REGISTERED NUMBER: 13383312 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

HILLCREST ELECTRICAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr SJ Kennett

REGISTERED OFFICE:

7 Hillcrest Close

Thrapston

Northamptonshire

NN14 4TB

REGISTERED NUMBER:

13383312 (England and Wales)

ACCOUNTANTS:

Bewers Turner & Co LLP

Chartered Accountants

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

FIXED ASSETS

Intangible assets

4

6,000

7,000

Tangible assets

5

19,183

4,154

25,183

11,154

CURRENT ASSETS

Stocks

500

500

Debtors

6

6,318

3,271

Cash at bank

10,065

25,752

16,883

29,523

CREDITORS

Amounts falling due within one year

7

15,454

27,439

NET CURRENT ASSETS

1,429

2,084

TOTAL ASSETS LESS CURRENT LIABILITIES

26,612

13,238

CREDITORS

Amounts falling due after more than one year

8

(22,686

)

(12,000

)

PROVISIONS FOR LIABILITIES

(3,645

)

(789

)

NET ASSETS

281

449

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

181

349

SHAREHOLDERS' FUNDS

281

449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th September 2026 and were signed by:

Mr SJ Kennett - Director

1.	STATUTORY INFORMATION

Hillcrest Electrical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

10,000

AMORTISATION

At 1st April 2025

3,000

Amortisation for year

1,000

At 31st March 2026

4,000

NET BOOK VALUE

At 31st March 2026

6,000

At 31st March 2025

7,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st April 2025

1,829

7,500

9,329

Additions

-

21,743

21,743

Disposals

-

(7,500

)

(7,500

)

At 31st March 2026

1,829

21,743

23,572

DEPRECIATION

At 1st April 2025

1,015

4,160

5,175

Charge for year

203

3,519

3,722

Eliminated on disposal

-

(4,508

)

(4,508

)

At 31st March 2026

1,218

3,171

4,389

NET BOOK VALUE

At 31st March 2026

611

18,572

19,183

At 31st March 2025

814

3,340

4,154

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,414

1,877

Other debtors

3,904

1,394

6,318

3,271

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,581

-

Trade creditors

1,111

-

Taxation and social security

4,025

8,500

Other creditors

8,737

18,939

15,454

27,439

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

2,686

-

Other creditors

20,000

12,000

22,686

12,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100