HOPKINS YOUNG ELECTRICAL LIMITED

HOPKINS YOUNG ELECTRICAL LIMITED

HOPKINS YOUNG ELECTRICAL LIMITED - Company Information

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HOPKINS YOUNG ELECTRICAL LIMITED

Company Registration Number:
03703915 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2019

Period of accounts

Start date: 01 September 2018

End date: 31 August 2019

HOPKINS YOUNG ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2019

Balance sheet
Notes

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet

As at 31 August 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets: 3 20,000 30,000
Tangible assets: 4 48,974 36,414
Total fixed assets: 68,974 66,414
Current assets
Stocks: 3,652 3,397
Debtors:   629,771 587,759
Cash at bank and in hand: 854,921 589,365
Total current assets: 1,488,344 1,180,521
Creditors: amounts falling due within one year:   (672,163) (708,341)
Net current assets (liabilities): 816,181 472,180
Total assets less current liabilities: 885,155 538,594
Creditors: amounts falling due after more than one year:   (210,364) (144,510)
Total net assets (liabilities): 674,791 394,084
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 674,591 393,884
Shareholders funds: 674,791 394,084

The notes form part of these financial statements

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet statements

For the year ending 31 August 2019 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 12 May 2020
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 2019

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 2019

2. Employees

2019 2018
Average number of employees during the period 31 29

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2019

3. Intangible Assets

Total
Cost £
At 01 September 2018 200,000
At 31 August 2019 200,000
Amortisation
At 01 September 2018 170,000
Charge for year 10,000
At 31 August 2019 180,000
Net book value
At 31 August 2019 20,000
At 31 August 2018 30,000

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2019

4. Tangible Assets

Total
Cost £
At 01 September 2018 125,658
Additions 37,086
At 31 August 2019 162,744
Depreciation
At 01 September 2018 89,244
Charge for year 24,526
At 31 August 2019 113,770
Net book value
At 31 August 2019 48,974
At 31 August 2018 36,414