IRIS Accounts Production v24.3.2.46 03956535 Board of Directors Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039565352023-06-30039565352024-06-30039565352023-07-012024-06-30039565352022-06-30039565352022-07-012023-06-30039565352023-06-3003956535ns15:EnglandWales2023-07-012024-06-3003956535ns14:PoundSterling2023-07-012024-06-3003956535ns10:Director12023-07-012024-06-3003956535ns10:Director22023-07-012024-06-3003956535ns10:Director32023-07-012024-06-3003956535ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003956535ns10:SmallEntities2023-07-012024-06-3003956535ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003956535ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003956535ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003956535ns10:FullAccounts2023-07-012024-06-3003956535ns10:CompanySecretary12023-07-012024-06-3003956535ns10:RegisteredOffice2023-07-012024-06-3003956535ns5:CurrentFinancialInstruments2024-06-3003956535ns5:CurrentFinancialInstruments2023-06-3003956535ns5:ShareCapital2024-06-3003956535ns5:ShareCapital2023-06-3003956535ns5:CapitalRedemptionReserve2024-06-3003956535ns5:CapitalRedemptionReserve2023-06-3003956535ns5:RetainedEarningsAccumulatedLosses2024-06-3003956535ns5:RetainedEarningsAccumulatedLosses2023-06-3003956535ns5:LandBuildings2023-06-3003956535ns5:PlantMachinery2023-06-3003956535ns5:FurnitureFittings2023-06-3003956535ns5:LandBuildings2023-07-012024-06-3003956535ns5:PlantMachinery2023-07-012024-06-3003956535ns5:FurnitureFittings2023-07-012024-06-3003956535ns5:LandBuildings2024-06-3003956535ns5:PlantMachinery2024-06-3003956535ns5:FurnitureFittings2024-06-3003956535ns5:LandBuildings2023-06-3003956535ns5:PlantMachinery2023-06-3003956535ns5:FurnitureFittings2023-06-3003956535ns5:MotorVehicles2023-06-3003956535ns5:ComputerEquipment2023-06-3003956535ns5:MotorVehicles2023-07-012024-06-3003956535ns5:ComputerEquipment2023-07-012024-06-3003956535ns5:MotorVehicles2024-06-3003956535ns5:ComputerEquipment2024-06-3003956535ns5:MotorVehicles2023-06-3003956535ns5:ComputerEquipment2023-06-3003956535ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003956535ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3003956535ns5:CurrentFinancialInstruments2023-07-012024-06-30039565351ns10:Director12023-06-30039565351ns10:Director12022-06-30039565351ns10:Director12023-07-012024-06-30039565351ns10:Director12022-07-012023-06-30039565351ns10:Director12024-06-30039565351ns10:Director12023-06-3003956535ns10:Director222023-06-3003956535ns10:Director222022-06-3003956535ns10:Director222023-07-012024-06-3003956535ns10:Director222022-07-012023-06-3003956535ns10:Director222024-06-3003956535ns10:Director222023-06-30039565353ns10:Director32023-06-30039565353ns10:Director32022-06-30039565353ns10:Director32023-07-012024-06-30039565353ns10:Director32022-07-012023-06-30039565353ns10:Director32024-06-30039565353ns10:Director32023-06-30
REGISTERED NUMBER: 03956535 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

K.M.R. SKIP HIRE LIMITED

K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

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


K.M.R. SKIP HIRE LIMITED

COMPANY INFORMATION
For The Year Ended 30 June 2024







DIRECTORS: Mr K Humphrey
Mr M Humphrey
Mr R Humphrey





SECRETARY: Mrs C Humphrey





REGISTERED OFFICE: The Yard
Englands Lane
Knottingley
West Yorkshire
WF11 0JP





REGISTERED NUMBER: 03956535 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA

K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,321,150 964,433

CURRENT ASSETS
Stocks 5,805 8,111
Debtors 5 736,718 744,845
Cash at bank and in hand 1,228,741 459,476
1,971,264 1,212,432
CREDITORS
Amounts falling due within one year 6 484,618 408,257
NET CURRENT ASSETS 1,486,646 804,175
TOTAL ASSETS LESS CURRENT LIABILITIES 2,807,796 1,768,608

PROVISIONS FOR LIABILITIES 257,064 163,654
NET ASSETS 2,550,732 1,604,954

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Capital redemption reserve 200 200
Retained earnings 2,549,532 1,603,754
2,550,732 1,604,954

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.

K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:




Mr K Humphrey - Director Mr M Humphrey - Director




Mr R Humphrey - Director


K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024


1. STATUTORY INFORMATION

K.M.R. Skip 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
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Land is not depreciated

Freehold property Over 15 years
Plant and Machinery 15% reducing balance basis
Fixtures and Fittings25% reducing balance basis
Equipment 15% reducing balance basis
Vehicles15% reducing balance basis


The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 23 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2023 312,899 612,254 23,319
Additions - 273,924 1,801
Disposals - (186,709 ) (20,212 )
At 30 June 2024 312,899 699,469 4,908
DEPRECIATION
At 1 July 2023 20,427 275,840 21,651
Charge for year 616 66,855 365
Eliminated on disposal - (132,242 ) (19,399 )
At 30 June 2024 21,043 210,453 2,617
NET BOOK VALUE
At 30 June 2024 291,856 489,016 2,291
At 30 June 2023 292,472 336,414 1,668

K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2024


4. TANGIBLE FIXED ASSETS - continued

Motor
vehicles Equipment Totals
£    £    £   
COST
At 1 July 2023 418,410 348,026 1,714,908
Additions 274,156 85,731 635,612
Disposals (197,631 ) - (404,552 )
At 30 June 2024 494,935 433,757 1,945,968
DEPRECIATION
At 1 July 2023 150,192 282,365 750,475
Charge for year 46,775 18,169 132,780
Eliminated on disposal (106,796 ) - (258,437 )
At 30 June 2024 90,171 300,534 624,818
NET BOOK VALUE
At 30 June 2024 404,764 133,223 1,321,150
At 30 June 2023 268,218 65,661 964,433

Included in land and buildings is non depreciable land amounting to £290,916.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 643,983 704,108
Other debtors 92,735 40,737
736,718 744,845

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 98,902 109,084
Taxation and social security 360,542 220,465
Other creditors 25,174 78,708
484,618 408,257

Hire purchase commitments included in other creditors are secured on the assets to which the agreement relates to.

Pension contributions outstanding at the year end amounted to £1,036 (2023: £1,650).

K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2024


7. CALLED UP SHARE CAPITAL

2024 2023 2024 2023
Ordinary share capital Number Number £    £   
Issued and fully paid
Ordinary A of £1 each 200 200 200 200
Ordinary B of £1 each 200 200 200 200
Ordinary C of £1 each 200 200 200 200
Ordinary D of £1 each 200 200 200 200
Ordinary E of £1 each 200 200 200 200
1000 1000 1000 1000

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
Mr K Humphrey
Balance outstanding at start of year (20,712 ) (30,890 )
Amounts advanced 110,449 63,333
Amounts repaid (90,211 ) (53,155 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (474 ) (20,712 )

Mr M Humphrey
Balance outstanding at start of year (20,711 ) (30,890 )
Amounts advanced 109,087 60,218
Amounts repaid (88,850 ) (50,039 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (474 ) (20,711 )

Mr R Humphrey
Balance outstanding at start of year (20,711 ) (30,890 )
Amounts advanced 109,087 60,218
Amounts repaid (88,850 ) (50,039 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (474 ) (20,711 )

K.M.R. SKIP HIRE LIMITED (REGISTERED NUMBER: 03956535)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2024


9. RELATED PARTY TRANSACTIONS

Transactions with related parties

During the year the company entered into the following transactions with relates parties :

No individual share holder has control of the company.

The directors are also directors of K.M.R. Waste Management Limited, a company under common control.

The following amounts were outstanding at the reporting end date:

Amounts due from related parties 2024 £ 2023 £
K.M.R. Waste Management Limited 50,526 18,278