Company Registration No. 08156988 (England and Wales)
Queensbury Van Hire Limited
Unaudited accounts
for the year ended 31 August 2024
Queensbury Van Hire Limited
Unaudited accounts
Contents
Queensbury Van Hire Limited
Company Information
for the year ended 31 August 2024
Company Number
08156988 (England and Wales)
Accountants
Green Accountants
1 Admiral Way
Halifax
West Yorkshire
HX2 0SW
Queensbury Van Hire Limited
Statement of financial position
as at 31 August 2024
Tangible assets
3,247,914
2,428,257
Cash at bank and in hand
45,696
34,323
Creditors: amounts falling due within one year
(1,426,354)
(954,925)
Net current liabilities
(1,167,533)
(660,778)
Total assets less current liabilities
2,080,381
1,767,479
Creditors: amounts falling due after more than one year
(1,385,194)
(1,264,845)
Net assets
695,187
502,634
Called up share capital
100
100
Profit and loss account
695,087
502,534
Shareholders' funds
695,187
502,634
For the year ending 31 August 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 12 March 2025 and were signed on its behalf by
Mr Gary Taylor
Director
Company Registration No. 08156988
Queensbury Van Hire Limited
Notes to the Accounts
for the year ended 31 August 2024
Queensbury Van Hire Limited is a private company, limited by shares, registered in England and Wales, registration number 08156988.
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:
Motor vehicles
15% straight line
Fixtures & fittings
15% straight line
Computer equipment
15% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2023
10,500
At 1 September 2023
10,500
Queensbury Van Hire Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
79,526
3,170,127
13,640
3,263,293
Additions
11,500
1,847,294
-
1,858,794
Disposals
-
(374,666)
-
(374,666)
At 31 August 2024
91,026
4,642,755
13,640
4,747,421
At 1 September 2023
63,433
764,015
7,588
835,036
Charge for the year
4,139
702,690
908
707,737
On disposals
-
(43,266)
-
(43,266)
At 31 August 2024
67,572
1,423,439
8,496
1,499,507
At 31 August 2024
23,454
3,219,316
5,144
3,247,914
At 31 August 2023
16,093
2,406,112
6,052
2,428,257
Amounts falling due within one year
Trade debtors
208,005
251,704
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
31,400
11,400
Obligations under finance leases and hire purchase contracts
1,026,453
690,594
Trade creditors
53,583
18,341
Taxes and social security
11,473
414
Loans from directors
281,574
269,714
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,302,428
1,249,959
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).