Keith Hopper Electrical Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05425592

		2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		49,389

			49,389
CURRENT ASSETS
Stocks	5	10,878
Debtors	6	55,172
Cash at bank and in hand		74,224

		140,274
Creditors: Amounts Falling Due Within One Year	7	(55,343 )

NET CURRENT ASSETS (LIABILITIES)			84,931

TOTAL ASSETS LESS CURRENT LIABILITIES			134,320

Creditors: Amounts Falling Due After More Than One Year	8		(249 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,137 )

NET ASSETS			126,934

CAPITAL AND RESERVES
Called up share capital	9		2
Profit and Loss Account			126,932

SHAREHOLDERS' FUNDS			126,934

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Keith Hopper Electrical Limited

Balance Sheet (continued)

As At 31 May 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Hopper

Director

02/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Keith Hopper Electrical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05425592 . The registered office is Unit 10 Merchants Quay, Pennygillam Industrial Estate, Launceston, Cornwall, PL15 7QA.

DIRECTORS' INTERESTS IN CONTRACTS

The Directors have interest in the contracts and transactions between this Company and their Partnership, Hopper Properties, as follows:

Hopper Properties have charged the company £12,000 per annum (net of VAT) for the 12-month period ended 31/05/2025, being rental of the premises known as Unit 10 Merchants Quay, Pennygillam Industral Estate, Launceston, utilised by the company and which is also the Registered Office of the Company. £12,000 represents the current market value. Exactly the same happened for the preceding 12-month period.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Keith Hopper Electrical Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 June 2024	99,715
Additions	18,500
Disposals	(13,650 )

As at 31 May 2025	104,565

Depreciation
As at 1 June 2024	56,902
Provided during the period	11,443
Disposals	(13,169 )

As at 31 May 2025	55,176

Net Book Value
As at 31 May 2025	49,389

As at 1 June 2024	42,813

5. Stocks

	2025
	£
Materials	2,500
Work in progress	8,378

	10,878

6. Debtors

	2025
	£
Due within one year
Trade debtors	34,877
Other debtors	20,295

	55,172

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Keith Hopper Electrical Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Creditors: Amounts Falling Due Within One Year

	2025
	£
Trade creditors	12,517
Bank loans and overdrafts	6,240
Other loans	245
Other creditors	447
Taxation and social security	35,894

	55,343

8. Creditors: Amounts Falling Due After More Than One Year

	2025
	£
Bank loans	249

9. Share Capital

	2025
	£
Allotted, Called up and fully paid	2

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 June 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 May 2025
	£	£	£	£	£
Mrs Rita Hopper	6,290	-	-	-	6,290
Mr James Hopper	6,291	-	-	-	6,291

The above loan is unsecured, interest free and repayable on demand.

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