Stephen Revels Plant Hire Ltd
|
Registered Number
:
NI
047070
|
For the year ended 30 June 2021
Northern Ireland
Unaudited Financial Statements
For the year ended 30 June 2021
Stephen Revels Plant Hire Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Stephen Revels Plant Hire Ltd
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
83,669
69,959
2
83,669
69,959
3,816
6,075
3
Trade and other receivables
|
10,653
17,177
4
20,867
Cash and cash equivalents
|
17,880
41,132
35,336
Trade and other payables
:
amounts falling due within one
|
year
|
(47,653)
(50,290)
5
(12,317)
(9,158)
Net current liabilities
Total assets less current liabilities
|
74,511
57,642
Trade and other payables
:
amounts falling due after more
|
than one year
|
(28,617)
(37,123)
6
(13,881)
(12,724)
Provisions for liabilities
|
23,507
Net assets
16,301
2
2
23,505
16,299
23,507
16,301
Shareholders' funds
For the year ended 30 June 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Stephen Revels Director
|
These financial statements were approved and authorised for issue by the Board on 15 March 2022 and were signed by:
|
1 of 5
For the year ended 30 June 2021
Stephen Revels Plant Hire Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 30 June 2021
Stephen Revels Plant Hire Ltd
Notes to the Financial Statements
Statutory Information
Stephen Revels Plant Hire Ltd is a private limited company
,
limited by shares
,
domiciled in Northern Ireland
,
|
registration number NI
047070
.
|
211 Armagh Road
Newry
Down
BT35 6NW
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
''
The Financial Reporting Standard applicable in the UK and Republic of Ireland
''
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
|
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and Machinery
Motor Vehicles
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
3 of 5
For the year ended 30 June 2021
Stephen Revels Plant Hire Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor Vehicles
227,243
1,825
13,400
212,018
26,887
-
-
26,887
-
-
(6,000)
(6,000)
232,905
13,400
1,825
248,130
Provision for depreciation and impairment
|
157,284
1,740
12,664
142,880
Charge for year
9,377
8
147
9,222
(2,200)
-
-
(2,200)
164,461
1,748
12,811
149,902
83,003
589
77
83,669
69,138
736
85
69,959
2020
2021
6,075
3,816
4
.
Trade and other receivables
|
2020
2021
14,635
8,394
2,542
2,259
10,653
17,177
The debtors above include the following amounts falling due after more than one year
:
|
(1,800)
(1,800)
4 of 5
For the year ended 30 June 2021
Stephen Revels Plant Hire Ltd
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
20,000
20,000
429
255
29,861
27,398
50,290
47,653
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
37,123
28,617
7
.
Average number of persons employed
|
During the year the average number of employees was 0 (2020 : 2)
5 of 5