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Company Registration No. 0886469 (England and Wales)
HIGGINS (PLANT HIRE) LIMITED Unaudited accounts for the year ended 10 April 2024
HIGGINS (PLANT HIRE) LIMITED Unaudited accounts Contents
Page
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HIGGINS (PLANT HIRE) LIMITED Company Information for the year ended 10 April 2024
Director
B O Higgins
Company Number
0886469 (England and Wales)
Registered Office
Unit 1 Packhorse Lane Kings Norton Birmingham B38 0DN
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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HIGGINS (PLANT HIRE) LIMITED Statement of financial position as at 10 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
163,170 
174,981 
Current assets
Debtors
3,607 
41,119 
Cash at bank and in hand
2,568 
9,212 
6,175 
50,331 
Creditors: amounts falling due within one year
(29,230)
(10,163)
Net current (liabilities)/assets
(23,055)
40,168 
Total assets less current liabilities
140,115 
215,149 
Creditors: amounts falling due after more than one year
(37,940)
(101,893)
Net assets
102,175 
113,256 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
102,073 
113,154 
Shareholders' funds
102,175 
113,256 
For the year ending 10 April 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 1 October 2024 and were signed on its behalf by
B O Higgins Director Company Registration No. 0886469
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HIGGINS (PLANT HIRE) LIMITED Notes to the Accounts for the year ended 10 April 2024
1
Statutory information
HIGGINS (PLANT HIRE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 0886469. The registered office is Unit 1 Packhorse Lane, Kings Norton, Birmingham, B38 0DN.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 11 April 2023
1,068,700 
388,644 
26,188 
1,483,532 
Additions
- 
41,172 
- 
41,172 
Disposals
- 
(18,000)
- 
(18,000)
At 10 April 2024
1,068,700 
411,816 
26,188 
1,506,704 
Depreciation
At 11 April 2023
928,305 
355,558 
24,688 
1,308,551 
Charge for the year
21,059 
13,699 
225 
34,983 
At 10 April 2024
949,364 
369,257 
24,913 
1,343,534 
Net book value
At 10 April 2024
119,336 
42,559 
1,275 
163,170 
At 10 April 2023
140,395 
33,086 
1,500 
174,981 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,607 
41,119 
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HIGGINS (PLANT HIRE) LIMITED Notes to the Accounts for the year ended 10 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
29,230 
10,163 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
17,460 
12,752 
Loans from directors
20,480 
89,141 
37,940 
101,893 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102 
102 
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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