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REGISTERED NUMBER: 10875359 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2021

FOR

SOUTHPORT SKIP HIRE LIMITED

SOUTHPORT SKIP HIRE LIMITED (REGISTERED NUMBER: 10875359)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

SOUTHPORT SKIP HIRE LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2021







DIRECTOR: J A Beaumont





SECRETARY: J A Beaumont





REGISTERED OFFICE: Martland Mill
Mart Lane
Burscough
Lancashire
L40 0SD





REGISTERED NUMBER: 10875359 (England and Wales)





ACCOUNTANTS: Beaumont & Co
Suite 5
Martland Mill
Mart Lane
Burscough
Lancashire
L40 0SD

SOUTHPORT SKIP HIRE LIMITED (REGISTERED NUMBER: 10875359)

BALANCE SHEET
31 July 2021

31.7.21 31.7.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 391,292 242,423

CURRENT ASSETS
Debtors 5 295,621 344,921
Cash at bank 286,728 189,309
582,349 534,230
CREDITORS
Amounts falling due within one year 6 565,420 483,828
NET CURRENT ASSETS 16,929 50,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

408,221

292,825

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 408,121 292,725
SHAREHOLDERS' FUNDS 408,221 292,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 August 2022 and were signed by:





J A Beaumont - Director


SOUTHPORT SKIP HIRE LIMITED (REGISTERED NUMBER: 10875359)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2021

1. STATUTORY INFORMATION

Southport Skip Hire Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - 14 ).

SOUTHPORT SKIP HIRE LIMITED (REGISTERED NUMBER: 10875359)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2020 300,723
Additions 192,346
At 31 July 2021 493,069
DEPRECIATION
At 1 August 2020 58,300
Charge for year 43,477
At 31 July 2021 101,777
NET BOOK VALUE
At 31 July 2021 391,292
At 31 July 2020 242,423

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.21 31.7.20
£    £   
Trade debtors 295,621 182,977
Other debtors - 161,944
295,621 344,921

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.21 31.7.20
£    £   
Bank loans and overdrafts 37,134 50,000
Hire purchase contracts 21,218 32,737
Trade creditors 65,862 74,430
Taxation and social security 175,846 178,513
Other creditors 265,360 148,148
565,420 483,828

SOUTHPORT SKIP HIRE LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
SOUTHPORT SKIP HIRE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2021 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Beaumont & Co
Suite 5
Martland Mill
Mart Lane
Burscough
Lancashire
L40 0SD


1 August 2022