H2O Solutions Europe LLP OC338620 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Chlorine Dioxide Consultants. Digita Accounts Production Advanced 6.30.9574.0 true OC338620 2024-04-01 2025-03-31 OC338620 2025-03-31 OC338620 core:CurrentFinancialInstruments 2025-03-31 OC338620 core:Non-currentFinancialInstruments 2025-03-31 OC338620 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 OC338620 core:WithinOneYear 2025-03-31 OC338620 core:MotorVehicles 2025-03-31 OC338620 core:OfficeEquipment 2025-03-31 OC338620 bus:SmallEntities 2024-04-01 2025-03-31 OC338620 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC338620 bus:FilletedAccounts 2024-04-01 2025-03-31 OC338620 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC338620 bus:PartnerLLP4 2024-04-01 2025-03-31 OC338620 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC338620 core:ComputerEquipment 2024-04-01 2025-03-31 OC338620 core:MotorVehicles 2024-04-01 2025-03-31 OC338620 core:OfficeEquipment 2024-04-01 2025-03-31 OC338620 core:PlantMachinery 2024-04-01 2025-03-31 OC338620 countries:AllCountries 2024-04-01 2025-03-31 OC338620 2024-03-31 OC338620 core:MotorVehicles 2024-03-31 OC338620 core:OfficeEquipment 2024-03-31 OC338620 2023-04-01 2024-03-31 OC338620 2024-03-31 OC338620 core:CurrentFinancialInstruments 2024-03-31 OC338620 core:Non-currentFinancialInstruments 2024-03-31 OC338620 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 OC338620 core:WithinOneYear 2024-03-31 OC338620 core:MotorVehicles 2024-03-31 OC338620 core:OfficeEquipment 2024-03-31 iso4217:GBP xbrli:pure

Registration number: OC338620

H2O Solutions Europe LLP

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

H2O Solutions Europe LLP

Contents

Financial Statements

1 to 5

Balance Sheet

1

Notes to the Financial Statements

3

 

H2O Solutions Europe LLP

(Registration number: OC338620)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

3

1,750

86,387

Current assets

 

Stocks

4

-

1,300

Debtors

5

23,292

34,850

Cash and short-term deposits

 

103,539

87,376

 

126,831

123,526

Creditors: Amounts falling due within one year

6

(19,758)

(203,884)

Net current assets/(liabilities)

 

107,073

(80,358)

Total assets less current liabilities

 

108,823

6,029

Creditors: Amounts falling due after more than one year

7

-

(82,786)

Net assets/(liabilities) attributable to members

 

108,823

(76,757)

Represented by:

 

Loans and other debts due to members

 

Members' capital classified as a liability

 

108,823

(76,757)

   

108,823

(76,757)

Total members' interests

 

Loans and other debts due to members

 

108,823

(76,757)

   

108,823

(76,757)

For the year ending 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime. As permitted by section 444 (5A) of the Companies Act 2006, the members have not delivered to the registrar a copy of the Profit and Loss Account.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of H2O Solutions Europe LLP (registered number OC338620) were approved by the Board and authorised for issue on 15 May 2025. They were signed on behalf of the limited liability partnership by:

 

H2O Solutions Europe LLP

(Registration number: OC338620)
Balance Sheet as at 31 March 2025

.........................................
Mr Timothy John Wafer
Designated member

 

H2O Solutions Europe LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in England and Wales under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page. The nature of the limited liability partnership’s operations and its principal activities are given in the members’ report.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of H2O Solutions Europe LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Plant and Machinery

20% Straight Line

Office Equipment

15% Reducing Balance

Computer Equipment

25% Straight Line

Motor Vehicles

20% Reducing Balance

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due according to the original terms of the receivables.

 

H2O Solutions Europe LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the limited liability partnership does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

2

Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 0 (2024 - 0).

3

Tangible fixed assets

Motor vehicles
 £

Office equipment
 £

Total
£

Cost

At 1 April 2024

157,930

30,343

188,273

Disposals

(157,930)

(21,235)

(179,165)

At 31 March 2025

-

9,108

9,108

Depreciation

At 1 April 2024

75,704

26,182

101,886

Charge for the year

-

2,411

2,411

Eliminated on disposals

(75,704)

(21,235)

(96,939)

At 31 March 2025

-

7,358

7,358

Net book value

At 31 March 2025

-

1,750

1,750

At 31 March 2024

82,226

4,161

86,387

4

Stocks

2025
£

2024
£

Stocks

-

1,300

5

Debtors

2025
£

2024
£

Trade debtors

23,292

34,850

Total current trade and other debtors

23,292

34,850

 

H2O Solutions Europe LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

6

Creditors: Amounts falling due within one year

2025
£

2024
£

Trade creditors

13,450

165,326

Other creditors

119

30,939

Accruals and deferred income

2,200

2,100

Taxation and social security

3,989

5,519

19,758

203,884

7

Creditors: Amounts falling due after more than one year

2025
£

2024
£

Other creditors

-

82,786

8

Control

The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.