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REGISTERED NUMBER: 12582525 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 March 2024

for

Pico-Stream Limited

Pico-Stream Limited (Registered number: 12582525)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pico-Stream Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: H L Reily-Collins
E M Reily-Collins





REGISTERED OFFICE: 5B Queen Street
Dorchester on Thames
Wallingford
OX10 7HR





REGISTERED NUMBER: 12582525 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Pico-Stream Limited (Registered number: 12582525)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 2,089 24,070
Cash at bank 18,806 -
20,895 24,070
CREDITORS
Amounts falling due within one
year

5

1,400

120,922
NET CURRENT ASSETS/(LIABILITIES) 19,495 (96,852 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,495

(96,852

)

CREDITORS
Amounts falling due after more
than one year

6

118,038

-
NET LIABILITIES (98,543 ) (96,852 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (98,544 ) (96,853 )
SHAREHOLDERS' FUNDS (98,543 ) (96,852 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Pico-Stream Limited (Registered number: 12582525)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:





H L Reily-Collins - Director


Pico-Stream Limited (Registered number: 12582525)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Pico-Stream 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Going concern
The balance sheet is insolvent. The company is reliant upon the continued support of its parent company and they have indicated that this support will be forthcoming. As a result of this, the accounts have been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 2,089 24,070

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to group undertakings - 111,828
Amounts owed to associates - 6,000
Other creditors 1,400 3,094
1,400 120,922

Pico-Stream Limited (Registered number: 12582525)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed to group undertakings 118,038 -

7. RELATED PARTY DISCLOSURES

As at the financial year end date the company owed Fish Friendly Hydropower Company Limited £118,038 (2023 - £111,828). Fish Friendly Hydropower Company Limited wholly own the company.

As at the 31 March 2024, the company owed the director nil (2023: £799).

8. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of The Fish Friendly Hydropower Company Limited. The Fish Friendly Hydropower Company Limited is under the control of Mr H L Reily-Collins and is considered to be the ultimate controlling party of the company.