Registered number: 02253846 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||
W. S. Hunt's Contract Hire Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Surrey | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02253846 | ||||||||
W. S. Hunt's Contract Hire Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
W. S. Hunt's Contract Hire Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
24,376 | 178,149 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 145,912 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | - | 183,137 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
W. S. Hunt's Contract Hire Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis of accounting and general information | ||||||||
W. S. Hunt's Contract Hire Limited is a private company limited by shares and incorporated in England within the United Kingdom, registration number 02253846. The registered office is 71 Brox Road, Ottershaw, Surrey KT16 0LZ. | ||||||||
The financial statements have been prepared under the historical cost convention in accordance with FRS 102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. |
1b. Going Concern | ||||||||
The company ceased trading on 29 February 2024 and the financial statements have been prepared on a basis other than that of the going concern basis. For administrative purposes, the directors have decided to have the company struck off the register and, in this respect, the necessary form DS01 will be submitted to the Registrar of Companies in due course. The necessary resolutions to reduce the Share Capital of the company and a solvency statement were duly filed with the Registrar of Companies on 5 March 2024.. |
1c. Tangible fixed assets | ||||||||
Commercial Vehicles | reducing balance 25% |
1d. Pensions | ||||||||
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are expensed as they become payable. |
1e. Taxation | ||||||||
Current tax represents the amount of tax payable or receivable in respect of the taxable profit or (loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date. | ||||||||
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profits. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is measured using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date that are expected to apply to the reversal of timing differences. |
W. S. Hunt's Contract Hire Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||
Commercial | ||||
Vehicles | Total | |||
£ | £ | |||
Cost | ||||
At 1 April 2023 | 192,055 | 192,055 | ||
Disposals | (192,055) | (192,055) | ||
At 31 March 2024 | - | - | ||
Depreciation | ||||
At 1 April 2023 | 134,848 | 134,848 | ||
Disposals | (144,382) | (144,382) | ||
For the year | 9,534 | 9,534 | ||
At 31 March 2024 | - | - | ||
Net Book Amounts | ||||
At 31 March 2024 | - | - | ||
At 31 March 2023 | 57,207 | 57,207 | ||
3. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | - | 45,792 | ||||||
Other debtors | 3,421 | 607 | ||||||
3,421 | 46,399 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Other tax and social security | - | 12,553 | ||||||
Trade creditors | - | 11,615 | ||||||
Other creditors | 3,000 | 5,549 | ||||||
Amounts due to group companies | 21,375 | 2,520 | ||||||
24,375 | 32,237 | |||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
W. S. Hunt's Contract Hire Limited | ||||||||
6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | - | 9,982 | ||||||
- | 9,982 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 10,000 | |||||||
1 | 10,000 | |||||||
On 29 February 2024 the members resolved to reduce the share capital of the company from £10,000 to £1 by cancellation of 9,999 Ordinary shares of £1 each. |
8. CONTROLLING PARTY | ||||||||
The parent company for the current and prior year is W. S. Hunt's Holdings Limited, 71 Brox Road, Ottershaw, Surrey, KT16 0LZ, a company registered in England and Wales. The ultimate controlling party is Truett Holdings Limited, 71 Brox Road, Ottershaw, Surrey KT16 0LZ. | ||||||||
9. FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENCIES | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Total financial commitments, guarantees and contingencies not included in the balance sheet are as follows: | ||||||||
Commitments under non - cancellable operating leases over the remaining life of those leases | nil | 32,577 | ||||||
10. PENSION COMMITMENTS | ||||||||
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £nil (2023 - £186) were due to the fund. | ||||||||