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REGISTERED NUMBER: 03149512 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

HAMILTON ELECTRICAL SERVICES LIMITED

HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HAMILTON ELECTRICAL SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: M G Henshall
D Hamilton





REGISTERED OFFICE: 115 Chester Road
Sunderland
SR4 7HG





REGISTERED NUMBER: 03149512 (England and Wales)





ACCOUNTANTS: Robert Miller & Co.
Chartered Accountants
43a Front Street
Cleadon Village
Sunderland
SR6 7PG

HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 15,703 20,938

CURRENT ASSETS
Stocks 1,258 1,000
Debtors 4 41,536 47,860
Cash at bank and in hand 95,167 81,207
137,961 130,067
CREDITORS
Amounts falling due within one
year

5

80,499

83,253
NET CURRENT ASSETS 57,462 46,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,165

67,752

PROVISIONS FOR LIABILITIES 378 800
NET ASSETS 72,787 66,952

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 71,787 65,952
SHAREHOLDERS' FUNDS 72,787 66,952

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by:



M G Henshall - Director


HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. 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 each asset over its estimated useful life.
Plant and equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

3. TANGIBLE FIXED ASSETS
Plant and Motor Office
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 757 30,200 9,567 40,524
DEPRECIATION
At 1 April 2022 753 10,798 8,035 19,586
Charge for year 1 4,851 383 5,235
At 31 March 2023 754 15,649 8,418 24,821
NET BOOK VALUE
At 31 March 2023 3 14,551 1,149 15,703
At 31 March 2022 4 19,402 1,532 20,938

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 39,127 44,407
Other debtors 2,409 3,453
41,536 47,860

HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 15,407 10,170
Taxation and social security 25,863 25,439
Other creditors 39,229 47,644
80,499 83,253