Silverfin false false 30/09/2024 14/09/2023 30/09/2024 Mr H J N Simm 14/09/2023 18 June 2025 The principal activity of the Company during the financial year is electrical installation. 15139674 2024-09-30 15139674 bus:Director1 2024-09-30 15139674 core:CurrentFinancialInstruments 2024-09-30 15139674 core:ShareCapital 2024-09-30 15139674 core:RetainedEarningsAccumulatedLosses 2024-09-30 15139674 core:Vehicles 2023-09-13 15139674 core:ComputerEquipment 2023-09-13 15139674 2023-09-13 15139674 core:Vehicles 2024-09-30 15139674 core:ComputerEquipment 2024-09-30 15139674 bus:OrdinaryShareClass1 2024-09-30 15139674 2023-09-14 2024-09-30 15139674 bus:FilletedAccounts 2023-09-14 2024-09-30 15139674 bus:SmallEntities 2023-09-14 2024-09-30 15139674 bus:AuditExemptWithAccountantsReport 2023-09-14 2024-09-30 15139674 bus:PrivateLimitedCompanyLtd 2023-09-14 2024-09-30 15139674 bus:Director1 2023-09-14 2024-09-30 15139674 core:Vehicles 2023-09-14 2024-09-30 15139674 core:ComputerEquipment 2023-09-14 2024-09-30 15139674 bus:OrdinaryShareClass1 2023-09-14 2024-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15139674 (England and Wales)

HS ELECTRICAL (BRISTOL) LTD

Unaudited Financial Statements
For the financial period from 14 September 2023 to 30 September 2024
Pages for filing with the registrar

HS ELECTRICAL (BRISTOL) LTD

Unaudited Financial Statements

For the financial period from 14 September 2023 to 30 September 2024

Contents

HS ELECTRICAL (BRISTOL) LTD

BALANCE SHEET

As at 30 September 2024
HS ELECTRICAL (BRISTOL) LTD

BALANCE SHEET (continued)

As at 30 September 2024
Note 30.09.2024
£
Fixed assets
Tangible assets 3 10,341
10,341
Current assets
Debtors 4, 7 4,577
4,577
Creditors: amounts falling due within one year 5 ( 6,729)
Net current liabilities (2,152)
Total assets less current liabilities 8,189
Net assets 8,189
Capital and reserves
Called-up share capital 6 100
Profit and loss account 8,089
Total shareholder's funds 8,189

For the financial period ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of HS Electrical (Bristol) Ltd (registered number: 15139674) were approved and authorised for issue by the Director on 18 June 2025. They were signed on its behalf by:

Mr H J N Simm
Director
HS ELECTRICAL (BRISTOL) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 September 2023 to 30 September 2024
HS ELECTRICAL (BRISTOL) LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 September 2023 to 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

HS Electrical (Bristol) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 20 Kensington Road, Staple Hill, Bristol, BS16 4LX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer and Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Vehicles 20 % reducing balance
Computer equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

Period from
14.09.2023 to
30.09.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Tangible assets

Vehicles Computer equipment Total
£ £ £
Cost
At 14 September 2023 0 0 0
Additions 12,717 414 13,131
At 30 September 2024 12,717 414 13,131
Accumulated depreciation
At 14 September 2023 0 0 0
Charge for the financial period 2,755 35 2,790
At 30 September 2024 2,755 35 2,790
Net book value
At 30 September 2024 9,962 379 10,341

4. Debtors

30.09.2024
£
Trade debtors 740
Other debtors 3,837
4,577

5. Creditors: amounts falling due within one year

30.09.2024
£
Bank overdrafts 2,831
Other creditors 3,898
6,729

6. Called-up share capital

30.09.2024
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100

On 14 September 2023 100 Ordinary £1 shares were issued at par

7. Related party transactions

Transactions with Director - Mr H J N Simm

30.09.2024
£
Opening balance 0
Advances to director 25,427
Repayments by director (21,672)
3,755

Interest free loan, repayable on demand