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REGISTERED NUMBER: 09119317 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

KEVIN WHEELER HIRE LIMITED

KEVIN WHEELER HIRE LIMITED (REGISTERED NUMBER: 09119317)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEVIN WHEELER HIRE LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTORS: K Wheeler
R Wheeler





REGISTERED OFFICE: 1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB





REGISTERED NUMBER: 09119317 (England and Wales)





ACCOUNTANTS: THB LLP
1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB

KEVIN WHEELER HIRE LIMITED (REGISTERED NUMBER: 09119317)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 167,964 112,937

CURRENT ASSETS
Debtors 5 63,126 41,335
Cash at bank 63,805 25,447
126,931 66,782
CREDITORS
Amounts falling due within one year 6 178,001 153,929
NET CURRENT LIABILITIES (51,070 ) (87,147 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,894

25,790

CREDITORS
Amounts falling due after more than one
year

7

45,250

25,500
NET ASSETS 71,644 290

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 71,544 190
SHAREHOLDERS' FUNDS 71,644 290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

KEVIN WHEELER HIRE LIMITED (REGISTERED NUMBER: 09119317)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by:





K Wheeler - Director


KEVIN WHEELER HIRE LIMITED (REGISTERED NUMBER: 09119317)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Kevin Wheeler Hire Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

KEVIN WHEELER HIRE LIMITED (REGISTERED NUMBER: 09119317)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2022 203,645 4,827 1,284 209,756
Additions 86,151 - 294 86,445
At 31 July 2023 289,796 4,827 1,578 296,201
DEPRECIATION
At 1 August 2022 93,029 2,714 1,076 96,819
Charge for year 30,628 528 262 31,418
At 31 July 2023 123,657 3,242 1,338 128,237
NET BOOK VALUE
At 31 July 2023 166,139 1,585 240 167,964
At 31 July 2022 110,616 2,113 208 112,937

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 63,126 41,335

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 24,000 9,000
Trade creditors 968 24,757
Taxation and social security 33,510 11,698
Other creditors 119,523 108,474
178,001 153,929

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 45,250 25,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary £1 100 100

KEVIN WHEELER HIRE LIMITED (REGISTERED NUMBER: 09119317)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

9. RESERVES
Retained
earnings
£   

At 1 August 2022 190
Profit for the year 71,354
At 31 July 2023 71,544