Company Registration No. 11164069 (England and Wales)
HIBRID SOLUTIONS LTD
Unaudited accounts
for the year ended 31 July 2024
HIBRID SOLUTIONS LTD
Unaudited accounts
Contents
HIBRID SOLUTIONS LTD
Company Information
for the year ended 31 July 2024
Company Number
11164069 (England and Wales)
Registered Office
Unit 47 Basepoint Centre
Dartford Business Park, Victoria Road
Dartford
Kent
DA1 5FS
United Kingdom
HIBRID SOLUTIONS LTD
Statement of financial position
as at 31 July 2024
Intangible assets
9,000
10,500
Tangible assets
144,758
168,448
Cash at bank and in hand
35,145
42,232
Creditors: amounts falling due within one year
(740,371)
(596,833)
Net current liabilities
(452,430)
(353,770)
Net liabilities
(298,672)
(174,822)
Called up share capital
100
100
Profit and loss account
(298,772)
(174,922)
Shareholders' funds
(298,672)
(174,822)
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 2 April 2025 and were signed on its behalf by
Mr V Sharma
Director
Company Registration No. 11164069
HIBRID SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 July 2024
HIBRID SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11164069. The registered office is Unit 47 Basepoint Centre, Dartford Business Park, Victoria Road, Dartford, Kent, DA1 5FS, 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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
20 % Depreciation - Straight Line over 10 years
4
Intangible fixed assets
Other
HIBRID SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Fixtures & fittings
Charge for the year
23,690
Amounts falling due within one year
Trade debtors
3,133
13,581
Amounts due from group undertakings etc.
241,969
176,147
Accrued income and prepayments
3,496
7,839
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
110,208
45,239
Amounts owed to group undertakings and other participating interests
584,810
511,750
Taxes and social security
19,963
18,190
Other creditors
20,890
17,154
The company is controlled by RSGD (Lancaster) Ltd which is registered in England.
9
Average number of employees
During the year the average number of employees was 18 (2023: 15).