Company Registration No. 11385729 (England and Wales)
Hydro Clean Exterior Ltd
Unaudited accounts
for the year ended 31 May 2021
Hydro Clean Exterior Ltd
Unaudited accounts
Contents
Hydro Clean Exterior Ltd
Company Information
for the year ended 31 May 2021
Directors
Ashley James Chappell
Caroline Ruth Chappell
Company Number
11385729 (England and Wales)
Registered Office
10 Birch Grove
Honeybourne
Evesham
Worcestershire
WR11 7AF
England
Hydro Clean Exterior Ltd
Statement of financial position
as at
31 May 2021
Tangible assets
70,888
16,916
Cash at bank and in hand
53,716
21,133
Creditors: amounts falling due within one year
(54,183)
(7,565)
Net current assets
467
13,568
Total assets less current liabilities
71,355
30,484
Creditors: amounts falling due after more than one year
(16,000)
(20,000)
Called up share capital
100
100
Profit and loss account
55,255
10,384
Shareholders' funds
55,355
10,484
For the year ending 31 May 2021 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 7 January 2022 and were signed on its behalf by
Ashley James Chappell
Director
Company Registration No. 11385729
Hydro Clean Exterior Ltd
Notes to the Accounts
for the year ended 31 May 2021
Hydro Clean Exterior Ltd is a private company, limited by shares, registered in England and Wales, registration number 11385729. The registered office is 10 Birch Grove, Honeybourne, Evesham, Worcestershire, WR11 7AF, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
20%/33% on cost (dependent on machinery)
Computer equipment
33% on cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2020
-
13,671
8,450
309
22,430
Additions
726
63,304
-
3,399
67,429
At 31 May 2021
726
76,975
8,450
3,708
89,859
At 1 June 2020
-
4,096
1,296
122
5,514
Charge for the year
-
11,053
1,788
616
13,457
At 31 May 2021
-
15,149
3,084
738
18,971
At 31 May 2021
726
61,826
5,366
2,970
70,888
At 31 May 2020
-
9,575
7,154
187
16,916
Hydro Clean Exterior Ltd
Notes to the Accounts
for the year ended 31 May 2021
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
4,000
-
Taxes and social security
5,714
4,905
Loans from directors
8,312
-
Included in Taxes and social security is corporation tax payable of £5.5k (19/20 £3.2k).
7
Creditors: amounts falling due after more than one year
2021
2020
CBIL due for repayment from 05/21.
Included in creditors is an amount totalling £8,000 owed by the directors (19/20 £1,752 owed to the directors).
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).