S M H CONTAINER SERVICES LIMITED

Company Registration Number:
08307309 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

S M H CONTAINER SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

S M H CONTAINER SERVICES LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,110,429 966,144
Total fixed assets: 1,110,429 966,144
Current assets
Stocks: 762 762
Debtors:   501,647 722,235
Cash at bank and in hand: 36,510 97,438
Total current assets: 538,919 820,435
Creditors: amounts falling due within one year:   (575,310) (629,590)
Net current assets (liabilities): (36,391) 190,845
Total assets less current liabilities: 1,074,038 1,156,989
Creditors: amounts falling due after more than one year:   (540,088) (541,237)
Total net assets (liabilities): 533,950 615,752
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 533,850 615,652
Shareholders funds: 533,950 615,752

The notes form part of these financial statements

S M H CONTAINER SERVICES LIMITED

Balance sheet statements

For the year ending 30 November 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 June 2024
and signed on behalf of the board by:

Name: S Halfpenny
Status: Director

The notes form part of these financial statements

S M H CONTAINER SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value addedtaxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover isreduced for estimated customer returns, rebates and other similar allowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods hastransferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. Thestage of completion of a contract is measured by comparing the costs incurred for work performed to date to the totalestimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of acontract cannot be estimated reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,over their expected useful lives on the following bases:Plant & Machinery 15% reducing balanceMotor Vehicles 15% reducing balanceComputer Equipment 25% reducing balance

Other accounting policies

Leasing and Hire Purchase ContractsAssets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases aredepreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts aredepreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks ofownership are assumed by the company. Obligations under such agreements are included in the creditors net of thefinance charge allocated to future periods. The finance element of the rental payment is charged to the profit and lossaccount so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with thelessor are charged to profit and loss account as incurred.Stocks and Work in ProgressStocks and work in progress are valued at the lower of cost and net realisable value after making due allowance forobsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variableoverheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover andrelated costs as contract activity progresses.

S M H CONTAINER SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 5 4

S M H CONTAINER SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 1,372,965
Additions 440,741
At 30 November 2023 1,813,706
Depreciation
At 01 December 2022 406,821
Charge for year 296,456
At 30 November 2023 703,277
Net book value
At 30 November 2023 1,110,429
At 30 November 2022 966,144