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REGISTERED NUMBER: 04428997 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

SHINER PLANT HIRE LIMITED

SHINER PLANT HIRE LIMITED (REGISTERED NUMBER: 04428997)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SHINER PLANT HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: Mrs J L Shiner
Mr R E Shiner





SECRETARY: Mrs J L Shiner





REGISTERED OFFICE: Lower East End Farm
Marston Hill
Marston Moretaine
Bedford
MK43 0QJ





REGISTERED NUMBER: 04428997 (England and Wales)





ACCOUNTANTS: Rawlinson Pryde & Partners
Chartered Certified Accountants
Argent House
5 Goldington Road
Bedford
Bedfordshire
MK40 3JY

SHINER PLANT HIRE LIMITED (REGISTERED NUMBER: 04428997)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,103 19,975

CURRENT ASSETS
Debtors 5 71,913 99,235
Prepayments and accrued income 1,131 1,114
Cash at bank 906 6,631
73,950 106,980
CREDITORS
Amounts falling due within one year 6 5,855 4,880
NET CURRENT ASSETS 68,095 102,100
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,198

122,075

PROVISIONS FOR LIABILITIES 7 (2,680 ) (3,795 )

ACCRUALS AND DEFERRED INCOME (4,037 ) (6,002 )
NET ASSETS 75,481 112,278

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 75,471 112,268
SHAREHOLDERS' FUNDS 75,481 112,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

SHINER PLANT HIRE LIMITED (REGISTERED NUMBER: 04428997)

BALANCE SHEET - continued
31 MAY 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 25 February 2025 and were signed on its behalf by:




Mrs J L Shiner - Director



Mr R E Shiner - Director


SHINER PLANT HIRE LIMITED (REGISTERED NUMBER: 04428997)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Shiner Plant 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 - 25% on reducing balance and The period of the lease
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity. An equity instrument is any contract that evidences residual interest in the assets of the company after deduction any liabilities.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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.


SHINER PLANT HIRE LIMITED (REGISTERED NUMBER: 04428997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

2. ACCOUNTING POLICIES - continued
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.

Impairment
At each reporting date, tangible fixed assets are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the profit and loss account for the period.

If the recoverable amount of a tangible fixed asset subsequently increases as a result of a change in economic conditions or in the expected use of the asset, the net book amount shall be written back to the lower of recoverable amount and the amount at which the asset would have been recorded had the original write-down not been made. A reversal of an impairment loss is recognised in the profit and loss account for the period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 210,495 38,100 2,716 251,311
Additions - - 241 241
Disposals (21,472 ) (10,500 ) - (31,972 )
At 31 May 2024 189,023 27,600 2,957 219,580
DEPRECIATION
At 1 June 2023 191,909 37,111 2,316 231,336
Charge for year 4,420 137 206 4,763
Eliminated on disposal (20,565 ) (10,057 ) - (30,622 )
At 31 May 2024 175,764 27,191 2,522 205,477
NET BOOK VALUE
At 31 May 2024 13,259 409 435 14,103
At 31 May 2023 18,586 989 400 19,975

SHINER PLANT HIRE LIMITED (REGISTERED NUMBER: 04428997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 3,459 8,886
Amounts owed by group undertakings 67,913 89,613
Other debtors 541 736
71,913 99,235

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors - 1,601
Tax 306 233
VAT 4,532 2,923
Other creditors 968 110
Directors' current accounts 49 13
5,855 4,880

7. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 2,680 3,795

Deferred
tax
£   
Balance at 1 June 2023 3,795
Provided during year (1,115 )
Balance at 31 May 2024 2,680

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
8 Ordinary £1 8 8
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
10 10