Stephen Revels Plant Hire Ltd |
Registered Number:NI047070 |
For the year ended 30 June 2024
Northern Ireland
Unaudited Financial Statements
For the year ended 30 June 2024
Stephen Revels Plant Hire Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Stephen Revels Plant Hire Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
87,655
71,344
2
87,655
71,344
5,713
2,791
3
Trade and other receivables |
1,278
8,832
4
26,871
Cash and cash equivalents |
17,914
29,537
33,862
Trade and other payables: amounts falling due within one |
year |
(27,631)
(35,630)
5
6,231
(6,093)
Net current liabilities
Total assets less current liabilities |
81,562
77,575
Trade and other payables: amounts falling due after more |
than one year |
(35,654)
(25,246)
6
(16,654)
(13,555)
Provisions for liabilities |
39,662
Net assets
28,366
2
2
39,660
28,364
39,662
28,366
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Stephen Revels Director |
These financial statements were approved and authorised for issue by the Board on 04 March 2025 and were signed by: |
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For the year ended 30 June 2024
Stephen Revels Plant Hire Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 30 June 2024
Stephen Revels Plant Hire Ltd
Notes to the Financial Statements
Statutory Information
Stephen Revels Plant Hire Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, |
registration number NI047070. |
211 Armagh Road
Newry
Down
BT35 6NW
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 30 June 2024
Stephen Revels Plant Hire Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
252,122
1,825
13,400
236,897
47,350
-
-
47,350
-
-
(40,000)
(40,000)
244,247
13,400
1,825
259,472
Provision for depreciation and impairment |
180,778
1,763
13,023
165,992
Charge for year
9,781
6
75
9,700
(18,742)
-
-
(18,742)
171,817
1,769
13,098
156,950
87,297
302
56
87,655
70,905
377
62
71,344
2023
2024
2,791
5,713
4. Trade and other receivables |
2023
2024
8,832
1,278
5. Trade and other payables: amounts falling due within one year |
2023
2024
4,262
262
350
346
Taxation and social security |
2,493
1,475
28,525
25,548
35,630
27,631
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For the year ended 30 June 2024
Stephen Revels Plant Hire Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
4,202
11,869
21,044
23,785
25,246
35,654
7. Average number of persons employed |
During the year the average number of employees was 0
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