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REGISTERED NUMBER: 04273764 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

High Voltage Design & Build Ltd.

High Voltage Design & Build Ltd. (Registered number: 04273764)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


High Voltage Design & Build Ltd.

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr Lee Anthony Smith
Mrs Joanne Margaret Smith





REGISTERED OFFICE: The Faraday Room
5 Doctors Place
Tisbury
SALISBURY
Wiltshire
SP3 6HS





REGISTERED NUMBER: 04273764 (England and Wales)





ACCOUNTANTS: Birkett & Co Ltd
186b Lower Blandford Road
Broadstone
Dorset
BH18 8DP

High Voltage Design & Build Ltd. (Registered number: 04273764)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 61,006 80,167

CURRENT ASSETS
Stocks 75,106 36,356
Debtors 5 268,967 136,672
Cash at bank 53,627 156,499
397,700 329,527
CREDITORS
Amounts falling due within one year 6 (150,752 ) (146,139 )
NET CURRENT ASSETS 246,948 183,388
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,954

263,555

CREDITORS
Amounts falling due after more than one year 7 (93,439 ) (69,000 )

PROVISIONS FOR LIABILITIES (15,252 ) (15,232 )
NET ASSETS 199,263 179,323

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 199,213 179,273
SHAREHOLDERS' FUNDS 199,263 179,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

High Voltage Design & Build Ltd. (Registered number: 04273764)

Balance Sheet - continued
31 August 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:




Mr Lee Anthony Smith - Director



Mrs Joanne Margaret Smith - Director


High Voltage Design & Build Ltd. (Registered number: 04273764)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

High Voltage Design & Build Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - 25% on cost
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

High Voltage Design & Build Ltd. (Registered number: 04273764)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 13,333 242,915 256,248
Additions - 1,175 1,175
At 31 August 2024 13,333 244,090 257,423
DEPRECIATION
At 1 September 2023 13,333 162,748 176,081
Charge for year - 20,336 20,336
At 31 August 2024 13,333 183,084 196,417
NET BOOK VALUE
At 31 August 2024 - 61,006 61,006
At 31 August 2023 - 80,167 80,167

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 241,927 107,214
Other debtors 27,040 29,458
268,967 136,672

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 45,536 61,351
Trade creditors 29,375 22,698
Taxation and social security 45,053 36,711
Other creditors 30,788 25,379
150,752 146,139

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 43,439 19,000
Other creditors 50,000 50,000
93,439 69,000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
Mr Lee Anthony Smith
Balance outstanding at start of year (14,873 ) (1,673 )
Amounts advanced 4,000 22,800
Amounts repaid - (36,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (10,873 ) (14,873 )

High Voltage Design & Build Ltd. (Registered number: 04273764)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs Joanne Margaret Smith
Balance outstanding at start of year (8,811 ) (1,699 )
Amounts advanced 16,000 46,888
Amounts repaid (25,312 ) (54,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (18,123 ) (8,811 )