Company Registration No. 12596465 (England and Wales)
HYSERVE LIMITED
Unaudited accounts
for the year ended 31 May 2023
HYSERVE LIMITED
Unaudited accounts
Contents
HYSERVE LIMITED
Company Information
for the year ended 31 May 2023
Directors
Jerome Dardillac
Marina Dardillac
Company Number
12596465 (England and Wales)
Registered Office
Unit 6, Station Lane Station Lane
Birtley
Birtley
DH3 1DQ
England
Accountants
Abacus Jack Ltd
New Century House
Crowther Road
Washington
Tyne and Wear
NE38 0QA
HYSERVE LIMITED
Statement of financial position
as at 31 May 2023
Intangible assets
10,038
-
Tangible assets
176,947
97,209
Cash at bank and in hand
(20,035)
176,201
Creditors: amounts falling due within one year
(421,257)
(502,779)
Net current assets
116,777
77,942
Total assets less current liabilities
303,762
175,151
Creditors: amounts falling due after more than one year
(75,755)
(33,687)
Provisions for liabilities
Deferred tax
(27,073)
(18,470)
Net assets
200,934
122,994
Called up share capital
100
100
Profit and loss account
200,834
122,894
Shareholders' funds
200,934
122,994
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by
Jerome Dardillac
Director
Company Registration No. 12596465
HYSERVE LIMITED
Notes to the Accounts
for the year ended 31 May 2023
HYSERVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12596465. The registered office is Unit 6, Station Lane Station Lane, Birtley, Birtley, DH3 1DQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intangible fixed assets includes software development R&D.
The intangible fixed assets are amortized over 10 years.
4
Intangible fixed assets
Other
HYSERVE LIMITED
Notes to the Accounts
for the year ended 31 May 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2022
69,864
50,973
120,837
Additions
55,690
70,499
126,189
Disposals
-
(9,995)
(9,995)
At 31 May 2023
125,554
111,477
237,031
At 1 June 2022
14,633
8,995
23,628
Charge for the year
15,297
25,298
40,595
On disposals
-
(4,139)
(4,139)
At 31 May 2023
29,930
30,154
60,084
At 31 May 2023
95,624
81,323
176,947
At 31 May 2022
55,231
41,978
97,209
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
81,323
41,978
Amounts falling due within one year
Trade debtors
466,976
336,948
Accrued income and prepayments
59,931
52,528
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
17,059
12,118
Trade creditors
240,590
257,976
Taxes and social security
43,643
29,393
Loans from directors
13,317
-
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
75,755
33,687
HYSERVE LIMITED
Notes to the Accounts
for the year ended 31 May 2023
9
Average number of employees
During the year the average number of employees was 20 (2022: 18).