REGISTERED NUMBER: 01129341 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Robert McDonagh (Plant Hire) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Mc Donagh

Mrs M Mc Donagh

SECRETARY:

Mrs M Mc Donagh

REGISTERED OFFICE:

22 Green Lane

Wharncliffe Side

Sheffield

S35 0DL

REGISTERED NUMBER:

01129341 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

4

123,879

123,740

Investment property

5

340,000

340,000

463,879

463,740

CURRENT ASSETS

Debtors

6

2,574

2,574

Cash at bank

41,620

134,853

44,194

137,427

CREDITORS

Amounts falling due within one year

7

(134,535

)

(224,115

)

NET CURRENT LIABILITIES

(90,341

)

(86,688

)

TOTAL ASSETS LESS CURRENT LIABILITIES

373,538

377,052

CREDITORS

Amounts falling due after more than one year

8

(451

)

(1,302

)

PROVISIONS FOR LIABILITIES

(35,689

)

(35,862

)

NET ASSETS

337,398

339,888

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

337,298

339,788

337,398

339,888

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

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

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 23 September 2025 and were signed on its behalf by:

Mrs M Mc Donagh - Director

1.	STATUTORY INFORMATION

Robert McDonagh (Plant 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.

Tangible fixed assets

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

Freehold property

-

2.5% straight line

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2023

145,995

128,130

8,296

24,893

307,314

Additions

4,561

-

-

-

4,561

At 31 August 2024

150,556

128,130

8,296

24,893

311,875

DEPRECIATION

At 1 September 2023

24,875

127,358

7,844

23,497

183,574

Charge for year

3,764

194

115

349

4,422

At 31 August 2024

28,639

127,552

7,959

23,846

187,996

NET BOOK VALUE

At 31 August 2024

121,917

578

337

1,047

123,879

At 31 August 2023

121,120

772

452

1,396

123,740

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2023

and 31 August 2024

340,000

NET BOOK VALUE

At 31 August 2024

340,000

At 31 August 2023

340,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

VAT

2,574

2,574

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans and overdrafts

852

852

Trade creditors

-

670

Tax

23,538

31,820

Social security and other taxes

1,365

1,365

Directors' current accounts

107,780

188,408

Accrued expenses

1,000

1,000

134,535

224,115

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans

451

1,302

9.

RESERVES

Retained

earnings

£

At 1 September 2023

339,788

Deficit for the year

(2,490

)

At 31 August 2024

337,298