St. Helens Skip Hire Limited - Accounts to registrar (filleted) - small 18.2

St. Helens Skip Hire Limited - Accounts to registrar (filleted) - small 18.2

ST. HELENS SKIP HIRE LIMITED - Company Information

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REGISTERED NUMBER: 08006436 (England and Wales)















ST. HELENS SKIP HIRE LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018





DTE Business Advisers Limited
Chartered Accountants
The Exchange
5 Bank Street
Bury
BL9 0DN








ST. HELENS SKIP HIRE LIMITED (REGISTERED NUMBER: 08006436)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ST. HELENS SKIP HIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: Mrs K Kelly





REGISTERED OFFICE: The Exchange
5 Bank Street
Bury
BL9 0DN





REGISTERED NUMBER: 08006436 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
Chartered Accountants
The Exchange
5 Bank Street
Bury
BL9 0DN
1
ST. HELENS SKIP HIRE LIMITED (REGISTERED NUMBER: 08006436)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2018

2018 2017
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 11,679 13,740

CURRENT ASSETS
Debtors 5 6,034 7,034
Cash at bank and in hand 1,133 856
7,167 7,890
CREDITORS
Amounts falling due within one year 6 (21,655 ) (21,511 )
NET CURRENT LIABILITIES (14,488 ) (13,621 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(2,809
)
119

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,909 ) 19
SHAREHOLDERS' FUNDS (2,809 ) 119

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20 December 2018 and were signed by:





Mrs K Kelly - Director


The notes form part of these financial statements

2
ST. HELENS SKIP HIRE LIMITED (REGISTERED NUMBER: 08006436)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

St. Helens Skip Hire Limited is a private company, limited by shares, registered in England and Wales. The
company's registered number is 08006436 and the registered office is The Exchange, 5 Bank Street, Bury, BL9
0DN.

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.

The company has net liabilities of £2,809 (2017: net assets of £119). The company has continued to trade
following the year-end and continues to meet obligations as they fall due. The director has considered the
business risks and believes that the company is well placed to manage these risks successfully, thus the going
concern basis of accounting has been adopted in preparing these financial statements.

Significant judgements and estimates
The director does not consider there to be any critical accounting estimates or judgements that would have a
material impact on the financial statements.

Revenue
Revenue comprises the aggregate of the fair value of the sale of goods and services provided, net of value-added
tax, rebates and discounts. Revenue is recognised as follows:-

Sales of goods are recognised when the company has delivered products to the customer, the customer has
accepted the products and collection of the related receivables is anticipated.

Service revenues are recognised as those services are provided to customers.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third
parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised
in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost,
being the transaction price less any amounts settled.


3 continued...
ST. HELENS SKIP HIRE LIMITED (REGISTERED NUMBER: 08006436)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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 1 (2017 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2017
and 31 March 2018 23,725
DEPRECIATION
At 1 April 2017 9,985
Charge for year 2,061
At 31 March 2018 12,046
NET BOOK VALUE
At 31 March 2018 11,679
At 31 March 2017 13,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 6,034 7,034

4 continued...
ST. HELENS SKIP HIRE LIMITED (REGISTERED NUMBER: 08006436)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other creditors 21,655 21,511

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The maximum balance owed to the company during the year was £5,340 (2016: £5,340).

The loan was repaid in full in April 2016.

5