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Company Registration No. 8099577 (England and Wales)
HV Cable Systems Limited Unaudited accounts for the year ended 30 June 2024
HV Cable Systems Limited Unaudited accounts Contents
Page
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HV Cable Systems Limited Company Information for the year ended 30 June 2024
Directors
Paul Victor Haines Christopher Julian Hamer
Company Number
8099577 (England and Wales)
Registered Office
20, 1st Floor Chapel Street Liverpool Merseyside L3 9AG UK
Accountants
Oakes Accounting Ltd 37 Meadowcroft Heswall Wirral CH60 1UT
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HV Cable Systems Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,960 
39,218 
Current assets
Debtors
180,263 
222,893 
Cash at bank and in hand
2,081,881 
979,589 
2,262,144 
1,202,482 
Creditors: amounts falling due within one year
(1,770,440)
(861,799)
Net current assets
491,704 
340,683 
Total assets less current liabilities
517,664 
379,901 
Creditors: amounts falling due after more than one year
(20,000)
(30,000)
Provisions for liabilities
Other provisions
(68,397)
(68,397)
Net assets
429,267 
281,504 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
429,265 
281,502 
Shareholders' funds
429,267 
281,504 
For the year ending 30 June 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 24 March 2025 and were signed on its behalf by
Christopher Julian Hamer Director Company Registration No. 8099577
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HV Cable Systems Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
HV Cable Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 8099577. The registered office is 20, 1st Floor, Chapel Street, Liverpool, Merseyside, L3 9AG, UK.
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
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 30 June 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Motor vehicles
25%
Computer equipment
33%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
51,898 
862 
52,760 
At 30 June 2024
51,898 
862 
52,760 
Depreciation
At 1 July 2023
12,974 
568 
13,542 
Charge for the year
12,974 
284 
13,258 
At 30 June 2024
25,948 
852 
26,800 
Net book value
At 30 June 2024
25,950 
10 
25,960 
At 29 June 2023
38,924 
294 
39,218 
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HV Cable Systems Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
42,107 
Trade debtors
- 
523 
Accrued income and prepayments
180,263 
180,263 
180,263 
222,893 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
339,224 
- 
Trade creditors
107,894 
92,085 
Taxes and social security
69,023 
31,491 
Other creditors
10,868 
10,868 
Loans from directors
92,602 
90,602 
Accruals
1,500 
1,350 
Deferred income
1,149,329 
635,403 
1,770,440 
861,799 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,000 
30,000 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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