IRIS Accounts Production v24.3.0.553 04876089 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048760892023-09-30048760892024-09-30048760892023-10-012024-09-30048760892022-09-30048760892022-10-012023-09-30048760892023-09-3004876089ns15:EnglandWales2023-10-012024-09-3004876089ns14:PoundSterling2023-10-012024-09-3004876089ns10:Director12023-10-012024-09-3004876089ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3004876089ns10:SmallEntities2023-10-012024-09-3004876089ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3004876089ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3004876089ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3004876089ns10:FullAccounts2023-10-012024-09-3004876089ns10:CompanySecretary12023-10-012024-09-3004876089ns10:RegisteredOffice2023-10-012024-09-3004876089ns5:CurrentFinancialInstruments2024-09-3004876089ns5:CurrentFinancialInstruments2023-09-3004876089ns5:Non-currentFinancialInstruments2024-09-3004876089ns5:Non-currentFinancialInstruments2023-09-3004876089ns5:ShareCapital2024-09-3004876089ns5:ShareCapital2023-09-3004876089ns5:RetainedEarningsAccumulatedLosses2024-09-3004876089ns5:RetainedEarningsAccumulatedLosses2023-09-3004876089ns5:PlantMachinery2023-10-012024-09-3004876089ns5:PlantMachinery2023-09-3004876089ns5:PlantMachinery2024-09-3004876089ns5:PlantMachinery2023-09-3004876089ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3004876089ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3004876089ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-09-3004876089ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3004876089ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3004876089ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30048760891ns10:Director12023-09-30048760891ns10:Director12022-09-30048760891ns10:Director12023-10-012024-09-30048760891ns10:Director12022-10-012023-09-30048760891ns10:Director12024-09-30048760891ns10:Director12023-09-30
REGISTERED NUMBER: 04876089 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

MOSS FORKLIFTS LIMITED

MOSS FORKLIFTS LIMITED (REGISTERED NUMBER: 04876089)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOSS FORKLIFTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTOR: M S Turner





SECRETARY:





REGISTERED OFFICE: Unit 6, Tower House Lane Business Park
Tower House Lane
Hedon Road
Saltend
HU12 8EE





REGISTERED NUMBER: 04876089 (England and Wales)





ACCOUNTANTS: The Accountancy & Administration Bureau
31 Thornfields
Thorngumbald
East Riding

MOSS FORKLIFTS LIMITED (REGISTERED NUMBER: 04876089)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 223,950 224,881

CURRENT ASSETS
Stocks 2,250 2,250
Debtors 5 144,895 152,781
Cash at bank and in hand 50,471 46,515
197,616 201,546
CREDITORS
Amounts falling due within one year 6 114,051 135,349
NET CURRENT ASSETS 83,565 66,197
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,515

291,078

CREDITORS
Amounts falling due after more than one
year

7

(54,823

)

(39,688

)

PROVISIONS FOR LIABILITIES (55,988 ) (56,220 )
NET ASSETS 196,704 195,170

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 196,504 194,970
SHAREHOLDERS' FUNDS 196,704 195,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

MOSS FORKLIFTS LIMITED (REGISTERED NUMBER: 04876089)

BALANCE SHEET - continued
30 September 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 22 October 2024 and were signed by:





M S Turner - Director


MOSS FORKLIFTS LIMITED (REGISTERED NUMBER: 04876089)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Moss Forklifts 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on 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.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

MOSS FORKLIFTS LIMITED (REGISTERED NUMBER: 04876089)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 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 3 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 604,574
Additions 92,060
At 30 September 2024 696,634
DEPRECIATION
At 1 October 2023 379,693
Charge for year 92,991
At 30 September 2024 472,684
NET BOOK VALUE
At 30 September 2024 223,950
At 30 September 2023 224,881

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 October 2023 72,833
Additions 34,600
At 30 September 2024 107,433
DEPRECIATION
At 1 October 2023 22,005
Charge for year 18,530
At 30 September 2024 40,535
NET BOOK VALUE
At 30 September 2024 66,898
At 30 September 2023 50,828

MOSS FORKLIFTS LIMITED (REGISTERED NUMBER: 04876089)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 85,820 93,366
Other debtors 59,075 59,415
144,895 152,781

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,123 10,123
Hire purchase contracts 27,249 18,461
Trade creditors 26,149 27,404
Taxation and social security 47,740 48,351
Other creditors 2,790 31,010
114,051 135,349

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,630 20,622
Hire purchase contracts 44,193 19,066
54,823 39,688

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 71,442 37,527

The hire purchase advances are secured on the assets purchased

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
M S Turner
Balance outstanding at start of year 59,415 -
Amounts advanced 59,076 59,415
Amounts repaid (59,415 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 59,076 59,415

MOSS FORKLIFTS LIMITED (REGISTERED NUMBER: 04876089)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £45,000 (2023 - £42,500) were paid to the director .