REGISTERED NUMBER: 06666700 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hull Gas Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Pace

REGISTERED OFFICE:

145 Grosvenor Road

Kingswood

Hull

East Yorkshire

HU7 3FF

REGISTERED NUMBER:

06666700 (England and Wales)

ACCOUNTANTS:

Wrights

Chartered Certified Accountants

129 Beverley Road

Hessle

East Yorkshire

HU13 9AN

FIXED ASSETS

Tangible assets

4

836

1,020

CURRENT ASSETS

Stocks

810

800

Debtors

5

16,797

10,406

Cash at bank and in hand

54,124

60,451

71,731

71,657

CREDITORS

Amounts falling due within one year

6

17,022

15,271

NET CURRENT ASSETS

54,709

56,386

TOTAL ASSETS LESS CURRENT LIABILITIES

55,545

57,406

CREDITORS

Amounts falling due after more than one year

7

(11,818

)

(21,838

)

PROVISIONS FOR LIABILITIES

(159

)

(194

)

NET ASSETS

43,568

35,374

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

43,566

35,372

SHAREHOLDERS' FUNDS

43,568

35,374

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

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

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 7 November 2025 and were signed by:

S P Pace - Director

1.	STATUTORY INFORMATION

Hull Gas Solutions 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.

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.

Tangible fixed assets

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

Plant and machinery 20% on written down value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

6,706

DEPRECIATION

At 1 April 2024

5,686

Charge for year

184

At 31 March 2025

5,870

NET BOOK VALUE

At 31 March 2025

836

At 31 March 2024

1,020

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,934

6,617

Other debtors

10,863

3,789

16,797

10,406

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

2,034

1,195

Taxation and social security

14,029

8,313

Other creditors

959

5,763

17,022

15,271

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

11,818

21,838