03-31 07248909 c:OrdinaryShareClass1 2023-03-31 07248909 c:OrdinaryShareClass1 2022-03-31 07248909 c:OrdinaryShareClass2 2022-04-01 2023-03-31 07248909 c:OrdinaryShareClass2 2023-03-31 07248909 c:OrdinaryShareClass2 2022-03-31 07248909 c:FRS102 2022-04-01 2023-03-31 07248909 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 07248909 c:FullAccounts 2022-04-01 2023-03-31 07248909 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07248909 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-04-01 2023-03-31 07248909 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-03-31 07248909 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-03-31 07248909 6 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07248909









NORFOLK HYDRAULICS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
NORFOLK HYDRAULICS LTD
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 5


 
NORFOLK HYDRAULICS LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NORFOLK HYDRAULICS LTD
FOR THE YEAR ENDED 31 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Norfolk Hydraulics Ltd for the year ended 31 March 2023 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Norfolk Hydraulics Ltd in accordance with the terms of our engagement letter dated 29 April 2020Our work has been undertaken solely to prepare for your approval the financial statements of Norfolk Hydraulics Ltd  and state those matters that we have agreed to state to the director of Norfolk Hydraulics Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Norfolk Hydraulics Ltd and its director for our work or for this report. 

It is your duty to ensure that Norfolk Hydraulics 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 profit of Norfolk Hydraulics Ltd. You consider that Norfolk Hydraulics Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Norfolk Hydraulics Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
22 November 2023
Page 1

 
NORFOLK HYDRAULICS LTD
REGISTERED NUMBER: 07248909

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
195,654
195,654

  
195,654
195,654

Current assets
  

Cash at bank and in hand
  
164,585
108,814

  
164,585
108,814

Creditors: amounts falling due within one year
 5 
(90,593)
(40,782)

Net current assets
  
 
 
73,992
 
 
68,032

Total assets less current liabilities
  
269,646
263,686

  

Net assets
  
269,646
263,686


Capital and reserves
  

Called up share capital 
 6 
5
5

Profit and loss account
  
269,641
263,681

  
269,646
263,686


Page 2

 
NORFOLK HYDRAULICS LTD
REGISTERED NUMBER: 07248909
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
J C North
Director

Date: 22 November 2023

The notes on pages 4 to 5 form part of these financial statements.

Page 3

 
NORFOLK HYDRAULICS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The Company is a private United Kingdom company limited by shares.  It is both incorporated and domiciled in England and Wales, registration number 07248909.  The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ and it's principal place of business is Norwich, Norfolk .
During the year the company acted as a holding company to its subsidiary, Amberwhite Limited.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of being a holding company to its subsidiary. Turnover is recognised on an accruals basis. 
Turnover is recognised to the extent that it is probable that economic benefits will flow to the company and the turnover can be reliably measured.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. 
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. 

 
2.5

Taxation

The tax expense for the year comprises current tax.  
Current tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
NORFOLK HYDRAULICS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
195,654



At 31 March 2023
195,654





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
88,958
39,440

Other taxation and social security
127
159

Other creditors
620
336

Accruals and deferred income
888
847

90,593
40,782



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



4 (2022 - 4) Ordinary A shares of £1.00 each
4
4
1 (2022 - 1) Ordinary B share of £1.00
1
1

5

5



7.


Transactions with directors

As at 31 March 2023, the director was owed by the company £620 (2022: £336) as included within other creditors note 5 to the financial statements. The loan is repayable on demand and no interest was charged. 
 

 
Page 5