BILL AND BEN SKIP HIRE LTD


Director	DANIELS, Benjamin Thomas


Registered Address	Bill And Ben Skip Hire Ltd
	Brook Street
	Congleton
	CW12 1RG


Registered Number	07939859 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		834		10,834
Tangible assets	4		652,990		648,637
			653,824		659,471
Current assets
Debtors		403,597		423,113
Cash at bank and on hand		504,938		371,757
		908,535		794,870
Creditors amounts falling due within one year	5	(267,122)		(333,412)
Net current assets (liabilities)			641,413		461,458
Total assets less current liabilities			1,295,237		1,120,929
Creditors amounts falling due after one year	6		(410,890)		(283,515)
Provisions for liabilities	8		(149,608)		(104,014)
Net assets			734,739		733,400
Capital and reserves
Called up share capital			11		11
Profit and loss account			734,728		733,389
Shareholders' funds			734,739		733,400

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 October 2025, and are signed on its behalf by:

DANIELS, Benjamin Thomas
Director
Registered Company No. 07939859

BILL AND BEN SKIP HIRE LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities, that being collection of non hazardous waste. Turnover is shown net of sales/value added tax, rebates and discounts.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date.
Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	21		20

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	100,000	100,000
At 31 March 25	100,000	100,000
Amortisation and impairment
At 01 April 24	89,166	89,166
Charge for year	10,000	10,000
At 31 March 25	99,166	99,166
Net book value
At 31 March 25	834	834
At 31 March 24	10,834	10,834

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 24	208,971	1,232,829	981,975	30,367	1,373	2,455,515
Additions	-	265,092	27,000	-	-	292,092
At 31 March 25	208,971	1,497,921	1,008,975	30,367	1,373	2,747,607
Depreciation and impairment
At 01 April 24	178,818	857,862	751,783	17,175	1,240	1,806,878
Charge for year	11,580	175,123	96,380	4,523	133	287,739
At 31 March 25	190,398	1,032,985	848,163	21,698	1,373	2,094,617
Net book value
At 31 March 25	18,573	464,936	160,812	8,669	-	652,990
At 31 March 24	30,153	374,967	230,192	13,192	133	648,637

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	154,631	166,625
Bank borrowings and overdrafts	-	6,529
Taxation and social security	105,298	155,316
Accrued liabilities and deferred income	7,193	4,942
Total	267,122	333,412


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	212,185	22,390
Other creditors	198,705	261,125
Total	410,890	283,515

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	198,706		261,125


	Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. 

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	149,608	104,014
Total	149,608	104,014

9.	Directors advances, credits and guarantees
	Including in debtors is an advance to a Director of £7,695 (2024 -£12,483) this was repaid within 9 months of the year end.