Company Registration No. 03345277 (England and Wales)
P.M. Hughes Electrical Limited
Unaudited accounts
for the year ended 31 May 2025
P.M. Hughes Electrical Limited
Unaudited accounts
Contents
P.M. Hughes Electrical Limited
Company Information
for the year ended 31 May 2025
Directors
S Palser
I Robertson
Company Number
03345277 (England and Wales)
Registered Office
77 BURYFIELD ROAD
SOLIHULL
WEST MIDLANDS
B91 2DG
Accountants
Mosaic Accounting Limited
Frensham
Blakes Hill,
North Littleton,
Evesham
Warwickshire
WR11 8QN
P.M. Hughes Electrical Limited
Statement of financial position
as at 31 May 2025
Tangible assets
4,948
6,616
Cash at bank and in hand
16,220
16,947
Creditors: amounts falling due within one year
(20,383)
(18,864)
Net current assets
8,574
3,964
Called up share capital
100
100
Profit and loss account
13,422
10,480
Shareholders' funds
13,522
10,580
For the year ending 31 May 2025 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 21 August 2025 and were signed on its behalf by
S Palser
Director
Company Registration No. 03345277
P.M. Hughes Electrical Limited
Notes to the Accounts
for the year ended 31 May 2025
P.M. Hughes Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 03345277. The registered office is 77 BURYFIELD ROAD, SOLIHULL, WEST MIDLANDS, B91 2DG.
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:
Motor vehicles
25% reducing balance.
Computer equipment
25% reducing balance.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2024
16,615
1,293
17,908
At 31 May 2025
16,615
1,293
17,908
At 1 June 2024
10,000
1,292
11,292
Charge for the year
1,667
1
1,668
At 31 May 2025
11,667
1,293
12,960
At 31 May 2025
4,948
-
4,948
At 31 May 2024
6,615
1
6,616
Amounts falling due within one year
Trade debtors
12,089
3,713
Accrued income and prepayments
517
533
P.M. Hughes Electrical Limited
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,552
3,449
Taxes and social security
732
-
Loans from directors
10,358
13,939
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).