Hyde Additive Technologies Limited
Notes to the Financial Statements
For the Year Ended 30 September 2022
Hyde Additive Technologies Limited is a private Company limited by shares and incorporated in England and Wales. Registered number 10670435. Its registered head office is located at 185 Stamford House, Stamford Street, Stalybridge, Cheshire, SK15 1QZ.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified
within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the
Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements are presented in Sterling (£), the Company’s functional currency.
The accounting reference date is 30th September 2022 however the accounts are drawn up for the 52 weeks to
2nd October 2022 (2021: 53 weeks to 3rd October 2021).
The following principal accounting policies have been applied:
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Group Modern Slavery Act Transparency Statement
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To view our Modern Slavery Act Transparency Statement, please refer to our group website at:
https://hydegroup.com /modern-slavery-act -transparency-statement
This policy covers all group entities, and is regularly updated to remain in compliance with legislation.
The Company is party to an inter-company cross guarantee in favour of its bankers. The cross guarantee is for all amounts due to the bank by all of the group companies headed by Hyde Industrial Holdings Limited.
The maximum liability of this cross guarantee at 30 September 2022 was £Nil (2021: £Nil).
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