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Company Registration No. 14534392 (England and Wales)
Hello Electrical Ltd Unaudited accounts for the year ended 31 December 2024
Hello Electrical Ltd Unaudited accounts Contents
Page
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Hello Electrical Ltd Company Information for the year ended 31 December 2024
Directors
Phillip Anthony Franks Lisa Franks
Company Number
14534392 (England and Wales)
Registered Office
12 Dunscroft Grove Rossington Doncaster DN11 0UL England
Accountants
D&K Accounting Ltd Beehive Offices Bawtry Hall Bawtry DN10 6JH
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Hello Electrical Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,845 
9,567 
Current assets
Debtors
11,311 
5,944 
Cash at bank and in hand
44,659 
15,136 
55,970 
21,080 
Creditors: amounts falling due within one year
(67,435)
(28,726)
Net current liabilities
(11,465)
(7,646)
Total assets less current liabilities
26,380 
1,921 
Provisions for liabilities
Deferred tax
(7,191)
(1,818)
Net assets
19,189 
103 
Capital and reserves
Called up share capital
1 
50 
Profit and loss account
19,188 
53 
Shareholders' funds
19,189 
103 
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
Phillip Anthony Franks Director Company Registration No. 14534392
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Hello Electrical Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Hello Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 14534392. The registered office is 12 Dunscroft Grove, Rossington, Doncaster, DN11 0UL, 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.
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
33% Straight Line Method
Motor vehicles
15% Reducing Balance Method
Fixtures & fittings
25% Straight Line Method
Computer equipment
25% Straight Line Method
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.
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.
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Hello Electrical Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
1,258 
9,875 
- 
- 
11,133 
Additions
- 
30,094 
3,102 
765 
33,961 
At 31 December 2024
1,258 
39,969 
3,102 
765 
45,094 
Depreciation
At 1 January 2024
85 
1,481 
- 
- 
1,566 
Charge for the year
415 
5,021 
167 
80 
5,683 
At 31 December 2024
500 
6,502 
167 
80 
7,249 
Net book value
At 31 December 2024
758 
33,467 
2,935 
685 
37,845 
At 31 December 2023
1,173 
8,394 
- 
- 
9,567 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,964 
4,732 
Other debtors
6,347 
1,212 
11,311 
5,944 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,097 
904 
Trade creditors
15,450 
3,410 
Taxes and social security
783 
1,569 
Loans from directors
49,105 
20,843 
Accruals
- 
2,000 
67,435 
28,726 
7
Average number of employees
During the year the average number of employees was 3 (2023: 1).
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