IRIS Accounts Production v24.3.2.46 06559238 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false "A" Ordinary 1.00000 "B" Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065592382023-06-30065592382024-06-30065592382023-07-012024-06-30065592382022-06-30065592382022-07-012023-06-30065592382023-06-3006559238ns15:EnglandWales2023-07-012024-06-3006559238ns14:PoundSterling2023-07-012024-06-3006559238ns10:Director12023-07-012024-06-3006559238ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3006559238ns10:SmallEntities2023-07-012024-06-3006559238ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3006559238ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3006559238ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3006559238ns10:FullAccounts2023-07-012024-06-3006559238ns10:OrdinaryShareClass12023-07-012024-06-3006559238ns10:OrdinaryShareClass22023-07-012024-06-3006559238ns10:Director22023-07-012024-06-3006559238ns10:CompanySecretary12023-07-012024-06-3006559238ns10:RegisteredOffice2023-07-012024-06-3006559238ns5:CurrentFinancialInstruments2024-06-3006559238ns5:CurrentFinancialInstruments2023-06-3006559238ns5:Non-currentFinancialInstruments2024-06-3006559238ns5:Non-currentFinancialInstruments2023-06-3006559238ns5:ShareCapital2024-06-3006559238ns5:ShareCapital2023-06-3006559238ns5:RetainedEarningsAccumulatedLosses2024-06-3006559238ns5:RetainedEarningsAccumulatedLosses2023-06-3006559238ns5:PlantMachinery2023-07-012024-06-3006559238ns5:MotorVehicles2023-07-012024-06-3006559238ns5:PlantMachinery2023-06-3006559238ns5:MotorVehicles2023-06-3006559238ns5:PlantMachinery2024-06-3006559238ns5:MotorVehicles2024-06-3006559238ns5:PlantMachinery2023-06-3006559238ns5:MotorVehicles2023-06-3006559238ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3006559238ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3006559238ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3006559238ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3006559238ns5:DeferredTaxation2023-06-3006559238ns5:DeferredTaxation2024-06-3006559238ns10:OrdinaryShareClass12024-06-3006559238ns10:OrdinaryShareClass22024-06-3006559238ns5:RetainedEarningsAccumulatedLosses2023-06-3006559238ns5:RetainedEarningsAccumulatedLosses2023-07-012024-06-30
REGISTERED NUMBER: 06559238 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Ken Pink Plant Hire Ltd

Ken Pink Plant Hire Ltd (Registered number: 06559238)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ken Pink Plant Hire Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr K G Pink
Mrs E Pink





SECRETARY: Mrs E Pink





REGISTERED OFFICE: Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA





BUSINESS ADDRESS: Bridge Farm
Gloucester Road
Staverton
Cheltenham
Gloucestershire
GL51 0TF





REGISTERED NUMBER: 06559238 (England and Wales)





ACCOUNTANTS: ARC & Co. Accountants Limited
Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA

Ken Pink Plant Hire Ltd (Registered number: 06559238)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,654,889 3,789,475

CURRENT ASSETS
Stocks 5 50,892 45,815
Debtors 6 897,309 1,012,942
Cash at bank 677,863 179,261
1,626,064 1,238,018
CREDITORS
Amounts falling due within one year 7 311,741 282,168
NET CURRENT ASSETS 1,314,323 955,850
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,969,212

4,745,325

CREDITORS
Amounts falling due after more than one
year

8

-

(20,000

)

PROVISIONS FOR LIABILITIES 9 (694,429 ) (644,802 )
NET ASSETS 4,274,783 4,080,523

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 11 4,274,583 4,080,323
SHAREHOLDERS' FUNDS 4,274,783 4,080,523

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

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

Ken Pink Plant Hire Ltd (Registered number: 06559238)

Balance Sheet - continued
30 June 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 12 March 2025 and were signed on its behalf by:





Mr K G Pink - Director


Ken Pink Plant Hire Ltd (Registered number: 06559238)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Ken Pink 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 - 10% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 19 (2023 - 19 ) .

Ken Pink Plant Hire Ltd (Registered number: 06559238)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023 4,886,575 818,228 5,704,803
Additions 507,600 249,044 756,644
Disposals (513,737 ) (300,963 ) (814,700 )
At 30 June 2024 4,880,438 766,309 5,646,747
DEPRECIATION
At 1 July 2023 1,358,603 556,725 1,915,328
Charge for year 368,981 83,559 452,540
Eliminated on disposal (167,786 ) (208,224 ) (376,010 )
At 30 June 2024 1,559,798 432,060 1,991,858
NET BOOK VALUE
At 30 June 2024 3,320,640 334,249 3,654,889
At 30 June 2023 3,527,972 261,503 3,789,475

5. STOCKS
30.6.24 30.6.23
£    £   
Work-in-progress 50,892 45,815

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 689,290 891,166
Other debtors 180,000 90,000
Prepayments 28,019 31,776
897,309 1,012,942

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 20,000 10,000
Trade creditors 130,652 149,793
Corporation tax 9,834 -
Social security and other taxes 18,255 18,702
VAT 83,269 78,199
Payroll liabilities 11,435 10,982
Directors' current accounts 31,708 8,239
Accrued expenses 6,588 6,253
311,741 282,168

Ken Pink Plant Hire Ltd (Registered number: 06559238)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 20,000

9. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 694,429 644,802

Deferred
tax
£   
Balance at 1 July 2023 644,802
Accelerated capital allowances 49,627
Balance at 30 June 2024 694,429

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 "A" Ordinary £1 100 100
100 "B" Ordinary £1 100 100
200 200

11. RESERVES
Retained
earnings
£   

At 1 July 2023 4,080,323
Profit for the year 250,260
Dividends (56,000 )
At 30 June 2024 4,274,583

12. RELATED PARTY DISCLOSURES

During the year the directors, Mr K G Pink and Mrs E Pink, being husband and wife, made net deposits to their account of £1,469. The balance on their account at 30 June 2024 was £31,708 in credit (2023 - £8,239).

Also during the year Mr and Mrs Pink received combined dividends from the company of £56,000 (2023 - £158,600).

13. ULTIMATE CONTROLLING PARTY

During the year the company was controlled by Mr K G Pink and Mrs E Pink, who together own 100% of the company's issued share capital.