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HOIST AND HIRE UK LTD - Company Information

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Hoist and Hire UK Ltd

Registered Number:07904856

For the period ended 31 August 2019

England and Wales

Unaudited Financial Statements

As at 31 August 2019

Hoist and Hire UK Ltd

Statement of Financial Position

Registered Number :

07904856

2018

2019

Notes

Fixed assets

Property, plant and equipment

76,413

79,800

76,413

79,800

Current assets

Trade and other receivables

109,012

588,328

288,738

Cash and cash equivalents

66,210

654,538

397,750

Trade and other payables: amounts falling due within one

year

(67,292)

(73,896)

330,458

580,642

Net current assets

Total assets less current liabilities

657,055

410,258

657,055

Net assets

410,258

Capital and reserves

Called up share capital

100

Retained earnings

656,955

410,158

657,055

410,258

Shareholders' funds

For the period ended 31 August 2019 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 period ended 31 August 2019 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.

B J North Director

These financial statements were approved and authorised for issue by the Board on 18 October 2019 and were signed by:

The notes form part of these financial statements

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For the period ended 31 August 2019

Hoist and Hire UK Ltd

Notes to the Financial Statements

Statutory Information

Hoist and Hire UK Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration

number 07904856.

Registered address:

Spring Garden Mill

New Street

Milnsbridge

Huddersfield

HD3 4LN

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, 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:

Boats

4% Straight line

20% Reducing balance

Fixtures and fittings

2. Property, plant and equipment

Total

Fixtures and

fittings

Boats

Cost or

valuation

At 01 May 2018

95,000

2,303

Additions

At 31 August 2019

95,000

2,303

97,303

Provision for depreciation and impairment

At 01 May 2018

15,200

Charge for period

5,690

590

5,100

At 31 August 2019

20,890

590

20,300

At 31 August 2019

Net book value

74,700

1,713

76,413

At 30 April 2018

79,800

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For the period ended 31 August 2019

Hoist and Hire UK Ltd

Notes to the Financial Statements Continued

3. Trade and other receivables

2018

2019

Prepayments and accrued income

85,569

4,270

Amounts owed by directors

502,759

104,742

109,012

588,328

4. Trade and other payables: amounts falling due within one year

2018

2019

Taxation and social security

72,280

66,642

Accruals and deferred income

1,616

650

73,896

67,292

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