Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312022-12-16falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14545635 2022-12-15 14545635 2022-12-16 2023-12-31 14545635 2020-12-17 2022-12-15 14545635 2023-12-31 14545635 c:Director1 2022-12-16 2023-12-31 14545635 d:Buildings 2022-12-16 2023-12-31 14545635 d:Buildings 2023-12-31 14545635 d:Buildings d:OwnedOrFreeholdAssets 2022-12-16 2023-12-31 14545635 d:Buildings d:LeasedAssetsHeldAsLessee 2022-12-16 2023-12-31 14545635 d:MotorVehicles 2022-12-16 2023-12-31 14545635 d:MotorVehicles 2023-12-31 14545635 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-16 2023-12-31 14545635 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-12-16 2023-12-31 14545635 d:OwnedOrFreeholdAssets 2022-12-16 2023-12-31 14545635 d:LeasedAssetsHeldAsLessee 2022-12-16 2023-12-31 14545635 d:CurrentFinancialInstruments 2023-12-31 14545635 d:CurrentFinancialInstruments 1 2023-12-31 14545635 d:Non-currentFinancialInstruments 2023-12-31 14545635 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14545635 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14545635 d:ShareCapital 2023-12-31 14545635 d:RetainedEarningsAccumulatedLosses 2023-12-31 14545635 c:OrdinaryShareClass1 2022-12-16 2023-12-31 14545635 c:OrdinaryShareClass1 2023-12-31 14545635 c:FRS102 2022-12-16 2023-12-31 14545635 c:AuditExempt-NoAccountantsReport 2022-12-16 2023-12-31 14545635 c:FullAccounts 2022-12-16 2023-12-31 14545635 c:PrivateLimitedCompanyLtd 2022-12-16 2023-12-31 14545635 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 14545635 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 14545635 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-12-31 14545635 f:PoundSterling 2022-12-16 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14545635









HYDROUS ENVIRONMENTAL GROUP LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
HYDROUS ENVIRONMENTAL GROUP LTD
REGISTERED NUMBER: 14545635

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
16,147

  
16,147

Current assets
  

Debtors: amounts falling due after more than one year
 5 
943

Debtors: amounts falling due within one year
 5 
14,480

Cash at bank and in hand
  
11,162

  
26,585

Creditors: amounts falling due within one year
 6 
(32,222)

Net current (liabilities)/assets
  
 
 
(5,637)

Total assets less current liabilities
  
10,510

Creditors: amounts falling due after more than one year
 7 
(10,249)

  

Net assets
  
261


Capital and reserves
  

Called up share capital 
 9 
1

Profit and loss account
  
260

  
261


Page 1

 
HYDROUS ENVIRONMENTAL GROUP LTD
REGISTERED NUMBER: 14545635
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 September 2024.




W Brown
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HYDROUS ENVIRONMENTAL GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

The company is a private limited company, which is incorporated and registered in England (registration number: 14545635). The address of the registered office is 86-90 Paul Street, London, EC2A 4NE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. Based on her assessment of known and anticipated economic changes, the director believes that the company has sufficient resources to be able to continue to trade for the foreseeable future.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
HYDROUS ENVIRONMENTAL GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 4

 
HYDROUS ENVIRONMENTAL GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
10%
straight line basis
Motor vehicles
-
25%
straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 5

 
HYDROUS ENVIRONMENTAL GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Freehold property
Motor vehicles
Total

£
£
£



Cost or valuation


Additions
1,183
20,109
21,292



At 31 December 2023

1,183
20,109
21,292



Depreciation


Charge for the period on owned assets
118
-
118


Charge for the period on financed assets
-
5,027
5,027



At 31 December 2023

118
5,027
5,145



Net book value



At 31 December 2023
1,065
15,082
16,147

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
£



Motor vehicles
15,082

Page 6

 
HYDROUS ENVIRONMENTAL GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


Debtors

2023
£

Due after more than one year

Deferred tax asset
943


2023
£

Due within one year

Trade debtors
14,147

Prepayments and accrued income
333

14,480



6.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
11,031

Other taxation and social security
10,543

Obligations under finance lease and hire purchase contracts
4,000

Proceeds of factored debts
754

Other creditors
4,394

Accruals and deferred income
1,500

32,222



7.


Creditors: Amounts falling due after more than one year

2023
£

Net obligations under finance leases and hire purchase contracts
10,249


Page 7

 
HYDROUS ENVIRONMENTAL GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
£


Within one year
4,000

Between 1-5 years
10,249

14,249


9.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


During the year 1 ordinary £1 share was issued at par value.


10.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £655. Contributions totalling £1,529 were payable to the fund at the balance sheet date and are included in creditors.

 
Page 8