1 April 2024 v2025.61.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP071744592024-04-012025-03-31071744592025-03-3107174459bus:Director12024-04-012025-03-3107174459bus:Director22024-04-012025-03-3107174459bus:Director32024-04-012025-03-3107174459bus:RegisteredOffice2024-04-012025-03-31071744592023-04-012024-03-31071744592024-03-3107174459core:WithinOneYear2025-03-3107174459core:WithinOneYear2024-03-3107174459core:AfterOneYear2025-03-3107174459core:AfterOneYear2024-03-3107174459core:ShareCapital2025-03-3107174459core:ShareCapital2024-03-3107174459core:RetainedEarningsAccumulatedLosses2025-03-3107174459core:RetainedEarningsAccumulatedLosses2024-03-3107174459core:PlantMachinery2024-04-0107174459core:PlantMachinery2024-04-012025-03-3107174459core:PlantMachinery2025-03-3107174459core:PlantMachinery2024-03-310717445912024-04-012025-03-3107174459countries:EnglandWales2024-04-012025-03-3107174459bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3107174459bus:PrivateLimitedCompanyLtd2024-04-012025-03-3107174459bus:SmallEntities2024-04-012025-03-3107174459bus:FullAccounts2024-04-012025-03-31
Company registration number:
07174459
H.PHILLIPS ELECTRICALS LIMITED
Unaudited Financial Statements for the year ended
31 March 2025
H.PHILLIPS ELECTRICALS LIMITED
Officers and Professional Advisers
Year ended
31 March 2025
Directors
Mrs E Hall
Mrs M Phillips
Mr RH Phillips
Registered office
60 WOODFIELD STREET
MORRISTON
SWANSEA
SA6 8BW
United Kingdom
H.PHILLIPS ELECTRICALS LIMITED
Directors' Report
Year ended
31 March 2025
The directors present their report and the unaudited
financial statements
of the company for the year ended 31 March 2025.

Directors

The directors who served the company during the year were as follows:
Mrs E Hall
Mrs M Phillips
Mr RH Phillips

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
12 September 2025
and signed on behalf of the board by:
Mrs E Hall
Director
H.PHILLIPS ELECTRICALS LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of H.PHILLIPS ELECTRICALS LIMITED
Year ended
31 March 2025
As described on the statement of financial position, the Board of Directors of
H.PHILLIPS ELECTRICALS LIMITED
are responsible for the preparation of the
financial statements
for the year ended
31 March 2025
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Please Select
United Kingdom
H.PHILLIPS ELECTRICALS LIMITED
Income Statement
Year ended
31 March 2025
20252024
££
Turnover
223,934
 
225,417
 
Cost of sales
(72,522
 ) (77,681 )
Gross profit
151,412
 
147,736
 
Administrative expenses
(151,882
 )
(147,775
 )
Operating loss
(470
 )
(39
 )
Interest payable and similar expenses
(9,413
 )
(2,370
 )
Loss before tax
(9,883
 )
(2,409
 )
Tax on loss -   -  
Loss for the financial year
(9,883
 )
(2,409
 )
The company has no other recognised items of income or expense other than the results for the year as set out above.
H.PHILLIPS ELECTRICALS LIMITED
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 4
78,348
 
80,249
 
Current assets    
Stocks
59,000
 
55,900
 
Debtors 5
7,839
 
18,877
 
Cash at bank and in hand
5,652
 
2,442
 
72,491
 
77,219
 
Creditors: amounts falling due within one year 6
(50,440
 )
(47,186
 )
Net current assets
22,051
 
30,033
 
Total assets less current liabilities 100,399   110,282  
Creditors: amounts falling due after more than one year 7
(38,254
 )
(38,254
 )
Net assets
62,145
 
72,028
 
Capital and reserves    
Called up share capital
200
 
200
 
Profit and loss account
61,945
 
71,828
 
Shareholders funds
62,145
 
72,028
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question 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 financial statements.
These
financial statements
have been prepared in accordance with the provisions 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'.
These
financial statements
were approved by the board of directors and authorised for issue on
12 September 2025
, and are signed on behalf of the board by:
Mrs E Hall
Director
Company registration number:
07174459
H.PHILLIPS ELECTRICALS LIMITED
Notes to the Financial Statements
Year ended
31 March 2025

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
60 WOODFIELD STREET
,
MORRISTON
,
SWANSEA
,
SA6 8BW
, United Kingdom.

2 Accounting policies

3 Average number of employees

The average number of persons employed by the company during the year was
8
(2024:
7.00
).

4 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
180,161
 
Additions
7,099
 
At
31 March 2025
187,260
 
Depreciation  
At
1 April 2024
99,912
 
Charge
9,000
 
At
31 March 2025
108,912
 
Carrying amount  
At
31 March 2025
78,348
 
At 31 March 2024
80,249
 

5 Debtors

20252024
££
Trade debtors
7,839
 
11,778
 
Other debtors -  
7,099
 
7,839
 
18,877
 

6 Creditors: amounts falling due within one year

20252024
££
Trade creditors
5,659
 
8,713
 
Taxation and social security
8,054
 
6,131
 
Other creditors
36,727
 
32,342
 
50,440
 
47,186
 

7 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
38,254
 
38,254