2023-10-01 04080598 2024-09-30 04080598 2023-10-01 2024-09-30 04080598 2023-09-30 04080598 2022-10-01 2023-09-30 04080598 uk-core:WithinOneYear 2023-09-30 04080598 uk-core:WithinOneYear 2024-09-30 04080598 uk-core:AfterOneYear 2023-09-30 04080598 uk-core:AfterOneYear 2024-09-30 04080598 uk-core:ShareCapital 2024-09-30 04080598 uk-core:ShareCapital 2023-09-30 04080598 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 04080598 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 04080598 uk-bus:Director1 2023-10-01 2024-09-30 04080598 uk-core:Buildings 2023-10-01 2024-09-30 04080598 uk-core:PlantMachinery 2023-10-01 2024-09-30 04080598 uk-core:OfficeEquipment 2023-10-01 2024-09-30 04080598 uk-core:CommercialMotorVehicles 2023-10-01 2024-09-30 04080598 uk-core:LeaseholdImprovements 2023-10-01 2024-09-30 04080598 uk-core:LeaseholdImprovements 2023-09-30 04080598 uk-core:CommercialMotorVehicles 2023-09-30 04080598 uk-core:PlantMachinery 2023-09-30 04080598 uk-core:Buildings 2023-09-30 04080598 uk-core:PlantMachinery 2024-09-30 04080598 uk-core:CommercialMotorVehicles 2024-09-30 04080598 uk-core:LeaseholdImprovements 2024-09-30 04080598 uk-core:Buildings 2024-09-30 04080598 uk-core:WithinOneYear 2024-09-30 04080598 uk-core:WithinOneYear 2023-09-30 04080598 uk-core:WithinOneYear 2023-10-01 2024-09-30 04080598 uk-core:AfterOneYear uk-core:Secured 2024-09-30 04080598 uk-core:AfterOneYear uk-core:Secured 2023-09-30 04080598 1 uk-bus:Director1 2023-10-01 2024-09-30 04080598 1 uk-bus:Director1 2024-09-30 04080598 1 uk-bus:Director1 2023-09-30 iso4217:GBP xbrli:pure 04080598 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04080598 uk-bus:FRS102 2023-10-01 2024-09-30 04080598 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 04080598 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
S P Harvey Electrical Limited
Registered Number:04080598
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
S P Harvey Electrical Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04080598
As at 30 September 2024
S P Harvey Electrical Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
291,065
288,101
2
291,065
288,101
Current assets
Inventories
300
300
3
Trade and other receivables
13,839
15,521
4
152,693
Cash and cash equivalents
156,708
172,529
166,832
Trade and other payables: amounts falling due within one
year
(178,887)
(158,966)
5
(12,055)
13,563
Net current assets
Total assets less current liabilities
304,628
276,046
Trade and other payables: amounts falling due after more
than one year
(6,967)
(3,247)
6
(870)
(1,041)
Provisions for liabilities
300,511
Net assets
268,038
Capital and reserves
Called up share capital
1
1
Retained earnings
300,510
268,037
300,511
268,038
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
S P Harvey Director
These financial statements were approved and authorised for issue by the Board on 01 April 2025 and were signed by:
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4
Registered Number :
04080598
For the year ended 30 September 2024
S P Harvey Electrical Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 September 2024
S P Harvey Electrical Limited
Notes to the Financial Statements
Statutory Information
S P Harvey Electrical Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04080598.
Registered address:
Pilgrim House
Oxford Place
Plymouth
PL1 5AJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover represents income from electrical installation and maintenance at invoice value, less VAT
Property, plant and equipment
Tangible fixed assets are stated at cost less depreciation, excluding property. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Buy to let property
0% Straight line
Plant, machinery and Equipment
25% Reducing balance
25% Reducing balance
Office Equipment
25% Reducing balance
Motor vehicles
2% Straight line
Leasehold properties
Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 30 September 2024
S P Harvey Electrical Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Leasehold
properties
Motor vehicles
Plant,
machinery and
Equipment
Buy to let
property
£
£
£
£
£
Cost or
valuation
At 01 October 2023
320,191
2,450
24,421
12,313
281,007
4,539
-
-
626
3,913
Additions
At 30 September 2024
12,939
24,421
2,450
324,730
284,920
Provision for depreciation and impairment
At 01 October 2023
32,090
833
20,069
11,188
-
Charge for year
1,575
49
1,088
438
-
At 30 September 2024
33,665
882
21,157
11,626
-
At 30 September 2024
Net book value
284,920
1,313
3,264
1,568
291,065
At 30 September 2023
281,007
1,125
4,352
1,617
288,101
3. Inventories
2023
2024
£
£
Stocks
300
300
4. Trade and other receivables
2023
2024
£
£
Trade debtors
14,064
12,353
Other debtors
1,457
1,486
13,839
15,521
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
3,897
3,800
Trade creditors
3,868
5,964
Taxation and social security
10,082
10,160
Other creditors
141,119
158,963
158,966
178,887
Included within taxation and social security is corporation tax of £7,982 (2023: £6,159).
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7
For the year ended 30 September 2024
S P Harvey Electrical Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
3,247
6,967
7. Related party transactions
A dividend of £500 was paid to the shareholder in the year.
The company is under the effective control of its director.
8. Directors advances and guarantees
At 01/10/2023
Repaid
At 30/09/2024
£
£
£
S P Harvey
Loan to director
139,233
157,410
18,177
139,233
157,410
18,177
9. Average number of persons employed
During the year the average number of employees was 3 (2023 : 2)
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