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 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

HOPKINS YOUNG ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet

As at 31 August 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 200,296 93,231
Total fixed assets: 200,296 93,231
Current assets
Stocks: 4,602 4,554
Debtors:   1,556,164 1,415,814
Cash at bank and in hand: 298,095 178,975
Total current assets: 1,858,861 1,599,343
Creditors: amounts falling due within one year:   (1,193,178) (840,241)
Net current assets (liabilities): 665,683 759,102
Total assets less current liabilities: 865,979 852,333
Creditors: amounts falling due after more than one year:   (368,764) (383,341)
Total net assets (liabilities): 497,215 468,992
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 497,015 468,792
Shareholders funds: 497,215 468,992

The notes form part of these financial statements

HOPKINS YOUNG ELECTRICAL LIMITED

Balance sheet statements

For the year ending 31 August 2023 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 29 April 2024
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 2023

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 2023

2. Employees

2023 2022
Average number of employees during the period 49 38

HOPKINS YOUNG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 292,991
Additions 214,889
Disposals (83,869)
At 31 August 2023 424,011
Depreciation
At 01 September 2022 199,760
Charge for year 93,662
On disposals (69,707)
At 31 August 2023 223,715
Net book value
At 31 August 2023 200,296
At 31 August 2022 93,231