Red Spider Hire Ltd,Ltd - AccountsLtd - Accounts

Red Spider Hire Ltd,Ltd - AccountsLtd - Accounts

RED SPIDER HIRE LTD - Company Information

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2021-01-01 08270426 2021-12-31 08270426 2021-01-01 2021-12-31 08270426 2020-12-31 08270426 2020-01-01 2020-12-31 08270426 uk-core:WithinOneYear 2020-12-31 08270426 uk-core:WithinOneYear 2021-12-31 08270426 uk-core:AfterOneYear 2020-12-31 08270426 uk-core:AfterOneYear 2021-12-31 08270426 uk-core:ShareCapital 2021-12-31 08270426 uk-core:ShareCapital 2020-12-31 08270426 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 08270426 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 08270426 uk-bus:Director1 2021-01-01 2021-12-31 08270426 uk-core:OfficeEquipment 2020-12-31 08270426 uk-core:MotorVehicles 2020-12-31 08270426 uk-core:PlantMachinery 2020-12-31 08270426 uk-core:OfficeEquipment 2021-01-01 2021-12-31 08270426 uk-core:MotorVehicles 2021-01-01 2021-12-31 08270426 uk-core:PlantMachinery 2021-01-01 2021-12-31 08270426 uk-core:PlantMachinery 2021-12-31 08270426 uk-core:MotorVehicles 2021-12-31 08270426 uk-core:OfficeEquipment 2021-12-31 08270426 uk-core:WithinOneYear 2021-12-31 08270426 uk-core:WithinOneYear 2020-12-31 08270426 uk-core:AfterOneYear uk-core:Secured 2021-12-31 08270426 uk-core:AfterOneYear uk-core:Secured 2020-12-31 iso4217:GBP xbrli:pure 08270426 uk-bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 08270426 uk-bus:FRS102 2021-01-01 2021-12-31 08270426 uk-bus:FullAccounts 2021-01-01 2021-12-31 08270426 uk-bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31
Red Spider Hire Ltd
Registered Number:08270426
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2021
Red Spider Hire Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08270426
As at 31 December 2021
Red Spider Hire Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
20,884
25,189
2
20,884
25,189
Current assets
Trade and other receivables
5,439
15,798
3
2,409
Cash and cash equivalents
-
15,798
7,848
Trade and other payables: amounts falling due within one
year
(17,897)
(17,966)
4
(10,049)
(2,168)
Net current liabilities
Total assets less current liabilities
18,716
15,140
Trade and other payables: amounts falling due after more
than one year
(71,177)
(50,795)
5
(32,079)
Net liabilities
(56,037)
Capital and reserves
Called up share capital
2
2
Retained earnings
(32,081)
(56,039)
(32,079)
(56,037)
Shareholders' funds
For the year ended 31 December 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 31 December 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.
Annabel Graydon Director
These financial statements were approved and authorised for issue by the Board on 10 May 2022 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2021
Red Spider Hire Ltd
Notes to the Financial Statements
Statutory Information
Red Spider Hire Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08270426.
Registered address:
9 Malvern Road
Worcester
WR24LE
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.
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 January 2021
144,498
1,039
41,512
101,947
916
916
-
-
Additions
At 31 December 2021
101,947
41,512
1,955
145,414
Provision for depreciation and impairment
At 01 January 2021
119,309
770
33,696
84,843
Charge for year
5,221
237
1,563
3,421
At 31 December 2021
124,530
1,007
35,259
88,264
At 31 December 2021
Net book value
13,683
6,253
948
20,884
At 31 December 2020
17,104
7,816
269
25,189
3. Trade and other receivables
2020
2021
£
£
Trade debtors
15,798
5,439
2 of 3
5
For the year ended 31 December 2021
Red Spider Hire Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft
2,350
-
Trade creditors
2,398
3,189
Taxation and social security
9,013
11,299
Other creditors
4,205
3,409
17,966
17,897
5. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft
23,000
23,000
Other creditors
27,795
48,177
50,795
71,177
6. Average number of persons employed
During the year the average number of employees was 3 (2020 : 2)
3 of 3