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Company Registration No. 09183245 (England and Wales)
Plantmachineryuk Ltd Unaudited accounts for the period from 28 February 2023 to 27 February 2024
Plantmachineryuk Ltd Unaudited accounts Contents
Page
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Plantmachineryuk Ltd Company Information for the period from 28 February 2023 to 27 February 2024
Director
Brian Robert Wareing
Company Number
09183245 (England and Wales)
Registered Office
Skythorns Farm Cowling Keighley BD22 0LJ
Accountants
Goodbooks (Skipton) Ltd Duke House Duke Street Skipton North Yorkshire BD23 2HQ
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Plantmachineryuk Ltd Statement of financial position as at 27 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
143,482 
147,865 
Current assets
Inventories
56,469 
51,259 
Debtors
183,343 
112,879 
Cash at bank and in hand
4,937 
456 
244,749 
164,594 
Creditors: amounts falling due within one year
(191,437)
(143,011)
Net current assets
53,312 
21,583 
Total assets less current liabilities
196,794 
169,448 
Creditors: amounts falling due after more than one year
(39,640)
(53,818)
Provisions for liabilities
Deferred tax
(27,262)
(28,094)
Net assets
129,892 
87,536 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
129,792 
87,436 
Shareholders' funds
129,892 
87,536 
For the period ending 27 February 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 26 November 2024 and were signed on its behalf by
Brian Robert Wareing Director Company Registration No. 09183245
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Plantmachineryuk Ltd Notes to the Accounts for the period from 28 February 2023 to 27 February 2024
1
Statutory information
Plantmachineryuk Ltd is a private company, limited by shares, registered in England and Wales, registration number 09183245. The registered office is Skythorns Farm, Cowling, Keighley, BD22 0LJ.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
33.33% Straight Line
Computer equipment
33.33% Straight Line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Plantmachineryuk Ltd Notes to the Accounts for the period from 28 February 2023 to 27 February 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 28 February 2023
169,281 
- 
322 
14,879 
184,482 
Additions
6,265 
27,000 
- 
1,963 
35,228 
At 27 February 2024
175,546 
27,000 
322 
16,842 
219,710 
Depreciation
At 28 February 2023
31,975 
- 
214 
4,428 
36,617 
Charge for the period
34,500 
450 
108 
4,553 
39,611 
At 27 February 2024
66,475 
450 
322 
8,981 
76,228 
Net book value
At 27 February 2024
109,071 
26,550 
- 
7,861 
143,482 
At 27 February 2023
137,306 
- 
108 
10,451 
147,865 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
66,650 
47,540 
Accrued income and prepayments
21,855 
25,663 
Other debtors
94,838 
39,676 
183,343 
112,879 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
41,086 
33,665 
VAT
848 
426 
Obligations under finance leases and hire purchase contracts
26,160 
14,352 
Trade creditors
90,077 
65,304 
Taxes and social security
5,087 
9,307 
Other creditors
5,936 
1,190 
Accruals
22,243 
18,767 
191,437 
143,011 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
12,500 
22,500 
Obligations under finance leases and hire purchase contracts
27,140 
31,318 
39,640 
53,818 
8
Average number of employees
During the period the average number of employees was 6 (2023: 5).
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