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REGISTERED NUMBER: SC668702 (Scotland)















Financial Statements For The Year Ended 30 September 2024

for

Hydro Innovations Limited

Hydro Innovations Limited (Registered number: SC668702)






Contents of the Financial Statements
For The Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Hydro Innovations Limited

Company Information
For The Year Ended 30 September 2024







DIRECTORS: P Bishop
P Cantwell
J S Elliot
A C G Mackie





SECRETARY: A C G Mackie





REGISTERED OFFICE: Barwell
97 West Regent Street
United Kingdom
Glasgow
G2 2BA





REGISTERED NUMBER: SC668702 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

Hydro Innovations Limited (Registered number: SC668702)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash in hand 150 150

CREDITORS
Amounts falling due within one year 4 200 200
NET CURRENT LIABILITIES (50 ) (50 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(50

)

(50

)

CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Retained earnings (1,050 ) (1,050 )
SHAREHOLDERS' FUNDS (50 ) (50 )

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 June 2025 and were signed on its behalf by:





A C G Mackie - Director


Hydro Innovations Limited (Registered number: SC668702)

Notes to the Financial Statements
For The Year Ended 30 September 2024

1. STATUTORY INFORMATION

Hydro Innovations Limited is a private company, limited by shares, registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The principal activity of the company is to operate under a technology license from GM Innovations Limited to exploit the GM Innovations Limited technologies in the field of water purification.

The presentation currency of the financial statements is the Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have identified that there are no key estimates and judgements applied in the preparation of the financial statements.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 200 200

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary Shares £1 1,000 1,000

Ordinary shares have attached to them full voting rights but no right to a fixed income.

Hydro Innovations Limited (Registered number: SC668702)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Barwell Plc.

In the opinion of the Directors, the ultimate parent company is Barwell Plc, a company incorporated in Scotland. The registered office address is 97 West Regent Street, Glasgow, G2 2BA. Copies of the parent company accounts are available from the Registrar of Companies.