REGISTERED NUMBER: 03956535 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30 June 2025

for

K.M.R. SKIP HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Humphrey

Mr R Humphrey

SECRETARY:

Mrs C Humphrey

REGISTERED OFFICE:

The Yard

Englands Lane

Knottingley

West Yorkshire

WF11 0JP

REGISTERED NUMBER:

03956535 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Tangible assets

4

1,405,307

1,321,150

CURRENT ASSETS

Stocks

11,806

5,805

Debtors

5

607,399

736,718

Cash at bank and in hand

1,581,922

1,228,741

2,201,127

1,971,264

CREDITORS

Amounts falling due within one year

6

422,779

484,618

NET CURRENT ASSETS

1,778,348

1,486,646

TOTAL ASSETS LESS CURRENT LIABILITIES

3,183,655

2,807,796

PROVISIONS FOR LIABILITIES

267,238

257,064

NET ASSETS

2,916,417

2,550,732

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Capital redemption reserve

200

200

Retained earnings

2,915,217

2,549,532

2,916,417

2,550,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

Mr M Humphrey - Director

Mr R Humphrey - Director

1.	STATUTORY INFORMATION

K.M.R. 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.

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.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Land is not depreciated

Freehold property

Over 15 years

Plant and Machinery

15% reducing balance basis

Fixtures and Fittings

25% reducing balance basis

Equipment

15% reducing balance basis

Vehicles

15% reducing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 July 2024

312,899

699,469

4,908

Additions

-

41,026

207

Disposals

(5,501

)

(199,453

)

(225

)

At 30 June 2025

307,398

541,042

4,890

DEPRECIATION

At 1 July 2024

21,043

210,453

2,617

Charge for year

847

62,773

312

Eliminated on disposal

(5,412

)

(122,373

)

(188

)

At 30 June 2025

16,478

150,853

2,741

NET BOOK VALUE

At 30 June 2025

290,920

390,189

2,149

At 30 June 2024

291,856

489,016

2,291

Motor

vehicles

Equipment

Totals

£

£

£

COST

At 1 July 2024

494,935

433,757

1,945,968

Additions

411,064

20,014

472,311

Disposals

(175,544

)

(259,331

)

(640,054

)

At 30 June 2025

730,455

194,440

1,778,225

DEPRECIATION

At 1 July 2024

90,171

300,534

624,818

Charge for year

96,056

21,305

181,293

Eliminated on disposal

(59,590

)

(245,630

)

(433,193

)

At 30 June 2025

126,637

76,209

372,918

NET BOOK VALUE

At 30 June 2025

603,818

118,231

1,405,307

At 30 June 2024

404,764

133,223

1,321,150

Included in land and buildings is non depreciable land amounting to £290,916

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

505,850

643,983

Other debtors

101,549

92,735

607,399

736,718

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

106,061

98,902

Taxation and social security

295,813

360,542

Other creditors

20,905

25,174

422,779

484,618

Hire purchase commitments included in other creditors are secured on the assets to which the agreement relates to.