REGISTERED NUMBER: 01304128 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

HYDRO DESCALING LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R T Sellar

L T Sellar

T M Sellar

SECRETARY:

Mrs D Sellar

REGISTERED OFFICE:

16a Revenge Road

Lordswood Industrial Estate

Chatham

Kent

ME5 8UD

REGISTERED NUMBER:

01304128 (England and Wales)

ACCOUNTANTS:

Chegwidden & Co

Chartered Accountants

Priestley House

Priestley Gardens

Chadwell Heath

Essex, RM6 4SN

FIXED ASSETS

Tangible assets

4

589,327

433,008

CURRENT ASSETS

Debtors

280,200

340,523

Cash at bank

589,823

576,932

870,023

917,455

CREDITORS

Amounts falling due within one year

216,674

267,420

NET CURRENT ASSETS

653,349

650,035

TOTAL ASSETS LESS CURRENT LIABILITIES

1,242,676

1,083,043

CREDITORS

Amounts falling due after more than one year

(317,055

)

(162,596

)

PROVISIONS FOR LIABILITIES

(87,871

)

(77,485

)

NET ASSETS

837,750

842,962

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

837,350

842,562

837,750

842,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Statement of Financial Position for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 23rd September 2025 and were signed on its behalf by:

L T Sellar - Director

1.	STATUTORY INFORMATION

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

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of services - When providing day services, turnover is usually recognised on completion of the service and, for monthly engagements, it is recognised by reference to the stage of completion at the balance sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Land and buildings - 25% on reducing balance

Plant and machinery etc - 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

1,413,214

Additions

327,104

Disposals

(45,696

)

At 31st December 2024

1,694,622

DEPRECIATION

At 1st January 2024

980,206

Charge for year

170,658

Eliminated on disposal

(45,569

)

At 31st December 2024

1,105,295

NET BOOK VALUE

At 31st December 2024

589,327

At 31st December 2023

433,008

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1st January 2024

361,798

Additions

316,948

At 31st December 2024

678,746

DEPRECIATION

At 1st January 2024

118,715

Charge for year

121,688

At 31st December 2024

240,403

NET BOOK VALUE

At 31st December 2024

438,343

At 31st December 2023

243,083

5.	CONTROLLING PARTY

The controlling party is R T Sellar.