Silverfin false false 30/11/2023 01/12/2022 30/11/2023 Mr B Hobart 24/06/2024 Mrs C Hobart 01/10/2016 Mr J Hobart 07/09/1999 30 August 2024 The principal activity of the Company during the financial year was that of provision of domestic plumbing and heating services. 03837460 2023-11-30 03837460 bus:Director1 2023-11-30 03837460 bus:Director2 2023-11-30 03837460 bus:Director3 2023-11-30 03837460 2022-11-30 03837460 core:CurrentFinancialInstruments 2023-11-30 03837460 core:CurrentFinancialInstruments 2022-11-30 03837460 core:ShareCapital 2023-11-30 03837460 core:ShareCapital 2022-11-30 03837460 core:RetainedEarningsAccumulatedLosses 2023-11-30 03837460 core:RetainedEarningsAccumulatedLosses 2022-11-30 03837460 core:PlantMachinery 2022-11-30 03837460 core:FurnitureFittings 2022-11-30 03837460 core:OfficeEquipment 2022-11-30 03837460 core:PlantMachinery 2023-11-30 03837460 core:FurnitureFittings 2023-11-30 03837460 core:OfficeEquipment 2023-11-30 03837460 core:FurtherRelatedPartyRelationshipType2ComponentAllOtherRelatedParties core:CurrentFinancialInstruments 2023-11-30 03837460 core:FurtherRelatedPartyRelationshipType2ComponentAllOtherRelatedParties core:CurrentFinancialInstruments 2022-11-30 03837460 bus:OrdinaryShareClass1 2023-11-30 03837460 2022-12-01 2023-11-30 03837460 bus:FilletedAccounts 2022-12-01 2023-11-30 03837460 bus:SmallEntities 2022-12-01 2023-11-30 03837460 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 03837460 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 03837460 bus:Director1 2022-12-01 2023-11-30 03837460 bus:Director2 2022-12-01 2023-11-30 03837460 bus:Director3 2022-12-01 2023-11-30 03837460 core:PlantMachinery core:TopRangeValue 2022-12-01 2023-11-30 03837460 core:FurnitureFittings core:TopRangeValue 2022-12-01 2023-11-30 03837460 core:OfficeEquipment core:TopRangeValue 2022-12-01 2023-11-30 03837460 2021-12-01 2022-11-30 03837460 core:PlantMachinery 2022-12-01 2023-11-30 03837460 core:FurnitureFittings 2022-12-01 2023-11-30 03837460 core:OfficeEquipment 2022-12-01 2023-11-30 03837460 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 03837460 bus:OrdinaryShareClass1 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03837460 (England and Wales)

HOBART HEATING AND ELECTRICAL LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2023
Pages for filing with the registrar

HOBART HEATING AND ELECTRICAL LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2023

Contents

HOBART HEATING AND ELECTRICAL LIMITED

COMPANY INFORMATION

For the financial year ended 30 November 2023
HOBART HEATING AND ELECTRICAL LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 November 2023
DIRECTORS Mr B Hobart (Appointed 24 June 2024)
Mrs C Hobart
Mr J Hobart
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 03837460 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
HOBART HEATING AND ELECTRICAL LIMITED

BALANCE SHEET

As at 30 November 2023
HOBART HEATING AND ELECTRICAL LIMITED

BALANCE SHEET (continued)

As at 30 November 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 926 1,351
926 1,351
Current assets
Stocks 2,000 2,000
Debtors 4 112,666 116,495
Cash at bank and in hand ( 7,749) ( 2,774)
106,917 115,721
Creditors: amounts falling due within one year 5 ( 37,113) ( 32,424)
Net current assets 69,804 83,297
Total assets less current liabilities 70,730 84,648
Net assets 70,730 84,648
Capital and reserves
Called-up share capital 6 2 2
Profit and loss account 70,728 84,646
Total shareholders' funds 70,730 84,648

For the financial year ending 30 November 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Hobart Heating and Electrical Limited (registered number: 03837460) were approved and authorised for issue by the Board of Directors on 30 August 2024. They were signed on its behalf by:

Mr J Hobart
Director
HOBART HEATING AND ELECTRICAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
HOBART HEATING AND ELECTRICAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Hobart Heating and Electrical Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax. The company recognises revenue based on its value of the service provided to date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery 5 years straight line
Fixtures and fittings 4 years straight line
Office equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Plant and machinery Fixtures and fittings Office equipment Total
£ £ £ £
Cost
At 01 December 2022 8,879 1,245 3,970 14,094
At 30 November 2023 8,879 1,245 3,970 14,094
Accumulated depreciation
At 01 December 2022 8,533 982 3,228 12,743
Charge for the financial year 113 65 247 425
At 30 November 2023 8,646 1,047 3,475 13,168
Net book value
At 30 November 2023 233 198 495 926
At 30 November 2022 346 263 742 1,351

4. Debtors

2023 2022
£ £
Trade debtors 14,102 0
Amounts owed by connected companies 91,384 90,361
VAT recoverable 4,680 23,634
Other debtors 2,500 2,500
112,666 116,495

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 2,235 1,720
Amounts owed to directors 32,998 28,348
Accruals 1,450 1,300
Taxation and social security 430 1,056
37,113 32,424

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2