HNC ELECTRICAL CONTRACTORS LTD

Company Registration Number:
08200889 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

HNC ELECTRICAL CONTRACTORS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

HNC ELECTRICAL CONTRACTORS LTD

Balance sheet

As at 30 September 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 107,905 92,023
Investments: 4 300,192 0
Total fixed assets: 408,097 92,023
Current assets
Stocks: 10,250 10,250
Debtors:   318,027 313,813
Cash at bank and in hand: 424,703 647,115
Total current assets: 752,980 971,178
Creditors: amounts falling due within one year:   (295,686) (293,782)
Net current assets (liabilities): 457,294 677,396
Total assets less current liabilities: 865,391 769,419
Provision for liabilities: (26,977) (17,484)
Total net assets (liabilities): 838,414 751,935
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 838,314 751,835
Shareholders funds: 838,414 751,935

The notes form part of these financial statements

HNC ELECTRICAL CONTRACTORS LTD

Balance sheet statements

For the year ending 30 September 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2025
and signed on behalf of the board by:

Name: Mr N S Wright
Status: Director

The notes form part of these financial statements

HNC ELECTRICAL CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:- Fixtures, fittings & equipment 15% reducing balance computer equipment 15% reducing balance Motor Vehicles 25% reducing balance 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

HNC ELECTRICAL CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

HNC ELECTRICAL CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 201,118
Additions 39,902
At 30 September 2024 241,020
Depreciation
At 01 October 2023 109,095
Charge for year 24,020
At 30 September 2024 133,115
Net book value
At 30 September 2024 107,905
At 30 September 2023 92,023

HNC ELECTRICAL CONTRACTORS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Fixed investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss