05729281falsehiring heavy machiney with operators to the construction industry2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-05-31http://www.companieshouse.gov.uk/cd:Director12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director22022-06-012023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:MotorCars2022-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:MotorCars2023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-05-31http://www.companieshouse.gov.uk/2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/cd:FRS1022022-06-012023-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-06-012023-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05729281

F. Kelleher (Plant Hire) Limited

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

F. Kelleher (Plant Hire) Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2023
DIRECTORS
M M Kelleher
F Kelleher
SECRETARY
C Ottewill
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05729281
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

F. Kelleher (Plant Hire) Limited

ACCOUNTS
FOR THEYEARENDED31 MAY 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

F. Kelleher (Plant Hire) Limited

BALANCE SHEET AT 31 May 2023
20232022
Notes££
FIXED ASSETS
Tangible assets4958,6231,178,945
CURRENT ASSETS
Debtors5546,667588,145
Cash at bank and in hand68,75415,004
615,421603,149
CREDITORS: Amounts falling due within one year6299,919370,849
NET CURRENT ASSETS315,502232,300
TOTAL ASSETS LESS CURRENT LIABILITIES1,274,1251,411,245
CREDITORS: Amounts falling due after more than one year794,733226,994
PROVISIONS FOR LIABILITIES AND CHARGES8180,000202,862
NET ASSETS999,392981,389
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account999,390981,387
SHAREHOLDERS' FUNDS999,392981,389
For the year ending 31 May 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 8 February 2024 and signed on their behalf by
.............................
M M Kelleher
Director

F. Kelleher (Plant Hire) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 20%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Turnover
The turnover shown in the profit and loss account represents the value of the goods and services provided in the year, exclusive of Value added Tax.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

F. Kelleher (Plant Hire) Limited

1f. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
1g. Statutory Information
The company is a United Kingdom private limited company, limited by shares, incorporated and domicile in England and Wales. The company's registered number is 05729281 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, England, TW7 4PU.
These financial statements are presented in Pounds Sterling (GBP) as that is the currency in which the majority of the Company transactions are denominated. They comprise the financial statements of the Company for the year ended 31 May 2023 and are presented to the nearest pound.
The Company has determined that the (GBP) is its functional currency as this is the currency of the economic environment in which the Company predominantly operates. The principal activity of the Company during the year continued to be hiring heavy machine with operators to the construction industry.
1h. Operating Leases The Company As Lessee
Rentals paid under operating leases are charged to the Statement of Comprehensive Income on the straight-line basis over the lease term.
Benefits received and receivable as incentive to sign an operating lease are recognised on the straight line basis over the lease term, unless another systematic basis is representative of the time pattern on the lessee's benefit from the use of the leased asset.
1i. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.
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 Statement of Comprehensive Income. Financial assets and liabilities are offset, and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the assets and settle the liability simultaneously.

F. Kelleher (Plant Hire) Limited

1j. Judgements In Applying Accounting Policies And Key Sources Of Estimation Uncertainty
In applying the company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts assets and liabilities. The directors' judgments, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made and are based on historical experience and other factors that are considered to be applicable. and disclosure of contingent assets and liabilities. Due to the inherent subjectivity involved in making such judgments, estimates and assumptions, the actual results and outcomes may differ. In preparing these financial statements, the directors have had to make following judgments:
Determine whether leases entered by the company, either as a lessor or a lessee, are operating leases or finance lease. These decisions depend on assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease-by-lease basis. Determining whether there are indicators of impairment of the company's tangible and intangible assets. Factors taken into consideration in reaching such a decision include the economic viability and excepted future financial performance of the assets and where it is a component.
Tangible fixed assets are depreciation over useful lives into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing assets lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessment considers issues such as future market conditions, the remaining life of the assets and projected disposal values.
1k. Defined Contributions Pension Plan
The Company makes contributions to its employees own defined contribution pension schemes. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit and loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
2. EMPLOYEES
20232022
No.No.
Average number of employees99

F. Kelleher (Plant Hire) Limited

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 June 20221,000,0001,000,000
At 31 May 20231,000,0001,000,000
Depreciation
At 1 June 20221,000,0001,000,000
At 31 May 20231,000,0001,000,000
Net Book Amounts
At 31 May 2023--
4. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsEquipmentMotor CarsTotal
£££££
Cost
At 1 June 20224,393,9956,4706,400169,0214,575,886
Additions125,795-1,775-127,570
Disposals(227,900)--(32,500)(260,400)
At 31 May 20234,291,8906,4708,175136,5214,443,056
Depreciation
At 1 June 20223,301,0824,9105,14185,8083,396,941
Disposals(199,963)--(25,499)(225,462)
For the year292,61939075919,186312,954
At 31 May 20233,393,7385,3005,90079,4953,484,433
Net Book Amounts
At 31 May 2023898,1521,1702,27557,026958,623
At 31 May 20221,092,9131,5601,25983,2131,178,945
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors441,242426,903
Other debtors49,60145,859
Prepayments and accrued income 5,41717,404
Directors current account50,40797,979
546,667588,145

F. Kelleher (Plant Hire) Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Taxation and social security 56,84751,283
Salaries and wages control10,8195,887
Bank Loan10,00010,000
Hire purchase165,532211,114
Trade creditors45,49281,744
Other creditors1,1761,948
Pension schemes8531,414
Accruals9,2007,459
299,919370,849
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr22,50032,500
Hire purchase >1yr72,233194,494
94,733226,994
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation180,000202,862
180,000202,862
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1.00 each22
22

F. Kelleher (Plant Hire) Limited

10. CONTROLLING PARTY
The company was under the control of Mr F Kelleher throughout the current and previous period. Mr F Kelleher is a director and own 100% of issued share capital.
11. RELATED PARTY TRANSACTIONS
The maximum amount overdrawn on the directors loan account in the year was £100,981 ( 2022 £177,669). Interest is payable on this loan.
During the year the company paid rent of £24,000 (2022 £24,000) to Mr & Mrs Kelleher, who are directors of the company.