Registered Number:07799522 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2023
Hadgraft Electricals Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Hadgraft Electricals Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
26,328
31,794
2
26,328
31,794
9,300
9,000
3
Trade and other receivables |
123,984
287,406
4
8,036
Cash and cash equivalents |
18,406
314,812
141,320
Trade and other payables: amounts falling due within one |
year |
(98,559)
(209,828)
5
42,761
104,984
Net current assets
Total assets less current liabilities |
131,312
74,555
Trade and other payables: amounts falling due after more |
than one year |
(43,350)
(24,221)
6
(6,000)
(6,000)
Provisions for liabilities |
101,091
Net assets
25,205
1
1
101,090
25,204
101,091
25,205
Shareholders' funds
For the year ended 31 October 2023 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 30 October 2024 and were signed by: |
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For the year ended 31 October 2023
Hadgraft Electricals Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 October 2023
Hadgraft Electricals Ltd
Notes to the Financial Statements
Statutory Information
Hadgraft Electricals Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 07799522. |
Higher Hodgefield House
Whalley Old Rd
Billington
Clitheroe
BB7 9JE
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 October 2023
Hadgraft Electricals Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
73,008
-
1,340
23,999
47,669
1,116
1,116
-
-
-
23,999
1,340
1,116
74,124
47,669
Provision for depreciation and impairment |
41,214
-
268
8,640
32,306
Charge for year
6,582
223
214
3,072
3,073
47,796
223
482
11,712
35,379
12,290
12,287
858
893
26,328
15,363
15,359
1,072
-
31,794
2022
2023
9,000
9,300
4. Trade and other receivables |
2022
2023
283,751
95,720
3,655
28,264
123,984
287,406
5. Trade and other payables: amounts falling due within one year |
2022
2023
10,776
10,896
109,205
61,541
Taxation and social security |
62,079
11,485
27,768
14,637
209,828
98,559
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For the year ended 31 October 2023
Hadgraft Electricals Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
15,054
24,934
9,167
18,416
24,221
43,350
7. Average number of persons employed |
During the year the average number of employees was 11 (2022 : 8)
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