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REGISTERED NUMBER: 06798252 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

A R Plant Limited

A R Plant Limited (Registered number: 06798252)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A R Plant Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: R Dolman
M D Munro
M W Henderson





REGISTERED OFFICE: 36 Main Street
Carlton
Nuneaton
Warwickshire
CV13 0EZ





REGISTERED NUMBER: 06798252 (England and Wales)





AUDITORS: Torr Waterfield Limited
Statutory Auditor
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

A R Plant Limited (Registered number: 06798252)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,988,122 1,670,146

CURRENT ASSETS
Stocks 73,172 25,920
Debtors 5 1,336,835 105,009
Cash at bank 11,236 11,624
1,421,243 142,553
CREDITORS
Amounts falling due within one year 6 (2,330,551 ) (1,443,076 )
NET CURRENT LIABILITIES (909,308 ) (1,300,523 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,078,814

369,623

CREDITORS
Amounts falling due after more than one
year

7

(1,372,284

)

(537,684

)

PROVISIONS FOR LIABILITIES (406,426 ) (59,460 )
NET ASSETS/(LIABILITIES) 300,104 (227,521 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 300,004 (227,621 )
300,104 (227,521 )

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





M W Henderson - Director


A R Plant Limited (Registered number: 06798252)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

A R Plant 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.

Going concern
The directors have prepared the financial statements on the basis that the company is a going concern. In forming that conclusion the directors have considered current trading and the availability of finance.

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.

Turnover
Revenue represents amounts receivable for the rental of plant and equipment to customers, excluding value added tax, and is recognised once the supply of equipment has been provided to the customer.

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.
Improvements to property - 20% on reducing balance
Plant and machinery - 10 - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Tools and equipment - 10 - 50% on reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


A R Plant Limited (Registered number: 06798252)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under the 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.

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

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.

Government grants
Grants relating to revenue are recognised in income on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 15 ) .

A R Plant Limited (Registered number: 06798252)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Tools and
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 82,715 2,199,004 395,923 70,496 2,748,138
Additions - 1,692,422 - - 1,692,422
Disposals - (72,670 ) - - (72,670 )
At 30 June 2024 82,715 3,818,756 395,923 70,496 4,367,890
DEPRECIATION
At 1 July 2023 22,231 925,607 111,364 18,790 1,077,992
Charge for year 13,677 278,213 56,912 9,512 358,314
Eliminated on disposal - (56,538 ) - - (56,538 )
At 30 June 2024 35,908 1,147,282 168,276 28,302 1,379,768
NET BOOK VALUE
At 30 June 2024 46,807 2,671,474 227,647 42,194 2,988,122
At 30 June 2023 60,484 1,273,397 284,559 51,706 1,670,146


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 84,832 27,809
Other debtors 1,252,003 77,200
1,336,835 105,009

Other debtors includes prepayments and accrued income of £1,252,003 (2023 - £56,335).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 563,690 247,742
Trade creditors 412,894 304,234
Amounts owed to group undertakings 1,156,229 765,290
Taxation and social security 122,930 98,412
Other creditors 74,808 27,398
2,330,551 1,443,076

Other creditors includes accruals and deferred income of £71,462 (2023 - £25,229).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Hire purchase contracts 1,372,284 537,684

A R Plant Limited (Registered number: 06798252)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Hire purchase contracts 1,935,974 785,426

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter Morris FCA (Senior Statutory Auditor)
for and on behalf of Torr Waterfield Limited

10. RELATED PARTY DISCLOSURES

A R Demolition Limited has a financing arrangement that is secured by a fixed and floating charge over the assets of A R Demolition and of the company. At the year end the financing agreement amounted to £769,765 (2023 - £308,537).

11. ULTIMATE CONTROLLING PARTY

The ultimate parent company MRM Group Holdings Limited, a company registered in England and Wales. The largest and smallest group in which the accounts are consolidated is MRM Group Holdings Limited (2023 - MRM Group Limited). Copies of these financial statements are available from Companies House, Cardiff, CF4 3UZ.