A.b.r. Hire Services Limited - Accounts to registrar (filleted) - small 18.2

A.b.r. Hire Services Limited - Accounts to registrar (filleted) - small 18.2

A.B.R. HIRE SERVICES LIMITED - Company Information

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IRIS Accounts Production v21.2.0.376 SC228136 Board of Directors 1.3.20 28.2.21 28.2.21 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2281362020-02-29SC2281362021-02-28SC2281362020-03-012021-02-28SC2281362019-02-28SC2281362019-03-012020-02-29SC2281362020-02-29SC228136ns16:Scotland2020-03-012021-02-28SC228136ns15:PoundSterling2020-03-012021-02-28SC228136ns11:Director12020-03-012021-02-28SC228136ns11:PrivateLimitedCompanyLtd2020-03-012021-02-28SC228136ns11:SmallEntities2020-03-012021-02-28SC228136ns11:AuditExempt-NoAccountantsReport2020-03-012021-02-28SC228136ns11:SmallCompaniesRegimeForDirectorsReport2020-03-012021-02-28SC228136ns11:SmallCompaniesRegimeForAccounts2020-03-012021-02-28SC228136ns11:FullAccounts2020-03-012021-02-28SC228136ns11:Director22020-03-012021-02-28SC228136ns11:RegisteredOffice2020-03-012021-02-28SC228136ns6:CurrentFinancialInstruments2021-02-28SC228136ns6:CurrentFinancialInstruments2020-02-29SC228136ns6:ShareCapital2021-02-28SC228136ns6:ShareCapital2020-02-29SC228136ns6:RetainedEarningsAccumulatedLosses2021-02-28SC228136ns6:RetainedEarningsAccumulatedLosses2020-02-29SC228136ns6:PlantMachinery2020-03-012021-02-28SC228136ns6:MotorVehicles2020-03-012021-02-28SC228136ns6:PlantMachinery2020-02-29SC228136ns6:MotorVehicles2020-02-29SC228136ns6:PlantMachinery2021-02-28SC228136ns6:MotorVehicles2021-02-28SC228136ns6:PlantMachinery2020-02-29SC228136ns6:MotorVehicles2020-02-29
REGISTERED NUMBER: SC228136 (Scotland)










Unaudited Financial Statements

for the Year Ended 28 February 2021

for

A.B.R. HIRE SERVICES LIMITED
A.B.R. HIRE SERVICES LIMITED (REGISTERED NUMBER: SC228136)






Contents of the Financial Statements
for the Year Ended 28 February 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A.B.R. HIRE SERVICES LIMITED

Company Information
for the Year Ended 28 February 2021







DIRECTORS: A Reid
W Reid





REGISTERED OFFICE: Bridge Yard
Bridge Street
Longriggend
Airdrie
ML6 7AB





REGISTERED NUMBER: SC228136 (Scotland)





ACCOUNTANTS: WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA
Page 1
A.B.R. HIRE SERVICES LIMITED (REGISTERED NUMBER: SC228136)

Balance Sheet
28 February 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,858 35,308

CURRENT ASSETS
Debtors 5 80,110 80,410
Cash at bank 162,735 90,569
242,845 170,979
CREDITORS
Amounts falling due within one year 6 22,798 5,685
NET CURRENT ASSETS 220,047 165,294
TOTAL ASSETS LESS CURRENT
LIABILITIES
276,905
200,602

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 276,903 200,600
SHAREHOLDERS' FUNDS 276,905 200,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
A.B.R. HIRE SERVICES LIMITED (REGISTERED NUMBER: SC228136)

Balance Sheet - continued
28 February 2021


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 August 2021 and were signed on its behalf by:





A Reid - Director


The notes form part of these financial statements

Page 3
A.B.R. HIRE SERVICES LIMITED (REGISTERED NUMBER: SC228136)

Notes to the Financial Statements
for the Year Ended 28 February 2021

1. STATUTORY INFORMATION

A.b.r. Hire Services Limited is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Basic financial instruments
Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

Page 4 continued...
A.B.R. HIRE SERVICES LIMITED (REGISTERED NUMBER: SC228136)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2021

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2020 2,308 90,918 93,226
Additions - 53,294 53,294
Disposals - (28,119 ) (28,119 )
At 28 February 2021 2,308 116,093 118,401
DEPRECIATION
At 1 March 2020 2,191 55,727 57,918
Charge for year 23 18,922 18,945
Eliminated on disposal - (15,320 ) (15,320 )
At 28 February 2021 2,214 59,329 61,543
NET BOOK VALUE
At 28 February 2021 94 56,764 56,858
At 29 February 2020 117 35,191 35,308

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 80,110 80,410

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors - 1
Other creditors 301 301
Tax 12,842 3,825
VAT 8,905 843
Accrued expenses 750 715
22,798 5,685

Page 5