RH Electrical (Hull) Ltd

RH Electrical (Hull) Ltd
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	44,417	42,811
		44,417	42,811
Current assets
Stocks	4	66,239	66,239
Debtors	5	619,773	56,149
Cash at bank and in hand		304,208	102,884
		990,220	225,272
Creditors: amount falling due within one year	6	(311,315)	(29,286)
Net current assets		678,905	195,986

Total assets less current liabilities		723,322	238,797
Creditors: amount falling due after more than one year	7	(16,602)	(29,761)
Provisions for liabilities	8	(11,105)	(10,703)
Net assets		695,615	198,333

Capital and reserves
Called up share capital		4	4
Profit and loss account		695,611	198,329
Shareholders' funds		695,615	198,333

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 31 January 2026 and were signed by:

-------------------------------
Richard Hodges
Director

RH Electrical (Hull) Ltd
Notes to the Financial Statements
For the year ended 30 April 2025

General Information

RH Electrical (Hull) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08038285, registration address Oberon House , Ferries Street , Hull , East Yorkshire, HU3 1YA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance
Fixtures and Fittings	20% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Total
	£	£	£	£
At 01 May 2024	14,066	50,058	2,671	66,795
Additions	11,357	-	1,354	12,711
Disposals	-	-	-	-
At 30 April 2025	25,423	50,058	4,025	79,506
Depreciation
At 01 May 2024	4,477	18,713	794	23,984
Charge for year	4,189	6,269	647	11,105
On disposals	-	-	-	-
At 30 April 2025	8,666	24,982	1,441	35,089
Net book values
Closing balance as at 30 April 2025	16,757	25,076	2,584	44,417
Opening balance as at 01 May 2024	9,589	31,345	1,877	42,811

Stocks

	2025 £		2024 £
Stocks	66,239		66,239
	66,239		66,239

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	616,561	52,748
Prepayments & Accrued Income	3,212	1,410
PAYE & Social Security	0	1,991
	619,773	56,149

Creditors: amount falling due within one year

	2025 £	2024 £
Bank Loans & Overdrafts (Secured)	6,000	6,000
Corporation Tax	168,932	0
PAYE & Social Security	1,982	0
Accrued Expenses	4,765	4,510
Other Creditors	2,055	2,877
Obligations under HP/Financial Leases	7,165	7,165
Wages & Salaries Control Account	164	0
Directors' Current Accounts	321	1,898
VAT	119,931	6,836
	311,315	29,286

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts (secured)	500	6,500
Obligations Under HP/Financial Leases	16,102	23,261
	16,602	29,761

Provisions for liabilities

	2025 £	2024 £
Deferred Tax	10,703	3,653
Charged to Profit & Loss	402	7,050
	11,105	10,703

Registered Number: 08038285
England and Wales
Unaudited Financial Statements

for the year ended 30 April 2025
for
RH ELECTRICAL (HULL) LTD