RSM HIRE LIMITED

Company Registration Number:
SC303822 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

RSM HIRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

RSM HIRE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 717,460 744,333
Total fixed assets: 717,460 744,333
Current assets
Debtors:   321,603 630,269
Cash at bank and in hand: 306,289 301,345
Total current assets: 627,892 931,614
Creditors: amounts falling due within one year:   (112,507) (118,078)
Net current assets (liabilities): 515,385 813,536
Total assets less current liabilities: 1,232,845 1,557,869
Creditors: amounts falling due after more than one year:   (19,167) (104,087)
Total net assets (liabilities): 1,213,678 1,453,782
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,213,676 1,453,780
Shareholders funds: 1,213,678 1,453,782

The notes form part of these financial statements

RSM HIRE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 December 2024
and signed on behalf of the board by:

Name: Graeme Sherry
Status: Director

The notes form part of these financial statements

RSM HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for the rendering of services.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less aggregate depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates - Plant and machinery - 20% straight line.

RSM HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 14 14

RSM HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 3,386,814
Additions 103,217
Disposals (48,042)
At 31 March 2024 3,441,989
Depreciation
At 01 April 2023 2,642,481
Charge for year 130,027
On disposals (47,979)
At 31 March 2024 2,724,529
Net book value
At 31 March 2024 717,460
At 31 March 2023 744,333