HOPKINS YOUNG ELECTRICAL LIMITED

HOPKINS YOUNG ELECTRICAL LIMITED

HOPKINS YOUNG ELECTRICAL LIMITED - Company Information

Print Friendly Version

HOPKINS YOUNG ELECTRICAL LIMITED

Company Registration Number:
03703915 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2018

Period of accounts

Start date: 01 September 2017

End date: 31 August 2018

HOPKINS YOUNG ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2018

Balance sheet
Notes

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet

As at 31 August 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 30,000 40,000
Tangible assets: 4 36,414 34,067
Total fixed assets: 66,414 74,067
Current assets
Stocks: 3,397 4,246
Debtors:   587,759 371,456
Cash at bank and in hand: 589,365 337,623
Total current assets: 1,180,521 713,325
Creditors: amounts falling due within one year:   (708,341) (321,354)
Net current assets (liabilities): 472,180 391,971
Total assets less current liabilities: 538,594 466,038
Creditors: amounts falling due after more than one year:   (144,510) (128,025)
Total net assets (liabilities): 394,084 338,013
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 393,884 337,813
Shareholders funds: 394,084 338,013

The notes form part of these financial statements

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet statements

For the year ending 31 August 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 April 2019
and signed on behalf of the board by:

Name: Mr D Warren
Status: Director

The notes form part of these financial statements

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

2. Employees

2018 2017
Average number of employees during the period 29 26

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

3. Intangible Assets

Total
Cost £
At 01 September 2017 200,000
At 31 August 2018 200,000
Amortisation
At 01 September 2017 160,000
Charge for year 10,000
At 31 August 2018 170,000
Net book value
At 31 August 2018 30,000
At 31 August 2017 40,000

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2018

4. Tangible Assets

Total
Cost £
At 01 September 2017 105,361
Additions 37,460
Disposals (17,163)
At 31 August 2018 125,658
Depreciation
At 01 September 2017 71,294
Charge for year 32,172
On disposals (14,222)
At 31 August 2018 89,244
Net book value
At 31 August 2018 36,414
At 31 August 2017 34,067