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REGISTERED NUMBER: 12800464 (England and Wales)















Unaudited Financial Statements

for the Period 1 September 2022 to 31 December 2023

for

J.D. Plant Hire Limited

J.D. Plant Hire Limited (Registered number: 12800464)






Contents of the Financial Statements
for the Period 1 September 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J.D. Plant Hire Limited

Company Information
for the Period 1 September 2022 to 31 December 2023







DIRECTOR: J D Lockhart





REGISTERED OFFICE: Lower Farm
Bodymoor Heath Lane
Sutton Coldfield
B76 9JG





REGISTERED NUMBER: 12800464 (England and Wales)





ACCOUNTANTS: Gopsall Services Limited
4 HRFC Business Centre
Leicester Road
Hinckley
Leicestershire
LE10 3DR

J.D. Plant Hire Limited (Registered number: 12800464)

Balance Sheet
31 December 2023

31.12.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 325,574 278,555

CURRENT ASSETS
Debtors 5 6,632 100
Cash at bank 388 4,780
7,020 4,880
CREDITORS
Amounts falling due within one year 6 374,116 326,508
NET CURRENT LIABILITIES (367,096 ) (321,628 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(41,522

)

(43,073

)

CREDITORS
Amounts falling due after more than one
year

7

(25,250

)

-

PROVISIONS FOR LIABILITIES (18,660 ) (9,376 )
NET LIABILITIES (85,432 ) (52,449 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (85,532 ) (52,549 )
(85,432 ) (52,449 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

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 director and authorised for issue on 25 October 2024 and were signed by:





J D Lockhart - Director


J.D. Plant Hire Limited (Registered number: 12800464)

Notes to the Financial Statements
for the Period 1 September 2022 to 31 December 2023

1. STATUTORY INFORMATION

J.D. 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.

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


The financial statements have been rounded to the nearest pound (£).

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Going concern
The director assesses whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The director makes this assessment in respect of a period of at least one year from the date of approval of the financial statements. The director has concluded that there are no material uncertainties about the company's ability to continue as a going concern and he is satisfied that the company has adequate resources to continue to meet its liabilities as they fall due, given that £79,286 was owed by the company to the director as at the year end, and, therefore, that it remains appropriate to continue to adopt the going concern basis of accounting in the preparation of the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 10% on reducing balance
Plant and machinery - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period 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 period 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.

J.D. Plant Hire Limited (Registered number: 12800464)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 September 2022 79,900 198,221 43,559 321,680
Additions - 53,631 48,094 101,725
At 31 December 2023 79,900 251,852 91,653 423,405
DEPRECIATION
At 1 September 2022 3,163 26,884 13,078 43,125
Charge for period 10,232 26,298 18,176 54,706
At 31 December 2023 13,395 53,182 31,254 97,831
NET BOOK VALUE
At 31 December 2023 66,505 198,670 60,399 325,574
At 31 August 2022 76,737 171,337 30,481 278,555

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
Additions 48,094
At 31 December 2023 48,094
DEPRECIATION
Charge for period 8,016
At 31 December 2023 8,016
NET BOOK VALUE
At 31 December 2023 40,078

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.8.22
£    £   
Other debtors 6,632 100

J.D. Plant Hire Limited (Registered number: 12800464)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.8.22
£    £   
Hire purchase contracts 16,132 8,167
Trade creditors 9,668 -
Taxation and social security - 8,845
Other creditors 348,316 309,496
374,116 326,508

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.8.22
£    £   
Hire purchase contracts 25,250 -

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.8.22
£    £   
Hire purchase contracts 41,382 8,167

Hire purchase loans are secured on the asset they relate to.