Company Registration No. 07676186 (England and Wales)
Hall Electricians Limited
Unaudited accounts
for the year ended 31 July 2025
Hall Electricians Limited
Unaudited accounts
Contents
Hall Electricians Limited
Company Information
for the year ended 31 July 2025
Director
Ian Raymond Hall
Company Number
07676186 (England and Wales)
Registered Office
7 TROUTBECK
COTGRAVE
NOTTINGHAM
NG12 3LX
ENGLAND
Accountants
Grace Heathfield + Co Ltd
13 Forest Close
Cotgrave
Nottinghamshire
NG12 3JN
Hall Electricians Limited
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
1,316
9,621
Creditors: amounts falling due within one year
(17,693)
(11,423)
Net current assets
40
5,053
Total assets less current liabilities
40
5,053
Creditors: amounts falling due after more than one year
-
(4,583)
Called up share capital
1
1
Profit and loss account
39
469
Shareholders' funds
40
470
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 29 May 2026 and were signed on its behalf by
Ian Raymond Hall
Director
Company Registration No. 07676186
Hall Electricians Limited
Notes to the Accounts
for the year ended 31 July 2025
Hall Electricians Limited is a private company, limited by shares, registered in England and Wales, registration number 07676186. The registered office is 7 TROUTBECK, COTGRAVE, NOTTINGHAM, NG12 3LX, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts have been prepared on the going concern basis. As liabilities exceed assets, the director has given an undertaking to support the company until it reaches a position where assets exceed liabilities and therefore considers the going concern basis to be appropriate.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight line
Computer equipment
20% Straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The accounts are presented in £ sterling.
Hall Electricians Limited
Notes to the Accounts
for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
2,388
18,027
1,738
22,153
At 31 July 2025
2,388
18,027
1,738
22,153
At 1 August 2024
2,388
18,027
1,738
22,153
At 31 July 2025
2,388
18,027
1,738
22,153
Amounts falling due within one year
Other debtors
16,502
5,300
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,583
5,000
Trade creditors
2,545
1,000
Taxes and social security
8,018
4,372
7
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Credit facility - no terms or interest rates stipulated
5,300
24,084
12,882
16,502
5,300
24,084
12,882
16,502
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
10
Reconciliations on adoption of FRS 102