Holmes CR Electrics Limited - Period Ending 2023-03-31

Holmes CR Electrics Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3

Holmes CR Electrics Limited

Company Information

Director

C Holmes

Company secretary

K J Holmes

Registered office

Salatin House 19 Cedar Road Sutton Surrey SM2 5DA

Accountants

Harmer Slater Limited Salatin House 19 Cedar Road Sutton Surrey SM2 5DA

Holmes CR Electrics Limited

(Registration number: 11654733)
Statement of Financial Position as at 31 March 2023

	Note	2023 £	2022 £
Fixed assets	1	11,265	14,017
Current assets	2	38,530	35,639
Payables: Amounts falling due within one year	3	(29,718)	(27,745)
Net current assets		8,812	7,894
Total assets less current liabilities		20,077	21,911
Creditors: Amounts falling due after more than one year		(18,436)	(19,884)
Accruals and deferred income	4	(1,400)	(1,350)
		241	677
Capital and reserves	5	241	677

1	General information

Holmes CR Electrics Limited (the 'company') is a private company limited by share capital, incorporated in England and Wales under the Companies Act.

The address of the registered office is given on page 1. The nature of the company’s operations and its principal activities are set out in the Director's report on page 2.

Holmes CR Electrics Limited

(Registration number: 11654733)
Statement of Financial Position as at 31 March 2023 (continued)

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements of Holmes CR Electrics Limited were approved and authorised for issue by the director on 13 December 2023
 

.........................................

C Holmes
Director

Holmes CR Electrics Limited

Notes to the Financial Statements
for the Year Ended 31 March 2023

1	Fixed assets

	Plant and machinery  £	Motor vehicles  £	Office equipment £	Total £
Cost
At 1 April 2022	2,000	18,606	849	21,455
At 31 March 2023	2,000	18,606	849	21,455
Depreciation
At 1 April 2022	400	6,698	340	7,438
Charge for the year	200	2,382	170	2,752
At 31 March 2023	600	9,080	510	10,190
Carrying amount
At 31 March 2023	1,400	9,526	339	11,265
At 31 March 2022	1,600	11,908	509	14,017

2	Current assets

	2023 £	2022 £
Work in progress	927	2,783
Trade receivables	4,944	4,256
Other receivables	29,765	11,329
Cash at bank	2,894	17,271
	38,530	35,639

Holmes CR Electrics Limited

Notes to the Financial Statements
for the Year Ended 31 March 2023 (continued)

3

Payables

	2023 £	2022 £
Due within one year
Bank borrowings	3,251	6,389
Other borrowings	19,768	14,127
Social security and other taxes	290	1,193
Corporation tax	6,409	6,036
	29,718	27,745
Due after one year
Loans and borrowings	18,436	19,884

4	Accruals and deferred income

	2023 £	2022 £
Due within one year
Accrued expenses	1,400	1,350

5	Share capital and reserves

Allotted, called up and fully paid shares

	2023		2022
	No.	£	No.	£
Ordinary A shares of £1 each	80	80	80	80
Ordinary B shares of £1 each	20	20	20	20
	100	100	100	100

Reserves
The retained earnings reserve represents cumulative profit or losses net of dividends paid and other
adjustments.