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Company registration number: 07821459
HAI Electrical Ltd
Unaudited filleted financial statements
31 October 2023
HAI Electrical Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
HAI Electrical Ltd
Directors and other information
Directors Michael Sanderson
Company number 07821459
Registered office Exchange Building
66 Church Street
Hartlepool
TS24 7DN
Accountants Censis
Exchange Building
66 Church Street
Hartlepool
TS24 7DN
HAI Electrical Ltd
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of HAI Electrical Ltd
Year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of HAI Electrical Ltd for the year ended 31 October 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of HAI Electrical Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of HAI Electrical Ltd and state those matters that we have agreed to state to the board of directors of HAI Electrical Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HAI Electrical Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that HAI Electrical Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of HAI Electrical Ltd. You consider that HAI Electrical Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of HAI Electrical Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Censis
Chartered Accountants
Exchange Building
66 Church Street
Hartlepool
TS24 7DN
29 July 2024
HAI Electrical Ltd
Statement of financial position
31 October 2023
2023 2022
£ £
Current assets 37,812 53,365
Creditors: amounts falling due within one year ( 26,375) ( 34,733)
_______ _______
Net current assets 11,437 18,632
_______ _______
Total assets less current liabilities 11,437 18,632
Creditors: amounts falling due after more than one year ( 9,591) ( 10,097)
Accruals and deferred income ( 1,344) ( 3,382)
_______ _______
Net assets 502 5,153
_______ _______
Capital and reserves 502 5,153
_______ _______
Notes to the financial statements
HAI Electrical Ltd
Year ended 31 October 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Michael Sanderson 28,224 ( 8,513) 19,711
_______ _______ _______
2022
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Michael Sanderson 27,079 1,145 28,224
_______ _______ _______
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 29 July 2024 , and are signed on behalf of the board by:
Michael Sanderson
Director
Company registration number: 07821459
The company is a private company limited by shares, registered in England & Wales.