1 September 2023 false No description of principal activity Taxfiler 2024.6 12156119business:PrivateLimitedCompanyLtd2023-09-012024-08-31 121561192023-08-31 121561192023-09-012024-08-31 12156119business:AuditExemptWithAccountantsReport2023-09-012024-08-31 12156119business:FilletedAccounts2023-09-012024-08-31 121561192024-08-31 12156119business:Director12023-09-012024-08-31 12156119business:RegisteredOffice2023-09-012024-08-31 121561192023-08-31 12156119core:WithinOneYear2024-08-31 12156119core:WithinOneYear2023-08-31 12156119core:AfterOneYear2024-08-31 12156119core:AfterOneYear2023-08-31 12156119core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 12156119core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12156119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 12156119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12156119core:PreviouslyStatedAmount2024-08-31 12156119core:PreviouslyStatedAmount2023-08-31 12156119business:SmallEntities2023-09-012024-08-31 12156119countries:EnglandWales2023-09-012024-08-31 12156119core:PlantMachinery2023-09-012024-08-31 12156119core:MotorVehicles2023-09-012024-08-31 12156119core:PlantMachinery2023-08-31 12156119core:MotorVehicles2023-08-31 12156119core:PlantMachinery2024-08-31 12156119core:MotorVehicles2024-08-31 121561192022-09-012023-08-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
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
- 3 -
Site Equipment Hire Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
47,979 
70,020 
Current assets
Debtors
61,895 
45,841 
Cash at bank and in hand
1,109 
2,121 
63,004 
47,962 
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)
Net assets
67,143 
63,632 
Capital and reserves
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
- 4 -
Site Equipment Hire Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 August 2024
29,272 
18,707 
47,979 
At 31 August 2023
39,029 
30,991 
70,020 
- 5 -
Site Equipment Hire Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
61,895 
45,140 
Other debtors
- 
701 
61,895 
45,841 
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 
- 
Accruals
850 
850 
40,840 
35,557 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,000 
7,000 
Obligations under finance leases and hire purchase contracts
- 
11,793 
3,000 
18,793 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
- 6 -