Company Registration No. 04571972 (England and Wales)
Hopwood Electrical Services Limited
Unaudited accounts
for the year ended 31 December 2024
Hopwood Electrical Services Limited
Unaudited accounts
Contents
Hopwood Electrical Services Limited
Company Information
for the year ended 31 December 2024
Directors
L Harrop
C Harrop
Company Number
04571972 (England and Wales)
Registered Office
85 Manchester Street
Heywood
OL10 1PB
England
Hopwood Electrical Services Limited
Statement of financial position
as at 31 December 2024
Tangible assets
101,055
114,869
Cash at bank and in hand
649,441
496,774
Creditors: amounts falling due within one year
(299,582)
(586,751)
Net current assets
652,332
661,871
Net assets
753,387
776,740
Called up share capital
105
105
Profit and loss account
753,282
776,635
Shareholders' funds
753,387
776,740
For the year ending 31 December 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 15 April 2025 and were signed on its behalf by
L Harrop
Director
Company Registration No. 04571972
Hopwood Electrical Services Limited
Notes to the Accounts
for the year ended 31 December 2024
Hopwood Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04571972. The registered office is 85 Manchester Street, Heywood, OL10 1PB, 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.
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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
Intangible fixed assets
Goodwill
At 31 December 2024
60,000
At 31 December 2024
60,000
Hopwood Electrical Services Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
63,142
4,120
230,988
298,250
Additions
-
-
21,178
21,178
Disposals
-
-
(76,799)
(76,799)
At 31 December 2024
63,142
4,120
175,367
242,629
At 1 January 2024
39,436
4,070
139,875
183,381
Charge for the year
3,157
13
26,826
29,996
On disposals
-
-
(71,803)
(71,803)
At 31 December 2024
42,593
4,083
94,898
141,574
At 31 December 2024
20,549
37
80,469
101,055
At 31 December 2023
23,706
50
91,113
114,869
Amounts falling due within one year
Trade debtors
267,715
700,764
Accrued income and prepayments
11,006
14,972
Other debtors
23,752
36,112
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
140,084
334,603
Taxes and social security
141,328
237,404
Other creditors
9,145
9,461
Loans from directors
2,695
2,983
8
Average number of employees
During the year the average number of employees was 20 (2023: 20).