12 May 2023 false No description of principal activity Taxfiler 2024.5 14865894business:PrivateLimitedCompanyLtd2023-05-122024-03-31 148658942023-05-11 148658942023-05-122024-03-31 14865894business:AuditExemptWithAccountantsReport2023-05-122024-03-31 14865894business:FilletedAccounts2023-05-122024-03-31 148658942024-03-31 14865894business:Director12023-05-122024-03-31 14865894business:Director22023-05-122024-03-31 14865894business:RegisteredOffice2023-05-122024-03-31 14865894core:WithinOneYear2024-03-31 14865894core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14865894core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14865894core:PreviouslyStatedAmount2024-03-31 14865894business:SmallEntities2023-05-122024-03-31 14865894countries:EnglandWales2023-05-122024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14865894 (England and Wales)
Hi Tech Welding Ltd Unaudited accounts for the period from 12 May 2023 to 31 March 2024
Hi Tech Welding Ltd Unaudited accounts Contents
Page
- 2 -
Hi Tech Welding Ltd Company Information for the period from 12 May 2023 to 31 March 2024
Directors
Mr C Anderson Mrs D Anderson
Company Number
14865894 (England and Wales)
Registered Office
12a Harts Farm Way Havant Hampshire PO9 1HU
Accountants
Babcock Tax & Accountancy Services Ltd The Florins, 8 Lulworth Close Hayling Island Hampshire PO11 0NY
- 3 -
Hi Tech Welding Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Current assets
Debtors
541 
Cash at bank and in hand
63,691 
64,232 
Creditors: amounts falling due within one year
(39,515)
Net current assets
24,717 
Net assets
24,717 
Capital and reserves
Called up share capital
2 
Profit and loss account
24,715 
Shareholders' funds
24,717 
For the period 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 directors acknowledge their 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 of Directors and authorised for issue on 7 October 2024 and were signed on its behalf by
Mr C Anderson Director Company Registration No. 14865894
- 4 -
Hi Tech Welding Ltd Notes to the Accounts for the period from 12 May 2023 to 31 March 2024
1
Statutory information
Hi Tech Welding Ltd is a private company, limited by shares, registered in England and Wales, registration number 14865894. The registered office is 12a Harts Farm Way, Havant, Hampshire, PO9 1HU.
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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
541 
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
4,010 
Trade creditors
275 
Taxes and social security
6,429 
Other creditors
27,881 
Accruals
920 
39,515 
6
Average number of employees
During the period the average number of employees was 2.
- 5 -