Home Counties Electrical Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 03940389 (England and Wales)

HOME COUNTIES

ELECTRICAL SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S L MacIntosh

Mr D Smyth

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

200-204 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

03940389 (England and Wales)

FIXED ASSETS

Tangible assets

4

16,452

8,807

CURRENT ASSETS

Stocks

1,200

3,000

Debtors

5

12,481

1,850

Cash at bank

4,022

9,570

17,703

14,420

CREDITORS

Amounts falling due within one year

6

83,672

57,978

NET CURRENT LIABILITIES

(65,969

)

(43,558

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(49,517

)

(34,751

)

CREDITORS

Amounts falling due after more than one
year

7

1,667

5,667

NET LIABILITIES

(51,184

)

(40,418

)

CAPITAL AND RESERVES

Called up share capital

110

Retained earnings

(51,294

)

(40,528

)

SHAREHOLDERS' FUNDS

(51,184

)

(40,418

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2025 and were signed on its behalf by:

Mr S L MacIntosh - Director

1.	STATUTORY INFORMATION

Home Counties Electrical Services Ltd 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.

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 represents the total invoice value, excluding VAT, as derived from its principal activity wholly undertaken in the UK.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 May 2024

2,543

23,134

1,498

27,175

Additions

467

11,350

1,662

13,479

At 30 April 2025

3,010

34,484

3,160

40,654

DEPRECIATION

At 1 May 2024

2,543

15,426

399

18,368

Charge for year

117

4,763

954

5,834

At 30 April 2025

2,660

20,189

1,353

24,202

NET BOOK VALUE

At 30 April 2025

350

14,295

1,807

16,452

At 30 April 2024

-

7,708

1,099

8,807

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

6,755

-

Prepayments and accrued income

5,726

1,850

12,481

1,850

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts (see note 8)

4,000

Trade creditors

3,608

3,128

Social security and other taxes

623

586

VAT

315

369

Directors' current accounts

66,561

45,912

Accrued expenses

8,565

3,983

83,672

57,978

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.25

30.4.24

£

Bank loans (see note 8)

1,667

5,667

8.

LOANS

An analysis of the maturity of loans is given below:

30.4.25

30.4.24

£

Amounts falling due within one year or on demand:

Bank loans

4,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,667

4,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,667

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

Mr S L MacIntosh

Balance outstanding at start of year

45,912

15,912

Amounts advanced

20,649

30,000

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

66,561

45,912