IRIS Accounts Production v23.3.0.418 01207398 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure012073982022-02-28012073982023-02-28012073982022-03-012023-02-28012073982021-02-28012073982021-03-012022-02-28012073982022-02-2801207398ns16:EnglandWales2022-03-012023-02-2801207398ns15:PoundSterling2022-03-012023-02-2801207398ns11:Director12022-03-012023-02-2801207398ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2801207398ns11:SmallEntities2022-03-012023-02-2801207398ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2801207398ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2801207398ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2801207398ns11:FullAccounts2022-03-012023-02-2801207398ns11:RegisteredOffice2022-03-012023-02-2801207398ns6:CurrentFinancialInstruments2023-02-2801207398ns6:CurrentFinancialInstruments2022-02-2801207398ns6:Non-currentFinancialInstruments2023-02-2801207398ns6:Non-currentFinancialInstruments2022-02-2801207398ns6:ShareCapital2023-02-2801207398ns6:ShareCapital2022-02-2801207398ns6:CapitalRedemptionReserve2023-02-2801207398ns6:CapitalRedemptionReserve2022-02-2801207398ns6:RetainedEarningsAccumulatedLosses2023-02-2801207398ns6:RetainedEarningsAccumulatedLosses2022-02-2801207398ns6:PlantMachinery2022-03-012023-02-2801207398ns6:FurnitureFittings2022-03-012023-02-2801207398ns6:MotorVehicles2022-03-012023-02-2801207398ns6:ComputerEquipment2022-03-012023-02-2801207398ns6:PlantMachinery2022-02-2801207398ns6:FurnitureFittings2022-02-2801207398ns6:MotorVehicles2022-02-2801207398ns6:ComputerEquipment2022-02-2801207398ns6:PlantMachinery2023-02-2801207398ns6:FurnitureFittings2023-02-2801207398ns6:MotorVehicles2023-02-2801207398ns6:ComputerEquipment2023-02-2801207398ns6:PlantMachinery2022-02-2801207398ns6:FurnitureFittings2022-02-2801207398ns6:MotorVehicles2022-02-2801207398ns6:ComputerEquipment2022-02-2801207398ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-02-2801207398ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-012023-02-2801207398ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2023-02-2801207398ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-02-2801207398ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-2801207398ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-28
REGISTERED NUMBER: 01207398 (England and Wales)













Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Humberside Aid Plant Hire Limited

Humberside Aid Plant Hire Limited (Registered number: 01207398)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Humberside Aid Plant Hire Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: K Cooper





REGISTERED OFFICE: Northampton Road
Scunthorpe
North Lincolnshire
DN16 1UJ





REGISTERED NUMBER: 01207398 (England and Wales)

Humberside Aid Plant Hire Limited (Registered number: 01207398)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 751,213 608,990

CURRENT ASSETS
Stocks 7,000 6,000
Debtors 5 107,713 136,875
Cash at bank 225,316 142,900
340,029 285,775
CREDITORS
Amounts falling due within one year 6 265,795 224,196
NET CURRENT ASSETS 74,234 61,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

825,447

670,569

CREDITORS
Amounts falling due after more than one
year

7

(268,152

)

(132,171

)

PROVISIONS FOR LIABILITIES (142,730 ) (115,708 )
NET ASSETS 414,565 422,690

CAPITAL AND RESERVES
Called up share capital 55 104
Capital redemption reserve 49 -
Retained earnings 414,461 422,586
SHAREHOLDERS' FUNDS 414,565 422,690

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 23 November 2023 and were signed by:





K Cooper - Director


Humberside Aid Plant Hire Limited (Registered number: 01207398)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Humberside Aid 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Humberside Aid Plant Hire Limited (Registered number: 01207398)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 1,386,397 24,372 99,739 6,641 1,517,149
Additions 339,135 - 18,795 - 357,930
Disposals (245,048 ) - (6,000 ) - (251,048 )
At 28 February 2023 1,480,484 24,372 112,534 6,641 1,624,031
DEPRECIATION
At 1 March 2022 820,045 21,160 62,517 4,437 908,159
Charge for year 118,434 642 9,230 551 128,857
Eliminated on disposal (158,598 ) - (5,600 ) - (164,198 )
At 28 February 2023 779,881 21,802 66,147 4,988 872,818
NET BOOK VALUE
At 28 February 2023 700,603 2,570 46,387 1,653 751,213
At 28 February 2022 566,352 3,212 37,222 2,204 608,990

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2022 863,619
Additions 321,150
Disposals (210,950 )
Transfer to ownership (93,150 )
At 28 February 2023 880,669
DEPRECIATION
At 1 March 2022 413,932
Charge for year 95,613
Eliminated on disposal (129,856 )
Transfer to ownership (57,001 )
At 28 February 2023 322,688
NET BOOK VALUE
At 28 February 2023 557,981
At 28 February 2022 449,687

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 94,258 119,297
Other debtors 13,455 17,578
107,713 136,875

Humberside Aid Plant Hire Limited (Registered number: 01207398)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 109,921 108,323
Trade creditors 18,685 20,777
Taxation and social security 3,993 65,331
Other creditors 133,196 29,765
265,795 224,196

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 256,678 132,171
Other creditors 11,474 -
268,152 132,171

8. RELATED PARTY DISCLOSURES

Mrs G Cooper - A shareholder of the company during the year.

During the year the company paid rent to Mrs G Cooper amounting to £7,400 (2022- £7,200)

9. ULTIMATE CONTROLLING PARTY

Mr K Cooper is the ultimate controlling party.