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
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
Hello Electrical Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
37,845
9,567
Cash at bank and in hand
44,659
15,136
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)
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
Hello Electrical Ltd
Notes to the Accounts
for the year ended 31 December 2024
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.
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.
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 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 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.
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
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
At 31 December 2024
758
33,467
2,935
685
37,845
At 31 December 2023
1,173
8,394
-
-
9,567
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,450
3,410
Taxes and social security
783
1,569
Loans from directors
49,105
20,843
7
Average number of employees
During the year the average number of employees was 3 (2023: 1).