HOPKINS YOUNG ELECTRICAL LIMITED

Company Registration Number:
03703915 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

HOPKINS YOUNG ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 137,059 200,296
Total fixed assets: 137,059 200,296
Current assets
Stocks: 4,832 4,602
Debtors:   1,837,213 1,556,164
Cash at bank and in hand: 289,245 298,095
Total current assets: 2,131,290 1,858,861
Creditors: amounts falling due within one year:   (1,434,934) (1,193,178)
Net current assets (liabilities): 696,356 665,683
Total assets less current liabilities: 833,415 865,979
Creditors: amounts falling due after more than one year:   (470,786) (368,764)
Total net assets (liabilities): 362,629 497,215
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 362,429 497,015
Shareholders funds: 362,629 497,215

The notes form part of these financial statements

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet statements

For the year ending 31 August 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 30 December 2024
and signed on behalf of the board by:

Name: Mr D Warren
Status: Director

The notes form part of these financial statements

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 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

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 49 49

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 September 2023 424,011
Additions 14,676
At 31 August 2024 438,687
Depreciation
At 01 September 2023 223,715
Charge for year 77,913
At 31 August 2024 301,628
Net book value
At 31 August 2024 137,059
At 31 August 2023 200,296