**REGISTERED COMPANY NUMBER: 10475426 (England and Wales) REGISTERED CHARITY NUMBER: 1200276** ## **REPORT OF THE TRUSTEES AND** **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 30TH APRIL 2025** ## **FOR** **HYDRO MUSCLES LIMITED** **HYDRO MUSCLES LIMITED** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025** ||**Page**| |---|---| |**Report of the Trustees**|**1**| |**Independent Examiner's Report**|**3**| |**Statement of Financial Activities**|**4**| |**Statement of Financial Position**|**5**| |**Notes to the Financial Statements**|**6**| |**Detailed Statement of Financial Activities**|**10**| ## **HYDRO MUSCLES LIMITED** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH APRIL 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30th April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **INCORPORATION** The charitable company was incorporated on 28 April 2022 and commenced trading on the same day ## **OBJECTIVES AND ACTIVITIES - Objectives and aims** The charity’s object and its principal activity is, that of relieving sicness and to preserve and protect good health for the public benefit of people with rare muscle conditions (limb gridle type 2a muscular dystrophy) through the prevention of hydrotherapy. The charirty aims to achieve this by: Getting access to hydrotherapy for those with muscle wasting conditions, (Muscular dystrophy) through funding and subsidisations ## **ACHIEVEMENT AND PERFORMANCE - Charitable' activities** The trustees confirm that the activities of the charity in the year were in accordance with the objectives. Funding was secured from local business and fund raising events ## **FINANCIAL REVIEW - Reserves policy** It is the policy of the trustees, in accordance with Charity Commission recommendations, to maintain reserves to cover three months' essential running costs. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT - Governing document** The charity is controlled by it & governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Recruitment and appointment of new trustees** The Board has the power to appoint additional trustees as it considers fit. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate' controls are in place to provide reasonable assurance against fraud and error. **REFERENCE AND ADMINISTRATION Registered Company Number** 10475426 **Registered Company Number** 1200276 **Registered office** 19 Chalton lane Clanfield Waterlooville United Kingdon PO7 5FW Page 1 ## **HYDRO MUSCLES LIMITED** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH APRIL 2025** ## **Trustees** Mr A Barwell Mrs L Barwell Mr Y De Vos Mrs L Shone ## **Independent Examiner** P Pinder MAAT PinPoint Accountancy ltd Weller House 58 - 60 Longbrigde Road London IG11 8RT Approved by order of the board of trustees on …................................. and signed on its behalf by: ………………………… A. Barwell - Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HYDRO MUSCLES LIMITED** ## **Independent examiner's report to the trustees of Hydro Muscles Limited ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th April 2025. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006·Act other than any requirement that the accounts give a true and fair view which is not matter considered as part of an independent examination; or· 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of lreland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. P Pinder MAAT PinPoint Accountancy ltd Weller House 58 - 60 Longbrigde Road London IG11 8RT ## Dated…............... Page 3 ## **HYDRO MUSCLES LIMITED** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 30TH APRIL 2025** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
other trading income
2
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
General fund
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTALFUNDS CARRIEDFORWARD**|31.4.25
31.4.24
Unrestricted Restricted Total
Unrestricted
**funds**
**funds**
funds
**funds**
£
£
£
£
30,499
-
30,499
14,558
0
-
0
275
0
-
0
0| |---|---| ||30,499
-
30,499
14,833
29,847
29,847
11,832| ||652
652
3,001
14,840
14,840
11,839| ||15,492
15,492
14,840| The notes form part of these financial statements Page 4 ## **HYDRO MUSCLES LIMITED** ## **STATEMENT OF FINANCIAL POSITION** ## **FOR THE YEAR ENDED 30TH APRIL 2025** |Notes
**Current Assets**
Debtors
6
Cash at bank and in hand
**Creditors**
7
Amounts falling due within one year
**Net Current Assets**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
8
Unrestricted
**TOTAL FUNDS**|31.4.25
31.4.24
Unrestricted Restricted Total
Unrestricted
**funds**
**funds**
funds
**funds**
£
0
0
0
17,160
17,160
16,508|31.4.25
31.4.24
Unrestricted Restricted Total
Unrestricted
**funds**
**funds**
funds
**funds**
£
0
0
0
17,160
17,160
16,508| |---|---|---| ||17,160
17,160
16,508
-1,668
-1,668
-1668|| ||15,492
15,492
14,840|| ||15,492
0
15,492
14,840|| ||15,492
0
15,492
14,840|| |||| |||15,492
14,840| |||| |||15,492
14,840| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial were approved by the Board of Trustees and authorised for issue on…...................... and were signed on its behalf by: ….................... A Barwell - Trustee The notes form part of these financial statements Page 5 1 **ACCOUNTING POLICIES** ## **HYDRO MUSCLES LIMITED** ## **NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30TH APRIL 2025** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS I 02) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard I 02 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Taxation** The charity is exempt from Corporation Tax on its charitable activities. 2 3 4 |**OTHER TRADING INCOME**
Income from online shop
**NET INCOME / (EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):|31.4.25
31.4.24
£
£
0
0| |---|---| ||31.3.25
31.3.24
£
£
0
0| ## **TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 April 2025 There were no trustees' expenses paid for the year ended 30th April 2025 5 |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|| |---|---|---|---| ||unrestrictedRestricted||Total| |**INCOME AND ENDOWMENTS FROM**|**fund**|**fund**|**funds**| |Donations and legacies|£|£|£| ||30,499|-|30,499| |**other income**|0|-|0| |**Total**|30,499|-|30,499| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |General fund|29,847|-|29,847| |**NET INCOME**|652|-|652| The notes form part of these financial statements continued….. Page 6 ## **HYDRO MUSCLES LIMITED** ## **NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30TH APRIL 2025** |5|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| |---|---|---|---|---|---| |||||Total|| ||**RECONCILIATION OF FUNDS**||||**funds**| |||||£|| ||Total funds brought forward|14,840|||14,840| ||Total funds carried forward|15,492|||15,492| |6|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||| ||||30.4.25|30.4.24|| ||||£||£| |||||0|0| |7|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||| ||||30.4.25|30.4.24|| ||||£||£| ||Accured expenses||1,668||1,668| ||||Net||| |8|**MOVEMENT IN FUNDS**|At|Movement||At| |||31.4.25|in funds||31.4.24| ||**Unrestricted funds**||£||£| ||General fund|15,492|-652||14,840| ||**Total Funds**|15,492|-652||14,840| ||Net movements in funds, included in the above are as follows:||||| |||Incoming|Resources||Movement| |||resources|expended||in funds| ||**Unrestricted funds**|£|£||£| ||General fund|30,499|-29,847||652| ||**Total Funds**|30,499|-29,847||652| The notes form part of these financial statements Page 7 continued….. **HYDRO MUSCLES LIMITED** 8 **MOVEMENT IN FUNDS - continued** ## **NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30TH APRIL 2025** |Comparatives for movement in funds
**Unrestricted funds**
**Total Funds**|At
Movement
At
At 1/5/23
in funds
31.4.24
£
£
£
14,840
3,001
11,839| |---|---| ||14,840
3,001
11,839| Comparatives net movement in funds, included in the above are as follows: |**Unrestricted funds**
Total Funds
A current year 12 months and prior 12 months combined position is as
Unrestricted funds
Drop in centre
Total Funds|Incoming
Resources
Movement
resources expended
in funds
£
£
£
14,833
11,832
3,001| |---|---| ||14,833
11,832
3,001| ||follows:
At
Movement
At
At 1/5/23
in funds
31.4.24
£
£
£
11,839
3,653
15,492| ||11,839
3,653
15,492| A current year 12 months and prior 12 months combined net movement in funds, in the above are as follows: |**Unrestricted funds**
**Total Funds**|Incoming
Resources
Movement
resources expended
in funds
£
£
£
45,332
-41,679
3,653| |---|---| ||45,332
-41,679
3,653| The notes form part of these financial statements continued….. Page 8 ## **HYDRO MUSCLES LIMITED** ## **NOTES TO THE FINANCIAL STATEMENT - continued FOR THE YEAR ENDED 30TH APRIL 2025** ## 9. **RELATED PARTY DISCLOSURES** There were no related patty transactions for the year ended 30th April 2025. The notes form part of these financial statements Page 8 ## **HYDRO MUSCLES LIMITED** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR ENDED 30TH APRIL 2025** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
other income
**Investment income**
Bank interest received
**Total incoming resources**
**EXPENDITURE - Charitable activities**
Outsourced consultants - Rehabilitions workshops
**Support costs**
**Bank charges**
**Governance costs**
sundries
Accountancy
**Total resources expended**
**Net Income**|31.4.25
30,499
0
0
30,499
26,314
31
2,390
1,112
3,533
29,847
652|31.4.24
14,558
275
0| |---|---|---| |||14,833
11,814| |||18| |||0
11,832| |||3,001| This page does not form part of the statutory financial statements Page 9