IRIS Accounts Production v25.1.0.734 06660900 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066609002023-07-31066609002024-07-31066609002023-08-012024-07-31066609002022-07-31066609002022-08-012023-07-31066609002023-07-3106660900ns15:EnglandWales2023-08-012024-07-3106660900ns14:PoundSterling2023-08-012024-07-3106660900ns10:Director12023-08-012024-07-3106660900ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106660900ns10:SmallEntities2023-08-012024-07-3106660900ns10:AuditExemptWithAccountantsReport2023-08-012024-07-3106660900ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106660900ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106660900ns10:FullAccounts2023-08-012024-07-3106660900ns10:Director22023-08-012024-07-3106660900ns10:RegisteredOffice2023-08-012024-07-3106660900ns5:CurrentFinancialInstruments2024-07-3106660900ns5:CurrentFinancialInstruments2023-07-3106660900ns5:ShareCapital2024-07-3106660900ns5:ShareCapital2023-07-3106660900ns5:FurtherSpecificReserve1ComponentTotalEquity2024-07-3106660900ns5:FurtherSpecificReserve1ComponentTotalEquity2023-07-3106660900ns5:RetainedEarningsAccumulatedLosses2024-07-3106660900ns5:RetainedEarningsAccumulatedLosses2023-07-3106660900ns5:ComputerEquipment2023-08-012024-07-3106660900ns5:ComputerEquipment2023-07-3106660900ns5:ComputerEquipment2024-07-3106660900ns5:ComputerEquipment2023-07-3106660900ns5:CostValuation2023-07-3106660900ns5:AdditionsToInvestments2024-07-3106660900ns5:DisposalsRepaymentsInvestments2024-07-3106660900ns5:CostValuation2024-07-3106660900ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3106660900ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 06660900 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

HYDE HOUSE LTD

HYDE HOUSE LTD (REGISTERED NUMBER: 06660900)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

HYDE HOUSE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Ms J Hauptman
R M Searle





REGISTERED OFFICE: 289 Lower High Street
WATFORD
Hertfordshire
WD17 2HY





REGISTERED NUMBER: 06660900 (England and Wales)





ACCOUNTANTS: Xeinadin Swiss Cottage Limited
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH

HYDE HOUSE LTD (REGISTERED NUMBER: 06660900)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 243 657
Investments 5 - 27,525
243 28,182

CURRENT ASSETS
Stocks 7,780 7,217
Debtors 6 159,964 64,343
Cash at bank 73,594 132,729
241,338 204,289
CREDITORS
Amounts falling due within one year 7 211,157 162,163
NET CURRENT ASSETS 30,181 42,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,424

70,308

PROVISIONS FOR LIABILITIES - 41
NET ASSETS 30,424 70,267

CAPITAL AND RESERVES
Called up share capital 100 100
Non-distributable
fair value reserve - 123
Retained earnings 30,324 70,044
30,424 70,267

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

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

HYDE HOUSE LTD (REGISTERED NUMBER: 06660900)

BALANCE SHEET - continued
31 JULY 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





R M Searle - Director


HYDE HOUSE LTD (REGISTERED NUMBER: 06660900)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Hyde House Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors and loans from banks.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

Cash and cash equivalents
Cash includes cash in hand, deposits held with banks. Cash equivalents are highly liquid investments that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Basic financial liabilities, including trade and other creditor, are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less impairment.


HYDE HOUSE LTD (REGISTERED NUMBER: 06660900)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023
and 31 July 2024 1,975
DEPRECIATION
At 1 August 2023 1,318
Charge for year 414
At 31 July 2024 1,732
NET BOOK VALUE
At 31 July 2024 243
At 31 July 2023 657

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 August 2023 27,525
Additions 10,518
Disposals (38,043 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 27,525

Fixed asset investments are listed investments carried at their fair value at the year end. Fair value gains or losses are recognised in the profit and loss account.

HYDE HOUSE LTD (REGISTERED NUMBER: 06660900)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,821 51,416
Other debtors 155,143 12,927
159,964 64,343

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Customer payments on account 134,727 87,154
Trade creditors 4,341 2,764
Taxation and social security 27,903 41,331
Other creditors 44,186 30,914
211,157 162,163

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HYDE HOUSE LTD


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 Hyde House Ltd for the year ended 31 July 2024 which comprise the Profit and Loss Account, 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 Hyde House Ltd, 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 Hyde House Ltd and state those matters that we have agreed to state to the Board of Directors of Hyde House Ltd, 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 Hyde House Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hyde House Ltd 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 loss of Hyde House Ltd. You consider that Hyde House Ltd 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 Hyde House Ltd. 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.






Xeinadin Swiss Cottage Limited
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH


29 April 2025