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Company Registration No. 14391314 (England and Wales)
Hydra Lynx Ltd Unaudited accounts for the year ended 31 October 2024
Hydra Lynx Ltd Unaudited accounts Contents
Page
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Hydra Lynx Ltd Company Information for the year ended 31 October 2024
Directors
GUY, William Digby KELLAND, Jason
Company Number
14391314 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom
Accountants
Azoth Digital Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
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Hydra Lynx Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,716 
5,895 
Current assets
Cash at bank and in hand
220,020 
200,284 
Creditors: amounts falling due within one year
(304,779)
11,915 
Net current (liabilities)/assets
(84,759)
212,199 
Net (liabilities)/assets
(80,043)
218,094 
Capital and reserves
Called up share capital
100 
265,200 
Profit and loss account
(80,143)
(47,106)
Shareholders' funds
(80,043)
218,094 
For the year ending 31 October 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 22 February 2025 and were signed on its behalf by
KELLAND, Jason Director Company Registration No. 14391314
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Hydra Lynx Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Hydra Lynx Ltd is a private company, limited by shares, registered in England and Wales, registration number 14391314. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, 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 remained unchanged from the previous year, and also 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.
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:
Computer equipment
20% SLM
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
5,895 
At 31 October 2024
5,895 
Depreciation
Charge for the year
1,179 
At 31 October 2024
1,179 
Net book value
At 31 October 2024
4,716 
At 31 October 2023
5,895 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(627)
90 
Taxes and social security
13,617 
12,570 
Loans from directors
291,789 
(24,575)
304,779 
(11,915)
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Hydra Lynx Ltd Notes to the Accounts for the year ended 31 October 2024
6
Average number of employees
During the year the average number of employees was 2 (2023: 0).
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