TECHNICAL_MAINS_HIRE_LIMI - Accounts

TECHNICAL MAINS HIRE LIMITED - Company Information

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Company Registration No. 04012806 (England and Wales)

TECHNICAL MAINS HIRE LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2013

TECHNICAL MAINS HIRE LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

TECHNICAL MAINS HIRE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

298,472

346,716

Current assets

Debtors

829

Cash at bank and in hand

869

Creditors: amounts falling due within one year

(103,735)

(110,494)

Net current liabilities

(102,866)

(110,494)

Total assets less current liabilities

195,606

236,222

Creditors: amounts falling due after more than one year

(4,849)

(18,473)

Provisions for liabilities

(41,113)

149,644

217,749

Capital and reserves

Called up share capital

100

Revaluation reserve

92,799

114,635

Profit and loss account

56,745

103,014

Shareholders' funds

149,644

217,749

TECHNICAL MAINS HIRE LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2013

- 2 -

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 1 August 2014

J Singleton

Director

Company Registration No. 04012806

TECHNICAL MAINS HIRE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

10% straight line

Fixtures, fittings & equipment

10% straight line

Motor vehicles

10% straight line

The part of the annual depreciation charge on revalued assets which relates to the revaluation surplus is transferred from the revaluation reserve to the profit and loss account.

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2013

769,111

Additions

29,061

At 31 December 2013

798,172

Depreciation

At 1 January 2013

422,395

Charge for the year

77,305

At 31 December 2013

499,700

Net book value

At 31 December 2013

298,472

At 31 December 2012

346,716

TECHNICAL MAINS HIRE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 4 -

Share capital

2013

2012

Allotted, called up and fully paid

100 ordinary of £1 each

100