Company Registration No. 12156119 (England and Wales)
Site Equipment Hire Ltd
Unaudited accounts
for the year ended 31 August 2024
Site Equipment Hire Ltd
Unaudited accounts
Contents
Site Equipment Hire Ltd
Company Information
for the year ended 31 August 2024
Director
Mr Ben Michael Southam
Company Number
12156119 (England and Wales)
Registered Office
THE BUNGALOW THE BUNGALOW, HORSESHORE LA
WOODSIDE PLAYING FIELDS
WATFORD
HERTS
WD25 7HH
ENGLAND
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
Site Equipment Hire Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
47,979
70,020
Cash at bank and in hand
1,109
2,121
Creditors: amounts falling due within one year
(40,840)
(35,557)
Net current assets
22,164
12,405
Total assets less current liabilities
70,143
82,425
Creditors: amounts falling due after more than one year
(3,000)
(18,793)
Called up share capital
2
100
Profit and loss account
67,141
63,532
Shareholders' funds
67,143
63,632
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 21 May 2025 and were signed on its behalf by
Mr Ben Michael Southam
Director
Company Registration No. 12156119
Site Equipment Hire Ltd
Notes to the Accounts
for the year ended 31 August 2024
Site Equipment Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 12156119. The registered office is THE BUNGALOW THE BUNGALOW, HORSESHORE LA, WOODSIDE PLAYING FIELDS, WATFORD, HERTS, WD25 7HH, ENGLAND.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
96,909
63,782
160,691
Disposals
-
(14,640)
(14,640)
At 31 August 2024
96,909
49,142
146,051
At 1 September 2023
57,880
32,791
90,671
Charge for the year
9,757
6,236
15,993
On disposals
-
(8,592)
(8,592)
At 31 August 2024
67,637
30,435
98,072
At 31 August 2024
29,272
18,707
47,979
At 31 August 2023
39,029
30,991
70,020
Site Equipment Hire Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
61,895
45,140
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,000
4,000
Obligations under finance leases and hire purchase contracts
6,686
10,551
Trade creditors
2,353
3,189
Taxes and social security
16,529
9,239
Other creditors
7,114
7,728
Loans from directors
3,308
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
11,793
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).