Registered Number 03020923

O'GRADY PLANT & HAULAGE LTD.

Abbreviated Accounts

31 August 2012

O'GRADY PLANT & HAULAGE LTD. Registered Number 03020923

Abbreviated Balance Sheet as at 31 August 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 31,657 17,512
31,657 17,512
Current assets
Debtors 306,012 186,174
Cash at bank and in hand 33,229 -
339,241 186,174
Creditors: amounts falling due within one year (312,191) (350,734)
Net current assets (liabilities) 27,050 (164,560)
Total assets less current liabilities 58,707 (147,048)
Creditors: amounts falling due after more than one year - (17,974)
Total net assets (liabilities) 58,707 (165,022)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 58,607 (165,122)
Shareholders' funds 58,707 (165,022)
  • For the year ending 31 August 2012 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 April 2013

And signed on their behalf by:
P O'Grady, Director

O'GRADY PLANT & HAULAGE LTD. Registered Number 03020923

Notes to the Abbreviated Accounts for the period ended 31 August 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 September 2011 395,598
Additions 23,900
Disposals -
Revaluations -
Transfers -
At 31 August 2012 419,498
Depreciation
At 1 September 2011 378,086
Charge for the year 9,755
On disposals -
At 31 August 2012 387,841
Net book values
At 31 August 2012 31,657
At 31 August 2011 17,512

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery - 20% on straight line
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

3Called Up Share Capital
Allotted, called up and fully paid:
2012
£
2011
£
100 Ordinary shares of £1 each 100 100