REGISTERED NUMBER: 02180796 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HYDRACENTRE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A B Whyte

Mr A D Wolley

Mr P J Smyth

SECRETARY:

Mr A B Whyte

REGISTERED OFFICE:

Sowerby Wood Industrial Estate

Barrow-In-Furness

Cumbria

LA14 4RF

REGISTERED NUMBER:

02180796 (England and Wales)

BANKERS:

Lloyds Bank plc

Commercial Banking

P.O. Box 1000

BX1 1LT

FIXED ASSETS

Investment property

4

346,000

346,000

CURRENT ASSETS

Debtors

2,818

-

CREDITORS

Amounts falling due within one year

18,357

14,670

NET CURRENT LIABILITIES

(15,539

)

(14,670

)

TOTAL ASSETS LESS CURRENT LIABILITIES

330,461

331,330

CREDITORS

Amounts falling due after more than one year

200,195

226,195

NET ASSETS

130,266

105,135

CAPITAL AND RESERVES

Called up share capital

5

70

70

Share premium

31,955

31,955

Revaluation reserve

237,936

237,936

Capital redemption reserve

175

175

Retained earnings

(139,870

)

(165,001

)

SHAREHOLDERS' FUNDS

130,266

105,135

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

Mr A B Whyte - Director

Mr A D Wolley - Director

Mr P J Smyth - Director

1.	STATUTORY INFORMATION

Hydracentre 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of services as adjusted for deferred income, excluding VAT.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

346,000

NET BOOK VALUE

At 31 December 2025

346,000

At 31 December 2024

346,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2023

237,936

Cost

108,064

346,000

The investment property is carried at fair value at the reporting date. The last professional valuation of the property was undertaken by an independent professionally qualified valuer on 13 June 2023.

The directors have considered the current market conditions, recent comparable transactions and other relevant factors affecting the property since the date of the last professional valuation. Based on this assessment, the directors consider that there has been no material change in the fair value of the property since the date of that valuation.

Accordingly, the directors consider the professional valuation to remain an appropriate basis for the fair value of the investment property at the reporting date and have therefore retained the valuation of £346,000 as the fair value at 31 December 2025.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

15

Ordinary C

£1

15

15

Allotted and issued:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

30

A ordinary

£1

30

30

25

B ordinary

£1

25

25

55

55

6.	CONTINGENT LIABILITIES

Estimated tax liability on sale of premises:-

If the company's investment property was sold at the market value of £346,000 (as per the valuation carried out by Edwin Thompson), corporation tax of £40,492 would arise on the gain.