babyHydro Limited SC350026 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is Engineering related scientific and technical consulting activities Digita Accounts Production Advanced 6.30.9574.0 true SC350026 2023-03-01 2024-02-29 SC350026 2024-02-29 SC350026 core:RetainedEarningsAccumulatedLosses 2024-02-29 SC350026 core:ShareCapital 2024-02-29 SC350026 core:CurrentFinancialInstruments 2024-02-29 SC350026 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 SC350026 bus:SmallEntities 2023-03-01 2024-02-29 SC350026 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 SC350026 bus:FullAccounts 2023-03-01 2024-02-29 SC350026 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC350026 bus:RegisteredOffice 2023-03-01 2024-02-29 SC350026 bus:Director4 2023-03-01 2024-02-29 SC350026 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-03-01 2024-02-29 SC350026 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC350026 countries:Scotland 2023-03-01 2024-02-29 SC350026 2022-03-01 2023-02-28 SC350026 2023-02-28 SC350026 core:RetainedEarningsAccumulatedLosses 2023-02-28 SC350026 core:ShareCapital 2023-02-28 SC350026 core:CurrentFinancialInstruments 2023-02-28 SC350026 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 SC350026 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registration number: SC350026

babyHydro Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024

 

babyHydro Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 3

 

babyHydro Limited

(Registration number: SC350026)
Statement of Financial Position as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Debtors

-

356

Cash at bank and in hand

 

-

7,166

 

-

7,522

Creditors: Amounts falling due within one year

4

-

(1,413)

Net assets

 

-

6,109

Capital and reserves

 

Called up share capital

1,230

1,230

Retained earnings

(1,230)

4,879

Shareholders' funds

 

-

6,109

For the financial year ending 29 February 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 10 April 2024 and signed on its behalf by:
 

.........................................
Mr David Scanlan
Director

 

babyHydro Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Gateside Farm
Carluke
ML8 4QN

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

 

babyHydro Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 3 (2023 - 3).

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

-

1,413

5

Dividends

Final dividends paid

   

2024
£

 

2023
£

Final dividend of £22.6966 (2023 - £Nil) per each Ordinary A shares

 

22,697

 

-