HECTOR'S ELECTRICS LTD

Company Registration Number:
09270070 (England and Wales)

Unaudited micro entity accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

HECTOR'S ELECTRICS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

HECTOR'S ELECTRICS LTD

Company Information

for the Period Ended 31 October 2023




Director: C.W.Hector
K.Hector
Registered office: 32 Washford Road
Hilton
Derby
DE65 5HN
Company Registration Number: 09270070 (England and Wales)

HECTOR'S ELECTRICS LTD

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

The companies principal activity during the period was the supply and installation of Solar Panels and Battery Storage.

Additional information

I am pleased to present our annual director's report, highlighting the remarkable strides our company has made in the realm of renewable energy, specifically in the installation of solar panels. Over the past year, we have witnessed significant progress and success in this pivotal area of our operations. Market Expansion and Demand: The global shift towards renewable energy sources, coupled with increasing environmental consciousness, has created a burgeoning demand for solar energy solutions. Our company has capitalised on this trend by strategically positioning ourselves as a leading provider of solar panel installations. Through targeted marketing efforts and strategic partnerships, we have successfully expanded our market presence and captured a considerable share of the growing solar energy market. Technical Expertise and Innovation: Our commitment to technical excellence and innovation remains unwavering. We have invested heavily in research and development to enhance the efficiency and reliability of our solar panel systems. By leveraging cutting-edge technology and employing best practices in installation techniques, we have ensured that our customers receive top-tier solutions that deliver optimal performance and longevity. Quality Assurance and Customer Satisfaction: At the heart of our operations lies a steadfast commitment to quality assurance and customer satisfaction. We adhere to rigorous quality standards throughout every stage of the installation process, from initial consultation to post-installation maintenance. Our team of skilled technicians and engineers are dedicated to delivering superior craftsmanship and personalised service, ensuring that each customer's unique needs and preferences are met with utmost care and attention. Environmental Impact and Sustainability: As stewards of the environment, we recognise the profound impact of our operations on the planet. By promoting the adoption of solar energy, we are contributing to the reduction of greenhouse gas emissions and mitigating the harmful effects of climate change. Through our efforts, we are helping to build a more sustainable future for generations to come. Financial Performance and Growth Prospects: Our foray into the solar energy sector has not only bolstered our corporate social responsibility initiatives but has also yielded positive financial returns. The revenue generated from solar panel installations has significantly contributed to our bottom line, positioning us for sustained growth and profitability in the years ahead. With a robust pipeline of projects and a strong foothold in the renewable energy market, we are poised to capitalise on emerging opportunities and drive continued success for our company and shareholders alike. In conclusion, I am immensely proud of the achievements we have made in advancing our company's mission of providing innovative energy solutions that benefit both our customers and the planet. As we look to the future, I am confident that our unwavering commitment to excellence and sustainability will propel us to even greater heights of success. C.W.Hector Director Hector's Electrics Ltd

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
C.W.Hector
K.Hector

This report was approved by the board of directors on 4 February 2024
And Signed On Behalf Of The Board By:

Name: C.W.Hector
Status: Director

HECTOR'S ELECTRICS LTD

Balance sheet

As at 31 October 2023


2023
£

2022
£
Called up share capital not paid: 2 3
Fixed Assets: 2,047 2,645
Current assets: 29,244 20,442
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 32,816 ) ( 61,015 )
Net current assets (liabilities): ( 3,572 ) ( 40,573 )
Total assets less current liabilities: ( 1,523 ) ( 37,925 )
Creditors: amounts falling due after more than one year: ( 20,617 ) ( 27,979 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 22,140 ) ( 65,904 )
Capital and reserves: ( 22,140 ) ( 65,904 )

HECTOR'S ELECTRICS LTD

Balance sheet continued

For the year ending 31 October 2023 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.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 4 February 2024
And Signed On Behalf Of The Board By:

Name: C.W.Hector
Status: Director

The notes form part of these financial statements

HECTOR'S ELECTRICS LTD

Footnotes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Employee Information

    Average number of employees: 5

HECTOR'S ELECTRICS LTD

Footnotes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Off balance sheet disclosure

    No