1 August 2023 false No description of principal activity Taxfiler 2024.6 11164069business:PrivateLimitedCompanyLtd2023-08-012024-07-31 111640692023-07-31 111640692023-08-012024-07-31 11164069business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 11164069business:FilletedAccounts2023-08-012024-07-31 111640692024-07-31 11164069business:Director12023-08-012024-07-31 11164069business:RegisteredOffice2023-08-012024-07-31 111640692023-07-31 11164069core:WithinOneYear2024-07-31 11164069core:WithinOneYear2023-07-31 11164069core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 11164069core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 11164069core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 11164069core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 11164069core:PreviouslyStatedAmount2024-07-31 11164069core:PreviouslyStatedAmount2023-07-31 11164069business:SmallEntities2023-08-012024-07-31 11164069countries:EnglandWales2023-08-012024-07-31 11164069core:PlantMachinery2023-08-012024-07-31 11164069core:FurnitureFittings2023-08-012024-07-31 11164069core:IntangibleAssetsOtherThanGoodwill2023-07-31 11164069core:IntangibleAssetsOtherThanGoodwill2024-07-31 11164069core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-31 11164069core:FurnitureFittings2023-07-31 11164069core:FurnitureFittings2024-07-31 111640692022-08-012023-07-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
HIBRID SOLUTIONS LTD Company Information for the year ended 31 July 2024
Director
Mr V Sharma
Company Number
11164069 (England and Wales)
Registered Office
Unit 47 Basepoint Centre Dartford Business Park, Victoria Road Dartford Kent DA1 5FS United Kingdom
- 3 -
HIBRID SOLUTIONS LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,000 
10,500 
Tangible assets
144,758 
168,448 
153,758 
178,948 
Current assets
Inventories
934 
- 
Debtors
251,862 
200,831 
Cash at bank and in hand
35,145 
42,232 
287,941 
243,063 
Creditors: amounts falling due within one year
(740,371)
(596,833)
Net current liabilities
(452,430)
(353,770)
Net liabilities
(298,672)
(174,822)
Capital and reserves
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
- 4 -
HIBRID SOLUTIONS LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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:
Plant & machinery
20%
Fixtures & fittings
20 %
Intangible fixed assets
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 
£ 
Cost
At 1 August 2023
15,000 
At 31 July 2024
15,000 
Amortisation
At 1 August 2023
4,500 
Charge for the year
1,500 
At 31 July 2024
6,000 
Net book value
At 31 July 2024
9,000 
At 31 July 2023
10,500 
- 5 -
HIBRID SOLUTIONS LTD Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
296,399 
At 31 July 2024
296,399 
Depreciation
At 1 August 2023
127,951 
Charge for the year
23,690 
At 31 July 2024
151,641 
Net book value
At 31 July 2024
144,758 
At 31 July 2023
168,448 
6
Debtors
2024 
2023 
£ 
£ 
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 
Other debtors
3,264 
3,264 
251,862 
200,831 
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 
Accruals
4,500 
4,500 
740,371 
596,833 
8
Controlling party
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).
- 6 -