HI-TEC CONTROLS LIMITED

Company Registration Number:
03026488 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

HI-TEC CONTROLS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

HI-TEC CONTROLS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 25,305 33,740
Total fixed assets: 25,305 33,740
Current assets
Debtors:   400,501 356,298
Cash at bank and in hand: 1,426,538 1,641,266
Total current assets: 1,827,039 1,997,564
Creditors: amounts falling due within one year: 4 (463,250) (571,525)
Net current assets (liabilities): 1,363,789 1,426,039
Total assets less current liabilities: 1,389,094 1,459,779
Total net assets (liabilities): 1,389,094 1,459,779
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,388,994 1,459,679
Shareholders funds: 1,389,094 1,459,779

The notes form part of these financial statements

HI-TEC CONTROLS LIMITED

Balance sheet statements

For the year ending 28 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 January 2025
and signed on behalf of the board by:

Name: Mrs K A McCorkell
Status: Director

The notes form part of these financial statements

HI-TEC CONTROLS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

HI-TEC CONTROLS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

HI-TEC CONTROLS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 221,473
At 28 February 2024 221,473
Depreciation
At 01 March 2023 187,733
Charge for year 8,435
At 28 February 2024 196,168
Net book value
At 28 February 2024 25,305
At 28 February 2023 33,740

HI-TEC CONTROLS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due within one year note

Trade Creditors 56,760 Tax and Social security costs 17,003 Other Creditors 389,487