2023-03-012024-02-292024-02-29false13374799HIDSTECH LTD2024-10-1562012iso4217:GBPxbrli:pure133747992023-03-01133747992024-02-29133747992023-03-012024-02-29133747992022-03-01133747992023-02-28133747992022-03-012023-02-2813374799bus:SmallEntities2023-03-012024-02-2913374799bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2913374799bus:AbridgedAccounts2023-03-012024-02-2913374799bus:PrivateLimitedCompanyLtd2023-03-012024-02-2913374799core:WithinOneYear2024-02-2913374799core:AfterOneYear2024-02-2913374799core:WithinOneYear2023-02-2813374799core:AfterOneYear2023-02-2813374799core:ShareCapital2024-02-2913374799core:SharePremium2024-02-2913374799core:RevaluationReserve2024-02-2913374799core:OtherReservesSubtotal2024-02-2913374799core:RetainedEarningsAccumulatedLosses2024-02-2913374799core:ShareCapital2023-02-2813374799core:SharePremium2023-02-2813374799core:RevaluationReserve2023-02-2813374799core:OtherReservesSubtotal2023-02-2813374799core:RetainedEarningsAccumulatedLosses2023-02-2813374799core:LandBuildings2024-02-2913374799core:PlantMachinery2024-02-2913374799core:Vehicles2024-02-2913374799core:FurnitureFittings2024-02-2913374799core:OfficeEquipment2024-02-2913374799core:NetGoodwill2024-02-2913374799core:IntangibleAssetsOtherThanGoodwill2024-02-2913374799core:ListedExchangeTraded2024-02-2913374799core:UnlistedNon-exchangeTraded2024-02-2913374799core:LandBuildings2023-02-2813374799core:PlantMachinery2023-02-2813374799core:Vehicles2023-02-2813374799core:FurnitureFittings2023-02-2813374799core:OfficeEquipment2023-02-2813374799core:NetGoodwill2023-02-2813374799core:IntangibleAssetsOtherThanGoodwill2023-02-2813374799core:ListedExchangeTraded2023-02-2813374799core:UnlistedNon-exchangeTraded2023-02-2813374799core:LandBuildings2023-03-012024-02-2913374799core:PlantMachinery2023-03-012024-02-2913374799core:Vehicles2023-03-012024-02-2913374799core:FurnitureFittings2023-03-012024-02-2913374799core:OfficeEquipment2023-03-012024-02-2913374799core:NetGoodwill2023-03-012024-02-2913374799core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913374799core:ListedExchangeTraded2023-03-012024-02-2913374799core:UnlistedNon-exchangeTraded2023-03-012024-02-2913374799core:MoreThanFiveYears2023-03-012024-02-2913374799core:Non-currentFinancialInstruments2024-02-2913374799core:Non-currentFinancialInstruments2023-02-2813374799dpl:CostSales2023-03-012024-02-2913374799dpl:DistributionCosts2023-03-012024-02-2913374799core:LandBuildings2023-03-012024-02-2913374799core:PlantMachinery2023-03-012024-02-2913374799core:Vehicles2023-03-012024-02-2913374799core:FurnitureFittings2023-03-012024-02-2913374799core:OfficeEquipment2023-03-012024-02-2913374799dpl:AdministrativeExpenses2023-03-012024-02-2913374799core:NetGoodwill2023-03-012024-02-2913374799core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2913374799dpl:GroupUndertakings2023-03-012024-02-2913374799dpl:ParticipatingInterests2023-03-012024-02-2913374799dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2913374799core:ListedExchangeTraded2023-03-012024-02-2913374799dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2913374799core:UnlistedNon-exchangeTraded2023-03-012024-02-2913374799dpl:CostSales2022-03-012023-02-2813374799dpl:DistributionCosts2022-03-012023-02-2813374799core:LandBuildings2022-03-012023-02-2813374799core:PlantMachinery2022-03-012023-02-2813374799core:Vehicles2022-03-012023-02-2813374799core:FurnitureFittings2022-03-012023-02-2813374799core:OfficeEquipment2022-03-012023-02-2813374799dpl:AdministrativeExpenses2022-03-012023-02-2813374799core:NetGoodwill2022-03-012023-02-2813374799core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2813374799dpl:GroupUndertakings2022-03-012023-02-2813374799dpl:ParticipatingInterests2022-03-012023-02-2813374799dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2813374799core:ListedExchangeTraded2022-03-012023-02-2813374799dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2813374799core:UnlistedNon-exchangeTraded2022-03-012023-02-2813374799core:NetGoodwill2024-02-2913374799core:IntangibleAssetsOtherThanGoodwill2024-02-2913374799core:LandBuildings2024-02-2913374799core:PlantMachinery2024-02-2913374799core:Vehicles2024-02-2913374799core:FurnitureFittings2024-02-2913374799core:OfficeEquipment2024-02-2913374799core:AfterOneYear2024-02-2913374799core:WithinOneYear2024-02-2913374799core:ListedExchangeTraded2024-02-2913374799core:UnlistedNon-exchangeTraded2024-02-2913374799core:ShareCapital2024-02-2913374799core:SharePremium2024-02-2913374799core:RevaluationReserve2024-02-2913374799core:OtherReservesSubtotal2024-02-2913374799core:RetainedEarningsAccumulatedLosses2024-02-2913374799core:NetGoodwill2023-02-2813374799core:IntangibleAssetsOtherThanGoodwill2023-02-2813374799core:LandBuildings2023-02-2813374799core:PlantMachinery2023-02-2813374799core:Vehicles2023-02-2813374799core:FurnitureFittings2023-02-2813374799core:OfficeEquipment2023-02-2813374799core:AfterOneYear2023-02-2813374799core:WithinOneYear2023-02-2813374799core:Liste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HIDSTECH LTD

Registered Number
13374799
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

HIDSTECH LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

DEMIREL, Halil Ibrahim

Registered Address

Office 1112 182-184 High Street
North, East Ham
London
E6 2JA

Registered Number

13374799 (England and Wales)
HIDSTECH LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets32,254-
2,254-
Current assets
Debtors23,49018,000
Cash at bank and on hand55,39820,394
78,88838,394
Creditors amounts falling due within one year(35,169)(13,592)
Net current assets (liabilities)43,71924,802
Total assets less current liabilities45,97324,802
Net assets45,97324,802
Capital and reserves
Called up share capital100100
Profit and loss account45,87324,702
Shareholders' funds45,97324,802
The financial statements were approved and authorised for issue by the Director on 15 October 2024, and are signed on its behalf by:
DEMIREL, Halil Ibrahim
Director
Registered Company No. 13374799
HIDSTECH LTD
Notes to the Financial Statements
for the year ended 29 February 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.
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:

Straight line (years)
Office Equipment5
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
Additions2,653
At 29 February 242,653
Depreciation and impairment
Charge for year399
At 29 February 24399
Net book value
At 29 February 242,254
At 28 February 23-