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Company Registration No. 15852160 (England and Wales)
Hydrogenica Ltd Unaudited accounts for the period from 22 July 2024 to 31 December 2024
Hydrogenica Ltd Unaudited accounts Contents
Page
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Hydrogenica Ltd Company Information for the period from 22 July 2024 to 31 December 2024
Directors
Angel Bozhilov Nikolay Atanasov Renata Bozhilova Malin Ishlyamov Ivo Pocheliev
Company Number
15852160 (England and Wales)
Registered Office
4 East Street Crowland PE6 0EN United Kingdom
Accountants
Nikolay Atanasov, Shubraka Opportunities Limited 43 Berkeley Square 4th floor London W1J 5FJ
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Hydrogenica Ltd Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
1,752,112 
Current assets
Debtors
241 
Cash at bank and in hand
128 
369 
Creditors: amounts falling due within one year
(12,582)
Net current liabilities
(12,213)
Net assets
1,739,899 
Capital and reserves
Called up share capital
10,001 
Share premium
1,790,000 
Profit and loss account
(60,102)
Shareholders' funds
1,739,899 
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by
Nikolay Atanasov Director Company Registration No. 15852160
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Hydrogenica Ltd Notes to the Accounts for the period from 22 July 2024 to 31 December 2024
1
Statutory information
Hydrogenica Ltd is a private company, limited by shares, registered in England and Wales, registration number 15852160. The registered office is 4 East Street, Crowland, PE6 0EN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Recognition and Measurement Intangible assets are initially recognised at cost. Cost includes all directly attributable expenditure necessary to create, produce, and prepare the asset to be capable of operating in the manner intended by management. Subsequent Measurement After initial recognition, intangible assets are carried at cost less accumulated amortisation and any accumulated impairment losses. Amortisation Amortisation is provided on a straight-line basis to allocate the cost of each asset (less any residual value) over its estimated useful life. The estimated useful lives for the current and comparative periods are as follows: Patents : the remaining life of the patent Website: 3 years Amortisation methods, useful lives, and residual values are reviewed at each reporting date and adjusted if appropriate. Impairment Intangible assets are assessed for indicators of impairment at each reporting date. If an indication of impairment exists, the asset’s recoverable amount is estimated. Where the carrying amount of an intangible asset exceeds its recoverable amount, an impairment loss is recognised in profit or loss.
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Hydrogenica Ltd Notes to the Accounts for the period from 22 July 2024 to 31 December 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 22 July 2024
- 
Additions
1,812,112 
At 31 December 2024
1,812,112 
Amortisation
At 22 July 2024
- 
Charge for the period
60,000 
At 31 December 2024
60,000 
Net book value
At 31 December 2024
1,752,112 
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
240 
Other debtors
1 
241 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
10,884 
Amounts owed to group undertakings and other participating interests
1,698 
12,582 
7
Average number of employees
During the period the average number of employees was 0.
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