DA Plant Hire Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11081469 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2020

for

DA Plant Hire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D M Hughes

REGISTERED OFFICE:

Hughes House

Cargo Fleet Road

Middlesbrough

United Kingdom

TS3 6AG

REGISTERED NUMBER:

11081469 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Tangible assets

4

112,727

107,170

CURRENT ASSETS

Debtors

5

40,950

10,044

Cash at bank

59,695

28,658

100,645

38,702

CREDITORS

Amounts falling due within one year

6

67,751

68,595

NET CURRENT ASSETS/(LIABILITIES)

32,894

(29,893

)

TOTAL ASSETS LESS CURRENT LIABILITIES

145,621

77,277

CREDITORS

Amounts falling due after more than one year

7

(33,799

)

(20,892

)

PROVISIONS FOR LIABILITIES

(21,418

)

-

NET ASSETS

90,404

56,385

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

90,304

56,285

90,404

56,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 February 2021 and were signed by:

Mr D M Hughes - Director

1.	STATUTORY INFORMATION

DA Plant 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2019

124,695

Additions

22,475

At 30 November 2020

147,170

DEPRECIATION

At 1 December 2019

17,525

Charge for year

16,918

At 30 November 2020

34,443

NET BOOK VALUE

At 30 November 2020

112,727

At 30 November 2019

107,170

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2019

106,464

Additions

22,475

At 30 November 2020

128,939

DEPRECIATION

At 1 December 2019

17,000

Charge for year

14,263

At 30 November 2020

31,263

NET BOOK VALUE

At 30 November 2020

97,676

At 30 November 2019

89,464

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

13,950

10,044

Other debtors

27,000

-

40,950

10,044

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Hire purchase contracts

19,556

25,968

Trade creditors

1,482

840

Taxation and social security

25,219

13,509

Other creditors

21,494

28,278

67,751

68,595

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Hire purchase contracts

7,799

20,892

Other creditors

26,000

-

33,799

20,892