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REGISTERED NUMBER: 03431069 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ROTHERHAM TOOL HIRE LIMITED

ROTHERHAM TOOL HIRE LIMITED (REGISTERED NUMBER: 03431069)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROTHERHAM TOOL HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: A Smith
P Smith





REGISTERED OFFICE: 119 Jumble Lane
Ecclesfield
Sheffield
South Yorkshire
S35 9JX





REGISTERED NUMBER: 03431069 (England and Wales)





ACCOUNTANTS: Drury & Co
Accountants & Business Advisors
21 Hollowgate
Rotherham
South Yorkshire
S60 2LE

ROTHERHAM TOOL HIRE LIMITED (REGISTERED NUMBER: 03431069)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 404,349 276,649

CURRENT ASSETS
Debtors 5 77,143 55,233
Cash at bank 64,561 60,799
141,704 116,032
CREDITORS
Amounts falling due within one year 6 168,384 83,140
NET CURRENT (LIABILITIES)/ASSETS (26,680 ) 32,892
TOTAL ASSETS LESS CURRENT
LIABILITIES

377,669

309,541

CREDITORS
Amounts falling due after more than one
year

7

59,082

64,375
NET ASSETS 318,587 245,166

CAPITAL AND RESERVES
Called up share capital 110 100
Retained earnings 318,477 245,066
SHAREHOLDERS' FUNDS 318,587 245,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ROTHERHAM TOOL HIRE LIMITED (REGISTERED NUMBER: 03431069)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 20 February 2025 and were signed on its behalf by:





A Smith - Director


ROTHERHAM TOOL HIRE LIMITED (REGISTERED NUMBER: 03431069)

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


1. STATUTORY INFORMATION

Rotherham Tool Hire 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.

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 - 10% on cost and at varying rates on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

ROTHERHAM TOOL HIRE LIMITED (REGISTERED NUMBER: 03431069)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 40,740 1,014,266 22,202 116,853 1,194,061
Additions 9,900 217,189 8,298 55,072 290,459
At 30 September 2024 50,640 1,231,455 30,500 171,925 1,484,520
DEPRECIATION
At 1 October 2023 815 866,609 11,037 38,951 917,412
Charge for year 1,013 125,320 2,920 33,506 162,759
At 30 September 2024 1,828 991,929 13,957 72,457 1,080,171
NET BOOK VALUE
At 30 September 2024 48,812 239,526 16,543 99,468 404,349
At 30 September 2023 39,925 147,657 11,165 77,902 276,649

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 73,157 53,069
Other debtors 3,986 2,164
77,143 55,233

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases 17,859 11,603
Trade creditors 61,007 15,107
Taxation and social security 49,464 38,736
Other creditors 40,054 17,694
168,384 83,140

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 18,841 28,171
Finance leases 40,241 36,204
59,082 64,375

ROTHERHAM TOOL HIRE LIMITED (REGISTERED NUMBER: 03431069)

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


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date, the company was indebted to the director in the sum of £33,248 (2023: £11,718). The transactions during the year consisted of withdrawals of £113,542 as against introductions of £135,072.

There are no formal repayment terms attached to this loan and interest is not being charged.