REGISTERED NUMBER: SC206890 (Scotland)

Financial Statements for the Year Ended 31 October 2025

for

HYDRUS ENERGY ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M W Donald

S J Hendry

G M Matthew

REGISTERED OFFICE:

Units 14/15 Brechin Business Park

West Road

Brechin

Angus

DD9 6RJ

REGISTERED NUMBER:

SC206890 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Tangible assets

4

2,756,016

2,679,030

CURRENT ASSETS

Stocks

547,542

214,232

Debtors

5

1,800,910

1,750,610

Cash at bank and in hand

230,186

685,216

2,578,638

2,650,058

CREDITORS

Amounts falling due within one year

6

761,919

975,486

NET CURRENT ASSETS

1,816,719

1,674,572

TOTAL ASSETS LESS CURRENT LIABILITIES

4,572,735

4,353,602

CREDITORS

Amounts falling due after more than one year

7

(920,286

)

(890,649

)

PROVISIONS FOR LIABILITIES

-

(141,164

)

NET ASSETS

3,652,449

3,321,789

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

74,990

74,990

Retained earnings

3,577,359

3,246,699

SHAREHOLDERS' FUNDS

3,652,449

3,321,789

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

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

The directors acknowledge their 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

G M Matthew - Director

M W Donald - Director

S J Hendry - Director

1.	STATUTORY INFORMATION

Hydrus Energy Engineering Limited is a private company, limited by shares , registered in Scotland. 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.

Freehold property

-

not provided

Improvements to property

-

at varying rates on cost

Plant and machinery

-

10% on cost and at varying rates on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stock and work in progress

Stock is included at the lower of cost and net realisable value, giving due allowance for obsolete and

slow moving stock.

Work in Progress reflects uninvoiced work at the year end. Thus is valued at its subsequent selling price. Profit is therefore recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 material 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 38 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 November 2024

1,818,871

354,356

1,404,752

Additions

-

-

308,022

Disposals

-

-

(56,330

)

At 31 October 2025

1,818,871

354,356

1,656,444

DEPRECIATION

At 1 November 2024

-

123,845

894,203

Charge for year

-

15,888

125,287

Eliminated on disposal

-

-

(2,298

)

At 31 October 2025

-

139,733

1,017,192

NET BOOK VALUE

At 31 October 2025

1,818,871

214,623

639,252

At 31 October 2024

1,818,871

230,511

510,549

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

131,447

141,460

3,850,886

Additions

-

5,540

313,562

Disposals

(14,495

)

-

(70,825

)

At 31 October 2025

116,952

147,000

4,093,623

DEPRECIATION

At 1 November 2024

46,668

107,140

1,171,856

Charge for year

29,244

12,125

182,544

Eliminated on disposal

(14,495

)

-

(16,793

)

At 31 October 2025

61,417

119,265

1,337,607

NET BOOK VALUE

At 31 October 2025

55,535

27,735

2,756,016

At 31 October 2024

84,779

34,320

2,679,030

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

922,323

880,082

Amounts owed by group undertakings

796,139

793,637

Other debtors

82,448

76,891

1,800,910

1,750,610

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

49,413

73,142

Hire purchase contracts

69,085

49,217

Trade creditors

362,276

571,808

Taxation and social security

253,028

71,871

Other creditors

28,117

209,448

761,919

975,486

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

814,128

834,933

Hire purchase contracts

106,158

55,716

920,286

890,649

2025

2024

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

616,475

542,372

8.	RELATED PARTY DISCLOSURES

The company was under control of G M Matthew, M W Donald and SJ Hendry throughout the current and previous year.

As at 31 October 2025, included within other debtors is a balance outstanding due from the parent company, Hydrus Engineering Ltd, of £796,139 (2024 - £793,637). No interest has been applied to the outstanding balance.