Company Registration No. 14092072 (England and Wales)
H-Elecz Ltd
Abridged Accounts
for the year ended 31 May 2024
H-Elecz Ltd
Abridged Accounts
Contents
H-Elecz Ltd
Company Information
for the year ended 31 May 2024
Company Number
14092072 (England and Wales)
Registered Office
Dol Erw
Rhewl
Ruthin
LL15 2UD
Wales
Accountants
3D Accountancy Ltd
Tyn y Celyn
Cyffylliog
Ruthin
Denbighshire
LL15 2BT
H-Elecz Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
3,047
4,970
Cash at bank and in hand
2
476
Creditors: amounts falling due within one year
(4,743)
(3,930)
Net current liabilities
(238)
(927)
Called up share capital
1
1
Profit and loss account
2,808
4,042
Shareholders' funds
2,809
4,043
For the year ending 31 May 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 11 August 2024 and were signed on its behalf by
Mr Harri Owen
Director
Company Registration No. 14092072
H-Elecz Ltd
Notes to the Accounts
for the year ended 31 May 2024
H-Elecz Ltd is a private company, limited by shares, registered in England and Wales, registration number 14092072. The registered office is Dol Erw, Rhewl, Ruthin, LL15 2UD, Wales.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Remaining Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
1,300
3,000
2,780
7,080
At 31 May 2024
1,300
3,000
2,780
7,080
At 1 June 2023
433
750
927
2,110
Charge for the year
433
563
927
1,923
At 31 May 2024
866
1,313
1,854
4,033
At 31 May 2024
434
1,687
926
3,047
At 31 May 2023
867
2,250
1,853
4,970
H-Elecz Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,683
1,981
Loans from directors
210
1,199
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).