Hades Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08256608 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

HADES SOLUTIONS LIMITED

TRADING AS

YOUR LOCAL SKIP HIRE

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S R Young

REGISTERED OFFICE:

Orion House

28A Spital Terrace

GAINSBOROUGH

Lincolnshire

DN21 2HQ

REGISTERED NUMBER:

08256608 (England and Wales)

ACCOUNTANTS:

Shucksmith Accountants (Gainsborough) Limited

Orion House

28a Spital Terrace

GAINSBOROUGH

Lincolnshire

DN21 2HQ

FIXED ASSETS

Tangible assets

4

4,340

5,172

CURRENT ASSETS

Debtors

5

2,633

8,623

Cash at bank

63,922

50,314

66,555

58,937

CREDITORS

Amounts falling due within one year

6

30,832

38,535

NET CURRENT ASSETS

35,723

20,402

TOTAL ASSETS LESS CURRENT
LIABILITIES

40,063

25,574

CREDITORS

Amounts falling due after more than one
year

7

(59,974

)

(24,002

)

PROVISIONS FOR LIABILITIES

9

(825

)

(983

)

NET (LIABILITIES)/ASSETS

(20,736

)

589

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

11

(20,836

)

489

SHAREHOLDERS' FUNDS

(20,736

)

589

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 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 13 October 2026 and were signed by:

Mr S R Young - Director

1.	STATUTORY INFORMATION

Hades 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 represents net invoiced sales of services, excluding value added tax.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 November 2024

and 31 October 2025

1,315

8,244

1,010

10,569

DEPRECIATION

At 1 November 2024

893

4,062

442

5,397

Charge for year

63

627

142

832

At 31 October 2025

956

4,689

584

6,229

NET BOOK VALUE

At 31 October 2025

359

3,555

426

4,340

At 31 October 2024

422

4,182

568

5,172

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Other debtors

2,380

4,318

Directors' current accounts

-

4,062

Prepayments and accrued income

253

243

2,633

8,623

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Bank loans and overdrafts

13,053

4,720

Trade creditors

333

323

Corporation tax

8,738

16,645

Social security and other taxes

13

VAT

6,583

13,172

Other creditors

81

-

Directors' current accounts

421

-

Accruals and deferred income

1,610

3,662

30,832

38,535

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans - 1-2 years

13,053

4,720

Bank loans - 2-5 years

34,056

11,651

Bank loans more 5 yr by instal

12,865

7,631

59,974

24,002

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

12,865

7,631

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

Bank loans

73,027

28,722

9.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

Deferred tax

825

983

Deferred

tax

£

Balance at 1 November 2024

983

Accelerated capital allowances

(158

)

Balance at 31 October 2025

825

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

100

Ordinary

£1

100

11.

RESERVES

Retained

earnings

£

At 1 November 2024

489

Profit for the year

31,575

Dividends

(52,900

)

At 31 October 2025

(20,836

)

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

Mr S R Young

Balance outstanding at start of year

4,062

8,780

Amounts advanced

50,717

-

Amounts repaid

(55,200

)

(4,718

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(421

)

4,062

This amount was repaid within nine months of the year end..

During the year Mr S R Young - the sole director and 70% shareholder - charged the company £1,040 (2024 - £1,040) for use of home as office.

13.	RELATED PARTY DISCLOSURES

During the year, total dividends of £52,900 (2024 - £39,550) were paid to the director .

At 31 October 2025 there was a balance owed by the company to Mr S R Young - sole director and 70% shareholder - of £421 (2024 owed to the company £4,062).

This balance has been shown in Creditors/Debtors.

14.	ULTIMATE CONTROLLING PARTY

The ultimate control of the company lies with the director, Mr S R Young, who holds 70% of the issued share capital.