IRIS Accounts Production v25.1.0.734 07340389 Board of Directors 1.9.23 31.8.24 31.8.24 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073403892023-08-31073403892024-08-31073403892023-09-012024-08-31073403892022-08-31073403892022-09-012023-08-31073403892023-08-3107340389ns15:EnglandWales2023-09-012024-08-3107340389ns14:PoundSterling2023-09-012024-08-3107340389ns10:Director12023-09-012024-08-3107340389ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3107340389ns10:SmallEntities2023-09-012024-08-3107340389ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3107340389ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3107340389ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3107340389ns10:FullAccounts2023-09-012024-08-3107340389ns10:OrdinaryShareClass12023-09-012024-08-3107340389ns10:Director22023-09-012024-08-3107340389ns10:CompanySecretary12023-09-012024-08-3107340389ns10:RegisteredOffice2023-09-012024-08-3107340389ns5:CurrentFinancialInstruments2024-08-3107340389ns5:CurrentFinancialInstruments2023-08-3107340389ns5:ShareCapital2024-08-3107340389ns5:ShareCapital2023-08-3107340389ns5:RetainedEarningsAccumulatedLosses2024-08-3107340389ns5:RetainedEarningsAccumulatedLosses2023-08-310734038912023-09-012024-08-3107340389ns5:ComputerEquipment2023-09-012024-08-3107340389ns5:ComputerEquipment2023-08-3107340389ns5:ComputerEquipment2024-08-3107340389ns5:ComputerEquipment2023-08-3107340389ns5:CostValuation2023-08-3107340389ns5:AdditionsToInvestments2024-08-3107340389ns5:DisposalsRepaymentsInvestments2024-08-3107340389ns5:RevaluationsIncreaseDecreaseInInvestments2024-08-3107340389ns5:CostValuation2024-08-3107340389ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3107340389ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3107340389ns10:OrdinaryShareClass12024-08-31
REGISTERED NUMBER: 07340389 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Hyperbaric & Tunnel Safety Limited

Hyperbaric & Tunnel Safety Limited (Registered number: 07340389)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hyperbaric & Tunnel Safety Limited

Company Information
for the year ended 31 August 2024







DIRECTORS: Dr D R Lamont
Mrs A M Lamont





SECRETARY: Mrs A M Lamont





REGISTERED OFFICE: 13a Duke Street
Southport
Merseyside
PR8 1LS





REGISTERED NUMBER: 07340389 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
13a Duke Street
Southport
Merseyside
PR8 1LS

Hyperbaric & Tunnel Safety Limited (Registered number: 07340389)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £ £
FIXED ASSETS
Tangible assets 4 173 258
Investments 5 587,897 528,498
588,070 528,756

CURRENT ASSETS
Debtors 6 1,990 13,659
Cash at bank 275,328 196,824
277,318 210,483
CREDITORS
Amounts falling due within one year 7 (131,725 ) (105,379 )
NET CURRENT ASSETS 145,593 105,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

733,663

633,860

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 732,663 632,860
SHAREHOLDERS' FUNDS 733,663 633,860

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by:





Dr D R Lamont - Director


Hyperbaric & Tunnel Safety Limited (Registered number: 07340389)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Hyperbaric & Tunnel Safety 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty
There were no critical accounting judgements or areas of uncertainty involved in preparation of the financial statements.

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 - 33% on reducing balance

Fixed asset investments
Fixed assets include listed investments stated at market value. The increase (decrease) in value over the original cost is include in the profit (loss) for the year and then transferred to the fair value reserve.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 September 2023
and 31 August 2024 3,687
DEPRECIATION
At 1 September 2023 3,429
Charge for year 85
At 31 August 2024 3,514
NET BOOK VALUE
At 31 August 2024 173
At 31 August 2023 258

Hyperbaric & Tunnel Safety Limited (Registered number: 07340389)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST OR VALUATION
At 1 September 2023 528,498
Additions 21,696
Disposals (5,300 )
Revaluations 43,003
At 31 August 2024 587,897
NET BOOK VALUE
At 31 August 2024 587,897
At 31 August 2023 528,498

Cost or valuation at 31 August 2024 is represented by:

Other
investments
£
Valuation in 2018 4,228
Valuation in 2019 1,800
Valuation in 2020 16,385
Valuation in 2021 51,886
Valuation in 2022 (91,983 )
Valuation in 2023 (19,241 )
Valuation in 2024 43,003
Cost 581,819
587,897

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Trade debtors 1,990 13,659

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Taxation and social security 10,906 2,144
Other creditors 120,819 103,235
131,725 105,379

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £ £
1,000 Ordinary £1 1,000 1,000