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REGISTERED NUMBER: 05510985 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Hawes Electrical Ltd

Hawes Electrical Ltd (Registered number: 05510985)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Hawes Electrical Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: R Hawes





SECRETARY: R Hawes





REGISTERED OFFICE: 24 Pitsford Drive
Loughborough
Leicestershire
LE11 4NZ





REGISTERED NUMBER: 05510985 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Hawes Electrical Ltd (Registered number: 05510985)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,405 3,085
23,405 3,085

CURRENT ASSETS
Stocks 2,338 1,948
Debtors 6 17,342 25,322
Cash at bank 12,649 31,085
32,329 58,355
CREDITORS
Amounts falling due within one year 7 12,220 30,981
NET CURRENT ASSETS 20,109 27,374
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,514

30,459

CREDITORS
Amounts falling due after more than one year 8 7,912 -
NET ASSETS 35,602 30,459

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 35,502 30,359
SHAREHOLDERS' FUNDS 35,602 30,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Hawes Electrical Ltd (Registered number: 05510985)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





R Hawes - Director


Hawes Electrical Ltd (Registered number: 05510985)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Hawes Electrical Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 7,500
AMORTISATION
At 1 August 2023
and 31 July 2024 7,500
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

Hawes Electrical Ltd (Registered number: 05510985)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 17,651
Additions 23,795
Disposals (13,995 )
At 31 July 2024 27,451
DEPRECIATION
At 1 August 2023 14,566
Charge for year 1,182
Eliminated on disposal (11,702 )
At 31 July 2024 4,046
NET BOOK VALUE
At 31 July 2024 23,405
At 31 July 2023 3,085

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 16,533 25,153
Other debtors 809 169
17,342 25,322

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 1,978 -
Trade creditors 4,255 15,152
Taxation and social security 3,756 12,656
Other creditors 2,231 3,173
12,220 30,981

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 7,912 -

Hawes Electrical Ltd (Registered number: 05510985)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr R Hawes who owns 50% of the issued share capital.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Hawes Electrical Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hawes Electrical Ltd for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Hawes Electrical Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hawes Electrical Ltd and state those matters that we have agreed to state to the director of Hawes Electrical Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Hawes Electrical Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hawes Electrical Ltd. You consider that Hawes Electrical Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Hawes Electrical Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


25 April 2025