Company Registration No. 12596465 (England and Wales)
HYSERVE LIMITED
Unaudited accounts
for the year ended 31 May 2024
HYSERVE LIMITED
Unaudited accounts
Contents
HYSERVE LIMITED
Company Information
for the year ended 31 May 2024
Directors
Jerome Dardillac
Marina Dardillac
Company Number
12596465 (England and Wales)
Registered Office
Unit 6, Station Lane Station Lane
Birtley
Birtley
DH3 1DQ
England
Accountants
Abacus Jack Ltd
New Century House
Crowther Road
Washington
Tyne and Wear
NE38 0QA
HYSERVE LIMITED
Statement of financial position
as at 31 May 2024
Intangible assets
8,923
10,038
Tangible assets
144,020
176,947
Inventories
117,425
28,136
Cash at bank and in hand
127,589
(20,035)
Creditors: amounts falling due within one year
(648,640)
(421,257)
Net current assets
197,741
116,777
Total assets less current liabilities
350,684
303,762
Creditors: amounts falling due after more than one year
(110,422)
(75,755)
Provisions for liabilities
Deferred tax
(26,233)
(27,073)
Net assets
214,029
200,934
Called up share capital
100
100
Profit and loss account
213,929
200,834
Shareholders' funds
214,029
200,934
For the year ending 31 May 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 11 February 2025 and were signed on its behalf by
Jerome Dardillac
Director
Company Registration No. 12596465
HYSERVE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
HYSERVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12596465. The registered office is Unit 6, Station Lane Station Lane, Birtley, Birtley, DH3 1DQ, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Intangible fixed assets includes software development R&D.
The intangible fixed assets are amortized over 10 years.
4
Intangible fixed assets
Other
HYSERVE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
125,554
111,477
237,031
At 31 May 2024
134,601
111,477
246,078
At 1 June 2023
29,930
30,154
60,084
Charge for the year
19,464
22,510
41,974
At 31 May 2024
49,394
52,664
102,058
At 31 May 2024
85,207
58,813
144,020
At 31 May 2023
95,624
81,323
176,947
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
58,813
81,323
Amounts falling due within one year
Trade debtors
554,916
466,976
Accrued income and prepayments
26,415
59,931
Other debtors
20,036
3,026
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,477
-
Obligations under finance leases and hire purchase contracts
17,508
17,059
Trade creditors
445,114
240,590
Taxes and social security
40,309
43,643
Loans from directors
20,665
13,317
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
54,804
75,755
HYSERVE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
9
Average number of employees
During the year the average number of employees was 20 (2023: 20).