1 April 2023 false No description of principal activity Taxfiler 2024.5 05188583business:PrivateLimitedCompanyLtd2023-04-012024-03-31 051885832023-03-31 051885832023-04-012024-03-31 05188583business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 05188583business:FilletedAccounts2023-04-012024-03-31 051885832024-03-31 05188583business:Director12023-04-012024-03-31 05188583business:RegisteredOffice2023-04-012024-03-31 051885832023-03-31 05188583core:WithinOneYear2024-03-31 05188583core:WithinOneYear2023-03-31 05188583core:AfterOneYear2024-03-31 05188583core:AfterOneYear2023-03-31 05188583core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 05188583core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 05188583core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 05188583core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 05188583core:PreviouslyStatedAmount2024-03-31 05188583core:PreviouslyStatedAmount2023-03-31 05188583business:SmallEntities2023-04-012024-03-31 05188583countries:EnglandWales2023-04-012024-03-31 05188583core:PlantMachinery2023-04-012024-03-31 05188583core:MotorVehicles2023-04-012024-03-31 05188583core:PlantMachinery2023-03-31 05188583core:MotorVehicles2023-03-31 05188583core:PlantMachinery2024-03-31 05188583core:MotorVehicles2024-03-31 05188583core:MotorVehiclescore:LeasedAssetsHeldAsLessee2024-03-31 05188583core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-03-31 05188583business:OrdinaryShareClass12023-04-012024-03-31 05188583business:OrdinaryShareClass12022-04-012023-03-31 051885832022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05188583 (England and Wales)
Paul Hopkins Specialist Installations Limited Unaudited accounts for the year ended 31 March 2024
Paul Hopkins Specialist Installations Limited Unaudited accounts Contents
Page
- 2 -
Paul Hopkins Specialist Installations Limited Company Information for the year ended 31 March 2024
Director
P J Hopkins
Company Number
05188583 (England and Wales)
Registered Office
17 Lake Walk Adderbury Banbury Oxon OX17 3PF
Accountants
Andrew Donaldson 17 Lake Walk Adderbury Banbury Oxon OX17 3PF
- 3 -
Paul Hopkins Specialist Installations Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
46,890 
62,410 
Current assets
Debtors
698 
8,266 
Cash at bank and in hand
24,124 
39,020 
24,822 
47,286 
Creditors: amounts falling due within one year
(31,311)
(50,778)
Net current liabilities
(6,489)
(3,492)
Total assets less current liabilities
40,401 
58,918 
Creditors: amounts falling due after more than one year
(289)
(2,307)
Provisions for liabilities
Deferred tax
(8,909)
(11,858)
Net assets
31,203 
44,753 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
31,103 
44,653 
Shareholders' funds
31,203 
44,753 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 June 2024 and were signed on its behalf by
P J Hopkins Director Company Registration No. 05188583
- 4 -
Paul Hopkins Specialist Installations Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Paul Hopkins Specialist Installations Limited is a private company, limited by shares, registered in England and Wales, registration number 05188583. The registered office is 17 Lake Walk, Adderbury, Banbury, Oxon, OX17 3PF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
Paul Hopkins Specialist Installations Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
1,500 
75,095 
76,595 
At 31 March 2024
1,500 
75,095 
76,595 
Depreciation
At 1 April 2023
1,495 
12,690 
14,185 
Charge for the year
- 
15,520 
15,520 
At 31 March 2024
1,495 
28,210 
29,705 
Net book value
At 31 March 2024
5 
46,885 
46,890 
At 31 March 2023
5 
62,405 
62,410 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
18,775 
25,034 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,000 
Accrued income and prepayments
698 
2,581 
Other debtors
- 
685 
698 
8,266 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,897 
1,897 
Trade creditors
3,021 
4,813 
Taxes and social security
12,391 
12,828 
Loans from directors
11,060 
30,540 
Accruals
700 
700 
Deferred income
2,242 
- 
31,311 
50,778 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
289 
2,307 
- 6 -
Paul Hopkins Specialist Installations Limited Notes to the Accounts for the year ended 31 March 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Controlling party
The ultimate controlling party is P J Hopkins who owns 75% of the issued capital.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -