IRIS Accounts Production v24.3.2.46 06853511 Board of Directors 1.5.23 30.4.24 30.4.24 false true true false false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068535112023-04-30068535112024-04-30068535112023-05-012024-04-30068535112022-04-30068535112022-05-012023-04-30068535112023-04-3006853511ns15:EnglandWales2023-05-012024-04-3006853511ns14:PoundSterling2023-05-012024-04-3006853511ns10:Director12023-05-012024-04-3006853511ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3006853511ns10:SmallEntities2023-05-012024-04-3006853511ns10:Audited2023-05-012024-04-3006853511ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3006853511ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3006853511ns10:FullAccounts2023-05-012024-04-300685351112023-05-012024-04-3006853511ns10:OrdinaryShareClass12023-05-012024-04-3006853511ns10:Director22023-05-012024-04-3006853511ns10:Director32023-05-012024-04-3006853511ns10:RegisteredOffice2023-05-012024-04-3006853511ns5:CurrentFinancialInstruments2024-04-3006853511ns5:CurrentFinancialInstruments2023-04-3006853511ns5:Non-currentFinancialInstruments2024-04-3006853511ns5:Non-currentFinancialInstruments2023-04-3006853511ns5:ShareCapital2024-04-3006853511ns5:ShareCapital2023-04-3006853511ns5:RetainedEarningsAccumulatedLosses2024-04-3006853511ns5:RetainedEarningsAccumulatedLosses2023-04-3006853511ns5:ShareCapital2022-04-3006853511ns5:RetainedEarningsAccumulatedLosses2022-04-3006853511ns5:RetainedEarningsAccumulatedLosses2022-05-012023-04-3006853511ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-3006853511ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3006853511ns5:PlantMachinery2023-05-012024-04-3006853511ns5:NetGoodwill2023-04-3006853511ns5:PatentsTrademarksLicencesConcessionsSimilar2023-04-3006853511ns5:NetGoodwill2023-05-012024-04-3006853511ns5:PatentsTrademarksLicencesConcessionsSimilar2023-05-012024-04-3006853511ns5:NetGoodwill2024-04-3006853511ns5:PatentsTrademarksLicencesConcessionsSimilar2024-04-3006853511ns5:NetGoodwill2023-04-3006853511ns5:PatentsTrademarksLicencesConcessionsSimilar2023-04-3006853511ns5:LeaseholdImprovements2023-04-3006853511ns5:PlantMachinery2023-04-3006853511ns5:FurnitureFittings2023-04-3006853511ns5:MotorVehicles2023-04-3006853511ns5:LeaseholdImprovements2023-05-012024-04-3006853511ns5:FurnitureFittings2023-05-012024-04-3006853511ns5:MotorVehicles2023-05-012024-04-3006853511ns5:LeaseholdImprovements2024-04-3006853511ns5:PlantMachinery2024-04-3006853511ns5:FurnitureFittings2024-04-3006853511ns5:MotorVehicles2024-04-3006853511ns5:LeaseholdImprovements2023-04-3006853511ns5:PlantMachinery2023-04-3006853511ns5:FurnitureFittings2023-04-3006853511ns5:MotorVehicles2023-04-3006853511ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3006853511ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3006853511ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 06853511 (England and Wales)















RED RHINO CRUSHERS (UK) LIMITED

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)






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




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 3 to 6

Profit and Loss Account 7

Statement of Financial Position 8

Statement of Changes in Equity 9

Notes to the Financial Statements 10 to 13


RED RHINO CRUSHERS (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: S P Winfield
Mrs L K Winfield-Dingley
J A Winfield



REGISTERED OFFICE: 3 Castlegate
Grantham
Lincolnshire
NG31 6SF



REGISTERED NUMBER: 06853511 (England and Wales)



SENIOR STATUTORY AUDITOR: Theo Banos BA FCA



AUDITORS: Duncan & Toplis Audit Limited, Statutory Auditor
3 Castlegate
Grantham
Lincolnshire
NG31 6SF

RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 APRIL 2024

The directors present their report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of manufacture of mobile compact crushers.

DIRECTORS
S P Winfield has held office during the whole of the period from 1 May 2023 to the date of this report.

Other changes in directors holding office are as follows:

Mrs L K Winfield-Dingley - appointed 28 December 2023
J A Winfield - appointed 28 December 2023

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Duncan & Toplis Audit Limited, Statutory Auditor, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S P Winfield - Director


31 January 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
RED RHINO CRUSHERS (UK) LIMITED

Qualified opinion
We have audited the financial statements of Red Rhino Crushers (UK) Limited (the 'company') for the year ended 30 April 2024 which comprise the Profit and Loss Account, Statement of Financial Position, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion, except for the possible effects of the matters described in the basis for qualified opinion section of our report, the financial statements:
- give a true and fair view of the state of the company's affairs as at April 2024 and of its profit for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for qualified opinion
The previous year's financial statements were not audited as the company was entitled to exemption under Section 477 of the Companies Act 2006. Accordingly, the comparatives to the current year's financial statements are not audited and therefore we were unable to satisfy ourselves concerning the prior year comparatives.

Consequently, we were unable to determine whether any adjustments to these amounts were necessary.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

As described in the basis for qualified opinion section of our report, we were not appointed as auditor of the company until after 30 April 2023. Accordingly, the comparatives to the current year's financial statements are not audited and therefore we were unable to satisfy ourselves concerning the prior year comparatives. Consequently, we were unable to determine whether any adjustments to these amounts were necessary.

Opinions on other matters prescribed by the Companies Act 2006
Except for the possible effects of the matter described in the basis for qualified opinion section of our report, in our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
RED RHINO CRUSHERS (UK) LIMITED


Matters on which we are required to report by exception
Except for the matters described in the basis for qualified opinion section of our report, in the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report.

Arising solely from the limitation in scope of our work relating to comparative balance as at 30 April 2023, referred to above:
- we have not obtained all the information and explanations that we considered necessary for the purposes of our audit; and
- we were unable to determine whether adequate accounting records have been kept.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
RED RHINO CRUSHERS (UK) LIMITED


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We have identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial experience, knowledge of the sector, a review of regulatory and legal correspondence and through discussions with directors and other management obtained as part of the work required by auditing standards. We have also discussed with the directors and other management the policies and procedures relating to compliance with laws and regulations. We communicated laws and regulations throughout the team and remained alert to any indications of non-compliance throughout the audit.

The potential impact of different laws and regulations varies considerably. Firstly, the company is subject to laws and regulations that directly impact the financial statements (for example financial reporting legislation) and we have assessed the extent of compliance with such laws as part of our financial statements audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including risk of override of controls) and determined that the principal risks were related to management bias in accounting estimates and judgemental areas of the financial statements, as well as the risk of inappropriate journal entries to increase reported profitability. Audit procedures performed by the engagement team included the identification and testing of unusual material and unusual journal entries and challenging management on key accounting estimates, assumptions and judgements made in the preparation of the financial statements. We carried out detailed substantive tests on accounting estimates, including reviewing the methods used by management to make those estimates, re-performing the calculation, and reviewing the outcome of prior year estimates.

Secondly, the company is subject to other laws and regulations where the consequence for non-compliance could have a material effect on the amounts or disclosures in the financial statements. We identified the following areas as those most likely to have such an effect: Health and Safety regulations and Employment laws.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors and other management and inspection. This inspection included a review and assessment of the company's employment and health and safety controls and incident logs. Through these procedures, if we became aware of any non-compliance, we considered the impact on the procedures performed on the related financial statement items.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. The further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. As with any audit. There is a greater risk of non-detection of irregularities as these may involve collusion, intentional omissions or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
RED RHINO CRUSHERS (UK) LIMITED


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Theo Banos BA FCA (Senior Statutory Auditor)
for and on behalf of Duncan & Toplis Audit Limited, Statutory Auditor
3 Castlegate
Grantham
Lincolnshire
NG31 6SF

31 January 2025

RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 APRIL 2024

2024 2023
£    £   

TURNOVER 7,635,061 5,929,705

Cost of sales 5,184,840 4,727,034
GROSS PROFIT 2,450,221 1,202,671

Administrative expenses 796,558 581,861
1,653,663 620,810

Other operating income 6,817 6,599
OPERATING PROFIT 1,660,480 627,409


Interest payable and similar expenses 3,101 361
PROFIT BEFORE TAXATION 1,657,379 627,048

Tax on profit 375,700 92,182
PROFIT FOR THE FINANCIAL YEAR 1,281,679 534,866

RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 21
Tangible assets 5 400,571 196,843
400,571 196,864

CURRENT ASSETS
Stocks 424,141 70,390
Debtors 6 1,107,717 837,682
Cash at bank and in hand 2,211,090 2,175,523
3,742,948 3,083,595
CREDITORS
Amounts falling due within one year 7 1,263,953 1,741,010
NET CURRENT ASSETS 2,478,995 1,342,585
TOTAL ASSETS LESS CURRENT LIABILITIES 2,879,566 1,539,449

CREDITORS
Amounts falling due after more than one year 8 (85,371 ) (59,263 )

PROVISIONS FOR LIABILITIES (71,025 ) (38,695 )
NET ASSETS 2,723,170 1,441,491

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 2,723,070 1,441,391
SHAREHOLDERS' FUNDS 2,723,170 1,441,491

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

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:





S P Winfield - Director


RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 May 2022 100 1,406,525 1,406,625

Changes in equity
Dividends - (500,000 ) (500,000 )
Total comprehensive income - 534,866 534,866
Balance at 30 April 2023 100 1,441,391 1,441,491

Changes in equity
Total comprehensive income - 1,281,679 1,281,679
Balance at 30 April 2024 100 2,723,070 2,723,170

RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

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

1. STATUTORY INFORMATION

Red Rhino Crushers (UK) 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of goods is recognised when dispatched to the customer.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property rights are being amortised evenly over their estimated useful life of 10 years.

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 - 25% on reducing balance and 10% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Amounts recoverable on contracts
Amounts recoverable on contracts are measured at the lower of cost and fair value, based on the stage of completion of each item within work in progress.

Financial instruments
The company has chosen to adopt the FRS 102A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.


RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Goodwill
Goodwill, being amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of five years.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Intellectual
property
Goodwill rights Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 58,451 267,141 325,592
AMORTISATION
At 1 May 2023 58,451 267,120 325,571
Amortisation for year - 21 21
At 30 April 2024 58,451 267,141 325,592
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 - 21 21

RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

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

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Office Motor
property machinery equipment vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 8,039 220,953 22,039 125,235 376,266
Additions 4,559 156,177 15,031 194,769 370,536
Disposals - (30,200 ) (5,892 ) (54,755 ) (90,847 )
At 30 April 2024 12,598 346,930 31,178 265,249 655,955
DEPRECIATION
At 1 May 2023 2,948 113,574 14,816 48,085 179,423
Charge for year 1,260 63,889 5,254 61,591 131,994
Eliminated on disposal - (22,181 ) (4,652 ) (29,200 ) (56,033 )
At 30 April 2024 4,208 155,282 15,418 80,476 255,384
NET BOOK VALUE
At 30 April 2024 8,390 191,648 15,760 184,773 400,571
At 30 April 2023 5,091 107,379 7,223 77,150 196,843

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 416,317 524,744
Amounts recoverable on contract 443,053 212,166
VAT 195,215 80,194
Prepayments and accrued income 53,132 20,578
1,107,717 837,682

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 28,346 32,900
Trade creditors 395,094 650,331
Amounts owed to group undertakings 372,671 944,080
Taxation 343,370 68,887
Other taxes and social security 9,439 -
Other creditors 53,445 7,695
Accrued expenses 61,588 37,117
1,263,953 1,741,010

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 85,371 59,263

9. CALLED UP SHARE CAPITAL

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

RED RHINO CRUSHERS (UK) LIMITED (REGISTERED NUMBER: 06853511)

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

10. ULTIMATE PARENT COMPANY

The ultimate parent company is Winfield Engineering Limited.