Company Registration No. 10424734 (England and Wales)
HALE ENGINEERING CONSULTANCY SERVICES LTD
Unaudited accounts
for the year ended 31 October 2022
HALE ENGINEERING CONSULTANCY SERVICES LTD
Unaudited accounts
Contents
HALE ENGINEERING CONSULTANCY SERVICES LTD
Company Information
for the year ended 31 October 2022
Company Number
10424734 (England and Wales)
Registered Office
UNIT 12 ST. MARKS STUDIOS
14 CHILLINGWORTH ROAD
LONDON
N7 8QJ
ENGLAND
HALE ENGINEERING CONSULTANCY SERVICES LTD
Statement of financial position
as at 31 October 2022
Tangible assets
3,821
4,176
Cash at bank and in hand
247,344
106,775
Creditors: amounts falling due within one year
(147,529)
(244,909)
Net current assets
287,588
78,781
Total assets less current liabilities
291,409
82,957
Creditors: amounts falling due after more than one year
(228,993)
(41,250)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
61,460
40,913
Shareholders' funds
61,461
40,914
For the year ending 31 October 2022 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 27 June 2023 and were signed on its behalf by
Andy James Hale
Director
Company Registration No. 10424734
HALE ENGINEERING CONSULTANCY SERVICES LTD
Notes to the Accounts
for the year ended 31 October 2022
HALE ENGINEERING CONSULTANCY SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10424734. The registered office is UNIT 12 ST. MARKS STUDIOS, 14 CHILLINGWORTH ROAD, LONDON, N7 8QJ, 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.
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
25% straight line
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
HALE ENGINEERING CONSULTANCY SERVICES LTD
Notes to the Accounts
for the year ended 31 October 2022
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2021
896
7,030
7,926
At 31 October 2022
896
9,199
10,095
At 1 November 2021
370
3,380
3,750
Charge for the year
224
2,300
2,524
At 31 October 2022
594
5,680
6,274
At 31 October 2022
302
3,519
3,821
At 31 October 2021
526
3,650
4,176
Amounts falling due within one year
Trade debtors
187,773
216,915
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
70,249
176,132
Taxes and social security
30,952
34,082
Loans from directors
-
251
7
Creditors: amounts falling due after more than one year
2022
2021
HALE ENGINEERING CONSULTANCY SERVICES LTD
Notes to the Accounts
for the year ended 31 October 2022
8
Deferred taxation
2022
2021
Accelerated capital allowances
955
793
Provision at start of year
793
793
Charged to the profit and loss account
162
-
Provision at end of year
955
793
9
Average number of employees
During the year the average number of employees was 6 (2021: 3).
