HNC ELECTRICAL CONTRACTORS LTD

Company Registration Number:
08200889 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2021

Period of accounts

Start date: 01 October 2020

End date: 30 September 2021

HNC ELECTRICAL CONTRACTORS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2021

Balance sheet
Notes

HNC ELECTRICAL CONTRACTORS LTD

Balance sheet

As at 30 September 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 128,549 35,302
Total fixed assets: 128,549 35,302
Current assets
Stocks: 9,450 8,550
Debtors:   205,833 169,412
Cash at bank and in hand: 570,240 586,311
Total current assets: 785,523 764,273
Creditors: amounts falling due within one year:   (160,243) (167,707)
Net current assets (liabilities): 625,280 596,566
Total assets less current liabilities: 753,829 631,868
Provision for liabilities: (24,735) (6,707)
Total net assets (liabilities): 729,094 625,161
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 728,994 625,061
Shareholders funds: 729,094 625,161

The notes form part of these financial statements

HNC ELECTRICAL CONTRACTORS LTD

Balance sheet statements

For the year ending 30 September 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 September 2022
and signed on behalf of the board by:

Name: Mr A S Wright
Status: Director

The notes form part of these financial statements

HNC ELECTRICAL CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write of the cost or valuation of assets less their residual values over their useful lives on the following bases:Fixtures, fittings & equipment 15% reducing balanceComputer equipment 15% reducing balanceMotor Vehicles 25% reducing balance/25% straight line

HNC ELECTRICAL CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

2. Employees

2021 2020
Average number of employees during the period 5 5

HNC ELECTRICAL CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2021

3. Tangible Assets

Total
Cost £
At 01 October 2020 67,526
Additions 106,216
At 30 September 2021 173,742
Depreciation
At 01 October 2020 32,224
Charge for year 12,969
At 30 September 2021 45,193
Net book value
At 30 September 2021 128,549
At 30 September 2020 35,302