Registration number: 02275605

H.I. Electrical Services Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 9

H.I. Electrical Services Limited

Company Information

Directors

Mr Roop Singh Bening Mr Inderjit Roop Singh Bening Mrs Kulwant Kaur Bening

Company secretary

Mrs Kulwant Kaur Bening

Registered office

Unit 2a Moore Street Wolverhampton West Midlands WV1 2HE

Accountants

Onyx Accountants Ltd Chartered Management AccountantsOnyx House 12 Phoenix Business Park Avenue Close Birmingham West Midlands B7 4NU

H.I. Electrical Services Limited

(Registration number: 02275605)
Abridged Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	204,844	214,106
Investment property		40,139	40,139
Investments	5	1	1
		244,984	254,246
Current assets
Debtors		516,183	476,300
Cash at bank and in hand		33,346	1,264
		549,529	477,564
Prepayments and accrued income		21	451
Creditors: Amounts falling due within one year		(36,560)	(9,622)
Net current assets		512,990	468,393
Total assets less current liabilities		757,974	722,639
Provisions for liabilities		(341)	(2,101)
Accruals and deferred income		(772)	(1,400)
Net assets		756,861	719,138
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		755,861	718,138
Shareholders' funds		756,861	719,138

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

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

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 August 2026 and signed on its behalf by:
 

H.I. Electrical Services Limited

(Registration number: 02275605)
Abridged Balance Sheet as at 30 November 2025

......................................... Mr Roop Singh Bening Director

H.I. Electrical Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 2a Moore Street
Wolverhampton
West Midlands
WV1 2HE

These financial statements were authorised for issue by the Board on 24 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

H.I. Electrical Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% on reducing balance
Motor vehicles	25% on straight line
Computer equipment	33% on straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

H.I. Electrical Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 8).

H.I. Electrical Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 December 2024	203,047	160	50,435	3,853
Disposals	-	-	(49,021)	(765)
At 30 November 2025	203,047	160	1,414	3,088
Depreciation
At 1 December 2024	-	19	41,202	2,217
Charge for the year	-	32	116	995
Eliminated on disposal	-	-	(40,950)	(766)
At 30 November 2025	-	51	368	2,446
Carrying amount
At 30 November 2025	203,047	109	1,046	642
At 30 November 2024	203,047	141	9,233	1,636

	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	36,400	293,895
Disposals	(36,400)	(86,186)
At 30 November 2025	-	207,709
Depreciation
At 1 December 2024	36,351	79,789
Charge for the year	-	1,143
Eliminated on disposal	(36,351)	(78,067)
At 30 November 2025	-	2,865
Carrying amount
At 30 November 2025	-	204,844
At 30 November 2024	49	214,106

Included within the net book value of land and buildings above is £203,047 (2024 - £203,047) in respect of freehold land and buildings.
 

Investment properties

H.I. Electrical Services Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2025

	2025 £
At 1 December	40,139

There has been no valuation of investment property by an independent valuer.

5	Investments

	Total £
Cost or valuation
At 1 December 2024	1
Provision
Carrying amount
At 30 November 2025	1
At 30 November 2024	1