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REGISTERED NUMBER: 00616885 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

H.J.SPILLER(HIRE)LIMITED

H.J.SPILLER(HIRE)LIMITED (REGISTERED NUMBER: 00616885)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H.J.SPILLER(HIRE)LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: M Farley
L Farley
F P Farley Butterfield



SECRETARY: L Farley



REGISTERED OFFICE: 1-21 Brunel Road
Acton
London
W3 7XR



REGISTERED NUMBER: 00616885 (England and Wales)



ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU



BANKERS: National Westminster Bank
Scotland Corporate Service Team
Audit Team
Drummond House
Edinburgh
EH12 9JN

H.J.SPILLER(HIRE)LIMITED (REGISTERED NUMBER: 00616885)

Balance Sheet
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 697,413 734,198

CURRENT ASSETS
Debtors 5 3,211,348 2,809,094
Cash at bank 61,149 66,724
3,272,497 2,875,818
CREDITORS
Amounts falling due within one year 6 143,319 78,278
NET CURRENT ASSETS 3,129,178 2,797,540
TOTAL ASSETS LESS CURRENT LIABILITIES 3,826,591 3,531,738

PROVISIONS FOR LIABILITIES 174,353 183,549
NET ASSETS 3,652,238 3,348,189

CAPITAL AND RESERVES
Called up share capital 510 510
Fair value reserve 7 469,097 469,097
Retained earnings 7 3,182,631 2,878,582
SHAREHOLDERS' FUNDS 3,652,238 3,348,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

H.J.SPILLER(HIRE)LIMITED (REGISTERED NUMBER: 00616885)

Balance Sheet - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:





M Farley - Director


H.J.SPILLER(HIRE)LIMITED (REGISTERED NUMBER: 00616885)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

H.J.Spiller(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 as modified by the revaluation of certain assets.

The directors have concluded that the company is and remains a going concern based on continued support from the parent company, Classical & Contemporary Art Hire Limited.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 5% on reducing balance to residue value.
Fixtures and fittings - 5% on reducing balance to residue value.

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

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.

H.J.SPILLER(HIRE)LIMITED (REGISTERED NUMBER: 00616885)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST OR VALUATION
At 1 January 2024 1,108,731
Disposals (685 )
At 31 December 2024 1,108,046
DEPRECIATION
At 1 January 2024 374,533
Charge for year 36,677
Eliminated on disposal (577 )
At 31 December 2024 410,633
NET BOOK VALUE
At 31 December 2024 697,413
At 31 December 2023 734,198

Cost or valuation at 31 December 2024 is represented by:

Plant and
machinery
etc
£   
Valuation in 2016 1,000,000
Cost 108,046
1,108,046

If assets for hire had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 101,401 108,731

Assets for hire were valued on an open market basis on 1 April 2016 by The Auction Room .

H.J.SPILLER(HIRE)LIMITED (REGISTERED NUMBER: 00616885)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 55,774 22,730
Amounts owed by group undertakings 3,155,574 2,786,364
3,211,348 2,809,094

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,400 641
Amounts owed to group undertakings 316 -
Taxation and social security 138,854 74,886
Other creditors 2,749 2,751
143,319 78,278

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2024 2,878,582 469,097 3,347,679
Profit for the year 304,049 - 304,049
At 31 December 2024 3,182,631 469,097 3,651,728

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Farley.