2022-11-012023-10-312023-10-31false10450073HPS NEWCO LIMITED2024-07-31iso4217:GBPxbrli:pure104500732022-11-01104500732023-10-31104500732022-11-012023-10-31104500732021-11-01104500732022-10-31104500732021-11-012022-10-3110450073bus:SmallEntities2022-11-012023-10-3110450073bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3110450073bus:FullAccounts2022-11-012023-10-3110450073bus:PrivateLimitedCompanyLtd2022-11-012023-10-3110450073core:WithinOneYear2023-10-3110450073core:AfterOneYear2023-10-3110450073core:WithinOneYear2022-10-3110450073core:AfterOneYear2022-10-3110450073core:ShareCapital2023-10-3110450073core:SharePremium2023-10-3110450073core:RevaluationReserve2023-10-3110450073core:OtherReservesSubtotal2023-10-3110450073core:RetainedEarningsAccumulatedLosses2023-10-3110450073core:ShareCapital2022-10-3110450073core:SharePremium2022-10-3110450073core:RevaluationReserve2022-10-3110450073core:OtherReservesSubtotal2022-10-3110450073core:RetainedEarningsAccumulatedLosses2022-10-3110450073core:LandBuildings2023-10-3110450073core:PlantMachinery2023-10-3110450073core:Vehicles2023-10-3110450073core:FurnitureFittings2023-10-3110450073core:OfficeEquipment2023-10-3110450073core:NetGoodwill2023-10-3110450073core:IntangibleAssetsOtherThanGoodwill2023-10-3110450073core:ListedExchangeTraded2023-10-3110450073core:UnlistedNon-exchangeTraded2023-10-3110450073core:LandBuildings2022-10-3110450073core:PlantMachinery2022-10-3110450073core:Vehicles2022-10-3110450073core:FurnitureFittings2022-10-3110450073core:OfficeEquipment2022-10-3110450073core:NetGoodwill2022-10-3110450073core:IntangibleAssetsOtherThanGoodwill2022-10-3110450073core:ListedExchangeTraded2022-10-3110450073core:UnlistedNon-exchangeTraded2022-10-3110450073core:LandBuildings2022-11-012023-10-3110450073core:PlantMachinery2022-11-012023-10-3110450073core:Vehicles2022-11-012023-10-3110450073core:FurnitureFittings2022-11-012023-10-3110450073core:OfficeEquipment2022-11-012023-10-3110450073core:NetGoodwill2022-11-012023-10-3110450073core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3110450073core:ListedExchangeTraded2022-11-012023-10-3110450073core:UnlistedNon-exchangeTraded2022-11-012023-10-3110450073core:MoreThanFiveYears2022-11-012023-10-3110450073core:Non-currentFinancialInstruments2023-10-3110450073core:Non-currentFinancialInstruments2022-10-3110450073dpl:CostSales2022-11-012023-10-3110450073dpl:DistributionCosts2022-11-012023-10-3110450073core:LandBuildings2022-11-012023-10-3110450073core:PlantMachinery2022-11-012023-10-3110450073core:Vehicles2022-11-012023-10-3110450073core:FurnitureFittings2022-11-012023-10-3110450073core:OfficeEquipment2022-11-012023-10-3110450073dpl:AdministrativeExpenses2022-11-012023-10-3110450073core:NetGoodwill2022-11-012023-10-3110450073core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3110450073dpl:GroupUndertakings2022-11-012023-10-3110450073dpl:ParticipatingInterests2022-11-012023-10-3110450073dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3110450073core:ListedExchangeTraded2022-11-012023-10-3110450073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3110450073core:UnlistedNon-exchangeTraded2022-11-012023-10-3110450073dpl:CostSales2021-11-012022-10-3110450073dpl:DistributionCosts2021-11-012022-10-3110450073core:LandBuildings2021-11-012022-10-3110450073core:PlantMachinery2021-11-012022-10-3110450073core:Vehicles2021-11-012022-10-3110450073core:FurnitureFittings2021-11-012022-10-3110450073core:OfficeEquipment2021-11-012022-10-3110450073dpl:AdministrativeExpenses2021-11-012022-10-3110450073core:NetGoodwill2021-11-012022-10-3110450073core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3110450073dpl:GroupUndertakings2021-11-012022-10-3110450073dpl:ParticipatingInterests2021-11-012022-10-3110450073dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3110450073core:ListedExchangeTraded2021-11-012022-10-3110450073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3110450073core:UnlistedNon-exchangeTraded2021-11-012022-10-3110450073core:NetGoodwill2023-10-3110450073core:IntangibleAssetsOtherThanGoodwill2023-10-3110450073core:LandBuildings2023-10-3110450073core:PlantMachinery2023-10-3110450073core:Vehicles2023-10-3110450073core:FurnitureFittings2023-10-3110450073core:OfficeEquipment2023-10-3110450073core:AfterOneYear2023-10-3110450073core:WithinOneYear2023-10-3110450073core:ListedExchangeTraded2023-10-3110450073core:UnlistedNon-exchangeTraded2023-10-3110450073core:ShareCapital2023-10-3110450073core:SharePremium2023-10-3110450073core:RevaluationReserve2023-10-3110450073core:OtherReservesSubtotal2023-10-3110450073core:RetainedEarningsAccumulatedLosses2023-10-3110450073core:NetGoodwill2022-10-3110450073core:IntangibleAssetsOtherThanGoodwill2022-10-3110450073core:LandBuildings2022-10-3110450073core:PlantMachinery2022-10-3110450073core:Vehicles2022-10-3110450073core:FurnitureFittings2022-10-3110450073core:OfficeEquipment2022-10-3110450073core:AfterOneYear2022-10-3110450073core:WithinOneYear2022-10-3110450073core:ListedExch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HPS NEWCO LIMITED

Registered Number
10450073
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

HPS NEWCO LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

SHEIL, Humphrey

Registered Address

71a Cowbridge Road East
Cardiff
CF11 9AF

Registered Number

10450073 (England and Wales)
HPS NEWCO LIMITED
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets37,80315,106
7,80315,106
Current assets
Debtors14,212-
Cash at bank and on hand175,496190,880
189,708190,880
Creditors amounts falling due within one year4(15,370)(48,017)
Net current assets (liabilities)174,338142,863
Total assets less current liabilities182,141157,969
Net assets182,141157,969
Capital and reserves
Called up share capital11
Profit and loss account182,140157,968
Shareholders' funds182,141157,969
The financial statements were approved and authorised for issue by the Director on 31 July 2024, and are signed on its behalf by:
SHEIL, Humphrey
Director
Registered Company No. 10450073
HPS NEWCO LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
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.
Research and development
Research and development costs are charged against revenue in the period to which they relate.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Vehicles4
Office Equipment4
2.Average number of employees

20232022
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 November 222,41625,4903,50131,407
At 31 October 232,41625,4903,50131,407
Depreciation and impairment
At 01 November 221,54311,6833,07516,301
Charge for year8056,3721267,303
At 31 October 232,34818,0553,20123,604
Net book value
At 31 October 23687,4353007,803
At 31 October 2287313,80742615,106
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables120120
Taxation and social security15,25046,712
Other creditors-1,185
Total15,37048,017
Included in other creditors is amount of £0 (2022: £1,185) which is due to director.