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REGISTERED NUMBER: 04273764 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

High Voltage Design & Build Ltd.

High Voltage Design & Build Ltd. (Registered number: 04273764)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


High Voltage Design & Build Ltd.

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr Lee Anthony Smith
Mrs Joanne Margaret Smith





REGISTERED OFFICE: The Faraday Room
5 Doctors Place
Tisbury
SALISBURY
Wilstshire
SP3 6HS





REGISTERED NUMBER: 04273764 (England and Wales)





ACCOUNTANTS: Birkett & Co Ltd
186b Lower Blandford Road
Broadstone
Dorset
BH18 8DP

High Voltage Design & Build Ltd. (Registered number: 04273764)

Balance Sheet
31 August 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 80,167 102,900

CURRENT ASSETS
Stocks 36,356 127,488
Debtors 5 136,672 83,346
Cash at bank 156,499 25,241
329,527 236,075
CREDITORS
Amounts falling due within one year 6 (146,139 ) (47,375 )
NET CURRENT ASSETS 183,388 188,700
TOTAL ASSETS LESS CURRENT
LIABILITIES

263,555

291,600

CREDITORS
Amounts falling due after more than
one year

7

(69,000

)

(59,563

)

PROVISIONS FOR LIABILITIES (15,232 ) (19,551 )
NET ASSETS 179,323 212,486

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 179,273 212,436
SHAREHOLDERS' FUNDS 179,323 212,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

High Voltage Design & Build Ltd. (Registered number: 04273764)

Balance Sheet - continued
31 August 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:




Mr Lee Anthony Smith - Director



Mrs Joanne Margaret Smith - Director


High Voltage Design & Build Ltd. (Registered number: 04273764)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

High Voltage Design & Build 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 the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - 25% on cost
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

High Voltage Design & Build Ltd. (Registered number: 04273764)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2022 13,333 238,926 252,259
Additions - 3,989 3,989
At 31 August 2023 13,333 242,915 256,248
DEPRECIATION
At 1 September 2022 13,333 136,026 149,359
Charge for year - 26,722 26,722
At 31 August 2023 13,333 162,748 176,081
NET BOOK VALUE
At 31 August 2023 - 80,167 80,167
At 31 August 2022 - 102,900 102,900

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 107,214 72,585
Other debtors 29,458 10,761
136,672 83,346

High Voltage Design & Build Ltd. (Registered number: 04273764)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 61,351 19,850
Trade creditors 22,698 21,165
Taxation and social security 36,711 1,129
Other creditors 25,379 5,231
146,139 47,375

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 19,000 9,563
Other creditors 50,000 50,000
69,000 59,563

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
Mr Lee Anthony Smith
Balance outstanding at start of year (1,673 ) (16,961 )
Amounts advanced 22,800 25,688
Amounts repaid (36,000 ) (10,400 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14,873 ) (1,673 )

Mrs Joanne Margaret Smith
Balance outstanding at start of year (1,699 ) (15,099 )
Amounts advanced 46,888 29,000
Amounts repaid (54,000 ) (15,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (8,811 ) (1,699 )