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REGISTERED NUMBER: 05639596 (England and Wales)

















Unaudited Financial Statements

For The Year Ended 31 January 2024

for

Ccf Plant Hire Limited

Ccf Plant Hire Limited (Registered number: 05639596)

Contents of the Financial Statements
For The Year Ended 31 January 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Ccf Plant Hire Limited

Company Information
For The Year Ended 31 January 2024







DIRECTORS: Mr D J Coverdale
Mr B J Crabtree





REGISTERED OFFICE: 9 Orient Industrial Park
Simonds Road
Leyton
London
E10 7DE





REGISTERED NUMBER: 05639596 (England and Wales)





ACCOUNTANTS: Giess Wallis Crisp LLP
10-12 Mulberry Green
Old Harlow
Essex
CM17 0ET

Ccf Plant Hire Limited (Registered number: 05639596)

Statement of Financial Position
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,233 4,733
Tangible assets 5 495,557 449,608
499,790 454,341

CURRENT ASSETS
Stocks 6 34,240 12,125
Debtors 7 148,199 147,579
Cash at bank and in hand 17,525 15,528
199,964 175,232
CREDITORS
Amounts falling due within one year 8 317,180 199,062
NET CURRENT LIABILITIES (117,216 ) (23,830 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

382,574

430,511

CREDITORS
Amounts falling due after more than one
year

9

(25,976

)

(43,966

)

PROVISIONS FOR LIABILITIES 10 (80,865 ) (94,629 )
NET ASSETS 275,733 291,916

CAPITAL AND RESERVES
Called up share capital 11 82,500 82,500
Retained earnings 193,233 209,416
SHAREHOLDERS' FUNDS 275,733 291,916

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.

Ccf Plant Hire Limited (Registered number: 05639596)

Statement of Financial Position - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





Mr D J Coverdale - Director


Ccf Plant Hire Limited (Registered number: 05639596)

Notes to the Financial Statements
For The Year Ended 31 January 2024


1. STATUTORY INFORMATION

Ccf 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 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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There are no estimates and assumptions which have had a significant risk of causing a material adjustment to the carrying amount of assets and liabilities

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 2022, is being amortised evenly over its estimated useful life of ten 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 - 20% on reducing balance and 10% on reducing balance
Fixtures and fittings - 25% on reducing balance and 20% on reducing balance
Motor vehicles - 25% on reducing balance and 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Ccf Plant Hire Limited (Registered number: 05639596)

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


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11:'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues ' of FRS 102 to all of its financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade debtors and creditors.

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 asset and settle the liability simultaneously.

Debtors
Short terms debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by current accounts, cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 11 (2023 - 10 ) .

Ccf Plant Hire Limited (Registered number: 05639596)

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


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 7,500
AMORTISATION
At 1 February 2023 2,767
Amortisation for year 500
At 31 January 2024 3,267
NET BOOK VALUE
At 31 January 2024 4,233
At 31 January 2023 4,733

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 789,598 60,812 101,055 7,583 959,048
Additions 68,363 - 28,772 341 97,476
Disposals - - (12,250 ) - (12,250 )
At 31 January 2024 857,961 60,812 117,577 7,924 1,044,274
DEPRECIATION
At 1 February 2023 407,238 55,715 38,954 7,533 509,440
Charge for year 30,072 1,019 16,502 139 47,732
Eliminated on disposal - - (8,455 ) - (8,455 )
At 31 January 2024 437,310 56,734 47,001 7,672 548,717
NET BOOK VALUE
At 31 January 2024 420,651 4,078 70,576 252 495,557
At 31 January 2023 382,360 5,097 62,101 50 449,608

6. STOCKS
2024 2023
£    £   
Stocks 34,240 12,125

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 107,300 119,679
Other debtors 40,899 27,900
148,199 147,579

Ccf Plant Hire Limited (Registered number: 05639596)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 95,601 146,388
Taxation and social security 27,859 25,405
Other creditors 193,720 27,269
317,180 199,062

Included within bank loans and overdrafts is a loan taken out under the CBIL scheme.

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 25,976 43,966

Included within bank loans is a loan taken out under the CBIL scheme

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 80,865 94,629

Deferred
tax
£   
Balance at 1 February 2023 94,629
Credit to Statement of Income and Retained Earnings during year (13,764 )
Balance at 31 January 2024 80,865

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
82,500 Ordinary Share £1 82,500 82,500