Company Registration No. 05012140 (England and Wales)
Hi Profile Custom Extrusions Limited
Unaudited accounts
for the year ended 31 March 2024
Hi Profile Custom Extrusions Limited
Unaudited accounts
Contents
Hi Profile Custom Extrusions Limited
Company Information
for the year ended 31 March 2024
Directors
Mrs IN Griffiths
Mr MH Bedwell
Secretary
Mrs IN Griffiths
Company Number
05012140 (England and Wales)
Registered Office
Units 2 & 3 Site 8A Weststone
Berry Hill Industrial Estate
Worcestershire
WR9 9AS
Accountants
The Practice - Chartered Management Accountants
2 New Street
Ledbury
Herefordshire
HR8 2DX
Hi Profile Custom Extrusions Limited
Statement of financial position
as at 31 March 2024
Tangible assets
8,252
12,759
Inventories
112,500
112,500
Cash at bank and in hand
295,417
254,350
Creditors: amounts falling due within one year
(40,389)
(65,352)
Net current assets
457,253
431,579
Total assets less current liabilities
465,505
444,338
Provisions for liabilities
Deferred tax
(1,361)
(2,218)
Net assets
464,144
442,120
Called up share capital
57
57
Capital redemption reserve
(109,828)
(109,828)
Profit and loss account
573,915
551,891
Shareholders' funds
464,144
442,120
For the year ending 31 March 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 19 September 2024 and were signed on its behalf by
Mrs IN Griffiths
Director
Company Registration No. 05012140
Hi Profile Custom Extrusions Limited
Notes to the Accounts
for the year ended 31 March 2024
Hi Profile Custom Extrusions Limited is a private company, limited by shares, registered in England and Wales, registration number 05012140. The registered office is Units 2 & 3 Site 8A Weststone, Berry Hill Industrial Estate, Worcestershire, WR9 9AS.
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.
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:
Plant & machinery
25% of cost and 10% of written down
Motor vehicles
25% of written down value
Computer equipment
25% of cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
44,583
34,568
1,624
80,775
At 31 March 2024
44,583
34,568
1,624
80,775
At 1 April 2023
41,089
25,587
1,340
68,016
Charge for the year
2,248
2,245
14
4,507
At 31 March 2024
43,337
27,832
1,354
72,523
At 31 March 2024
1,246
6,736
270
8,252
At 31 March 2023
3,494
8,981
284
12,759
Hi Profile Custom Extrusions Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
77,848
118,685
Accrued income and prepayments
11,877
11,396
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
12,029
39,266
Taxes and social security
17,912
24,582
7
Average number of employees
During the year the average number of employees was 4 (2023: 5).