2023-02-01 2024-01-31 false Capium Accounts Production 1.1 05341500 bus:AbridgedAccounts 2023-02-01 2024-01-31 05341500 bus:FRS102 2023-02-01 2024-01-31 05341500 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 05341500 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05341500 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05341500 2023-02-01 2024-01-31 05341500 2024-01-31 05341500 bus:RegisteredOffice 2023-02-01 2024-01-31 05341500 core:WithinOneYear 2024-01-31 05341500 core:AfterOneYear 2024-01-31 05341500 bus:Director1 2023-02-01 2024-01-31 05341500 bus:Director1 2024-01-31 05341500 bus:Director1 2022-02-01 2023-01-31 05341500 2022-02-01 05341500 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 05341500 2022-02-01 2023-01-31 05341500 2023-01-31 05341500 core:WithinOneYear 2023-01-31 05341500 core:AfterOneYear 2023-01-31 05341500 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 05341500 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 05341500 bus:OrdinaryShareClass1 2024-01-31 05341500 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 05341500 bus:OrdinaryShareClass1 2023-01-31 05341500 core:PlantMachinery 2023-02-01 2024-01-31 05341500 core:PlantMachinery 2024-01-31 05341500 core:PlantMachinery 2023-01-31 05341500 core:MotorCars 2023-02-01 2024-01-31 05341500 core:MotorCars 2024-01-31 05341500 core:MotorCars 2023-01-31 05341500 core:FurnitureFittings 2023-02-01 2024-01-31 05341500 core:FurnitureFittings 2024-01-31 05341500 core:FurnitureFittings 2023-01-31 05341500 core:ComputerEquipment 2023-02-01 2024-01-31 05341500 core:ComputerEquipment 2024-01-31 05341500 core:ComputerEquipment 2023-01-31 05341500 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 05341500 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-31 05341500 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 05341500 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 05341500 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 05341500 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 05341500 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 05341500 core:Non-currentFinancialInstruments 2024-01-31 05341500 core:Non-currentFinancialInstruments 2023-01-31 05341500 core:ShareCapital 2024-01-31 05341500 core:ShareCapital 2023-01-31 05341500 core:RetainedEarningsAccumulatedLosses 2024-01-31 05341500 core:RetainedEarningsAccumulatedLosses 2023-01-31 05341500 dpl:Item1 2023-02-01 05341500 dpl:Item1 2024-01-31 05341500 dpl:Item1 2022-02-01 05341500 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05341500
England and Wales

 

 

 

VERNONS PLANT HIRE LTD


Abridged Accounts
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 January 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Handmill Accountants Ltd
31 January 2024



....................................................
Handmill Accountants Ltd
Spencer House
114 High Street
Wordsley, Stourbridge
West Midlands
DY8 5QR
09 September 2024
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 175,049    194,167 
175,049    194,167 
Current assets      
Stocks 1,820    4,215 
Debtors 68,091    52,461 
Cash at bank and in hand 12,564    48,155 
82,475    104,831 
Creditors: amount falling due within one year (117,669)   (152,501)
Net current assets (35,194)   (47,670)
 
Total assets less current liabilities 139,855    146,497 
Net assets 139,855    146,497 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 139,755    146,397 
Shareholders' funds 139,855    146,497 
 


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 09 September 2024 and were signed by:


-------------------------------
Frank Vernon
Director
2
General Information
Vernons Plant Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 05341500, registration address Spencer House, 114 High Street, Wordsley, Stourbridge, West Midlands, DY8 5QR.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 10% Reducing Balance
Motor Vehicles 10% Reducing Balance
Fixtures and Fittings 10% Reducing Balance
Computer Equipment 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £   £
At 01 February 2023 503,907    263,739    4,114      771,760 
Additions       399    399 
Disposals        
At 31 January 2024 503,907    263,739    4,114    399    772,159 
Depreciation
At 01 February 2023 322,672    251,746    3,175      577,593 
Charge for year 18,124    1,199    94    100    19,517 
On disposals        
At 31 January 2024 340,796    252,945    3,269    100    597,110 
Net book values
Closing balance as at 31 January 2024 163,111    10,794    845    299    175,049 
Opening balance as at 01 February 2023 181,235    11,993    939      194,167 


4.

Share Capital

Authorised
100 Class A shares of £1.00 each
Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

3