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
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
HV Cable Systems Limited
Statement of financial position
as at 30 June 2024
Tangible assets
25,960
39,218
Cash at bank and in hand
2,081,881
979,589
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
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
HV Cable Systems Limited
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
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
At 30 June 2024
25,950
10
25,960
At 29 June 2023
38,924
294
39,218
HV Cable Systems Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
180,263
180,263
6
Creditors: amounts falling due within one year
2024
2023
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
Deferred income
1,149,329
635,403
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).