Bin Hire Limited - Accounts to registrar (filleted) - small 18.2

Bin Hire Limited - Accounts to registrar (filleted) - small 18.2

BIN HIRE LTD - Company Information

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REGISTERED NUMBER: 09130948 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2018

for

Bin Hire Limited
Bin Hire Limited (Registered number: 09130948)






Contents of the Financial Statements
for the Year Ended 31 JANUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bin Hire Limited

Company Information
for the Year Ended 31 JANUARY 2018







DIRECTOR: Mr A C Prior





REGISTERED OFFICE: 8th Floor
Elizabeth House
54-58 High Street
Edgware
Middlesex
HA8 7EJ





REGISTERED NUMBER: 09130948 (England and Wales)





ACCOUNTANTS: Korklin & Company
Certified Practising Accountants
8th Floor
Elizabeth House
54 - 58 High Street
Edgware
Middlesex
HA8 7EJ
Page 1
Bin Hire Limited (Registered number: 09130948)

Balance Sheet
31 JANUARY 2018

31.1.18 31.1.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,803 16,691

CURRENT ASSETS
Debtors 5 2,000 853
Cash at bank 70,035 56,523
72,035 57,376
CREDITORS
Amounts falling due within one year 6 84,334 66,982
NET CURRENT LIABILITIES (12,299 ) (9,606 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
504
7,085

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 404 6,985
SHAREHOLDERS' FUNDS 504 7,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 October 2018 and were signed by:



Mr A C Prior - Director


The notes form part of these financial statements

Page 2
Bin Hire Limited (Registered number: 09130948)

Notes to the Financial Statements
for the Year Ended 31 JANUARY 2018

1. STATUTORY INFORMATION

Bin 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 the provisions of Section 1A "Small Entities" 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 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.
Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current 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 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.

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 2 (2017 - 2 ) .

Page 3 continued...
Bin Hire Limited (Registered number: 09130948)

Notes to the Financial Statements - continued
for the Year Ended 31 JANUARY 2018

4. TANGIBLE FIXED ASSETS
Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 February 2017 1,128 22,500 23,628
Additions 379 - 379
At 31 January 2018 1,507 22,500 24,007
DEPRECIATION
At 1 February 2017 282 6,655 6,937
Charge for year 306 3,961 4,267
At 31 January 2018 588 10,616 11,204
NET BOOK VALUE
At 31 January 2018 919 11,884 12,803
At 31 January 2017 846 15,845 16,691

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Trade debtors 2,000 -
Tax - 853
2,000 853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.18 31.1.17
£    £   
Bank loans and overdrafts - 1,587
Corporation Tax 3,294 -
Social security and other taxes 440 4,801
Proposed dividends - 10,000
Directors' current accounts 75,068 44,174
Accrued expenses 5,532 6,420
84,334 66,982

Page 4