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Company Registration No. 12802081 (England and Wales)
Hunts Electrical and Data Services Ltd Unaudited accounts for the year ended 31 August 2024
Hunts Electrical and Data Services Ltd Unaudited accounts Contents
Page
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Hunts Electrical and Data Services Ltd Company Information for the year ended 31 August 2024
Director
Mr Sean Hunt
Company Number
12802081 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
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Hunts Electrical and Data Services Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,209 
5,446 
Current assets
Debtors
222,142 
118,063 
Cash at bank and in hand
76,214 
69,599 
298,356 
187,662 
Creditors: amounts falling due within one year
(298,674)
(166,153)
Net current (liabilities)/assets
(318)
21,509 
Total assets less current liabilities
891 
26,955 
Provisions for liabilities
Deferred tax
- 
(1,361)
Net assets
891 
25,594 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
791 
25,494 
Shareholders' funds
891 
25,594 
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 23 April 2025 and were signed on its behalf by
Mr Sean Hunt Director Company Registration No. 12802081
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Hunts Electrical and Data Services Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Hunts Electrical and Data Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12802081. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, ENGLAND.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
3 years
Computer equipment
3 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Hunts Electrical and Data Services Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
9,899 
10,545 
20,444 
At 31 August 2024
9,899 
10,545 
20,444 
Depreciation
At 1 September 2023
8,458 
6,540 
14,998 
Charge for the year
1,441 
2,796 
4,237 
At 31 August 2024
9,899 
9,336 
19,235 
Net book value
At 31 August 2024
- 
1,209 
1,209 
At 31 August 2023
1,441 
4,005 
5,446 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,842 
6,218 
Trade debtors
153,064 
111,845 
Other debtors
65,236 
- 
222,142 
118,063 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
83,707 
63,638 
Taxes and social security
191,690 
96,376 
Other creditors
23,277 
5,543 
Loans from directors
- 
596 
298,674 
166,153 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Loan
- 
205,725 
140,490 
65,235 
- 
205,725 
140,490 
65,235 
During the year the director entered into the above advances and credits with the company. Loans to directors are repayable on demand and charged interest at a rate of 2.25% per annum and included in Other Debtors.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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