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REGISTERED NUMBER: 11584581 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

Plant Hire Division Group Limited

Plant Hire Division Group Limited (Registered number: 11584581)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Plant Hire Division Group Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs K Robinson
B J Robinson





REGISTERED OFFICE: 152 Mill Lane
Wallasey
Wirral
Merseyside
CH44 3BN





REGISTERED NUMBER: 11584581 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Plant Hire Division Group Limited (Registered number: 11584581)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 6,000,300 6,000,251

CURRENT ASSETS
Debtors 5 1,057,703 1,406,764
Cash at bank 754,901 213,675
1,812,604 1,620,439
CREDITORS
Amounts falling due within one year 6 206,923 167,423
NET CURRENT ASSETS 1,605,681 1,453,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,605,981

7,453,267

PROVISIONS FOR LIABILITIES 1,466,505 1,114,544
NET ASSETS 6,139,476 6,338,723

CAPITAL AND RESERVES
Called up share capital 300 300
Share premium 133,880 133,880
Retained earnings 6,005,296 6,204,543
6,139,476 6,338,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Plant Hire Division Group Limited (Registered number: 11584581)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by:





B J Robinson - Director


Plant Hire Division Group Limited (Registered number: 11584581)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Plant Hire Division Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any impairment.

Financial instruments
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at 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 profit and loss.

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.

Plant Hire Division Group Limited (Registered number: 11584581)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 February 2023 6,000,251
Additions 49
At 31 January 2024 6,000,300
NET BOOK VALUE
At 31 January 2024 6,000,300
At 31 January 2023 6,000,251


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Amounts owed by group undertakings 849,570 839,570
Other debtors 208,133 567,194
1,057,703 1,406,764

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 596 1,414
Amounts owed to group undertakings 194,641 155,009
Taxation and social security 637 -
Other creditors 11,049 11,000
206,923 167,423

Plant Hire Division Group Limited (Registered number: 11584581)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. RELATED PARTY DISCLOSURES

Both B Robinson and K Robinson are directors of PHD Property Holdings Limited, Plant Hire Division Limited and E and K Property Limited..

Included in debtors as at 31st January 2024 is £77,291 (2023 £77,291) owing from PHD Property Holdings Limited,

Included in creditors as at 31st January 2024 is £194,541 (2023 £154,909) owing to Plant Hire Division Limited.

Included in debtors as at 31st January 2024 is £772,279 (2023 £762,279) owing from E and K Property Limited.

B Robinson is also a director of Think Change Projects Limited, PHD Project Services Limited and Clearline Developments Limited.

Included in other creditors as at 31st January 2024 is £49 owing to Think Change Projects Limited.

Included in creditors as at 31st January 2024 is £100 (2023 £100) owing to PHD Project Services Limited.

Included in other debtors as at 31st January 2024 is £17,830 (2023 £358,240) owing from Clearline Developments Limited.

These loans are interest free and repayable on demand.