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REGISTERED NUMBER: SC289204 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

E. D. M. PLANT HIRER & CONTRACTOR LTD

E. D. M. PLANT HIRER & CONTRACTOR LTD (REGISTERED NUMBER: SC289204)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E. D. M. PLANT HIRER & CONTRACTOR LTD

COMPANY INFORMATION
For The Year Ended 30 September 2023







DIRECTOR: Ewen Diarmid MacKinnon





SECRETARY: Rebecca Douna MacKinnon





REGISTERED OFFICE: R A Clement Associates
5 Argyll Square
OBAN
PA34 4AZ





REGISTERED NUMBER: SC289204 (Scotland)





ACCOUNTANTS: R A Clement Associates
5 Argyll Square
OBAN
Argyll
PA34 4AZ

E. D. M. PLANT HIRER & CONTRACTOR LTD (REGISTERED NUMBER: SC289204)

BALANCE SHEET
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 201,730 242,281
201,730 242,281

CURRENT ASSETS
Debtors 6 44,623 31,575
Prepayments and accrued income 3,374 2,779
Cash at bank 266,182 269,428
314,179 303,782
CREDITORS
Amounts falling due within one year 7 52,171 37,745
NET CURRENT ASSETS 262,008 266,037
TOTAL ASSETS LESS CURRENT
LIABILITIES

463,738

508,318

CREDITORS
Amounts falling due after more than one year 8 - (29,922 )

PROVISIONS FOR LIABILITIES (50,433 ) (49,099 )
NET ASSETS 413,305 429,297

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 413,205 429,197
SHAREHOLDERS' FUNDS 413,305 429,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

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 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.

E. D. M. PLANT HIRER & CONTRACTOR LTD (REGISTERED NUMBER: SC289204)

BALANCE SHEET - continued
30 September 2023


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 1 March 2024 and were signed by:





Ewen Diarmid MacKinnon - Director


E. D. M. PLANT HIRER & CONTRACTOR LTD (REGISTERED NUMBER: SC289204)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2023

1. STATUTORY INFORMATION

E. D. M. Plant Hirer & Contractor Ltd is a private company, limited by shares , registered in Scotland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Storage shed - 4% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

E. D. M. PLANT HIRER & CONTRACTOR LTD (REGISTERED NUMBER: SC289204)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 31,000
AMORTISATION
At 1 October 2022
and 30 September 2023 31,000
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Storage Plant and and
shed machinery fittings
£    £    £   
COST
At 1 October 2022 38,942 918,233 18,246
Additions - 46,762 -
Disposals - (90,495 ) -
At 30 September 2023 38,942 874,500 18,246
DEPRECIATION
At 1 October 2022 23,374 708,807 7,808
Charge for year 1,558 43,661 2,088
Eliminated on disposal - (52,614 ) -
At 30 September 2023 24,932 699,854 9,896
NET BOOK VALUE
At 30 September 2023 14,010 174,646 8,350
At 30 September 2022 15,568 209,426 10,438

E. D. M. PLANT HIRER & CONTRACTOR LTD (REGISTERED NUMBER: SC289204)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2022 47,678 6,758 1,029,857
Additions - - 46,762
Disposals - - (90,495 )
At 30 September 2023 47,678 6,758 986,124
DEPRECIATION
At 1 October 2022 42,479 5,108 787,576
Charge for year 1,300 825 49,432
Eliminated on disposal - - (52,614 )
At 30 September 2023 43,779 5,933 784,394
NET BOOK VALUE
At 30 September 2023 3,899 825 201,730
At 30 September 2022 5,199 1,650 242,281

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 44,623 31,575

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 9,768
Trade creditors 5,077 3,551
Taxation and social security 31,227 18,565
Other creditors 15,867 5,861
52,171 37,745

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 29,922