IRIS Accounts Production v25.1.4.42 13412161 Board of Directors 1.6.24 31.5.25 31.5.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh134121612024-05-31134121612025-05-31134121612024-06-012025-05-31134121612023-05-31134121612023-06-012024-05-31134121612024-05-3113412161ns15:EnglandWales2024-06-012025-05-3113412161ns14:PoundSterling2024-06-012025-05-3113412161ns10:Director12024-06-012025-05-3113412161ns10:PrivateLimitedCompanyLtd2024-06-012025-05-3113412161ns10:SmallEntities2024-06-012025-05-3113412161ns10:AuditExempt-NoAccountantsReport2024-06-012025-05-3113412161ns10:SmallCompaniesRegimeForDirectorsReport2024-06-012025-05-3113412161ns10:SmallCompaniesRegimeForAccounts2024-06-012025-05-3113412161ns10:FullAccounts2024-06-012025-05-311341216112024-06-012025-05-3113412161ns10:Director22024-06-012025-05-3113412161ns10:RegisteredOffice2024-06-012025-05-3113412161ns5:CurrentFinancialInstruments2025-05-3113412161ns5:CurrentFinancialInstruments2024-05-3113412161ns5:ShareCapital2025-05-3113412161ns5:ShareCapital2024-05-3113412161ns5:RetainedEarningsAccumulatedLosses2025-05-3113412161ns5:RetainedEarningsAccumulatedLosses2024-05-3113412161ns5:NetGoodwill2024-06-012025-05-3113412161ns5:IntangibleAssetsOtherThanGoodwill2024-06-012025-05-3113412161ns5:PlantMachinery2024-06-012025-05-3113412161ns5:NetGoodwill2024-05-3113412161ns5:NetGoodwill2025-05-3113412161ns5:NetGoodwill2024-05-3113412161ns5:PlantMachinery2024-05-3113412161ns5:PlantMachinery2025-05-3113412161ns5:PlantMachinery2024-05-31
REGISTERED NUMBER: 13412161 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2025

for

Swinney Skip Hire Ltd

Swinney Skip Hire Ltd (Registered number: 13412161)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Swinney Skip Hire Ltd

Company Information
for the Year Ended 31 May 2025







DIRECTORS: I Rawding
A Rawding





REGISTERED OFFICE: 8 East Hendon Road
Sunderland
United Kingdom
SR1 2NP





REGISTERED NUMBER: 13412161 (England and Wales)

Swinney Skip Hire Ltd (Registered number: 13412161)

Balance Sheet
31 May 2025

31.5.25 31.5.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 71,500 71,500
Tangible assets 5 47,594 41,958
119,094 113,458

CURRENT ASSETS
Cash at bank 124,525 39,338

CREDITORS
Amounts falling due within one year 6 145,992 106,208
NET CURRENT LIABILITIES (21,467 ) (66,870 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,627

46,588

PROVISIONS FOR LIABILITIES 7,972 7,972
NET ASSETS 89,655 38,616

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 89,651 38,612
89,655 38,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

Swinney Skip Hire Ltd (Registered number: 13412161)

Balance Sheet - continued
31 May 2025


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 8 August 2025 and were signed on its behalf by:





A Rawding - Director


Swinney Skip Hire Ltd (Registered number: 13412161)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

Swinney Skip Hire Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Swinney Skip Hire Ltd (Registered number: 13412161)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2024
and 31 May 2025 71,500
NET BOOK VALUE
At 31 May 2025 71,500
At 31 May 2024 71,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2024 66,675
Additions 21,500
At 31 May 2025 88,175
DEPRECIATION
At 1 June 2024 24,717
Charge for year 15,864
At 31 May 2025 40,581
NET BOOK VALUE
At 31 May 2025 47,594
At 31 May 2024 41,958

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Trade creditors 25,624 24,117
Taxation and social security 27,907 7,240
Other creditors 92,461 74,851
145,992 106,208