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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
Page
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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
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Hi Profile Custom Extrusions Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,252 
12,759 
Current assets
Inventories
112,500 
112,500 
Debtors
89,725 
130,081 
Cash at bank and in hand
295,417 
254,350 
497,642 
496,931 
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 
Capital and reserves
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
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Hi Profile Custom Extrusions Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 March 2024
1,246 
6,736 
270 
8,252 
At 31 March 2023
3,494 
8,981 
284 
12,759 
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Hi Profile Custom Extrusions Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
77,848 
118,685 
Accrued income and prepayments
11,877 
11,396 
89,725 
130,081 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
12,029 
39,266 
Taxes and social security
17,912 
24,582 
Other creditors
8,944 
- 
Accruals
1,504 
1,504 
40,389 
65,352 
7
Average number of employees
During the year the average number of employees was 4 (2023: 5).
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