Hydromarque Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02127692

Hydromarque Limited

Filleted Unaudited Financial Statements

For the year ended

30 June 2025

Hydromarque Limited

Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	190,846	182,049

Current assets

Stocks		702,666	601,233
Debtors	6	2,517,427	1,876,391
Cash at bank and in hand		1,352,685	1,012,804
		------------	------------
		4,572,778	3,490,428

Creditors: amounts falling due within one year	7	1,137,328	903,383
		------------	------------
Net current assets		3,435,450	2,587,045
		------------	------------
Total assets less current liabilities		3,626,296	2,769,094

Provisions	50,547	45,382
	------------	------------
Net assets	3,575,749	2,723,712
	------------	------------

Capital and reserves

Called up share capital	1,105	1,105
Share premium account	420	420
Capital redemption reserve	32,692	32,692
Profit and loss account	3,541,532	2,689,495
	------------	------------
Shareholder funds	3,575,749	2,723,712
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Hydromarque Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 16 September 2025 , and are signed on behalf of the board by:

R Newcombe

Director

Company registration number: 02127692

Hydromarque Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-21 Stapleton Road, Orton Southgate, Peterborough, Cambridgeshire, PE2 6TD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on a historical cost basis.

Judgements and key sources of estimation uncertainty

The directors make estimates and assumptions about the future. These estimates and assumptions impact recognised assets and liabilities, as well as revenue and expenses and other disclosures. These estimates are based on historical experience and on various assumptions considered reasonable under the prevailing conditions. The actual outcome may diverge from these estimates if other assumptions are made, or other conditions arise. The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: Depreciation Depreciation is recognised over the estimated useful life of assets, please see the accounting policy for further details.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	10% reducing balance
Plant and machinery	-	10-25% Reducing balance
Fixtures and fittings	-	25-33% Reducing balance
Motor vehicles	-	25% Reducing balance
Equipment	-	33% Straight Line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 10 (2024: 10 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Jul 2024	17,803	48,382	42,340	154,521	15,360	278,406
Additions	–	–	–	66,779	9,631	76,410
Disposals	–	–	–	( 29,989)	–	( 29,989)
	--------	--------	--------	---------	--------	---------
At 30 Jun 2025	17,803	48,382	42,340	191,311	24,991	324,827
	--------	--------	--------	---------	--------	---------
Depreciation
At 1 Jul 2024	1,005	24,798	14,170	49,074	7,310	96,357
Charge for the year	1,680	5,896	3,201	31,147	3,809	45,733
Disposals	–	–	–	( 8,109)	–	( 8,109)
	--------	--------	--------	---------	--------	---------
At 30 Jun 2025	2,685	30,694	17,371	72,112	11,119	133,981
	--------	--------	--------	---------	--------	---------
Carrying amount
At 30 Jun 2025	15,118	17,688	24,969	119,199	13,872	190,846
	--------	--------	--------	---------	--------	---------
At 30 Jun 2024	16,798	23,584	28,170	105,447	8,050	182,049
	--------	--------	--------	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	1,284,547	1,144,641
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,209,669	712,310
Other debtors	23,211	19,440
	------------	------------
	2,517,427	1,876,391
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	470,259	326,297
Social security and other taxes	581,905	450,007
Other creditors	85,164	127,079
	------------	---------
	1,137,328	903,383
	------------	---------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	47,310	55,526
Later than 1 year and not later than 5 years	146,000	158,015
Later than 5 years	24,333	60,833
	---------	---------
	217,643	274,374
	---------	---------

9. Contingencies

The company has provided a cross guarantee in respect of the loan facility in the parent company. The bank holds a fixed and floating charge over the assets of the company.