THOMAS HALLIWELL LIMITED

Company Registration Number:
08393227 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

THOMAS HALLIWELL LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THOMAS HALLIWELL LIMITED

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal activities of the company

Electrical contractors



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 29 February 2024

LEE DAVID THOMAS
JONATHAN GUY HALLIWELL


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 November 2024

And signed on behalf of the board by:
Name: JONATHAN GUY HALLIWELL
Status: Director

THOMAS HALLIWELL LIMITED

Profit And Loss Account

for the Period Ended 29 February 2024

2024 2023


£

£
Turnover: 2,324,519 3,128,919
Cost of sales: ( 1,466,195 ) ( 2,215,259 )
Gross profit(or loss): 858,324 913,660
Administrative expenses: ( 817,051 ) ( 751,117 )
Operating profit(or loss): 41,273 162,543
Interest receivable and similar income: 3
Interest payable and similar charges: ( 4,547 ) ( 1,672 )
Profit(or loss) before tax: 36,729 160,871
Tax: 31,688 ( 33,480 )
Profit(or loss) for the financial year: 68,417 127,391

THOMAS HALLIWELL LIMITED

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 133,140 144,225
Total fixed assets: 133,140 144,225
Current assets
Stocks: 4 53,437 102,356
Debtors: 5 265,269 204,035
Cash at bank and in hand: 344,557 285,965
Total current assets: 663,263 592,356
Creditors: amounts falling due within one year: 6 ( 249,857 ) ( 237,037 )
Net current assets (liabilities): 413,406 355,319
Total assets less current liabilities: 546,546 499,544
Creditors: amounts falling due after more than one year: 7 ( 63,689 ) ( 83,452 )
Provision for liabilities: ( 19,421 ) ( 21,073 )
Total net assets (liabilities): 463,436 395,019
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 463,336 394,919
Total Shareholders' funds: 463,436 395,019

The notes form part of these financial statements

THOMAS HALLIWELL LIMITED

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: LEE DAVID THOMAS
Status: Director

The notes form part of these financial statements

THOMAS HALLIWELL LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

THOMAS HALLIWELL LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 10

THOMAS HALLIWELL LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 23,194 67,789 36,333 110,840 238,156
Additions 2,969 7,075 13,613 704 24,361
Disposals ( 9,250 ) ( 9,250 )
Revaluations
Transfers
At 29 February 2024 26,163 74,864 49,946 102,294 253,267
Depreciation
At 1 March 2023 13,043 18,934 20,684 41,270 93,931
Charge for year 1,927 11,187 5,852 13,449 32,415
On disposals ( 6,219 ) ( 6,219 )
Other adjustments
At 29 February 2024 14,970 30,121 26,536 48,500 120,127
Net book value
At 29 February 2024 11,193 44,743 23,410 53,794 133,140
At 28 February 2023 10,151 48,855 15,649 69,570 144,225

THOMAS HALLIWELL LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Stocks

2024 2023
£ £
Stocks 53,437 102,356
Total 53,437 102,356

THOMAS HALLIWELL LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Debtors

2024 2023
£ £
Trade debtors 256,276 185,396
Other debtors 8,993 18,639
Total 265,269 204,035

THOMAS HALLIWELL LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 73,317 133,416
Taxation and social security 78,403 33,150
Accruals and deferred income 3,000 24,013
Other creditors 95,137 46,458
Total 249,857 237,037

THOMAS HALLIWELL LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 22,500 32,500
Amounts due under finance leases and hire purchase contracts 41,189 50,952
Total 63,689 83,452