Company Registration No. SC332005 (Scotland)
HYDRAULICS AND PNEUMATICS LIMITED
Unaudited accounts
for the year ended 30 November 2022
HYDRAULICS AND PNEUMATICS LIMITED
Unaudited accounts
Contents
HYDRAULICS AND PNEUMATICS LIMITED
Company Information
for the year ended 30 November 2022
Directors
TIMOTHY DAVIES
BERNADETTE MARY DAVIES
Company Number
SC332005 (Scotland)
Registered Office
UNIT 7 JAMES WATT PLACE
COLLEGE MILTON
EAST KILBRIDE
GLASGOW
G74 5HG
Accountants
Brand Jamieson & Co Ltd
2 Victoria Place
Rutherglen
Glasgow
G73 2JP
HYDRAULICS AND PNEUMATICS LIMITED
Statement of financial position
as at 30 November 2022
Tangible assets
3,274
3,852
Cash at bank and in hand
130,251
203,057
Creditors: amounts falling due within one year
(81,648)
(67,286)
Net current assets
248,774
295,116
Net assets
252,048
298,968
Called up share capital
100
100
Profit and loss account
251,948
298,868
Shareholders' funds
252,048
298,968
For the year ending 30 November 2022 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 14 February 2023 and were signed on its behalf by
TIMOTHY DAVIES
Director
Company Registration No. SC332005
HYDRAULICS AND PNEUMATICS LIMITED
Notes to the Accounts
for the year ended 30 November 2022
HYDRAULICS AND PNEUMATICS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC332005. The registered office is UNIT 7 JAMES WATT PLACE, COLLEGE MILTON, EAST KILBRIDE, GLASGOW, G74 5HG.
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
15% reducing balance.
4
Tangible fixed assets
Plant & machinery
At 30 November 2022
16,247
At 30 November 2022
12,973
HYDRAULICS AND PNEUMATICS LIMITED
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due within one year
Trade debtors
121,089
93,718
Amounts due from group undertakings etc.
28,302
28,302
Accrued income and prepayments
2,355
2,075
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
19,003
18,763
Amounts owed to group undertakings and other participating interests
1,538
1,538
Taxes and social security
36,043
29,846
Loans from directors
3,329
3,329
The ultimate controlling party is the directors.
The company is a 100% subsidiary of EHL Holdings Limited , the ownership of which is shared equally between the 2 directors.
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
