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REGISTERED NUMBER: 12585717 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Union Aggregates & Grab Hire Limited

Union Aggregates & Grab Hire Limited (Registered number: 12585717)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Union Aggregates & Grab Hire Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: A P Bamforth





SECRETARY:





REGISTERED OFFICE: Union House Little Catwick Quarry
Leven
Beverley
HU17 5AA





REGISTERED NUMBER: 12585717 (England and Wales)





ACCOUNTANTS: Specialist Financial Solutions Limited
3 Coltman Close
Brough
HU15 1GS

Union Aggregates & Grab Hire Limited (Registered number: 12585717)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 791,400 794,337

CURRENT ASSETS
Stocks 34,970 65,700
Debtors 5 115,104 97,656
Prepayments and accrued income 59,908 64,240
Cash at bank and in hand 2,327 3,734
212,309 231,330
CREDITORS
Amounts falling due within one year 6 1,187,609 948,283
NET CURRENT LIABILITIES (975,300 ) (716,953 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(183,900

)

77,384

CREDITORS
Amounts falling due after more than
one year

7

131,548

331,690
NET LIABILITIES (315,448 ) (254,306 )

CAPITAL AND RESERVES
Called up share capital (2 ) 2
Retained earnings (315,446 ) (254,308 )
(315,448 ) (254,306 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Union Aggregates & Grab Hire Limited (Registered number: 12585717)

Balance Sheet - continued
31 May 2024


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 director and authorised for issue on 16 October 2024 and were signed by:





A P Bamforth - Director


Union Aggregates & Grab Hire Limited (Registered number: 12585717)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Union Aggregates & Grab 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Union Aggregates & Grab Hire Limited (Registered number: 12585717)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 985,455
Additions 182,414
Disposals (124,000 )
At 31 May 2024 1,043,869
DEPRECIATION
At 1 June 2023 191,118
Charge for year 92,351
Eliminated on disposal (31,000 )
At 31 May 2024 252,469
NET BOOK VALUE
At 31 May 2024 791,400
At 31 May 2023 794,337

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 115,104 97,656

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 143,578 123,284
Trade creditors 56,902 94,589
Taxation and social security 68,576 60,035
Other creditors 918,553 670,375
1,187,609 948,283

Union Aggregates & Grab Hire Limited (Registered number: 12585717)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 19,150 29,812
Hire purchase contracts 112,398 301,878
131,548 331,690