Company Registration No. 8531236 (England and Wales)
HRC ENVIRONMENTAL SERVICES LTD
Unaudited accounts
for the year ended 31 May 2023
HRC ENVIRONMENTAL SERVICES LTD
Unaudited accounts
Contents
HRC ENVIRONMENTAL SERVICES LTD
Company Information
for the year ended 31 May 2023
Directors
Mrs S Medd
Mr S A Medd
Mrs M M Pearcy
Mr P Walker
Mr M Hastings
Company Number
8531236 (England and Wales)
Registered Office
Ocean House
Priory Park, Saxon Way
Hessle
East Yorkshire
HU13 9PB
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
HRC ENVIRONMENTAL SERVICES LTD
Statement of financial position
as at 31 May 2023
Tangible assets
76,548
103,230
Cash at bank and in hand
65,232
63,720
Creditors: amounts falling due within one year
(174,091)
(236,864)
Net current assets
74,089
27,091
Total assets less current liabilities
150,637
130,321
Creditors: amounts falling due after more than one year
-
(35,760)
Called up share capital
400
400
Profit and loss account
150,237
94,161
Shareholders' funds
150,637
94,561
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by
Mr S A Medd
Director
Company Registration No. 8531236
HRC ENVIRONMENTAL SERVICES LTD
Notes to the Accounts
for the year ended 31 May 2023
HRC ENVIRONMENTAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 8531236. The registered office is Ocean House, Priory Park, Saxon Way, Hessle, East Yorkshire, HU13 9PB.
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% cost
Fixtures & fittings
25% cost
Computer equipment
25% cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
HRC ENVIRONMENTAL SERVICES LTD
Notes to the Accounts
for the year ended 31 May 2023
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
86,799
50,371
38,319
19,661
195,150
Additions
16,500
18,800
169
4,927
40,396
Disposals
(30,000)
(36,333)
-
-
(66,333)
At 31 May 2023
73,299
32,838
38,488
24,588
169,213
At 1 June 2022
29,711
21,831
25,221
15,157
91,920
Charge for the year
12,669
2,449
1,841
3,468
20,427
On disposals
(6,203)
(13,479)
-
-
(19,682)
At 31 May 2023
36,177
10,801
27,062
18,625
92,665
At 31 May 2023
37,122
22,037
11,426
5,963
76,548
At 31 May 2022
57,088
28,540
13,098
4,504
103,230
Amounts falling due within one year
Trade debtors
182,622
200,235
Accrued income and prepayments
326
-
HRC ENVIRONMENTAL SERVICES LTD
Notes to the Accounts
for the year ended 31 May 2023
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
11,921
Trade creditors
65,149
86,921
Taxes and social security
49,091
45,332
Other creditors
1,521
1,584
Loans from directors
17,764
37,643
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
35,760
Allotted, called up and fully paid:
400 Ordinary shares of £1 each
400
400
10
Average number of employees
During the year the average number of employees was 28 (2022: 30).