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REGISTERED NUMBER: 13151162 (England and Wales)











Unaudited Financial Statements

for the Year Ended 29th February 2024

for

United Machinery Rental Ltd

United Machinery Rental Ltd (Registered number: 13151162)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


United Machinery Rental Ltd

Company Information
for the Year Ended 29th February 2024







DIRECTORS: S K O'Keeffe
J D O'Keeffe





REGISTERED OFFICE: The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB





REGISTERED NUMBER: 13151162 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

United Machinery Rental Ltd (Registered number: 13151162)

Balance Sheet
29th February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 61,800 98,900

CURRENT ASSETS
Debtors 5 14,700 14,700
Cash at bank 46,741 19,893
61,441 34,593
CREDITORS
Amounts falling due within one year 6 92,334 99,763
NET CURRENT LIABILITIES (30,893 ) (65,170 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,907

33,730

PROVISIONS FOR LIABILITIES 15,450 24,725
NET ASSETS 15,457 9,005

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 15,157 8,705
15,457 9,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 11th April 2024 and were signed on its behalf by:



J D O'Keeffe - Director


United Machinery Rental Ltd (Registered number: 13151162)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

United Machinery Rental Ltd 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.
Plant and machinery etc - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

United Machinery Rental Ltd (Registered number: 13151162)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2023
and 29th February 2024 148,379
DEPRECIATION
At 1st March 2023 49,479
Charge for year 37,100
At 29th February 2024 86,579
NET BOOK VALUE
At 29th February 2024 61,800
At 28th February 2023 98,900

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 14,400 14,400
Other debtors 300 300
14,700 14,700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 33,496 10,680
VAT 9,248 9,493
Directors' current accounts 48,840 78,840
Accrued expenses 750 750
92,334 99,763

7. RELATED PARTY DISCLOSURES

Dividends paid to the directors and their families are £75,000 (2023 - £75,000)