06271015falsethe suplly of new and secondhand construction equipment, parts and repairs2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06271015

Plant and Engineering Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

Prepared By:
Adderley & Co.
Chartered Accountants
1A Manor Road
Abbotskerswell
Newton Abbot
Devon
TQ12 5PR

Plant and Engineering Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
J Prior
M Adderley
REGISTERED OFFICE
Beare Works
Beare, Broadclyst
Exeter
Devon
EX5 3JX
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06271015
ACCOUNTANTS
Adderley & Co.
Chartered Accountants
1A Manor Road
Abbotskerswell
Newton Abbot
Devon
TQ12 5PR

Plant and Engineering Services Limited

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Plant and Engineering Services Limited

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3777,373700,390
CURRENT ASSETS
Stock1,155,4361,180,593
Debtors5430,375430,529
Cash at bank and in hand213,149770,123
1,798,9602,381,245
CREDITORS: Amounts falling due within one year6635,1101,056,634
NET CURRENT ASSETS1,163,8501,324,611
TOTAL ASSETS LESS CURRENT LIABILITIES1,941,2232,025,001
PROVISIONS FOR LIABILITIES AND CHARGES836,71713,278
NET ASSETS1,904,5062,011,723
CAPITAL AND RESERVES
Called up share capital91,5001,500
Profit and loss account1,903,0062,010,223
SHAREHOLDERS' FUNDS1,904,5062,011,723
For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 19/03/2025 and signed on their behalf by
.............................
J Prior
Director

Plant and Engineering Services Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 20%
Commercial Vehiclesstraight line 25%
Fixtures and Fittingsstraight line 20%
Motor Carsstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Plant and Engineering Services Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/01/2024150,894150,894
At 31/12/2024150,894150,894
Depreciation
At 01/01/2024150,894150,894
At 31/12/2024150,894150,894
Net Book Amounts
At 31/12/2024--
3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 01/01/2024630,507339,678970,185
Additions-129,205129,205
Disposals-(66,118)(66,118)
At 31/12/2024630,507402,7651,033,272
Depreciation
At 01/01/2024-269,795269,795
Disposals-(52,369)(52,369)
For the year-38,47338,473
At 31/12/2024-255,899255,899
Net Book Amounts
At 31/12/2024630,507146,866777,373
At 31/12/2023630,50769,883700,390
4. STOCK 20242023
££
Stock comprises:
Stock1,155,4361,180,593
1,155,4361,180,593

Plant and Engineering Services Limited

5. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors421,555416,972
Other debtors8,82013,557
430,375430,529
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors371,533525,083
Taxation and social security61,098140,811
Other creditors202,479390,740
635,1101,056,634
7. EMPLOYEES
20242023
No.No.
Average number of employees1514
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation36,71713,278
36,71713,278

Plant and Engineering Services Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1500 Ordinary shares of £1 each15001500
1,5001,500