Company Registration No. 09901507 (England and Wales)
HCG Electricals Ltd
Unaudited accounts
for the year ended 31 December 2025
HCG Electricals Ltd
Unaudited accounts
Contents
HCG Electricals Ltd
Company Information
for the year ended 31 December 2025
Company Number
09901507 (England and Wales)
Registered Office
214 Baker Street
Enfield
London
EN1 3JT
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JY
HCG Electricals Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
8,848
9,435
Cash at bank and in hand
105,405
64,433
Creditors: amounts falling due within one year
(18,716)
(23,349)
Net current assets
45,854
41,084
Total assets less current liabilities
54,702
50,519
Creditors: amounts falling due after more than one year
-
(753)
Called up share capital
1
1
Profit and loss account
54,701
49,765
Shareholders' funds
54,702
49,766
For the year ending 31 December 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 24 September 2026 and were signed on its behalf by
Mr H C Gabbidon
Director
Company Registration No. 09901507
HCG Electricals Ltd
Notes to the Accounts
for the year ended 31 December 2025
HCG Electricals Ltd is a private company, limited by shares, registered in England and Wales, registration number 09901507. The registered office is 214 Baker Street, Enfield, London, EN1 3JT, 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 are presented in £ sterling.
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 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
18% - reducing line method
Motor vehicles
6% - reducing line method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2025
590
11,856
12,446
At 31 December 2025
590
11,856
12,446
At 1 January 2025
411
2,600
3,011
Charge for the year
32
555
587
At 31 December 2025
443
3,155
3,598
At 31 December 2025
147
8,701
8,848
At 31 December 2024
179
9,256
9,435
HCG Electricals Ltd
Notes to the Accounts
for the year ended 31 December 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
753
1,800
Taxes and social security
1,324
3,128
Loans from directors
16,639
18,421
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
Included within other creditors is an amount of £16,639 (2024;£18,421) due to its directors. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).