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REGISTERED NUMBER: 01575595 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

FLINT HIRE AND SUPPLY LIMITED

FLINT HIRE AND SUPPLY LIMITED (REGISTERED NUMBER: 01575595)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLINT HIRE AND SUPPLY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: B P J Lyle
B G M Hudson
A P Repka
D J Clarke





REGISTERED OFFICE: Second Floor South
The Fitted Rigging House
Anchor Wharf, The Historic Dockyard
Chatham
Kent
ME4 4TZ





REGISTERED NUMBER: 01575595 (England and Wales)





ACCOUNTANTS: Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ

FLINT HIRE AND SUPPLY LIMITED (REGISTERED NUMBER: 01575595)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 124,341 53,127

CURRENT ASSETS
Stocks 1,044,071 1,134,656
Debtors 5 994,738 905,954
Cash at bank and in hand 65,076 101,342
2,103,885 2,141,952
CREDITORS
Amounts falling due within one year 6 1,147,436 1,259,216
NET CURRENT ASSETS 956,449 882,736
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,080,790

935,863

CREDITORS
Amounts falling due after more than one
year

7

(185,069

)

-

PROVISIONS FOR LIABILITIES (24,589 ) (13,282 )
NET ASSETS 871,132 922,581

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 871,032 922,481
SHAREHOLDERS' FUNDS 871,132 922,581

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FLINT HIRE AND SUPPLY LIMITED (REGISTERED NUMBER: 01575595)

BALANCE SHEET - continued
30 APRIL 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 Board of Directors and authorised for issue on 8 November 2024 and were signed on its behalf by:





B P J Lyle - Director


FLINT HIRE AND SUPPLY LIMITED (REGISTERED NUMBER: 01575595)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Flint Hire And Supply 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.
Plant and machinery etc - 33.3% on reducing balance and 25% on reducing balance
Leasehold property - straight line over the period of the lease

Stocks
Stocks are stated at the lower of cost and net estimated selling price less costs. In determining the cost of stock the FIFO method is used.

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
Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a ‘finance lease’. The asset is recorded in the balance sheet as a tangible fixed asset and is depreciated over its estimated useful life or the term of the lease, whichever is shorter. Future instalments under such leases, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account, and the capital element which reduces the outstanding obligation for future instalments.

All other leases are accounted for as ‘operating leases’ and the rental charges are charged to the profit and loss account on a straight line basis over the life of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2023 - 34 ) .

FLINT HIRE AND SUPPLY LIMITED (REGISTERED NUMBER: 01575595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023 5,737 261,610 267,347
Additions 26,886 89,674 116,560
Disposals (5,737 ) (114,730 ) (120,467 )
At 30 April 2024 26,886 236,554 263,440
DEPRECIATION
At 1 May 2023 5,737 208,483 214,220
Charge for year 900 36,221 37,121
Eliminated on disposal (5,737 ) (106,505 ) (112,242 )
At 30 April 2024 900 138,199 139,099
NET BOOK VALUE
At 30 April 2024 25,986 98,355 124,341
At 30 April 2023 - 53,127 53,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 307,112 326,574
Amounts owed by group undertakings 500,372 500,372
Other debtors 187,254 79,008
994,738 905,954

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 109,091 37,879
Hire purchase contracts 9,181 -
Trade creditors 550,853 558,226
Taxation and social security 51,911 139,293
Other creditors 426,400 523,818
1,147,436 1,259,216

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 163,637 -
Hire purchase contracts 21,432 -
185,069 -

FLINT HIRE AND SUPPLY LIMITED (REGISTERED NUMBER: 01575595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 30,613 -

Hire purchase contracts are secured on the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements 2,076,702 32,148

11. ULTIMATE CONTROLLING PARTY

The company's parent undertaking and controlling party is Flints Theatrical Chandlers Limited, whose registered office is Second Floor South, The Fitted Rigging House, Anchor Wharf, The Historic Dockyard, Chatham, Kent, ME4 4TZ.