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REGISTERED NUMBER: 03454838 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

TEMPLANT HIRE LIMITED

TEMPLANT HIRE LIMITED (REGISTERED NUMBER: 03454838)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TEMPLANT HIRE LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: R J Allen
Mrs S Allen
C P Allen
Miss Z L Allen





REGISTERED OFFICE: Highwood Road
Chelmsford
Essex
CM1 3PT





REGISTERED NUMBER: 03454838 (England and Wales)






TEMPLANT HIRE LIMITED (REGISTERED NUMBER: 03454838)

Balance Sheet
31 JANUARY 2025

31.1.25 31.1.24
Notes £ £ £
FIXED ASSETS
Tangible assets 4 952,169 907,988

CURRENT ASSETS
Stocks 2,902,063 1,757,663
Debtors 5 958,044 1,487,802
Cash at bank and in hand 423,514 1,000,854
4,283,621 4,246,319
CREDITORS
Amounts falling due within one year 6 1,370,105 1,115,009
NET CURRENT ASSETS 2,913,516 3,131,310
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,865,685

4,039,298

CREDITORS
Amounts falling due after more than one year 7 811,461 1,459,068
NET ASSETS 3,054,224 2,580,230

CAPITAL AND RESERVES
Called up share capital 164,472 164,472
Retained earnings 2,889,752 2,415,758
SHAREHOLDERS' FUNDS 3,054,224 2,580,230

TEMPLANT HIRE LIMITED (REGISTERED NUMBER: 03454838)

Balance Sheet - continued
31 JANUARY 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by:





R J Allen - Director


TEMPLANT HIRE LIMITED (REGISTERED NUMBER: 03454838)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Templant Hire 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.

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 represents net invoiced sales of goods and services, excluding value added tax.

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 reducing balance and 10% on reducing balance

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 Income Statement, 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.

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.

TEMPLANT HIRE LIMITED (REGISTERED NUMBER: 03454838)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued

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 31 (2024 - 26 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Office and Motor
leasehold Equipment fittings vehicles Totals
£ £ £ £ £
COST
At 1 February 2024 11,097 484,913 114,122 1,438,294 2,048,426
Additions 17,536 32,386 2,154 250,138 302,214
Disposals - - - (23,490 ) (23,490 )
At 31 January 2025 28,633 517,299 116,276 1,664,942 2,327,150
DEPRECIATION
At 1 February 2024 9,990 218,093 102,330 810,025 1,140,438
Charge for year 2,861 29,921 3,467 208,571 244,820
Eliminated on disposal - - - (10,277 ) (10,277 )
At 31 January 2025 12,851 248,014 105,797 1,008,319 1,374,981
NET BOOK VALUE
At 31 January 2025 15,782 269,285 10,479 656,623 952,169
At 31 January 2024 1,107 266,820 11,792 628,269 907,988

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Trade debtors 908,801 1,435,576
Other debtors 49,243 52,226
958,044 1,487,802

TEMPLANT HIRE LIMITED (REGISTERED NUMBER: 03454838)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Bank loans and overdrafts 52,081 62,500
Hire purchase contracts 675,347 362,621
Trade creditors 246,627 217,180
Taxation and social security 366,094 436,742
Other creditors 29,956 35,966
1,370,105 1,115,009

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£ £
Bank loans - 52,082
Hire purchase contracts 811,461 1,406,986
811,461 1,459,068

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr and Mrs Allen.