REGISTERED NUMBER: 14545780 (England and Wales)

HYDROCERT PROPERTY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

10,186

-

Investment property

5

904,109

904,109

914,295

904,109

CURRENT ASSETS

Debtors

6

212

211

Cash at bank

228

-

440

211

CREDITORS

Amounts falling due within one year

7

411,541

375,996

NET CURRENT LIABILITIES

(411,101

)

(375,785

)

TOTAL ASSETS LESS CURRENT LIABILITIES

503,194

528,324

CREDITORS

Amounts falling due after more than one year

8

541,255

563,334

NET LIABILITIES

(38,061

)

(35,010

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(38,161

)

(35,110

)

(38,061

)

(35,010

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:

C J Box - Director

1.	STATUTORY INFORMATION

Hydrocert Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14545780

Registered office:

Ground Floor St. Davids House

11 Blenheim Court

Brownfields

Welwyn Garden City

Hertfordshire

AL7 1AD

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.

Turnover

Turnover arises from the renting of the investment property.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Turnover arises from the renting of the investment property.

Deferred tax

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 different 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 year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts..

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and

other financial liabilities are initially recognised at transaction price net of any transaction costs and

subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the

reporting date as a result of a past event, it is probable that economic benefit will be transferred to

settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

11,925

At 31 March 2025

11,925

DEPRECIATION

Charge for year

1,739

At 31 March 2025

1,739

NET BOOK VALUE

At 31 March 2025

10,186

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

904,109

NET BOOK VALUE

At 31 March 2025

904,109

At 31 March 2024

904,109

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

212

211

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Mortgage loan

21,880

18,680

Trade creditors

19

17

Amounts owed to group undertakings

385,312

355,902

Taxation and social security

2,880

647

Other creditors

1,450

750

411,541

375,996

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Mortgage loans

541,255

563,334

Amounts falling due in more than five years:

Repayable by instalments

Mortgage loan

393,239

465,700

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgage loans

563,135

582,014

10.	RELATED PARTY DISCLOSURES

During the year the company rented out the property to Hydrocert Limited for £61,000 (2024:£49,761), which is also owned by C Box and D Bull. At the year end the company owed Hyrdrocert Limited £385,312 (2024: £355.902).

11.	ULTIMATE CONTROLLING PARTY

During the year, Chris Box and Dave Bull, directors, together with members of their close families,

controlled the company by virtue of a controlling interest (directly or indirectly) of 100% (50% each) of

the issued ordinary share capital.

12.	GOING CONCERN

The director believes that despite the economy, existing cash resources, profit and cash generation will

be sufficient to meet the company's obligations for a period of at least 12 months. The director will

therefore continue to adopt the going concern basis in preparing the financial statements.