2023-10-01 2024-09-30 12185419 H-LEC LTD false 12185419 2023-10-01 2024-09-30 12185419 uk-bus:Director1 2023-10-01 2024-09-30 12185419 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12185419 uk-bus:SmallEntities 2023-10-01 2024-09-30 12185419 uk-bus:FullAccounts 2023-10-01 2024-09-30 12185419 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12185419 2023-10-01 12185419 2024-09-30 12185419 2023-09-30 xbrli:pure iso4217:GBP 12185419 2022-10-01 2023-09-30
Company Registration Number : 12185419 (England and Wales)
12185419
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-09-30
false
H-LEC LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-10-01
H-LEC LTD
Unaudited filleted financial statements
For the year ended 30 September 2024
H-LEC LTD
Contents
For the year ended 30 September 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


H-LEC LTD
Company Information
For the year ended 30 September 2024

Company registration number 12185419 (England and Wales)
Directors Matthew Paul Hart
Philip Daniel Heatley
Benjamin Woodcock
Registered office address Bartle House
Manchester
M2 3WQ
Accountant Roam Accounting Ltd
19 Stirrups Meadow
Lowton
WA3 2SS
H-LEC LTD
Statement of Financial Position
For the year ended 30 September 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 140,207 103,360
7 140,207 103,360
Current assets
Debtors 282,610 372,427
Debtors: Amounts falling due after more than one year - 7,029
Cash and cash equivalents 420,939 334,148
703,549 713,604
Current liabilities
Creditors: Amounts falling due within one year (142,831) (172,453)
Corporation tax payable (58,624) (61,438)
(201,455) (233,891)
Net current assets/(liabilities) 502,094 479,713
Total assets less current liabilities 642,301 583,073
Non-current liabilities
Creditors: Amounts falling due after more than one year (120,934) (90,004)
Provisions for liabilities - (19,638)
Net assets/(liabilities) 521,367 473,431
Capital and reserves
Called up share capital 15 10
Retained earnings 521,352 473,421
Shareholder's funds 521,367 473,431
For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 September 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 26 June 2025
.............................
Matthew Paul Hart (Director)
Company registration number: 12185419
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-09-30 30 September 2024
2024 2023
£ £
Fixed Assets 140,207 103,360
Current Assets 703,549 691,700
Prepayments and accrued income 0 14,875
Creditors: amounts falling due within one year (201,455) (233,891)
Net current assets/(liabilities) 502,094 472,684
Total assets less current liabilities 642,301 576,044
CREDITORS: Amounts falling due more than one year (120,934) (82,975)
Provisions for liabilities 0 (19,638)
Net Assets/(liabilities) 521,367 473,431
Capital and Reserves 521,367 473,431
For the year ending 30/09/2024 the company was entitled to exemption 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. For the year ending 30-09-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 26 June 2025 2025-06-19 and signed on behalf of the board,
.............................
Matthew Paul HART
Director
Company registration number: 12185419
H-LEC LTD
Notes to the Financial Statements
For the year ended 30 September 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Bartle House, Manchester, M2 3WQ.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles25% reducing balance
Fixtures and Fittings
Equipment15% reducing balance
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Employees
During the year, the average number of employees including director was 12 (2023 : 8).

(6) Tangible fixed assets
EquipmentMotor VehiclesTotals
£££
Cost
As at 01 October 202317,753153,474171,227
Additions73181,05281,783
As at 30 September 202418,484234,526253,010
Depreciation
As at 01 October 20234,98862,87967,867
For the year2,02442,91244,936
As at 30 September 20247,012105,791112,803
Net book value
As at 30 September 202411,472128,735140,207
As at 30 September 202312,76590,595103,360

(7) Fixed assets
Tangible

£
Cost
As at 01 October 2023171,227
Additions81,783
As at 30 September 2024253,010
Depreciation/Amortisation
As at 01 October 202367,867
For the year44,936
As at 30 September 2024112,803
Net book value
As at 30 September 2024140,207
As at 30 September 2023103,360