Company Registration No. 01486660 (England and Wales)
Greenhill Plant Hire Limited
Unaudited accounts
for the year ended 31 March 2019
Greenhill Plant Hire Limited
Unaudited accounts
Contents
Greenhill Plant Hire Limited
Company Information
for the year ended 31 March 2019
Directors
Andrew John Boath
Nora Boath
Gerard Michael Boath
Company Number
01486660 (England and Wales)
Registered Office
THE LODGE, 152 WINDMILL LANE
NORWOOD GREEN
SOUTHALL
MIDDLESEX
UB2 4NF
Greenhill Plant Hire Limited
Statement of financial position
as at 31 March 2019
Tangible assets
838,815
845,301
Cash at bank and in hand
497,944
420,302
Creditors: amounts falling due within one year
(239,158)
(269,702)
Net current assets
393,860
238,840
Net assets
1,232,675
1,084,141
Called up share capital
300
300
Profit and loss account
1,232,375
1,083,841
Shareholders' funds
1,232,675
1,084,141
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 December 2019.
Gerard Michael Boath
Director
Company Registration No. 01486660
Greenhill Plant Hire Limited
Notes to the Accounts
for the year ended 31 March 2019
Greenhill Plant Hire Limited is a private company, limited by shares, registered in England and Wales, registration number 01486660. The registered office is THE LODGE, 152 WINDMILL LANE, NORWOOD GREEN, SOUTHALL, MIDDLESEX, UB2 4NF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing base method
Motor vehicles
25% reducing base method
Fixtures & fittings
25% reducing base method
Computer equipment
25% reducing base method
Greenhill Plant Hire Limited
Notes to the Accounts
for the year ended 31 March 2019
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2018
819,357
218,910
177,977
95,515
13,041
1,324,800
At 31 March 2019
819,357
218,910
177,977
95,515
13,041
1,324,800
At 1 April 2018
-
217,910
177,300
72,332
11,957
479,499
Charge for the year
-
250
169
5,796
271
6,486
At 31 March 2019
-
218,160
177,469
78,128
12,228
485,985
At 31 March 2019
819,357
750
508
17,387
813
838,815
At 31 March 2018
819,357
1,000
677
23,183
1,084
845,301
Finished goods
8,000
8,000
Trade debtors
122,101
80,240
Accrued income and prepayments
4,973
-
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
74,486
144,026
Loans from directors
127,477
108,828
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 Ordinary shares A of £1 each
100
100
100 Ordinary shares B of £1 each
100
100
9
Transactions with related parties
At the year end, the company owed £127,477 (2018 : £108,828) to the director
Greenhill Plant Hire Limited
Notes to the Accounts
for the year ended 31 March 2019
10
Average number of employees
During the year the average number of employees was 6 (2018: 5).
