Company Registration No. 09320832 (England and Wales)
DURKAN & SONS PLANT HIRE LTD
Unaudited accounts
for the year ended 29 February 2024
DURKAN & SONS PLANT HIRE LTD
Unaudited accounts
Contents
DURKAN & SONS PLANT HIRE LTD
Company Information
for the year ended 29 February 2024
Company Number
09320832 (England and Wales)
Registered Office
21 HYDE PARK ROAD
LEEDS
LS6 1PY
ENGLAND
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
DURKAN & SONS PLANT HIRE LTD
Statement of financial position
as at 29 February 2024
Tangible assets
1,569,112
1,134,360
Cash at bank and in hand
310,948
270,237
Creditors: amounts falling due within one year
(510,102)
(1,301,532)
Net current assets
47,964
65,658
Total assets less current liabilities
1,617,076
1,200,018
Creditors: amounts falling due after more than one year
(86,282)
(143,389)
Net assets
1,530,794
1,056,629
Called up share capital
100
100
Profit and loss account
1,530,694
1,056,529
Shareholders' funds
1,530,794
1,056,629
For the year ending 29 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 27 February 2025 and were signed on its behalf by
B J P Durkan
Director
Company Registration No. 09320832
DURKAN & SONS PLANT HIRE LTD
Notes to the Accounts
for the year ended 29 February 2024
DURKAN & SONS PLANT HIRE LTD is a private company, limited by shares, registered in England and Wales, registration number 09320832. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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 goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Renting and leasing of plant, trucks and other heavy vehicles
Other operating income was claim received from insurance as one of the plant stolen from site and plant disposal debited in the asset list.
DURKAN & SONS PLANT HIRE LTD
Notes to the Accounts
for the year ended 29 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 1 March 2023
2,221,661
221,638
-
1,109
2,444,408
Additions
543,867
175,294
59,305
561
779,027
Disposals
(126,392)
(54,994)
-
-
(181,386)
At 29 February 2024
2,639,136
341,938
59,305
1,670
3,042,049
At 1 March 2023
1,251,871
57,807
-
370
1,310,048
Charge for the year
219,071
48,280
5,931
557
273,839
On disposals
(73,214)
(37,736)
-
-
(110,950)
At 29 February 2024
1,397,728
68,351
5,931
927
1,472,937
At 29 February 2024
1,241,408
273,587
53,374
743
1,569,112
At 28 February 2023
969,790
163,831
-
739
1,134,360
Amounts falling due within one year
Trade debtors
225,690
221,561
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,491
1,797
Trade creditors
247,707
106,423
Amounts owed to group undertakings and other participating interests
-
496,019
Taxes and social security
20,000
25,000
Other creditors
236,904
629,250
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
63,001
110,176
DURKAN & SONS PLANT HIRE LTD
Notes to the Accounts
for the year ended 29 February 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).