Registered number |
Financial Statements |
Registered number: | |||||||
Director's Report | |||||||
The director presents her report and accounts for the year ended |
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Principal activities | |||||||
Directors | |||||||
The following persons served as directors during the year: | |||||||
Director's responsibilities statement | |||||||
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless she is satisfied that she give a true and fair view of the state of affairs of the Company and of the profit and loss of the Company for that period. In preparing these financial statements, the director is required to: |
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● | select suitable accounting policies for the Company's financial statements and then apply them consistently; | ||||||
● | make judgements and accounting estimates that are reasonable and prudent; | ||||||
● | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. | ||||||
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable her to ensure that the financial statements comply with the Companies Act 2006. she is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. | |||||||
Small companies note | |||||||
This report was approved by the board on |
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A S Mulford | |||||||
Director | |||||||
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2023 | 2022 | |||||
£ | £ | ||||||
Current assets | |||||||
Debtors | 3 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 4 | ( |
( |
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Net current liabilities | ( |
( |
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Net liabilities | ( |
( |
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Capital and reserves | |||||||
Called up share capital | |||||||
Share premium | |||||||
Profit and loss account | ( |
( |
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Shareholder's funds | ( |
( |
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The financial statements were approved and authorised for issue by the board and were signed on its behalf on |
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A S Mulford | |||||||
Director | |||||||
Notes to the Accounts | |||||||||
for the year ended |
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1 | Accounting policies | ||||||||
Basis of preparation | |||||||||
Going concern | |||||||||
The accounts have been prepared on a going concern basis as a related entity has confirmed that it will continue to provide support for the company to meet its forecast liabilities as they fall due. | |||||||||
Turnover | |||||||||
Debtors | |||||||||
Cash and cash equivalents | |||||||||
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. | |||||||||
Financial instruments | |||||||||
The company only enters into basic financial instruments 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, loaned to related parties and investments in non-puttable ordinary shares. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
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Creditors | |||||||||
Taxation | |||||||||
2 | Employees | 2023 | 2022 | ||||||
Number | Number | ||||||||
Average number of persons employed by the company | |||||||||
3 | Debtors | 2023 | 2022 | ||||||
£ | £ | ||||||||
Trade debtors | |||||||||
Other debtors | |||||||||
4 | Creditors: amounts falling due within one year | 2023 | 2022 | ||||||
£ | £ | ||||||||
Trade creditors | |||||||||
Amounts owed to group undertakings and undertakings in which the company has a participating interest | |||||||||
Other creditors | |||||||||
5 | Other information | ||||||||
Hydro Properties Limited is a private company limited by shares and incorporated in England. Its registered office is: The Stable, Newick Park, Newick, Nr Lewes, East Sussex, BN8 4SB | |||||||||
Newick |