15 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 17,356 2,897 925 19,328 10,836 2,302 705 12,433 6,895 6,520 50 50 50 xbrli:pure xbrli:shares iso4217:GBP 10861855 2024-04-01 2025-03-31 10861855 2025-03-31 10861855 2024-03-31 10861855 2023-04-01 2024-03-31 10861855 2024-03-31 10861855 2023-03-31 10861855 bus:Director1 2024-04-01 2025-03-31 10861855 bus:Director2 2024-04-01 2025-03-31 10861855 core:WithinOneYear 2025-03-31 10861855 core:WithinOneYear 2024-03-31 10861855 core:ShareCapital 2025-03-31 10861855 core:ShareCapital 2024-03-31 10861855 core:RetainedEarningsAccumulatedLosses 2025-03-31 10861855 core:RetainedEarningsAccumulatedLosses 2024-03-31 10861855 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 10861855 core:Non-currentFinancialInstruments 2025-03-31 10861855 core:Non-currentFinancialInstruments 2024-03-31 10861855 bus:Director1 2024-03-31 10861855 bus:Director1 2025-03-31 10861855 bus:Director2 2024-03-31 10861855 bus:Director2 2025-03-31 10861855 bus:Director1 2023-03-31 10861855 bus:Director1 2024-03-31 10861855 bus:Director2 2023-03-31 10861855 bus:Director2 2024-03-31 10861855 bus:Director1 2023-04-01 2024-03-31 10861855 bus:Director2 2023-04-01 2024-03-31 10861855 bus:SmallEntities 2024-04-01 2025-03-31 10861855 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10861855 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10861855 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10861855 bus:FullAccounts 2024-04-01 2025-03-31 10861855 core:OfficeEquipment 2024-04-01 2025-03-31 10861855 core:OfficeEquipment 2024-03-31 10861855 core:OfficeEquipment 2025-03-31
COMPANY REGISTRATION NUMBER: 10861855
HYBRID PLANNING & DEVELOPMENT LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2025
HYBRID PLANNING & DEVELOPMENT LTD
STATEMENT OF FINANCIAL POSITION
31 March 2025
2025
2024
Note
£
£
FIXED ASSETS
Tangible assets
5
6,895
6,520
Investments
6
50
50
-------
-------
6,945
6,570
CURRENT ASSETS
Debtors
7
119,302
284,069
Cash at bank and in hand
546,682
159,679
---------
---------
665,984
443,748
CREDITORS: amounts falling due within one year
8
144,754
173,360
---------
---------
NET CURRENT ASSETS
521,230
270,388
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
528,175
276,958
---------
---------
NET ASSETS
528,175
276,958
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
528,075
276,858
---------
---------
SHAREHOLDERS FUNDS
528,175
276,958
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
HYBRID PLANNING & DEVELOPMENT LTD
STATEMENT OF FINANCIAL POSITION (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 15 May 2025 , and are signed on behalf of the board by:
Miss C L Day
Mrs D St Pierre
Director
Director
Company registration number: 10861855
HYBRID PLANNING & DEVELOPMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 463-465 High Street, Lincoln, LN5 8JB.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 15 (2024: 13 ).
5. TANGIBLE ASSETS
Equipment
Total
£
£
Cost
At 1 April 2024
17,356
17,356
Additions
2,897
2,897
Disposals
( 925)
( 925)
--------
--------
At 31 March 2025
19,328
19,328
--------
--------
Depreciation
At 1 April 2024
10,836
10,836
Charge for the year
2,302
2,302
Disposals
( 705)
( 705)
--------
--------
At 31 March 2025
12,433
12,433
--------
--------
Carrying amount
At 31 March 2025
6,895
6,895
--------
--------
At 31 March 2024
6,520
6,520
--------
--------
6. INVESTMENTS
Shares in group undertakings
£
Cost
At 1 April 2024 and 31 March 2025
50
----
Impairment
At 1 April 2024 and 31 March 2025
----
Carrying amount
At 31 March 2025
50
----
At 31 March 2024
50
----
7. DEBTORS
2025
2024
£
£
Trade debtors
104,803
100,615
Amounts owed by group undertakings and undertakings in which the company has a participating interest
7,352
179,401
Other debtors
7,147
4,053
---------
---------
119,302
284,069
---------
---------
8. CREDITORS: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
12,500
22,500
Trade creditors
1,526
28,509
Corporation tax
80,856
58,968
Social security and other taxes
46,666
42,795
Other creditors
3,206
20,588
---------
---------
144,754
173,360
---------
---------
9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Miss C L Day
( 9,419)
9,302
( 117)
Mrs D St Pierre
( 10,219)
8,080
( 2,139)
--------
--------
-------
( 19,638)
17,382
( 2,256)
--------
--------
-------
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Miss C L Day
( 266)
( 9,153)
( 9,419)
Mrs D St Pierre
( 624)
( 9,595)
( 10,219)
----
--------
--------
( 890)
( 18,748)
( 19,638)
----
--------
--------