IRIS Accounts Production v17.3.0.1062 06849731 director 1.4.16 31.3.17 31.3.17 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068497312016-03-31068497312017-03-31068497312016-04-012017-03-31068497312015-03-31068497312015-04-012016-03-31068497312016-03-3106849731ns15:EnglandWales2016-04-012017-03-3106849731ns14:PoundSterling2016-04-012017-03-3106849731ns10:Director12016-04-012017-03-3106849731ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3106849731ns10:SmallEntities2016-04-012017-03-3106849731ns10:AuditExempt-NoAccountantsReport2016-04-012017-03-3106849731ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3106849731ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3106849731ns10:FullAccounts2016-04-012017-03-310684973112016-04-012017-03-3106849731ns10:CompanySecretary12016-04-012017-03-3106849731ns10:RegisteredOffice2016-04-012017-03-3106849731ns5:CurrentFinancialInstruments2017-03-3106849731ns5:CurrentFinancialInstruments2016-03-3106849731ns5:ShareCapital2017-03-3106849731ns5:ShareCapital2016-03-3106849731ns5:RetainedEarningsAccumulatedLosses2017-03-3106849731ns5:RetainedEarningsAccumulatedLosses2016-03-3106849731ns5:NetGoodwill2016-04-012017-03-3106849731ns5:IntangibleAssetsOtherThanGoodwill2016-04-012017-03-3106849731ns5:PlantMachinery2016-04-012017-03-3106849731ns5:NetGoodwill2016-03-3106849731ns5:NetGoodwill2017-03-3106849731ns5:NetGoodwill2016-03-3106849731ns5:PlantMachinery2016-03-3106849731ns5:FurnitureFittings2016-03-3106849731ns5:MotorVehicles2016-03-3106849731ns5:ComputerEquipment2016-03-3106849731ns5:FurnitureFittings2016-04-012017-03-3106849731ns5:MotorVehicles2016-04-012017-03-3106849731ns5:ComputerEquipment2016-04-012017-03-3106849731ns5:PlantMachinery2017-03-3106849731ns5:FurnitureFittings2017-03-3106849731ns5:MotorVehicles2017-03-3106849731ns5:ComputerEquipment2017-03-3106849731ns5:PlantMachinery2016-03-3106849731ns5:FurnitureFittings2016-03-3106849731ns5:MotorVehicles2016-03-3106849731ns5:ComputerEquipment2016-03-3106849731ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3106849731ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-3106849731ns5:DeferredTaxation2016-04-012017-03-3106849731ns5:DeferredTaxation2017-03-31


REGISTERED NUMBER: 06849731 (England and Wales)















A & M LLOYD PLANT HIRE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017






A & M LLOYD PLANT HIRE LIMITED (REGISTERED NUMBER: 06849731)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & M LLOYD PLANT HIRE LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2017







DIRECTOR: A M Lloyd





SECRETARY: Mrs G M Lloyd





REGISTERED OFFICE: Llwyn Bach
Bala Road
Dolgellau
Gwynedd
LL40 2YF





REGISTERED NUMBER: 06849731 (England and Wales)





ACCOUNTANTS: E W Owen & Co
Glyndwr Buildings
Glyndwr Street
Dolgellau
Gwynedd
LL40 1BB

A & M LLOYD PLANT HIRE LIMITED (REGISTERED NUMBER: 06849731)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,000 6,000
Tangible assets 5 973,724 858,474
977,724 864,474

CURRENT ASSETS
Debtors 6 230,102 146,162
Cash at bank 54,050 208,878
284,152 355,040
CREDITORS
Amounts falling due within one year 7 992,115 956,657
NET CURRENT LIABILITIES (707,963 ) (601,617 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

269,761

262,857

PROVISIONS FOR LIABILITIES 8 144,916 -
NET ASSETS 124,845 262,857

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 124,843 262,855
SHAREHOLDERS' FUNDS 124,845 262,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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.

A & M LLOYD PLANT HIRE LIMITED (REGISTERED NUMBER: 06849731)

BALANCE SHEET - continued
31 MARCH 2017


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 October 2017 and were signed by:





A M Lloyd - Director


A & M LLOYD PLANT HIRE LIMITED (REGISTERED NUMBER: 06849731)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2017


1. STATUTORY INFORMATION

A & M Lloyd Plant 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

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.

A & M LLOYD PLANT HIRE LIMITED (REGISTERED NUMBER: 06849731)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2017


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 20,000
AMORTISATION
At 1 April 2016 14,000
Charge for year 2,000
At 31 March 2017 16,000
NET BOOK VALUE
At 31 March 2017 4,000
At 31 March 2016 6,000

A & M LLOYD PLANT HIRE LIMITED (REGISTERED NUMBER: 06849731)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2017


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2016 1,709,358 10,758 154,433 2,268 1,876,817
Additions 446,324 - - 380 446,704
Disposals (84,500 ) - - - (84,500 )
At 31 March 2017 2,071,182 10,758 154,433 2,648 2,239,021
DEPRECIATION
At 1 April 2016 924,186 2,760 89,661 1,736 1,018,343
Charge for year 229,399 1,200 16,193 162 246,954
At 31 March 2017 1,153,585 3,960 105,854 1,898 1,265,297
NET BOOK VALUE
At 31 March 2017 917,597 6,798 48,579 750 973,724
At 31 March 2016 785,172 7,998 64,772 532 858,474

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 199,722 115,782
Other debtors 30,380 30,380
230,102 146,162

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Hire purchase contracts 360,938 316,041
Trade creditors 14,572 15,986
Taxation and social security 14,165 16,913
Other creditors 602,440 607,717
992,115 956,657

8. PROVISIONS FOR LIABILITIES
2017 2016
£    £   
Deferred tax 144,916 -

A & M LLOYD PLANT HIRE LIMITED (REGISTERED NUMBER: 06849731)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2017


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 144,916
Balance at 31 March 2017 144,916

9. RELATED PARTY DISCLOSURES

According to the Director there were no other material related party transactions during the year.

10. ULTIMATE CONTROLLING PARTY

The controlling party is A M Lloyd.