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REGISTERED NUMBER: SC680841 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

John Duncan Plant Hire Limited

John Duncan Plant Hire Limited (Registered number: SC680841)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


John Duncan Plant Hire Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: J Duncan
M Duncan





REGISTERED OFFICE: 7 Ythan Terrace
Ellon
AB41 9LJ





REGISTERED NUMBER: SC680841 (Scotland)





ACCOUNTANTS: J M Taylor
7 Ythan Terrace
Ellon
Aberdeenshire
AB41 9LJ

John Duncan Plant Hire Limited (Registered number: SC680841)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 742,274 572,965

CURRENT ASSETS
Stocks 122,295 289,031
Debtors 5 203,365 279,608
Cash at bank 40,711 198,934
366,371 767,573
CREDITORS
Amounts falling due within one year 6 439,673 595,963
NET CURRENT (LIABILITIES)/ASSETS (73,302 ) 171,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

668,972

744,575

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 668,872 744,475
SHAREHOLDERS' FUNDS 668,972 744,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

John Duncan Plant Hire Limited (Registered number: SC680841)

Balance Sheet - continued
31 October 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 15 May 2025 and were signed on its behalf by:





J Duncan - Director


John Duncan Plant Hire Limited (Registered number: SC680841)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

John Duncan Plant Hire Limited is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery etc - 25% on cost and 10% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
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 13 (2023 - 8 ) .

John Duncan Plant Hire Limited (Registered number: SC680841)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 651,335
Additions 260,680
At 31 October 2024 912,015
DEPRECIATION
At 1 November 2023 78,370
Charge for year 91,371
At 31 October 2024 169,741
NET BOOK VALUE
At 31 October 2024 742,274
At 31 October 2023 572,965

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 188,352 247,664
Other debtors 15,013 31,944
203,365 279,608

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 249,492 178,798
Trade creditors 171,883 294,478
Taxation and social security (39,547 ) 74,363
Other creditors 57,845 48,324
439,673 595,963

7. RELATED PARTY DISCLOSURES

Within trade creditors is a balance of £22,692.07 owing to John Duncan Plant Hire, a Partnership, in which the director John Duncan is a 50% partner.

Within other creditors is a balance of £12,523.42 owing to John Duncan Plant Hire a Partnership, in which the director John Duncan is a 50% partner.