2023-02-202024-02-292024-02-29false14676384MYK SKIP HIRE LTD2024-11-2038110iso4217:GBPxbrli:pure146763842023-02-20146763842024-02-29146763842023-02-202024-02-29146763842023-02-19146763842023-02-19146763842023-02-192023-02-1914676384bus:SmallEntities2023-02-202024-02-2914676384bus:AuditExempt-NoAccountantsReport2023-02-202024-02-2914676384bus:AbridgedAccounts2023-02-202024-02-2914676384bus:PrivateLimitedCompanyLtd2023-02-202024-02-2914676384core:WithinOneYear2024-02-2914676384core:AfterOneYear2024-02-2914676384core:WithinOneYear2023-02-1914676384core:AfterOneYear2023-02-1914676384core:ShareCapital2024-02-2914676384core:SharePremium2024-02-2914676384core:RevaluationReserve2024-02-2914676384core:OtherReservesSubtotal2024-02-2914676384core:RetainedEarningsAccumulatedLosses2024-02-2914676384core:ShareCapital2023-02-1914676384core:SharePremium2023-02-1914676384core:RevaluationReserve2023-02-1914676384core:OtherReservesSubtotal2023-02-1914676384core:RetainedEarningsAccumulatedLosses2023-02-1914676384core:LandBuildings2024-02-2914676384core:PlantMachinery2024-02-2914676384core:Vehicles2024-02-2914676384core:FurnitureFittings2024-02-2914676384core:OfficeEquipment2024-02-2914676384core:NetGoodwill2024-02-2914676384core:IntangibleAssetsOtherThanGoodwill2024-02-2914676384core:ListedExchangeTraded2024-02-2914676384core:UnlistedNon-exchangeTraded2024-02-2914676384core:LandBuildings2023-02-1914676384core:PlantMachinery2023-02-1914676384core:Vehicles2023-02-1914676384core:FurnitureFittings2023-02-1914676384core:OfficeEquipment2023-02-1914676384core:NetGoodwill2023-02-1914676384core:IntangibleAssetsOtherThanGoodwill2023-02-1914676384core:ListedExchangeTraded2023-02-1914676384core:UnlistedNon-exchangeTraded2023-02-1914676384core:LandBuildings2023-02-202024-02-2914676384core:PlantMachinery2023-02-202024-02-2914676384core:Vehicles2023-02-202024-02-2914676384core:FurnitureFittings2023-02-202024-02-2914676384core:OfficeEquipment2023-02-202024-02-2914676384core:NetGoodwill2023-02-202024-02-2914676384core:IntangibleAssetsOtherThanGoodwill2023-02-202024-02-2914676384core:ListedExchangeTraded2023-02-202024-02-2914676384core:UnlistedNon-exchangeTraded2023-02-202024-02-2914676384core:MoreThanFiveYears2023-02-202024-02-2914676384core:Non-currentFinancialInstruments2024-02-2914676384core:Non-currentFinancialInstruments2023-02-1914676384dpl:CostSales2023-02-202024-02-2914676384dpl:DistributionCosts2023-02-202024-02-2914676384core:LandBuildings2023-02-202024-02-2914676384core:PlantMachinery2023-02-202024-02-2914676384core:Vehicles2023-02-202024-02-2914676384core:FurnitureFittings2023-02-202024-02-2914676384core:OfficeEquipment2023-02-202024-02-2914676384dpl:AdministrativeExpenses2023-02-202024-02-2914676384core:NetGoodwill2023-02-202024-02-2914676384core:IntangibleAssetsOtherThanGoodwill2023-02-202024-02-2914676384dpl:GroupUndertakings2023-02-202024-02-2914676384dpl:ParticipatingInterests2023-02-202024-02-2914676384dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-202024-02-2914676384core:ListedExchangeTraded2023-02-202024-02-2914676384dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-202024-02-2914676384core:UnlistedNon-exchangeTraded2023-02-202024-02-2914676384dpl:CostSales2023-02-192023-02-1914676384dpl:DistributionCosts2023-02-192023-02-1914676384core:LandBuildings2023-02-192023-02-1914676384core:PlantMachinery2023-02-192023-02-1914676384core:Vehicles2023-02-192023-02-1914676384core:FurnitureFittings2023-02-192023-02-1914676384core:OfficeEquipment2023-02-192023-02-1914676384dpl:AdministrativeExpenses2023-02-192023-02-1914676384core:NetGoodwill2023-02-192023-02-1914676384core:IntangibleAssetsOtherThanGoodwill2023-02-192023-02-1914676384dpl:GroupUndertakings2023-02-192023-02-1914676384dpl:ParticipatingInterests2023-02-192023-02-1914676384dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-192023-02-1914676384core:ListedExchangeTraded2023-02-192023-02-1914676384dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-192023-02-1914676384core:UnlistedNon-exchangeTraded2023-02-192023-02-1914676384core:NetGoodwill2024-02-2914676384core:IntangibleAssetsOtherThanGoodwill2024-02-2914676384core:LandBuildings2024-02-2914676384core:PlantMachinery2024-02-2914676384core:Vehicles2024-02-2914676384core:FurnitureFittings2024-02-2914676384core:OfficeEquipment2024-02-2914676384core:AfterOneYear2024-02-2914676384core:WithinOneYear2024-02-2914676384core:ListedExchangeTraded2024-02-2914676384core:UnlistedNon-exchangeTraded2024-02-2914676384core:ShareCapital2024-02-2914676384core:SharePremium2024-02-2914676384core:RevaluationReserve2024-02-2914676384core:OtherReservesSubtotal2024-02-2914676384core:RetainedEarningsAccumulatedLosses2024-02-2914676384core:NetGoodwill2023-02-1914676384core:IntangibleAssetsOtherThanGoodwill2023-02-1914676384core:LandBuildings2023-02-1914676384core:PlantMachinery2023-02-1914676384core:Vehicles2023-02-1914676384core:FurnitureFittings2023-02-1914676384core:OfficeEquipment2023-02-1914676384core:AfterOneYear2023-02-1914676384core:WithinOneYear2023-02-1914676384core:Liste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MYK SKIP HIRE LTD

Registered Number
14676384
(England and Wales)

Unaudited Financial Statements for the Period ended
29 February 2024

MYK SKIP HIRE LTD
Company Information
for the period from 20 February 2023 to 29 February 2024

Director

YAQUB, Omar Khokhar

Registered Address

Community House
Badger Street
Bury
BL9 6AD

Registered Number

14676384 (England and Wales)
MYK SKIP HIRE LTD
Statement of Financial Position
29 February 2024

Notes

2024

£

£

Fixed assets
Tangible assets314,835
14,835
Current assets
Debtors4,5760
Cash at bank and on hand1,882
2,642
Creditors amounts falling due within one year6(34)
Net current assets (liabilities)2,608
Total assets less current liabilities17,443
Creditors amounts falling due after one year7(11,631)
Net assets5,812
Capital and reserves
Called up share capital1
Profit and loss account5,811
Shareholders' funds5,812
The financial statements were approved and authorised for issue by the Director on 20 November 2024, and are signed on its behalf by:
YAQUB, Omar Khokhar
Director
Registered Company No. 14676384
MYK SKIP HIRE LTD
Notes to the Financial Statements
for the period ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery20
2.Average number of employees

2024
Average number of employees during the year0
3.Tangible fixed assets

Total

£
Cost or valuation
Additions18,300
At 29 February 2418,300
Depreciation and impairment
Charge for year3,465
At 29 February 243,465
Net book value
At 29 February 2414,835
At 19 February 23-
4.Debtors: amounts due within one year
5.Debtors: amounts due after one year

2024

£
Amounts owed by group undertakings 760
Total760
6.Creditors: amounts due within one year

2024

£
Trade creditors / trade payables34
Total34
7.Creditors: amounts due after one year

2024

£
Amounts owed to related parties11,222
Other creditors409
Total11,631