REGISTERED NUMBER: 05011536 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st January 2025

for

Boulton Skip Hire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss E E Boulton

SECRETARY:

Miss E E Boulton

REGISTERED OFFICE:

Crossings Farm

Stone Road

Bramshall

Uttoxeter

Staffordshire

ST14 8SH

REGISTERED NUMBER:

05011536 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Tangible assets

4

35,954

41,615

CURRENT ASSETS

Debtors

5

10,189

16,553

Cash at bank

1,377

2,623

11,566

19,176

CREDITORS

Amounts falling due within one year

6

23,384

42,454

NET CURRENT LIABILITIES

(11,818

)

(23,278

)

TOTAL ASSETS LESS CURRENT LIABILITIES

24,136

18,337

CREDITORS

Amounts falling due after more than one year

7

(16,771

)

(14,178

)

PROVISIONS FOR LIABILITIES

(6,831

)

(7,907

)

NET ASSETS/(LIABILITIES)

534

(3,748

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

434

(3,848

)

SHAREHOLDERS' FUNDS

534

(3,748

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 30th October 2025 and were signed by:

Miss E E Boulton - Director

1.	STATUTORY INFORMATION

Boulton Skip 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 and value added tax. Turnover is recognised when the service has been completed resulting in the company obtaining the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2024

225,009

1,737

82,663

1,706

311,115

Additions

-

-

25,000

-

25,000

Disposals

-

-

(22,000

)

-

(22,000

)

At 31st January 2025

225,009

1,737

85,663

1,706

314,115

DEPRECIATION

At 1st February 2024

221,011

1,732

45,248

1,509

269,500

Charge for year

3,028

-

11,065

79

14,172

Eliminated on disposal

-

-

(5,511

)

-

(5,511

)

At 31st January 2025

224,039

1,732

50,802

1,588

278,161

NET BOOK VALUE

At 31st January 2025

970

5

34,861

118

35,954

At 31st January 2024

3,998

5

37,415

197

41,615

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,264

8,399

Other debtors

2,925

8,154

10,189

16,553

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

3,354

8,689

Trade creditors

7,402

7,572

Taxation and social security

10,086

3,617

Other creditors

2,542

22,576

23,384

42,454

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

16,771

14,178

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Gross obligations repayable:

Within one year

6,354

10,741

Between one and five years

21,180

16,126

27,534

26,867

Finance charges repayable:

Within one year

3,000

2,052

Between one and five years

4,409

1,948

7,409

4,000

Net obligations repayable:

Within one year

3,354

8,689

Between one and five years

16,771

14,178

20,125

22,867

Non-cancellable

operating leases

2025

2024

£

£

Within one year

32,201

32,201

Between one and five years

64,402

96,603

96,603

128,804

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

20,125

22,867

Hire purchase contracts are secured by a charge over the assets to which they relate.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2025 and 31st January 2024:

2025

2024

£

£

Miss E E Boulton

Balance outstanding at start of year

-

13,633

Amounts advanced

13,098

1,365

Amounts repaid

(13,098

)

(14,998

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

No interest (2024 - £262) was paid to the company in respect of these advances and there were no fixed terms for repayment.

11.	RELATED PARTY DISCLOSURES

Included in creditors due within one year at 31st January 2025 is £402 (2024 - £20,502) owed to the director of the company.