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REGISTERED NUMBER: 03149512 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

HAMILTON ELECTRICAL SERVICES LIMITED

HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HAMILTON ELECTRICAL SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: M G Henshall
D Hamilton





REGISTERED OFFICE: 43a Front Street
Cleadon Village
Sunderland
SR6 7PG





REGISTERED NUMBER: 03149512 (England and Wales)





ACCOUNTANTS: Robert Miller & Co.
Chartered Accountants
43a Front Street
Cleadon Village
Sunderland
SR6 7PG

HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 12,819 15,703

CURRENT ASSETS
Stocks 1,413 1,258
Debtors 4 39,421 41,536
Cash at bank and in hand 120,619 95,167
161,453 137,961
CREDITORS
Amounts falling due within one
year

5

88,709

80,499
NET CURRENT ASSETS 72,744 57,462
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,563

73,165

PROVISIONS FOR LIABILITIES 378 378
NET ASSETS 85,185 72,787

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 84,185 71,787
SHAREHOLDERS' FUNDS 85,185 72,787

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:



M G Henshall - Director


HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. 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 each asset over its estimated useful life.
Plant and equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

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

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

3. TANGIBLE FIXED ASSETS
Plant and Motor Office
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 757 30,200 9,567 40,524
Additions - - 1,390 1,390
At 31 March 2024 757 30,200 10,957 41,914
DEPRECIATION
At 1 April 2023 754 15,649 8,418 24,821
Charge for year 1 3,638 635 4,274
At 31 March 2024 755 19,287 9,053 29,095
NET BOOK VALUE
At 31 March 2024 2 10,913 1,904 12,819
At 31 March 2023 3 14,551 1,149 15,703

HAMILTON ELECTRICAL SERVICES LIMITED (REGISTERED NUMBER: 03149512)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 37,842 39,127
Other debtors 1,579 2,409
39,421 41,536

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,698 15,407
Taxation and social security 36,148 25,863
Other creditors 37,863 39,229
88,709 80,499