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REGISTERED NUMBER: 08931949 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

David Hyde BSC Ltd

David Hyde BSC Ltd (Registered number: 08931949)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


David Hyde BSC Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D W G Hyde
M M R Hyde





REGISTERED OFFICE: Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS





REGISTERED NUMBER: 08931949 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

David Hyde BSC Ltd (Registered number: 08931949)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 320 1,235

CURRENT ASSETS
Debtors 5 5,001 1,124
Cash at bank 95,410 147,541
100,411 148,665
CREDITORS
Amounts falling due within one year 6 (30,697 ) (22,372 )
NET CURRENT ASSETS 69,714 126,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,034

127,528

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 69,934 127,428
SHAREHOLDERS' FUNDS 70,034 127,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:





D W G Hyde - Director


David Hyde BSC Ltd (Registered number: 08931949)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

David Hyde BSC Ltd 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.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 929 5,853 6,782
DEPRECIATION
At 1 April 2023 678 4,869 5,547
Charge for year 63 852 915
At 31 March 2024 741 5,721 6,462
NET BOOK VALUE
At 31 March 2024 188 132 320
At 31 March 2023 251 984 1,235

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,001 996
Tax Debtors - 128
5,001 1,124

David Hyde BSC Ltd (Registered number: 08931949)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 792 23
Other creditors 10 189
Directors' current accounts 28,162 20,502
Accrued expenses 1,733 1,658
30,697 22,372

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 April 2023 127,428
Profit for the year 2,506
Dividends (60,000 )
At 31 March 2024 69,934

9. ULTIMATE CONTROLLING PARTY

M M R Hyde is ultimate controlling party by virtue of holding 75% of share capital of the company and being director of the company.