Company Registration No. 09320832 (England and Wales)
DURKAN & SONS PLANT HIRE LTD
Unaudited accounts
for the year ended 28 February 2023
DURKAN & SONS PLANT HIRE LTD
Unaudited accounts
Contents
DURKAN & SONS PLANT HIRE LTD
Company Information
for the year ended 28 February 2023
Company Number
09320832 (England and Wales)
Registered Office
21 HYDE PARK ROAD
LEEDS
LS6 1PY
ENGLAND
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
DURKAN & SONS PLANT HIRE LTD
Statement of financial position
as at 28 February 2023
Tangible assets
1,134,360
893,680
Cash at bank and in hand
270,237
17,720
Creditors: amounts falling due within one year
(1,301,532)
(477,276)
Net current assets/(liabilities)
65,658
(255,378)
Total assets less current liabilities
1,200,018
638,302
Creditors: amounts falling due after more than one year
(143,389)
(42,890)
Net assets
1,056,629
595,412
Called up share capital
100
100
Profit and loss account
1,056,529
595,312
Shareholders' funds
1,056,629
595,412
For the year ending 28 February 2023 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 20 November 2023 and were signed on its behalf by
B J P Durkan
Director
Company Registration No. 09320832
DURKAN & SONS PLANT HIRE LTD
Notes to the Accounts
for the year ended 28 February 2023
DURKAN & SONS PLANT HIRE LTD is a private company, limited by shares, registered in England and Wales, registration number 09320832. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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.
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:
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.
Renting and leasing of plant, trucks and other heavy vehicles
Other operating income was claim received from insurance as one of the plant stolen from site and plant disposal debited in the asset list.
DURKAN & SONS PLANT HIRE LTD
Notes to the Accounts
for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
1,810,670
192,637
-
2,003,307
Additions
430,190
69,801
1,109
501,100
Disposals
(19,199)
(40,800)
-
(59,999)
At 28 February 2023
2,221,661
221,638
1,109
2,444,408
At 1 March 2022
1,080,731
28,896
-
1,109,627
Charge for the year
171,140
28,911
370
200,421
At 28 February 2023
1,251,871
57,807
370
1,310,048
At 28 February 2023
969,790
163,831
739
1,134,360
At 28 February 2022
729,939
163,741
-
893,680
Amounts falling due within one year
Trade debtors
221,561
199,830
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,797
638
Trade creditors
106,423
7,388
Amounts owed to group undertakings and other participating interests
496,019
(160,000)
Taxes and social security
25,000
-
Other creditors
629,250
629,250
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
110,176
-
DURKAN & SONS PLANT HIRE LTD
Notes to the Accounts
for the year ended 28 February 2023
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
