Company Registration No. 03477033 (England and Wales)
H E Electronics Limited
Unaudited accounts
for the year ended 31 May 2026
H E Electronics Limited
Unaudited accounts
Contents
H E Electronics Limited
Company Information
for the year ended 31 May 2026
Directors
K Legg
C Mullins
J Mullins
Company Number
03477033 (England and Wales)
Registered Office
18 COBHAM ROAD
FERNDOWN INDUSTRIAL ESTATE
WIMBORNE
DORSET
BH21 7PG
Accountants
Philip Richardson
2 West Moors Road
Three Legged Cross
Wimborne
Dorset
BH21 6QP
H E Electronics Limited
Statement of financial position
as at 31 May 2026
Tangible assets
129,931
30,685
Inventories
287,811
273,426
Cash at bank and in hand
2,990,407
2,851,961
Creditors: amounts falling due within one year
(489,079)
(355,548)
Net current assets
3,518,912
3,176,229
Net assets
3,648,843
3,206,914
Called up share capital
50
50
Share premium
54,950
54,950
Capital redemption reserve
(450,000)
(450,000)
Profit and loss account
4,043,843
3,601,914
Shareholders' funds
3,648,843
3,206,914
For the year ending 31 May 2026 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 12 August 2026 and were signed on its behalf by
C Mullins
Director
Company Registration No. 03477033
H E Electronics Limited
Notes to the Accounts
for the year ended 31 May 2026
H E Electronics Limited is a private company, limited by shares, registered in England and Wales, registration number 03477033. The registered office is 18 COBHAM ROAD, FERNDOWN INDUSTRIAL ESTATE, WIMBORNE, DORSET, BH21 7PG.
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 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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
H E Electronics Limited
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2025
87,799
10,779
29,613
128,191
Additions
6,219
105,335
832
112,386
At 31 May 2026
94,018
116,114
30,445
240,577
At 1 June 2025
62,473
10,099
24,934
97,506
Charge for the year
6,514
4,765
1,861
13,140
At 31 May 2026
68,987
14,864
26,795
110,646
At 31 May 2026
25,031
101,250
3,650
129,931
At 31 May 2025
25,326
680
4,679
30,685
Work in progress
286,786
272,401
Finished goods
1,025
1,025
Amounts falling due within one year
Trade debtors
712,674
181,390
Amounts falling due after more than one year
Other debtors
1,672
225,000
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Creditors: amounts falling due within one year
2026
2025
Trade creditors
329,949
188,103
Taxes and social security
33,596
63,612
Other creditors
6,263
11,874
8
Average number of employees
During the year the average number of employees was 11 (2025: 14).