Registered Number : 03494663

 

Hy-Save (Uk) Limited

 

01-Feb-2024

 

31-Jan-25

 

Hy-Save (Uk) Limited

 

Contents

 

 

 

Page

Balance Sheet

1

Hy-Save (Uk) Limited

 

Balance Sheet as at 31st January 2025

 

 

2025

2024

 

£

£

 

 

 

FIXED ASSETS

654,642

674,476

 

 

 

CURRENT ASSETS

4,078,853

2,818,959

 

 

 

CREDITORS

 

 

Amounts falling due within one year

(741,921)

(572,913)

 

 

 

NET CURRENT ASSETS

3,336,933

2,246,046

 

 

 

TOTAL ASSETS LESS CURRENT LIABILITIES

3,991,575

2,920,522

 

 

 

CAPITAL AND RESERVES

3,991,575

2,920,522

 

Approved by the Board on 25 09 2025

 

And signed on their behalf by:

Calvin Becker, Director

 

Hy-Save (Uk) Limited

 

Notes to the financial statements for the period ended 31st January 2025

 

1.     Statutory Information

 

Hy-Save (Uk) Limited 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:

3494663

 

 

Registered office:

Hy-Save House Second Avenue,

 

Westfield Industrial Estate

 

Midsomer Norton,

 

Radstock

 

United Kingdom

 

BA3 4BH

 

1.     Accounting Policies

Basis of Preparation: The financial statements have been prepared in accordance with FRS 102 Section 1A and the provisions applicable to companies subject to the small companies regime under the Companies Act 2006.

 

Turnover: Turnover represents the total value of sales net of VAT and is recognised when goods are delivered or services rendered.

 

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset over its expected useful life. Capital allowances claimed for tax purposes may differ from depreciation charged in the financial statements. Deferred tax is recognised on the temporary differences arising from these differences, where applicable.

 

Foreign Currency Transactions: Transactions in foreign currencies are translated at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities are translated at the rate of exchange ruling at the balance sheet date.

 

2.     Employees

The average number of employees during the year was 7 (Previous Year: 7).

 

3.     Directors’ Remuneration

Total remuneration paid to directors during the year was £ 8,844 (Previous Year: £ 8,844).

Hy-Save (Uk) Limited

 

Notes to the financial statements for the period ended 31st January 2025

 

4.     Audit Exemption

 

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

 

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Act 2006.

 

The director acknowledges responsibility for:

 

Ensuring the company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006.

 

Preparing financial statements that 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 c with the requirements of the Companies Act 2006 relating to financial statement, so far as applicable to company.

 

These financial statements have been prepared 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”.

 

These financial statements were approved by the director and authorised for issue on 25th of September 2025 and were signed by:

 

 

C Becker - Director