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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
Page
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H & M Van Rentals Ltd Company Information for the year ended 31 January 2024
Director
Kadeer Hussain
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
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H & M Van Rentals Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
507,972 
503,849 
Current assets
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 
Capital and reserves
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
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H & M Van Rentals Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 January 2024
7,681 
499,559 
378 
354 
507,972 
At 31 January 2023
8,655 
494,333 
445 
416 
503,849 
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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 
- 
VAT
86,368 
118,024 
Taxes and social security
90,285 
92,311 
Proposed dividends
60,000 
74,831 
Other creditors
19,065 
3,900 
275,682 
289,066 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,214 
26,280 
7
Average number of employees
During the year the average number of employees was 6 (2023: 5).
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