Caseware UK (AP4) 2024.0.164 2024.0.164 00No description of principal activity2023-10-01falsefalsetruefalse 05384035 2023-10-01 2024-09-30 05384035 2022-10-01 2023-09-30 05384035 2024-09-30 05384035 2023-09-30 05384035 c:Director2 2023-10-01 2024-09-30 05384035 d:CurrentFinancialInstruments 2024-09-30 05384035 d:CurrentFinancialInstruments 2023-09-30 05384035 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05384035 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05384035 d:ShareCapital 2024-09-30 05384035 d:ShareCapital 2023-09-30 05384035 d:RetainedEarningsAccumulatedLosses 2024-09-30 05384035 d:RetainedEarningsAccumulatedLosses 2023-09-30 05384035 c:EntityNoLongerTradingButTradedInPast 2023-10-01 2024-09-30 05384035 c:FRS102 2023-10-01 2024-09-30 05384035 c:Audited 2023-10-01 2024-09-30 05384035 c:FullAccounts 2023-10-01 2024-09-30 05384035 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05384035 c:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05384035 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 05384035









Hyde Group Engineering Limited









Financial statements

Information for filing with the registrar

For the Year Ended 30 September 2024

 
Hyde Group Engineering Limited
 
 
Statement of Comprehensive Income
For the Year Ended 30 September 2024

2024
2023
Note
£
£

  

Tax on profit
  
1,841
(2,415)

Profit/(loss) for the financial year
  
1,841
(2,415)

There was no other comprehensive income for 2024 (2023:£NIL).

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 
Hyde Group Engineering Limited
Registered number: 05384035

Statement of Financial Position
As at 30 September 2024

2024
2023
Note
£
£

  

Tangible assets
  
-
-

  
-
-

Current assets
  

Debtors: amounts falling due within one year
 4 
95,935
93,480

Cash at bank and in hand
 5 
388,280
375,349

  
484,215
468,829

Creditors: amounts falling due within one year
 6 
(13,545)
-

Net current assets
  
 
 
470,670
 
 
468,829

Total assets less current liabilities
  
470,670
468,829

  

Net assets
  
470,670
468,829


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
470,570
468,729

  
470,670
468,829


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Ford
Director

Date: 4 June 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
Hyde Group Engineering Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 30 September 2024

1.


General information

Hyde Group Engineering Limited is a private company limited by shares & incorporated in England and Wales. Registered number 05384035. Its registered head office is located at 185 Stamford House, Stamford Street, Stalybridge, Cheshire, SK15 1QZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in Sterling (£), the Company’s functional currency.
The accounting reference date is 30th September 2024 however the accounts are drawn up for the 52 weeks to 29th September 2024 (2023: 52 weeks to 1st October 2023).
The following principal accounting policies have been applied:

The following principal accounting policies have been applied:

 
2.2

Group Modern Slavery Act Transparency Statement

To view our Modern Slavery Act Transparency Statement, please refer to our group website at:
https://www.hydegroup .com/modern-slavery -act-transparency-statement
This policy covers all group entities, and is regularly updated to remain in compliance with legislation.

Page 3

 
Hyde Group Engineering Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 30 September 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
Hyde Group Engineering Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 30 September 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
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 the Statement of comprehensive income.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
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.


3.


Employees




The average monthly number of employees, other than directors, during the year was 0 (2023: 0).

The average monthly number of employees, including directors, during the year was 0 (2023 -0).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
40
12,971

Deferred taxation
95,895
80,509

95,935
93,480



5.


Cash

2024
2023
£
£

Cash at bank and in hand
388,280
375,349


Page 5

 
Hyde Group Engineering Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 30 September 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
13,545
-



7.


Contingent liabilities

The Company is party to an inter-company cross guarantee in favour of its bankers. The cross guarantee is for all amounts due to the bank by all of the group companies headed by Hyde Industrial Holdings Limited.
The maximum liability of this cross guarantee at 30 September 2024 was £Nil (
2023: £Nil).
Amounts due to group undertakings are repayable on demand, unsecured and bear no interest. 


8.


Ultimate parent undertaking and controlling party

The immediate parent is Hyde Aero Products Limited. The ultimate parent undertaking is Hyde Industrial Holdings Limited.
The largest group of undertakings for which group accounts have been drawn up is that headed by Hyde Industrial Holdings Limited and the smallest group of such undertakings, including the Company, is that headed by Hyde Aero Products Limited.
Copies of the group financial statements can be obtained from that company’s registered office.


9.


Auditors' information

The auditors' report on the financial statements for the year ended 30 September 2024 was unqualified.

The audit report was signed on 4 June 2025 by John Glover (senior statutory auditor) on behalf of Hurst Accountants Limited.

 
Page 6