Company Registration No. 13461060 (England and Wales)
Hohm Rewire Ltd
Unaudited accounts
for the year ended 30 June 2024
Hohm Rewire Ltd
Unaudited accounts
Contents
Hohm Rewire Ltd
Company Information
for the year ended 30 June 2024
Directors
J Gowing
B Pitney
H Field
Company Number
13461060 (England and Wales)
Registered Office
2 KINGSWOOD CLOSE
WHITELEY
FAREHAM
PO15 7GH
ENGLAND
Accountants
N L Accounting (South West) Ltd
Unit 7, Town Farm Workshops
Sixpenny Handley
Salisbury
Wiltshire
SP5 5PA
Hohm Rewire Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
16,748
20,659
Cash at bank and in hand
17,032
18,918
Creditors: amounts falling due within one year
(50,282)
(56,002)
Net current liabilities
(10,748)
(17,972)
Called up share capital
3
3
Profit and loss account
5,997
2,684
Shareholders' funds
6,000
2,687
For the year ending 30 June 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 1 August 2024 and were signed on its behalf by
J Gowing
Director
Company Registration No. 13461060
Hohm Rewire Ltd
Notes to the Accounts
for the year ended 30 June 2024
Hohm Rewire Ltd is a private company, limited by shares, registered in England and Wales, registration number 13461060. The registered office is 2 KINGSWOOD CLOSE, WHITELEY, FAREHAM, PO15 7GH, ENGLAND.
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.
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.
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:
Motor vehicles
20% Reducing Balance
Computer equipment
25% Straight Line
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Hohm Rewire Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
26,000
-
449
26,449
At 30 June 2024
26,000
291
449
26,740
At 1 July 2023
5,566
-
224
5,790
Charge for the year
4,090
-
112
4,202
At 30 June 2024
9,656
-
336
9,992
At 30 June 2024
16,344
291
113
16,748
At 30 June 2023
20,434
-
225
20,659
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
24,832
18,554
Taxes and social security
10,973
710
Loans from directors
18,084
34,551
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).