Company Registration No. 10594670 (England and Wales)
H & M Van Rentals Ltd
Unaudited accounts
for the year ended 31 January 2024
H & M Van Rentals Ltd
Unaudited accounts
Contents
H & M Van Rentals Ltd
Company Information
for the year ended 31 January 2024
Company Number
10594670 (England and Wales)
Registered Office
Station Works
Bury Road, Radcliffe
Manchester
M26 2UA
Accountants
FIRST CHOICE ACCOUNTANTS LTD
SUITE 2.18, UNIVERSAL SQUARE
DEVONSHIRE STREET NORTH
MANCHESTER
LANCASHIRE
M12 6JH
H & M Van Rentals Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
507,972
503,849
Cash at bank and in hand
312
46,876
Creditors: amounts falling due within one year
(275,682)
(289,066)
Net current liabilities
(275,370)
(242,190)
Total assets less current liabilities
232,602
261,659
Creditors: amounts falling due after more than one year
(18,214)
(26,280)
Net assets
214,388
235,379
Called up share capital
100
100
Profit and loss account
214,288
235,279
Shareholders' funds
214,388
235,379
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 October 2024 and were signed on its behalf by
Kadeer Hussain
Director
Company Registration No. 10594670
H & M Van Rentals Ltd
Notes to the Accounts
for the year ended 31 January 2024
H & M Van Rentals Ltd is a private company, limited by shares, registered in England and Wales, registration number 10594670. The registered office is Station Works, Bury Road, Radcliffe, Manchester, M26 2UA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
15% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
10,557
736,995
607
799
748,958
Additions
382
131,738
-
-
132,120
Disposals
-
(38,354)
-
-
(38,354)
At 31 January 2024
10,939
830,379
607
799
842,724
At 1 February 2023
1,902
242,662
162
383
245,109
Charge for the year
1,356
88,158
67
62
89,643
At 31 January 2024
3,258
330,820
229
445
334,752
At 31 January 2024
7,681
499,559
378
354
507,972
At 31 January 2023
8,655
494,333
445
416
503,849
H & M Van Rentals Ltd
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
19,964
-
Taxes and social security
90,285
92,311
Proposed dividends
60,000
74,831
Other creditors
19,065
3,900
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 6 (2023: 5).