ACCOUNTS - Final Accounts preparation

Registered number: 07854970

HARDY ADVANCED COMPOSITES LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

HARDY ADVANCED COMPOSITES LIMITED

REGISTERED NUMBER: 07854970

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£000		£000


Current assets
Debtors: amounts falling due within one year	4	344		344
		344		344
Total assets less current liabilities			344		344

Net assets			344		344

Capital and reserves
Profit and loss account	344	344
	344	344

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2025.

D J Styles

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

HARDY ADVANCED COMPOSITES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The Company has not traded in the current or prior year and is dormant. The Company is a private company, limited by shares, and incorporated and registered in England and Wales. The address of its registered office is 2 Silverton Court, Northumberland Business Park, Cramlington, Northumberland, NE23 7RY.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of SP PF Cayman Holdings LLP as at 31 December 2024 and these financial statements may be obtained from Companies House in accordance with the provisions of the Companies Act 2006.

Employees

	From March 2014 onwards all employees transferred to the parent company. No costs have been incurred by the Company.
	The average monthly number of employees, including directors, during the year was 0 (2023 - 4).

Debtors

					2024	2023
					£000	£000


Amounts owed by group undertakings	344	344
	344	344

Page 2

HARDY ADVANCED COMPOSITES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.Debtors (continued)

Amounts owed by group undertakings have no repayment date and are repayable on demand bearing no interest.

5.	Related party transactions
	The Company has taken advantage of the exemption as provided in paragraph 33.1A of FRS 102 from disclosing transactions with group companies as it is a wholly owned subsidiary and its results are included in the consolidated financial statements of another group company which are available on request from Pure Fishing Inc. There were no other related party transactions.

6.	Controlling party

The Company's immediate parent undertaking is Hardy & Greys Limited.
The directors regard Pure Fishing Inc. as the ultimate parent company as this company ultimately governs the financial and operating policies of all Pure Fishing Group entities.
Pure Fishing Inc. regards SP PF Cayman Aggregator LP as its ultimate controlling party and consolidated
financial statements for the Pure Fishing Group are prepared by SP PF Cayman Holdings I LP. The
consolidated financial statements of SP PF Cayman Holdings I LP are filed at Companies House in
accordance with the provisions of the Companies Act 2006.

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