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REGISTERED NUMBER: 07490531 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

M J HARWOOD PLANT HIRE LIMITED

M J HARWOOD PLANT HIRE LIMITED (REGISTERED NUMBER: 07490531)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 4

Report of the Accountants 6

M J HARWOOD PLANT HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mr M J Harwood





REGISTERED OFFICE: 584 Wellsway
Bath
Somerset
BA2 2UE





REGISTERED NUMBER: 07490531 (England and Wales)





ACCOUNTANTS: JSH Accountancy Limited
584 Wellsway
Bath
Somerset
BA2 2UE

M J HARWOOD PLANT HIRE LIMITED (REGISTERED NUMBER: 07490531)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31 JANUARY 2023


The director presents his report with the financial statements of the company for the year ended 31 January 2023.

DIRECTOR
Mr M J Harwood held office during the whole of the period from 1 February 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr M J Harwood - Director


25 October 2023

M J HARWOOD PLANT HIRE LIMITED (REGISTERED NUMBER: 07490531)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 113,969 59,504

CURRENT ASSETS
Stocks 27,750 27,750
Debtors 5 10,868 -
Cash at bank 12,655 37,572
51,273 65,322
CREDITORS
Amounts falling due within one year 6 (204,575 ) (154,086 )
NET CURRENT LIABILITIES (153,302 ) (88,764 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(39,333

)

(29,260

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (39,334 ) (29,261 )
SHAREHOLDERS' FUNDS (39,333 ) (29,260 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 25 October 2023 and were signed by:





Mr M J Harwood - Director


M J HARWOOD PLANT HIRE LIMITED (REGISTERED NUMBER: 07490531)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

M J Harwood Plant 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 - 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

M J HARWOOD PLANT HIRE LIMITED (REGISTERED NUMBER: 07490531)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2022 193,030
Additions 75,438
Disposals (72,000 )
At 31 January 2023 196,468
DEPRECIATION
At 1 February 2022 133,526
Charge for year 6,799
Eliminated on disposal (57,826 )
At 31 January 2023 82,499
NET BOOK VALUE
At 31 January 2023 113,969
At 31 January 2022 59,504

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT 10,868 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 57,478 -
Social security and other taxes 301 10,839
VAT - 7,871
Directors' current accounts 145,596 134,176
Accruals and deferred income 1,200 1,200
204,575 154,086

M J HARWOOD PLANT HIRE LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
M J HARWOOD PLANT 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 January 2023 set out on page 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.






JSH Accountancy Limited
584 Wellsway
Bath
Somerset
BA2 2UE


Date: .............................................