Silverfin false false 30/09/2025 01/10/2024 30/09/2025 N W Elliott 18/01/2019 15 January 2026 The principal activity of the Company during the financial year was holding share in its subsidiary undertaking Hydroline Solutions Limited. 11775068 2025-09-30 11775068 bus:Director1 2025-09-30 11775068 2024-09-30 11775068 core:CurrentFinancialInstruments 2025-09-30 11775068 core:CurrentFinancialInstruments 2024-09-30 11775068 core:Non-currentFinancialInstruments 2025-09-30 11775068 core:Non-currentFinancialInstruments 2024-09-30 11775068 core:ShareCapital 2025-09-30 11775068 core:ShareCapital 2024-09-30 11775068 core:RetainedEarningsAccumulatedLosses 2025-09-30 11775068 core:RetainedEarningsAccumulatedLosses 2024-09-30 11775068 core:OtherPropertyPlantEquipment 2024-09-30 11775068 core:OtherPropertyPlantEquipment 2025-09-30 11775068 core:CostValuation 2024-09-30 11775068 core:CostValuation 2025-09-30 11775068 2024-10-01 2025-09-30 11775068 bus:FilletedAccounts 2024-10-01 2025-09-30 11775068 bus:SmallEntities 2024-10-01 2025-09-30 11775068 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 11775068 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 11775068 bus:Director1 2024-10-01 2025-09-30 11775068 core:OtherPropertyPlantEquipment 2024-10-01 2025-09-30 11775068 2023-10-01 2024-09-30 11775068 core:Non-currentFinancialInstruments 2024-10-01 2025-09-30 iso4217:GBP xbrli:pure

Company No: 11775068 (England and Wales)

# HYDROLINE HOLDINGS (SW) LIMITED

### Unaudited Financial Statements
For the financial year ended 30 September 2025
Pages for filing with the registrar

HYDROLINE HOLDINGS (SW) LIMITED

## Unaudited Financial Statements

For the financial year ended 30 September 2025

Contents

HYDROLINE HOLDINGS (SW) LIMITED

## BALANCE SHEET

As at 30 September 2025
HYDROLINE HOLDINGS (SW) LIMITED

## BALANCE SHEET (continued)

As at 30 September 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 2,297,719 |  | 2,298,623
Investments | 4 | 1 |  | 1
|  | 2,297,720 |  | 2,298,624
Current assets |  |  |  |
Debtors | 5 | 238,396 |  | 248,796
Cash at bank and in hand |  | 1,213,432 |  | 1,079,205
|  | 1,451,828 |  | 1,328,001
Creditors: amounts falling due within one year | 6 | ( 329,021) |  | ( 494,869)
Net current assets |  | 1,122,807 |  | 833,132
Total assets less current liabilities |  | 3,420,527 |  | 3,131,756
Creditors: amounts falling due after more than one year | 7 | ( 279,530) |  | ( 252,966)
Provision for liabilities | 8 | ( 566,146) |  | ( 574,656)
Net assets |  | 2,574,851 |  | 2,304,134
Capital and reserves |  |  |  |
Called-up share capital |  | 1,000 |  | 1,000
Profit and loss account |  | 2,573,851 |  | 2,303,134
Total shareholder's funds |  | 2,574,851 |  | 2,304,134

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Hydroline Holdings (SW) Limited (registered number: 11775068) were approved and authorised for issue by the Director on 15 January 2026. They were signed on its behalf by:

N W Elliott Director |

HYDROLINE HOLDINGS (SW) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2025
HYDROLINE HOLDINGS (SW) LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Hydroline Holdings (SW) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Albert Goodman, Lupin Way, Yeovil, BA22 8WW, United Kingdom. The principal place of business is The Old Dairy, Ricksey Lane, Catcombe, Somerton, Somerset, TA11 7JH.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

##### Other operating income

Other operating income is funds received by the Company for assets hired out on a monthly basis. This income is recognised at the fair value of the consideration received for the period to which it relates.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. | 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Profit and Loss Account. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 2 |  | 2

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 October 2024 | 3,320,814 |  | 3,320,814
Additions | 899,668 |  | 899,668
Disposals | ( 802,968) |  | ( 802,968)
At 30 September 2025 | 3,417,514 |  | 3,417,514
Accumulated depreciation |  |  |
At 01 October 2024 | 1,022,191 |  | 1,022,191
Charge for the financial year | 440,605 |  | 440,605
Disposals | ( 343,001) |  | ( 343,001)
At 30 September 2025 | 1,119,795 |  | 1,119,795
Net book value |  |  |
At 30 September 2025 | 2,297,719 |  | 2,297,719
At 30 September 2024 | 2,298,623 |  | 2,298,623

#### 4. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 October 2024 | 1
At 30 September 2025 | 1
Carrying value at 30 September 2025 | 1
Carrying value at 30 September 2024 | 1

At the balance sheet date the company had 1 (2024 - 1) wholly owned subsidiaries.

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Group undertakings | 99,434 |  | 238,348
Prepayments | 32,590 |  | 0
VAT recoverable | 106,372 |  | 10,448
| 238,396 |  | 248,796

Amounts owed by Group undertakings are repayable on demand and do not bear interest.

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 452 |  | 0
Accruals | 1,994 |  | 1,900
Corporation tax | 73,228 |  | 28,511
Obligations under finance leases and hire purchase contracts (secured) | 253,347 |  | 464,458
| 329,021 |  | 494,869

#### 7. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Obligations under finance leases and hire purchase contracts (secured) | 279,530 |  | 252,966

The hire purchase contracts are secured on the assets concerned, which are included within plant and machinery. At the balance sheet date the assets concerned had a total net book value of £1,056,115 (2024 - £1,122,562).

#### 8. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 566,146 |  | 574,656

#### 9. Related party transactions

Transactions with entities in which the entity itself has a participating interest

The company has taken advantage of the exemptions provided from disclosing transactions with its wholly owned subsidiaries.