2023-01-262024-01-312024-01-31false14619622HYDREZEN LTD.2024-07-2832990iso4217:GBPxbrli:pure146196222023-01-26146196222024-01-31146196222023-01-262024-01-31146196222023-01-25146196222023-01-25146196222023-01-252023-01-2514619622bus:SmallEntities2023-01-262024-01-3114619622bus:AuditExempt-NoAccountantsReport2023-01-262024-01-3114619622bus:FullAccounts2023-01-262024-01-3114619622bus:PrivateLimitedCompanyLtd2023-01-262024-01-3114619622core:WithinOneYear2024-01-3114619622core:AfterOneYear2024-01-3114619622core:WithinOneYear2023-01-2514619622core:AfterOneYear2023-01-2514619622core:ShareCapital2024-01-3114619622core:SharePremium2024-01-3114619622core:RevaluationReserve2024-01-3114619622core:OtherReservesSubtotal2024-01-3114619622core:RetainedEarningsAccumulatedLosses2024-01-3114619622core:ShareCapital2023-01-2514619622core:SharePremium2023-01-2514619622core:RevaluationReserve2023-01-2514619622core:OtherReservesSubtotal2023-01-2514619622core:RetainedEarningsAccumulatedLosses2023-01-2514619622core:LandBuildings2024-01-3114619622core:PlantMachinery2024-01-3114619622core:Vehicles2024-01-3114619622core:FurnitureFittings2024-01-3114619622core:OfficeEquipment2024-01-3114619622core:NetGoodwill2024-01-3114619622core:IntangibleAssetsOtherThanGoodwill2024-01-3114619622core:ListedExchangeTraded2024-01-3114619622core:UnlistedNon-exchangeTraded2024-01-3114619622core:LandBuildings2023-01-2514619622core:PlantMachinery2023-01-2514619622core:Vehicles2023-01-2514619622core:FurnitureFittings2023-01-2514619622core:OfficeEquipment2023-01-2514619622core:NetGoodwill2023-01-2514619622core:IntangibleAssetsOtherThanGoodwill2023-01-2514619622core:ListedExchangeTraded2023-01-2514619622core:UnlistedNon-exchangeTraded2023-01-2514619622core:LandBuildings2023-01-262024-01-3114619622core:PlantMachinery2023-01-262024-01-3114619622core:Vehicles2023-01-262024-01-3114619622core:FurnitureFittings2023-01-262024-01-3114619622core:OfficeEquipment2023-01-262024-01-3114619622core:NetGoodwill2023-01-262024-01-3114619622core:IntangibleAssetsOtherThanGoodwill2023-01-262024-01-3114619622core:ListedExchangeTraded2023-01-262024-01-3114619622core:UnlistedNon-exchangeTraded2023-01-262024-01-3114619622core:MoreThanFiveYears2023-01-262024-01-3114619622core:Non-currentFinancialInstruments2024-01-3114619622core:Non-currentFinancialInstruments2023-01-2514619622dpl:CostSales2023-01-262024-01-3114619622dpl:DistributionCosts2023-01-262024-01-3114619622core:LandBuildings2023-01-262024-01-3114619622core:PlantMachinery2023-01-262024-01-3114619622core:Vehicles2023-01-262024-01-3114619622core:FurnitureFittings2023-01-262024-01-3114619622core:OfficeEquipment2023-01-262024-01-3114619622dpl:AdministrativeExpenses2023-01-262024-01-3114619622core:NetGoodwill2023-01-262024-01-3114619622core:IntangibleAssetsOtherThanGoodwill2023-01-262024-01-3114619622dpl:GroupUndertakings2023-01-262024-01-3114619622dpl:ParticipatingInterests2023-01-262024-01-3114619622dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-262024-01-3114619622core:ListedExchangeTraded2023-01-262024-01-3114619622dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-262024-01-3114619622core:UnlistedNon-exchangeTraded2023-01-262024-01-3114619622dpl:CostSales2023-01-252023-01-2514619622dpl:DistributionCosts2023-01-252023-01-2514619622core:LandBuildings2023-01-252023-01-2514619622core:PlantMachinery2023-01-252023-01-2514619622core:Vehicles2023-01-252023-01-2514619622core:FurnitureFittings2023-01-252023-01-2514619622core:OfficeEquipment2023-01-252023-01-2514619622dpl:AdministrativeExpenses2023-01-252023-01-2514619622core:NetGoodwill2023-01-252023-01-2514619622core:IntangibleAssetsOtherThanGoodwill2023-01-252023-01-2514619622dpl:GroupUndertakings2023-01-252023-01-2514619622dpl:ParticipatingInterests2023-01-252023-01-2514619622dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-252023-01-2514619622core:ListedExchangeTraded2023-01-252023-01-2514619622dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-252023-01-2514619622core:UnlistedNon-exchangeTraded2023-01-252023-01-2514619622core:NetGoodwill2024-01-3114619622core:IntangibleAssetsOtherThanGoodwill2024-01-3114619622core:LandBuildings2024-01-3114619622core:PlantMachinery2024-01-3114619622core:Vehicles2024-01-3114619622core:FurnitureFittings2024-01-3114619622core:OfficeEquipment2024-01-3114619622core:AfterOneYear2024-01-3114619622core:WithinOneYear2024-01-3114619622core:ListedExchangeTraded2024-01-3114619622core:UnlistedNon-exchangeTraded2024-01-3114619622core:ShareCapital2024-01-3114619622core:SharePremium2024-01-3114619622core:RevaluationReserve2024-01-3114619622core:OtherReservesSubtotal2024-01-3114619622core:RetainedEarningsAccumulatedLosses2024-01-3114619622core:NetGoodwill2023-01-2514619622core:IntangibleAssetsOtherThanGoodwill2023-01-2514619622core:LandBuildings2023-01-2514619622core:PlantMachinery2023-01-2514619622core:Vehicles2023-01-2514619622core:FurnitureFittings2023-01-2514619622core:OfficeEquipment2023-01-2514619622core:AfterOneYear2023-01-2514619622core:WithinOneYear2023-01-2514619622core:ListedEx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HYDREZEN LTD.

Registered Number
14619622
(England and Wales)

Unaudited Financial Statements for the Period ended
31 January 2024

HYDREZEN LTD.
Company Information
for the period from 26 January 2023 to 31 January 2024

Director

FORRESTER, Andrew

Registered Address

Unit 1 The Sidings
Victoria Avenue Industrial Estate
Swanage
BH19 1AU

Registered Number

14619622 (England and Wales)
HYDREZEN LTD.
Balance Sheet as at
31 January 2024

Notes

2024

£

£

Fixed assets
Intangible assets320,000
Tangible assets41,892
21,892
Current assets
Debtors3,289
Cash at bank and on hand175
3,464
Creditors amounts falling due within one year5(36,056)
Net current assets (liabilities)(32,592)
Total assets less current liabilities(10,700)
Net assets(10,700)
Capital and reserves
Called up share capital100
Profit and loss account(10,800)
Shareholders' funds(10,700)
The financial statements were approved and authorised for issue by the Director on 28 July 2024, and are signed on its behalf by:
FORRESTER, Andrew
Director
Registered Company No. 14619622
HYDREZEN LTD.
Notes to the Financial Statements
for the period ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

2024
Average number of employees during the year1
3.Intangible assets

Other

Total

££
Cost or valuation
Additions20,00020,000
At 31 January 2420,00020,000
Net book value
At 31 January 2420,00020,000
At 25 January 23--
4.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
Additions1,8921,892
At 31 January 241,8921,892
Net book value
At 31 January 241,8921,892
At 25 January 23--
5.Creditors: amounts due within one year

2024

£
Bank borrowings and overdrafts35,656
Accrued liabilities and deferred income400
Total36,056