H.T.B. ELECTRICAL CONTRACTORS LIMITED

Company Registration Number:
05175995 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

H.T.B. ELECTRICAL CONTRACTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

H.T.B. ELECTRICAL CONTRACTORS LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 38,992 28,672
Total fixed assets: 38,992 28,672
Current assets
Stocks: 94,439 110,251
Debtors:   59,681 192,881
Cash at bank and in hand: 100,478 149,768
Total current assets: 254,598 452,900
Creditors: amounts falling due within one year: 4 (150,642) (142,710)
Net current assets (liabilities): 103,956 310,190
Total assets less current liabilities: 142,948 338,862
Total net assets (liabilities): 142,948 338,862
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 142,848 338,762
Shareholders funds: 142,948 338,862

The notes form part of these financial statements

H.T.B. ELECTRICAL CONTRACTORS LIMITED

Balance sheet statements

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.

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 31 July 2024
and signed on behalf of the board by:

Name: MRS.A.HIXON
Status: Director

The notes form part of these financial statements

H.T.B. ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

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 measured at the fair value of the consideration received or receivable and represents goods supplied or services rendered, stated net of value added tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:Plant and machinery - 15% reducing balance Fixtures & fittings - 15% reducing balanceMotor vehicles - 25% reducing balance

H.T.B. ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 13 14

H.T.B. ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 254,647
Additions 19,563
At 31 October 2023 274,210
Depreciation
At 01 November 2022 225,975
Charge for year 9,243
At 31 October 2023 235,218
Net book value
At 31 October 2023 38,992
At 31 October 2022 28,672

H.T.B. ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

Trade creditors - £53610Other taxation and social security - £7467Directors current accounts - £57894Other creditors - £31671