AG Plant Hire (UK) Limited |
Registered Number:09215246 |
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
AG Plant Hire (UK) Limited
Statement of Financial Position
2022
2023
22,750
24,500
2
Property, plant and equipment |
6,150,674
5,094,124
3
6,173,424
5,118,624
Trade and other receivables |
1,203,225
1,698,729
4
8,445
Cash and cash equivalents |
488,248
2,186,977
1,211,670
Trade and other payables: amounts falling due within one |
year |
(2,350,075)
(2,842,194)
5
(1,138,405)
(655,217)
Net current liabilities
Total assets less current liabilities |
5,518,207
3,980,219
Trade and other payables: amounts falling due after more |
than one year |
(2,833,237)
(3,568,146)
6
1,950,061
Net assets
1,146,982
2
2
1,950,059
1,146,980
1,950,061
1,146,982
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 16 November 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2023
AG Plant Hire (UK) Limited
Notes to the Financial Statements
Statutory Information
AG Plant Hire (UK) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09215246. |
Homestead Farm
Kingsley Road
Cellarhead
Stoke on Trent
ST9 0DJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of 20 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 30 September 2023
AG Plant Hire (UK) Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
35,000
35,000
10,500
1,750
Charge for year
12,250
22,750
24,500
3. Property, plant and equipment |
Motor vehicles
6,840,784
8,751
55,360
6,776,673
2,819,659
135
29,750
2,789,774
-
-
(1,130,250)
(1,130,250)
8,436,197
85,110
8,886
8,530,193
Provision for depreciation and impairment |
1,746,660
6,124
32,546
1,707,990
Charge for year
1,016,020
690
13,141
1,002,189
(383,161)
-
-
(383,161)
2,379,519
6,814
45,687
2,327,018
6,109,179
39,423
2,072
6,150,674
5,068,683
22,814
2,627
5,094,124
4. Trade and other receivables |
2022
2023
1,127,497
874,857
571,232
328,368
1,203,225
1,698,729
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For the year ended 30 September 2023
AG Plant Hire (UK) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
1,158,657
949,581
353,529
304,484
Taxation and social security |
124,060
211,949
1,205,948
884,061
2,842,194
2,350,075
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
308,266
580,999
3,259,880
2,252,238
3,568,146
2,833,237
7. Average number of persons employed |
During the year the average number of employees was 17 (2022 : 18)
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