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Company Registration No. 09942789 (England and Wales)
Hyprdrve Ltd Unaudited accounts for the year ended 30 June 2025
Hyprdrve Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hyprdrve Ltd Company Information for the year ended 30 June 2025
Directors
Soik Hwa Heng Gerald Yew Meng Tan
Company Number
09942789 (England and Wales)
Registered Office
Top Floor Flat 150 Upper Richmond Road West London SW14 8DP
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Hyprdrve Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
211
588
Investments
5
25,250
25,250
25,461
25,838
Current assets
Cash at bank and in hand
104,424
47,628
Creditors: amounts falling due within one year
6
(60,012)
(39,876)
Net current assets
44,412
7,752
Net assets
69,873
33,590
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
69,773
33,490
Shareholders' funds
69,873
33,590
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2026 and were signed on its behalf by
Soik Hwa Heng Director Company Registration No. 09942789
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Hyprdrve Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Hyprdrve Ltd is a private company, limited by shares, registered in England and Wales, registration number 09942789. The registered office is Top Floor Flat, 150 Upper Richmond Road West, London, SW14 8DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on straight line
Deferred taxation
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 accounts. 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 average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
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Hyprdrve Ltd Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
2,737
At 30 June 2025
2,737
Depreciation
At 1 July 2024
2,149
Charge for the year
377
At 30 June 2025
2,526
Net book value
At 30 June 2025
211
At 30 June 2024
588
5
Investments
Other investments
£
Valuation at 1 July 2024
25,250
Valuation at 30 June 2025
25,250
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
34,689
33,574
Loans from directors
(15,297)
6,002
Accruals
300
300
Deferred income
40,320
-
60,012
39,876
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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