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REGISTERED NUMBER: 06930187 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Hydraulic Analysis Limited

Hydraulic Analysis Limited (Registered number: 06930187)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

Hydraulic Analysis Limited

Company Information
for the year ended 30 September 2023







DIRECTORS: A E Keech
E M Mullins
G Addicott
Mrs A P Dickson
D L Grumley
T P Lobb
W T Rayner





REGISTERED OFFICE: Mill House
Hawksworth Road
Horsforth
Leeds
West Yorkshire
LS18 4JP





REGISTERED NUMBER: 06930187 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

Hydraulic Analysis Limited (Registered number: 06930187)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,404 16,127

CURRENT ASSETS
Stocks 106,314 121,930
Debtors 5 1,093,982 1,163,107
Cash at bank and in hand 73,263 140,862
1,273,559 1,425,899
CREDITORS
Amounts falling due within one year 6 678,789 870,669
NET CURRENT ASSETS 594,770 555,230
TOTAL ASSETS LESS CURRENT
LIABILITIES

634,174

571,357

CREDITORS
Amounts falling due after more than one
year

7

(24,167

)

(34,167

)

PROVISIONS FOR LIABILITIES (9,487 ) (3,588 )
NET ASSETS 600,520 533,602

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 600,420 533,502
SHAREHOLDERS' FUNDS 600,520 533,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





E M Mullins - Director


Hydraulic Analysis Limited (Registered number: 06930187)

Notes to the Financial Statements
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Hydraulic Analysis Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of pipeline surge analysis, excluding value added tax, and are recognised when the company receives the right to receive the consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on cost
Fixtures and fittings - 12.5% on cost

Stock and work in progress
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress is valued at the lower of cost and net realisable value. Cost comprises direct labour plus attributable overheads. Net realisable value is based on estimated selling price less all further costs to completion and all relevant marketing, selling and distribution costs.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hydraulic Analysis Limited (Registered number: 06930187)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2022 - 33 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
Equipment fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2022 146,376 37,452 351 184,179
Additions 36,840 455 - 37,295
At 30 September 2023 183,216 37,907 351 221,474
DEPRECIATION
At 1 October 2022 130,657 37,044 351 168,052
Charge for year 13,880 138 - 14,018
At 30 September 2023 144,537 37,182 351 182,070
NET BOOK VALUE
At 30 September 2023 38,679 725 - 39,404
At 30 September 2022 15,719 408 - 16,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 660,226 757,849
Other debtors 433,756 405,258
1,093,982 1,163,107

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 46,770 9,999
Trade creditors 53,655 58,795
Taxation and social security 187,305 206,745
Other creditors 391,059 595,130
678,789 870,669

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans 24,167 34,167

Hydraulic Analysis Limited (Registered number: 06930187)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

8. FINANCIAL COMMITMENTS

The total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £6,024 (2022 - £33,632).

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £143,376 (2022 - £68,726 creditor) by group undertakings in respect of net interest free loans.

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Hydraulic Analysis Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hydraulic Analysis Limited for the year ended 30 September 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Hydraulic Analysis Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hydraulic Analysis Limited and state those matters that we have agreed to state to the Board of Directors of Hydraulic Analysis Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hydraulic Analysis Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hydraulic Analysis Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hydraulic Analysis Limited. You consider that Hydraulic Analysis Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hydraulic Analysis Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


25 September 2024