Hydroline Invest Ltd - Accounts to registrar (filleted) - small 18.2

Hydroline Invest Ltd - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 11261195 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

HYDROLINE INVEST LTD

HYDROLINE INVEST LTD (REGISTERED NUMBER: 11261195)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HYDROLINE INVEST LTD

COMPANY INFORMATION
for the Year Ended 31 March 2021







DIRECTOR: M Buhl





REGISTERED OFFICE: 82 St John Street
London
EC1M 4JN





REGISTERED NUMBER: 11261195 (England and Wales)





ACCOUNTANTS: Donald Jacobs & Partners
CHARTERED ACCOUNTANTS
82 St John Street
London
EC1M 4JN

HYDROLINE INVEST LTD (REGISTERED NUMBER: 11261195)

BALANCE SHEET
31 March 2021

31.3.21 31.3.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,603 2,138

CURRENT ASSETS
Debtors 5 8,448 -
Cash at bank 29,497 41,378
37,945 41,378
CREDITORS
Amounts falling due within one year 6 1,523 36,576
NET CURRENT ASSETS 36,422 4,802
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,025

6,940

CREDITORS
Amounts falling due after more than one
year

7

50,000

-
NET (LIABILITIES)/ASSETS (11,975 ) 6,940

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (11,976 ) 6,939
(11,975 ) 6,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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.

HYDROLINE INVEST LTD (REGISTERED NUMBER: 11261195)

BALANCE SHEET - continued
31 March 2021


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 10 March 2022 and were signed by:





M Buhl - Director


HYDROLINE INVEST LTD (REGISTERED NUMBER: 11261195)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2021

1. STATUTORY INFORMATION

Hydroline Invest Ltd 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 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.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

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 1 (2020 - 1 ) .

HYDROLINE INVEST LTD (REGISTERED NUMBER: 11261195)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2021

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2020
and 31 March 2021 2,850
DEPRECIATION
At 1 April 2020 712
Charge for year 535
At 31 March 2021 1,247
NET BOOK VALUE
At 31 March 2021 1,603
At 31 March 2020 2,138

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
£    £   
Other debtors 8,448 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
£    £   
Taxation and social security 143 6,042
Other creditors 1,380 30,534
1,523 36,576

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.21 31.3.20
£    £   
Bank loans 50,000 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is M Buhl.