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REEDHYCALOG UK LIMITED
REGISTERED NUMBER: NI029047
BALANCE SHEET
AS AT 30 JUNE 2025
For the year ended 30 June 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
The 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 were approved and authorised for issue by the board and were signed on its behalf on 29 September 2025.
The notes on page 2 form part of these financial statements.
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REEDHYCALOG UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
ReedHycalog UK Limited is a limited liability company incorporated in Northern Ireland. The registered office is c/o L'Estrange & Brett, Arnott House, 12/16 Bridge Street, Belfast, BT1 1LS.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The accounts have been prepared in accordance with the provisions of the small companies regime provided by section 415A of the Companies Act 2006.
In accordance with paragraph 35.10 (m) of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland the Company has elected to retain its accounting policies for reported assets, liabilities and equity at the date of transition to FRS 102 until there is any change to those balances or the Company undertakes any new transactions.
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Amounts owed by group undertakings
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Allotted, called up and fully paid
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The Company's immediate parent undertaking is NOV Downhole Eurasia Limited, a company incorporated in England and Wales. The consolidated accounts of NOV Downhole Eurasia Limited are those of the smallest group of which the Company is a member and for which group accounts are prepared. Copies of these accounts are available from its registered office at Stonedale Road, Unit 10 Oldends Lane Industrial Estate, Stonehouse, Gloucestershire, GL10 3RQ.
The Company's ultimate parent undertaking is NOV Inc., a company incorporated in the United States of America. The consolidated accounts of NOV Inc. are those of the largest group of which the Company is a member and for which group accounts are prepared. Copies of these accounts are available from its principal office at 10353 Richmond Avenue, Houston, Texas 77042, USA.
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