THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Company Registration Number:
05642268 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Directors' report period ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from
1 March 2022 to 28 February 2023

John Thompson
Carmen Thompson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 November 2023

And signed on behalf of the board by:
Name: Carmen Thompson
Status: Director

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Profit And Loss Account

for the Period Ended 28 February 2023

2023 2022


£

£
Turnover: 906,173 781,431
Cost of sales: ( 467,736 ) ( 497,495 )
Gross profit(or loss): 438,437 283,936
Distribution costs: ( 60,177 ) ( 92,312 )
Administrative expenses: ( 202,628 ) ( 197,080 )
Other operating income: 927
Operating profit(or loss): 175,632 (4,529)
Interest payable and similar charges: ( 12,013 ) ( 11,068 )
Profit(or loss) before tax: 163,619 (15,597)
Tax: ( 11,044 ) 13,484
Profit(or loss) for the financial year: 152,575 (2,113)

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 15,877 19,947
Tangible assets: 4 394,552 453,312
Total fixed assets: 410,429 473,259
Current assets
Stocks: 5 8,500 45,000
Debtors: 6 10,906 16,127
Cash at bank and in hand: 50,317 0
Total current assets: 69,723 61,127
Creditors: amounts falling due within one year: 7 ( 140,121 ) ( 247,593 )
Net current assets (liabilities): (70,398) (186,466)
Total assets less current liabilities: 340,031 286,793
Creditors: amounts falling due after more than one year: 8 ( 51,005 ) ( 108,576 )
Provision for liabilities: ( 38,581 ) ( 50,346 )
Total net assets (liabilities): 250,445 127,871
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 250,443 127,869
Total Shareholders' funds: 250,445 127,871

The notes form part of these financial statements

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 29 November 2023
and signed on behalf of the board by:

Name: Carmen Thompson
Status: Director

The notes form part of these financial statements

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 6 8

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 March 2022 81,400 81,400
Additions
Disposals
Revaluations
Transfers
At 28 February 2023 81,400 81,400
Amortisation
At 1 March 2022 61,453 61,453
Charge for year 4,070 4,070
On disposals
Other adjustments
At 28 February 2023 65,523 65,523
Net book value
At 28 February 2023 15,877 15,877
At 28 February 2022 19,947 19,947

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 203,244 527,116 17,996 316,225 1,064,581
Additions 3,099 1,568 4,667
Disposals
Revaluations
Transfers
At 28 February 2023 203,244 530,215 19,564 316,225 1,069,248
Depreciation
At 1 March 2022 0 379,851 13,383 218,035 611,269
Charge for year 37,595 1,283 24,549 63,427
On disposals
Other adjustments
At 28 February 2023 0 417,446 14,666 242,584 674,696
Net book value
At 28 February 2023 203,244 112,769 4,898 73,641 394,552
At 28 February 2022 203,244 147,265 4,613 98,190 453,312

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Stocks

2023 2022
£ £
Stocks 8,500 45,000
Total 8,500 45,000

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Debtors

2023 2022
£ £
Trade debtors 4,434 7,248
Other debtors 6,472 8,879
Total 10,906 16,127

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 25,531 108,015
Trade creditors 18,247 55,640
Taxation and social security 34,763 2,417
Other creditors 61,580 81,521
Total 140,121 247,593

THOMPSON FUELS & SKIP HIRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

8. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 29,582 52,692
Other creditors 21,423 55,884
Total 51,005 108,576