| Wilson Utilities & Plant Hire Limited |
| Registered Number:NI634490 |
For the year ended 31 October 2024
Northern Ireland
Unaudited Financial Statements
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
Wilson Utilities & Plant Hire Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
130,985
144,609
3
130,985
144,609
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
2
2
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. |
| 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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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 |
2 of 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. |
10 Agars Road
Lisburn
BT28 2TQ
| The presentation currency is £ sterling. |
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
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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For the year ended 31 October 2024
Wilson Utilities & Plant Hire Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
10,000
10,000
10,000
10,000
-
-
| 3. Property, plant and equipment |
246,078
1,327
244,751
9,530
200
9,330
254,081
1,527
255,608
| Provision for depreciation and impairment |
101,469
868
100,601
Charge for year
23,154
132
23,022
124,623
1,000
123,623
130,458
527
130,985
144,150
459
144,609
2023
2024
5,135
4,340
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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
35,823
58,156
7,486
16,321
74,477
43,309
| 6. Trade and other payables: amounts falling due within one year |
2023
2024
19,702
13,603
| Taxation and social security |
19,061
4,770
69,479
98,009
108,242
116,382
| 7. Trade and other payables: amounts falling due after more than one year |
2023
2024
17,358
27,394
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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