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REGISTERED NUMBER: 11177828 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ACTION PLANT HIRE LTD

ACTION PLANT HIRE LTD (REGISTERED NUMBER: 11177828)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ACTION PLANT HIRE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: C J Comer
T D Lawler





REGISTERED OFFICE: c/o Nigel B Butler Ltd
Basepoint Business Centre
Rivermead Drive, Westlea
Swindon
Wiltshire
SN5 7EX





REGISTERED NUMBER: 11177828 (England and Wales)





ACCOUNTANTS: Nigel B Butler Limited
Basepoint Business Centre
Rivermead Drive
Swindon
Wiltshire
SN5 7EX

ACTION PLANT HIRE LTD (REGISTERED NUMBER: 11177828)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
as restated
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,204,893 1,164,867

CURRENT ASSETS
Stocks 15,784 11,203
Debtors 664,200 620,599
Cash at bank 34,341 6,571
714,325 638,373
CREDITORS
Amounts falling due within one year 1,399,449 1,425,646
NET CURRENT LIABILITIES (685,124 ) (787,273 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

519,769

377,594

CREDITORS
Amounts falling due after more than one
year

(77,900

)

(152,185

)

PROVISIONS FOR LIABILITIES (84,556 ) (42,633 )
NET ASSETS 357,313 182,776

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 357,311 182,774
SHAREHOLDERS' FUNDS 357,313 182,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ACTION PLANT HIRE LTD (REGISTERED NUMBER: 11177828)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 April 2025 and were signed on its behalf by:





C J Comer - Director


ACTION PLANT HIRE LTD (REGISTERED NUMBER: 11177828)

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

1. STATUTORY INFORMATION

Action Plant Hire Ltd 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.

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.
Plant and machinery - 17.5% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 17.5% on cost
Computer equipment - 50% 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.

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 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.

ACTION PLANT HIRE LTD (REGISTERED NUMBER: 11177828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 1,473,131
Additions 335,396
Disposals (11,400 )
At 30 September 2024 1,797,127
DEPRECIATION
At 1 October 2023 308,264
Charge for year 287,461
Eliminated on disposal (3,491 )
At 30 September 2024 592,234
NET BOOK VALUE
At 30 September 2024 1,204,893
At 30 September 2023 1,164,867

ACTION PLANT HIRE LTD (REGISTERED NUMBER: 11177828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 October 2023 403,136
Additions 19,945
At 30 September 2024 423,081
DEPRECIATION
At 1 October 2023 73,223
Charge for year 68,884
At 30 September 2024 142,107
NET BOOK VALUE
At 30 September 2024 280,974
At 30 September 2023 329,913

5. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
as restated
£    £   
Bank loans 278,741 351,983
Hire purchase contracts 166,596 271,991
445,337 623,974

The bank loan is secured by a fixed and floating charge over all assets of the company and includes a negative pledge.

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the company directors by virtue of them equally owning 100% of the company issued share capital.