Company Registration No. 01871882 (England and Wales)
Hyper Kinetics Limited
Unaudited accounts
for the year ended 31 December 2024
Hyper Kinetics Limited
Unaudited accounts
Contents
Hyper Kinetics Limited
Company Information
for the year ended 31 December 2024
Directors
Mr A R Stinson
Mr RJL Harris
Company Number
01871882 (England and Wales)
Registered Office
4 JUPITER COURT
10-12 TOLWORTH RISE SOUTH
SURBITON
SURREY
KT5 9NN
ENGLAND
Hyper Kinetics Limited
Statement of financial position
as at 31 December 2024
Net current assets
100
100
Called up share capital
100
100
Shareholders' funds
100
100
For the year ending 31 December 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 18 June 2025 and were signed on its behalf by
Mr RJL Harris
Director
Company Registration No. 01871882
Hyper Kinetics Limited
Notes to the Accounts
for the year ended 31 December 2024
Hyper Kinetics Limited is a private company, limited by shares, registered in England and Wales, registration number 01871882. The registered office is 4 JUPITER COURT, 10-12 TOLWORTH RISE SOUTH, SURBITON, SURREY, KT5 9NN, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% Reducing Balance
Taxation for the period comprises of the current and deferred tax. Tax is recognised in the statement of income and Retained Earnings , except to the extent that it relates to items recognised in the other comprehensive income or direct equity.
Current or Deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods from those in which they are recognised in financial statements . Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses an other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Amounts falling due within one year
Amounts due from group undertakings etc.
100
100
Hyper Kinetics Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Average number of employees
During the year the average number of employees was 0 (2023: 2).