2023-11-01 NI634490 2024-10-31 NI634490 2023-11-01 2024-10-31 NI634490 2023-10-31 NI634490 2022-11-01 2023-10-31 NI634490 uk-core:WithinOneYear 2023-10-31 NI634490 uk-core:WithinOneYear 2024-10-31 NI634490 uk-core:AfterOneYear 2023-10-31 NI634490 uk-core:AfterOneYear 2024-10-31 NI634490 uk-core:ShareCapital 2024-10-31 NI634490 uk-core:ShareCapital 2023-10-31 NI634490 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 NI634490 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 NI634490 uk-bus:Director1 2023-11-01 2024-10-31 NI634490 uk-bus:Director2 2023-11-01 2024-10-31 NI634490 uk-core:NetGoodwill 2023-11-01 2024-10-31 NI634490 uk-core:PlantMachinery 2023-11-01 2024-10-31 NI634490 uk-core:ComputerEquipment 2023-11-01 2024-10-31 NI634490 uk-core:Goodwill 2023-10-31 NI634490 uk-core:Goodwill 2024-10-31 NI634490 uk-core:ComputerEquipment 2023-10-31 NI634490 uk-core:PlantMachinery 2023-10-31 NI634490 uk-core:PlantMachinery 2024-10-31 NI634490 uk-core:ComputerEquipment 2024-10-31 NI634490 uk-core:AfterOneYear uk-core:Secured 2024-10-31 NI634490 uk-core:AfterOneYear uk-core:Secured 2023-10-31 iso4217:GBP xbrli:pure NI634490 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 NI634490 uk-bus:FRS102 2023-11-01 2024-10-31 NI634490 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 NI634490 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Wilson Utilities & Plant Hire Limited
Registered Number:NI634490
For the year ended 31 October 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 October 2024
Wilson Utilities & Plant Hire Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
NI634490
As at 31 October 2024
Wilson Utilities & Plant Hire Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
130,985
144,609
3
130,985
144,609
Current assets
Inventories
4,340
5,135
4
Trade and other receivables
74,477
43,309
5
16,386
Cash and cash equivalents
17,201
65,645
95,203
Trade and other payables: amounts falling due within one
year
(116,382)
(108,242)
6
(21,179)
(42,597)
Net current liabilities
Total assets less current liabilities
88,388
123,430
Trade and other payables: amounts falling due after more
than one year
(51,267)
(25,523)
7
(24,888)
(21,776)
Provisions for liabilities
37,977
Net assets
50,387
Capital and reserves
Called up share capital
2
2
Retained earnings
37,975
50,385
37,977
50,387
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Angus Wilson Director
Mrs Gillian Wilson Director
These financial statements were approved and authorised for issue by the Board on 24 July 2025 and were signed by:
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4
Registered Number :
NI634490
For the year ended 31 October 2024
Wilson Utilities & Plant Hire Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 October 2024
Wilson Utilities & Plant Hire Limited
Notes to the Financial Statements
Statutory Information
Wilson Utilities & Plant Hire Limited is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI634490.
Registered address:
10 Agars Road
Lisburn
BT28 2TQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in , is being amortised evenly over its estimated useful life of 0 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15% Reducing balance
20% Reducing balance
Computer Equipment
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 October 2024
Wilson Utilities & Plant Hire Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 November 2023
10,000
At 31 October 2024
10,000
Amortisation
At 01 November 2023
10,000
At 31 October 2024
10,000
Net book value
At 31 October 2024
-
At 31 October 2023
-
3. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 November 2023
246,078
1,327
244,751
9,530
200
9,330
Additions
At 31 October 2024
254,081
1,527
255,608
Provision for depreciation and impairment
At 01 November 2023
101,469
868
100,601
Charge for year
23,154
132
23,022
At 31 October 2024
124,623
1,000
123,623
At 31 October 2024
Net book value
130,458
527
130,985
At 31 October 2023
144,150
459
144,609
4. Inventories
2023
2024
£
£
Stocks
5,135
4,340
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7
For the year ended 31 October 2024
Wilson Utilities & Plant Hire Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
35,823
58,156
Other debtors
7,486
16,321
74,477
43,309
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
19,702
13,603
Taxation and social security
19,061
4,770
Other creditors
69,479
98,009
108,242
116,382
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
17,358
27,394
Other creditors
8,165
23,873
25,523
51,267
8. Average number of persons employed
During the year the average number of employees was 2 (2023 : 3)
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