IRIS Accounts Production v24.3.2.46 07940740 Board of Directors 1.3.23 28.2.24 28.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079407402023-02-28079407402024-02-28079407402023-03-012024-02-28079407402022-02-28079407402022-03-012023-02-28079407402023-02-2807940740ns15:EnglandWales2023-03-012024-02-2807940740ns14:PoundSterling2023-03-012024-02-2807940740ns10:Director12023-03-012024-02-2807940740ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2807940740ns10:SmallEntities2023-03-012024-02-2807940740ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2807940740ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2807940740ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2807940740ns10:FullAccounts2023-03-012024-02-2807940740ns10:Director22023-03-012024-02-2807940740ns10:RegisteredOffice2023-03-012024-02-2807940740ns5:CurrentFinancialInstruments2024-02-2807940740ns5:CurrentFinancialInstruments2023-02-2807940740ns5:ShareCapital2024-02-2807940740ns5:ShareCapital2023-02-2807940740ns5:RetainedEarningsAccumulatedLosses2024-02-2807940740ns5:RetainedEarningsAccumulatedLosses2023-02-2807940740ns5:PlantMachinery2023-03-012024-02-2807940740ns5:PlantMachinery2023-02-2807940740ns5:PlantMachinery2024-02-2807940740ns5:PlantMachinery2023-02-2807940740ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2807940740ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: 07940740 (England and Wales)















Unaudited Financial Statements for the Year Ended 28th February 2024

for

Thomas Skip and Plant Hire Ltd

Thomas Skip and Plant Hire Ltd (Registered number: 07940740)






Contents of the Financial Statements
for the Year Ended 28th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Thomas Skip and Plant Hire Ltd

Company Information
for the Year Ended 28th February 2024







DIRECTORS: P I Thomas
Ms N Thomas





REGISTERED OFFICE: Llys Elen
Rhostryfan
Caernarfon
Gwynedd
LL54 7LA





REGISTERED NUMBER: 07940740 (England and Wales)





ACCOUNTANTS: A.Hughes-Jones, Dyson & Co.
Capel Moreia
South Penrallt
Caernarfon
Gwynedd
LL55 1NS

Thomas Skip and Plant Hire Ltd (Registered number: 07940740)

Balance Sheet
28th February 2024

28/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 299,565 272,664

CURRENT ASSETS
Debtors 5 147,987 107,264
Cash at bank and in hand 7,910 30,089
155,897 137,353
CREDITORS
Amounts falling due within one year 6 187,582 171,468
NET CURRENT LIABILITIES (31,685 ) (34,115 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,880

238,549

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 267,780 238,449
267,880 238,549

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

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

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 27th February 2025 and were signed on its behalf by:





Ms N Thomas - Director


Thomas Skip and Plant Hire Ltd (Registered number: 07940740)

Notes to the Financial Statements
for the Year Ended 28th February 2024

1. STATUTORY INFORMATION

Thomas Skip and Plant Hire Ltd 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 - 25% on reducing balance and 15% on reducing balance

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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 10 ) .

Thomas Skip and Plant Hire Ltd (Registered number: 07940740)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st March 2023 469,274
Additions 80,082
At 28th February 2024 549,356
DEPRECIATION
At 1st March 2023 196,610
Charge for year 53,181
At 28th February 2024 249,791
NET BOOK VALUE
At 28th February 2024 299,565
At 28th February 2023 272,664

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/24 28/2/23
£    £   
Trade debtors 92,142 54,584
Other debtors 55,845 52,680
147,987 107,264

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/24 28/2/23
£    £   
Hire purchase contracts 68,063 68,265
Trade creditors 1,008 1,009
Taxation and social security 46,048 40,081
Other creditors 72,463 62,113
187,582 171,468