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REGISTERED NUMBER: 14690138 (England and Wales)

















WILKINSON PLANT HIRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

27 FEBRUARY 2023 TO 28 FEBRUARY 2024






WILKINSON PLANT HIRE LIMITED (REGISTERED NUMBER: 14690138)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 FEBRUARY 2023 TO 28 FEBRUARY 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WILKINSON PLANT HIRE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 27 FEBRUARY 2023 TO 28 FEBRUARY 2024







DIRECTOR: Mr C Wilkinson





REGISTERED OFFICE: Excel House
Millbrook Lane
Wragby
Lincolnshire
LN8 5AB





BUSINESS ADDRESS: Dorket House
Langworth Road
Scothern
Lincoln
Lincolnshire
LN2 2UP





REGISTERED NUMBER: 14690138 (England and Wales)





ACCOUNTANTS: Socius Accountants Limited
Excel House
Millbrook Lane
Wragby
Lincolnshire
LN8 5AB

WILKINSON PLANT HIRE LIMITED (REGISTERED NUMBER: 14690138)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2024

Notes £    £   
FIXED ASSETS
Property, plant and equipment 3 490,100
Investments 4 33,472
523,572

CURRENT ASSETS
Debtors 140,714
Cash at bank 130,522
271,236
CREDITORS
Amounts falling due within one year 549,612
NET CURRENT LIABILITIES (278,376 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,196

CREDITORS
Amounts falling due after more than one year (7,917 )

PROVISIONS FOR LIABILITIES (119,878 )
NET ASSETS 117,401

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 117,301
117,401

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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.

WILKINSON PLANT HIRE LIMITED (REGISTERED NUMBER: 14690138)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 28 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 November 2024 and were signed by:





Mr C Wilkinson - Director


WILKINSON PLANT HIRE LIMITED (REGISTERED NUMBER: 14690138)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 FEBRUARY 2023 TO 28 FEBRUARY 2024


1. 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
Revenue 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

WILKINSON PLANT HIRE LIMITED (REGISTERED NUMBER: 14690138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 FEBRUARY 2023 TO 28 FEBRUARY 2024


3. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
Additions 608,580
At 28 February 2024 608,580
DEPRECIATION
Charge for period 118,480
At 28 February 2024 118,480
NET BOOK VALUE
At 28 February 2024 490,100

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

Totals
£   
COST
Additions 169,876
At 28 February 2024 169,876
DEPRECIATION
Charge for period 35,391
At 28 February 2024 35,391
NET BOOK VALUE
At 28 February 2024 134,485

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
£   
Additions 33,472