Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-307322023-05-01falseNo description of principal activity1313truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05438316 2023-05-01 2024-04-30 05438316 2022-05-01 2023-04-30 05438316 2024-04-30 05438316 2023-04-30 05438316 c:Director1 2023-05-01 2024-04-30 05438316 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 05438316 d:Buildings d:LongLeaseholdAssets 2024-04-30 05438316 d:Buildings d:LongLeaseholdAssets 2023-04-30 05438316 d:PlantMachinery 2023-05-01 2024-04-30 05438316 d:PlantMachinery 2024-04-30 05438316 d:PlantMachinery 2023-04-30 05438316 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05438316 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 05438316 d:MotorVehicles 2023-05-01 2024-04-30 05438316 d:MotorVehicles 2024-04-30 05438316 d:MotorVehicles 2023-04-30 05438316 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05438316 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 05438316 d:OfficeEquipment 2023-05-01 2024-04-30 05438316 d:OfficeEquipment 2024-04-30 05438316 d:OfficeEquipment 2023-04-30 05438316 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05438316 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 05438316 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05438316 d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 05438316 d:CurrentFinancialInstruments 2024-04-30 05438316 d:CurrentFinancialInstruments 2023-04-30 05438316 d:Non-currentFinancialInstruments 2024-04-30 05438316 d:Non-currentFinancialInstruments 2023-04-30 05438316 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05438316 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 05438316 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 05438316 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 05438316 d:ShareCapital 2024-04-30 05438316 d:ShareCapital 2023-04-30 05438316 d:SharePremium 2024-04-30 05438316 d:SharePremium 2023-04-30 05438316 d:RetainedEarningsAccumulatedLosses 2024-04-30 05438316 d:RetainedEarningsAccumulatedLosses 2023-04-30 05438316 c:FRS102 2023-05-01 2024-04-30 05438316 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05438316 c:FullAccounts 2023-05-01 2024-04-30 05438316 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05438316 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 05438316 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 05438316 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 05438316 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 05438316 d:TaxLossesCarry-forwardsDeferredTax 2024-04-30 05438316 d:TaxLossesCarry-forwardsDeferredTax 2023-04-30 05438316 2 2023-05-01 2024-04-30 05438316 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 05438316














ACTIVE PLANT HIRE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2024

 
ACTIVE PLANT HIRE LIMITED
REGISTERED NUMBER:05438316

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note

FIXED ASSETS
  

Tangible assets
 4 
194,058
204,815

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
1,050,450
870,743

Cash at bank and in hand
  
518,481
193,883

  
1,568,931
1,064,626

Creditors: amounts falling due within one year
 6 
(1,497,925)
(770,036)

NET CURRENT ASSETS
  
 
 
71,006
 
 
294,590

TOTAL ASSETS LESS CURRENT LIABILITIES
  
265,064
499,405

Creditors: amounts falling due after more than one year
 7 
-
(41,161)

PROVISIONS FOR LIABILITIES
  

Deferred tax
 9 
(40,115)
(51,338)

  
 
 
(40,115)
 
 
(51,338)

NET ASSETS
  
£224,949
£406,906


CAPITAL AND RESERVES
  

Called up share capital 
  
27,000
27,000

Share premium account
  
2,000
2,000

Profit and loss account
  
195,949
377,906

  
£224,949
£406,906


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Page 1

 
ACTIVE PLANT HIRE LIMITED
REGISTERED NUMBER:05438316

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 January 2025.




J O'Donovan
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
ACTIVE PLANT HIRE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Active Plant Hire Limited is a private limited company limited by shares.  The company registration number is 05438316 and is incorporated in England and Wales.  The registered office of the company is Henwood House, Henwood, Ashford, Kent TN23 3JB.  The principal place of business is Unit 26 Greenacres Trading Estate, Aveley Road, Upminster,  Essex  RM14 2TN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
ACTIVE PLANT HIRE LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
ACTIVE PLANT HIRE LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Plant and machinery
-
20%
reducing balance
Motor vehicles
-
20%
straight line
Office equipment
-
33%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by 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.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements,
Page 5

 
ACTIVE PLANT HIRE LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)

when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the
Page 6

 
ACTIVE PLANT HIRE LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)

transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

The average monthly number of employees, including directors, during the year was 13 (2023 - 13).


4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Motor vehicles
Office equipment
Total



Cost or valuation


At 1 May 2023
36,602
257,717
39,523
15,169
349,011


Additions
-
20,640
-
5,887
26,527



At 30 April 2024

36,602
278,357
39,523
21,056
375,538



Depreciation


At 1 May 2023
1,830
101,851
27,623
12,892
144,196


Charge for the year on owned assets
732
15,602
2,800
1,694
20,828


Charge for the year on financed assets
-
16,456
-
-
16,456



At 30 April 2024

2,562
133,909
30,423
14,586
181,480



Net book value



At 30 April 2024
£34,040
£144,448
£9,100
£6,470
£194,058



At 30 April 2023
£34,772
£155,866
£11,900
£2,277
£204,815

Included in plant and machinery are assets held under hire purchase contracts with a net book value of £65,817 (2023 : £82,273).

Page 7

 
ACTIVE PLANT HIRE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023


Trade debtors
995,996
835,740

Other debtors
47,855
29,919

Prepayments and accrued income
6,599
5,084

£1,050,450
£870,743



6.


Creditors: Amounts falling due within one year

2024
2023

Trade creditors
798,615
318,517

Amounts owed to group undertakings
538,233
289,391

Corporation tax
421
-

Other taxation and social security
8,394
11,402

Obligations under finance lease and hire purchase contracts
41,161
43,324

Other creditors
103,014
100,063

Accruals and deferred income
8,087
7,339

£1,497,925
£770,036



7.


Creditors: Amounts falling due after more than one year

2024
2023

Net obligations under finance leases and hire purchase contracts
-
41,161

£-
£41,161



8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023


Within one year
41,161
43,324

Between 1-5 years
-
41,161

£41,161
£84,485


9.


Deferred taxation

Page 8

 
ACTIVE PLANT HIRE LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
 
9.Deferred taxation (continued)




2024





At beginning of year
(51,338)


Charged to profit or loss
11,223



At end of year
£(40,115)

The provision for deferred taxation is made up as follows:

2024
2023


Tax losses carried forward
(40,115)
(51,338)

£(40,115)
£(51,338)


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £6,850 (2023 - £5,272).  Contributions totalling £1,710 (2023 - £1,254) were payable to the fund at the balance sheet date.


11.


Related party transactions

During the year the company received loans totalling £899,563 (2023 - £899,563) from Colourful Homes Limited.  The amount due to Colourful Homes Limited at the balance sheet date was £91,563 (2023 - £91,563).  J O'Donovan has a material interest in the transactions by virtue of his shareholding in Colourful Homes Limited.
During the year the company provided loans totalling £6,000 (2023 - £Nil) to DMC Services (Essex) Limited.  The amount due from DMC Services (Essex) Limited at the balance sheet date was £6,000 (2023 - £Nil).  J O'Donovan has a material interest in the transaction by virtue of his shareholding in DMC Services (Essex) Limited.


12.
Controlling party / Ultimate parent undertaking and controlling party



Active C & P Holdings Limited is the controlling party of the company.
The ultimate parent undertaking is Active C & P Holdings Limited, a company incorporated in England and Wales.
The company is exempt from the requirement of preparing consolidated financial statements as it is a subsidiary undertaking of a small group under section 383 of the Companies Act 2006.
 


Page 9