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Company Registration No. 03667109 (England and Wales)
HARBRO ELECTRICAL WHOLESALE LIMITED Unaudited accounts for the year ended 31 December 2024
HARBRO ELECTRICAL WHOLESALE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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HARBRO ELECTRICAL WHOLESALE LIMITED Company Information for the year ended 31 December 2024
Directors
Philip Andrew Harboard David William Harboard
Company Number
03667109 (England and Wales)
Registered Office
6-7 WHITWORTH ROAD SOUTH WEST INDUSTRIAL ESTATE PETERLEE COUNTY DURHAM SR8 2LY
Accountants
Fortis Accountancy Services Limited 13T Queensway House Queensway Middlesbrough TS3 8TF
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HARBRO ELECTRICAL WHOLESALE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,075 
1,075 
Current assets
Inventories
464,185 
349,185 
Debtors
5
24,052 
- 
Cash at bank and in hand
11,196 
142,325 
499,433 
491,510 
Creditors: amounts falling due within one year
6
(265,558)
(203,949)
Net current assets
233,875 
287,561 
Total assets less current liabilities
234,950 
288,636 
Creditors: amounts falling due after more than one year
7
(75,000)
(138,428)
Net assets
159,950 
150,208 
Capital and reserves
Called up share capital
75,150 
75,150 
Profit and loss account
84,800 
75,058 
Shareholders' funds
159,950 
150,208 
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 30 June 2025 and were signed on its behalf by
Philip Andrew Harboard Director Company Registration No. 03667109
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HARBRO ELECTRICAL WHOLESALE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
HARBRO ELECTRICAL WHOLESALE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03667109. The registered office is 6-7 WHITWORTH ROAD, SOUTH WEST INDUSTRIAL ESTATE, PETERLEE, COUNTY DURHAM, SR8 2LY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
14,798 
24,404 
39,202 
At 31 December 2024
14,798 
24,404 
39,202 
Depreciation
At 1 January 2024
14,578 
23,549 
38,127 
At 31 December 2024
14,578 
23,549 
38,127 
Net book value
At 31 December 2024
220 
855 
1,075 
At 31 December 2023
220 
855 
1,075 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,052 
- 
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HARBRO ELECTRICAL WHOLESALE LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
158,824 
101,582 
VAT
13,122 
9,948 
Taxes and social security
4,841 
5,215 
Other creditors
31,729 
2,981 
Loans from directors
57,042 
84,223 
265,558 
203,949 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
75,000 
138,428 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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