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REGISTERED NUMBER: 09130948 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2022

for

Bin Hire Limited

Bin Hire Limited (Registered number: 09130948)






Contents of the Financial Statements
for the Year Ended 31 July 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bin Hire Limited

Company Information
for the Year Ended 31 July 2022







DIRECTOR: Mr A C Prior





REGISTERED OFFICE: 8th Floor
Elizabeth House
54-58 High Street
Edgware
Middlesex
HA8 7EJ





REGISTERED NUMBER: 09130948 (England and Wales)





ACCOUNTANTS: Selwyn Miles & Company
Certified Practising Accountants
8th Floor
Elizabeth House
54-58 High Street
Edgware
Middlesex
HA8 7EJ

Bin Hire Limited (Registered number: 09130948)

Balance Sheet
31 July 2022

31.7.22 31.7.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,138 35,390

CURRENT ASSETS
Debtors 5 95,435 67,887
Cash at bank 188,275 120,122
283,710 188,009
CREDITORS
Amounts falling due within one year 6 258,704 191,085
NET CURRENT ASSETS/(LIABILITIES) 25,006 (3,076 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,144

32,314

CREDITORS
Amounts falling due after more than one
year

7

15,741

18,257
NET ASSETS 71,403 14,057

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 71,303 13,957
SHAREHOLDERS' FUNDS 71,403 14,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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.

Bin Hire Limited (Registered number: 09130948)

Balance Sheet - continued
31 July 2022


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 26 August 2023 and were signed by:





Mr A C Prior - Director


Bin Hire Limited (Registered number: 09130948)

Notes to the Financial Statements
for the Year Ended 31 July 2022

1. STATUTORY INFORMATION

Bin 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.
Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 August 2021 2,011 65,488 67,499
Additions 3,000 44,460 47,460
At 31 July 2022 5,011 109,948 114,959
DEPRECIATION
At 1 August 2021 1,388 30,721 32,109
Charge for year 906 19,806 20,712
At 31 July 2022 2,294 50,527 52,821
NET BOOK VALUE
At 31 July 2022 2,717 59,421 62,138
At 31 July 2021 623 34,767 35,390

Bin Hire Limited (Registered number: 09130948)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Trade debtors 43,978 21,435
Other debtors 51,457 46,452
95,435 67,887

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Bank loans and overdrafts 2,067 2,067
Trade creditors 3,183 -
Tax 5,433 493
Social security and other taxes 18,102 -
Other creditors 115,044 78,372
Directors' current accounts 98,762 99,825
Accrued expenses 16,113 10,328
258,704 191,085

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.22 31.7.21
£    £   
Bank loans - 1-2 years 2,067 2,067
Bank loans - 2-5 years 6,200 6,200
Bank loans more 5 yr by instal 7,474 9,990
15,741 18,257

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,474 9,990

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.22 31.7.21
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 August 2021 13,957
Profit for the year 72,346
Dividends (15,000 )
At 31 July 2022 71,303