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REGISTERED NUMBER: 01180200 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

GRANT PLANT (MAIDENHEAD) LIMITED

GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRANT PLANT (MAIDENHEAD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Mr A Grant
Mrs L F Grant





SECRETARY: Mr K McDonald





REGISTERED OFFICE: Pioneer Works
Malvern Road
Maidenhead
Berkshire
SL6 7RD





REGISTERED NUMBER: 01180200 (England and Wales)

GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,545,570 2,188,031

CURRENT ASSETS
Stocks 119,281 362,057
Debtors 5 913,206 1,060,032
Cash at bank and in hand 178,357 143,248
1,210,844 1,565,337
CREDITORS
Amounts falling due within one year 6 630,547 1,064,492
NET CURRENT ASSETS 580,297 500,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,125,867

2,688,876

PROVISIONS FOR LIABILITIES 386,393 431,991
NET ASSETS 1,739,474 2,256,885

CAPITAL AND RESERVES
Called up share capital 270,000 270,000
Revaluation reserve 12,288 12,288
Retained earnings 1,457,186 1,974,597
1,739,474 2,256,885

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

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

GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)

BALANCE SHEET - continued
31 AUGUST 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





Mr A Grant - Director


GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Grant Plant (Maidenhead) Limited is a private company limited by shares incorporated in England and Wales The registered office is Pioneer Works, Malvern Road, Maidenhead, Berkshire, United Kingdom, SL6 7RD.

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 machines and plant, being recognised at the point of delivery or collection, and plant hire services recognised over the period of rental. Turnover excludes Value Added Tax.

Other income
Rental income
Income from rentals represents rent charged and is recognised on an accruals basis.

Service charges
Income from service charges represents fees charged for services carried out and is recognised on an accruals basis.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings 2% on cost.
Plant and equipment 10 - 20% on cost
Fixtures and fittings 15% on cost.
Motor vehicles 12.5% - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.


GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Fixed asset investments
Interests in associates are initially measured at cost and subsequently measured at cost less any
accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.Bank overdrafts are shown within borrowings in current liabilities.

Other reserves
Other reserves represents the items that have been revalued up to their deemed cost, the amount is held in this reserve until the point that the assets associated with it are sold, at which point the relevant value of the reserve is reversed to the profit and loss.

GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 September 2023 649,303 2,426,550 119,138 406,488 3,601,479
Additions - 138,740 673 35,004 174,417
Disposals (649,303 ) (214,504 ) - (22,415 ) (886,222 )
At 31 August 2024 - 2,350,786 119,811 419,077 2,889,674
DEPRECIATION
At 1 September 2023 189,236 943,414 87,338 193,460 1,413,448
Charge for year 15,393 187,502 10,921 50,481 264,297
Eliminated on disposal (204,629 ) (106,597 ) - (22,415 ) (333,641 )
At 31 August 2024 - 1,024,319 98,259 221,526 1,344,104
NET BOOK VALUE
At 31 August 2024 - 1,326,467 21,552 197,551 1,545,570
At 31 August 2023 460,067 1,483,136 31,800 213,028 2,188,031

On 9th April 2024, the property was distributed to ADMG Properties Ltd via a dividend in specie.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 269,561 283,117
Amounts owed by group undertakings 251,725 -
Other debtors 391,920 776,915
913,206 1,060,032

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 85,113 469,842
Taxation and social security 112,962 80,547
Other creditors 432,472 514,103
630,547 1,064,492

GRANT PLANT (MAIDENHEAD) LIMITED (REGISTERED NUMBER: 01180200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. PARENT COMPANY

The company's ultimate parent company is ADMG Properties Limited, a company registered in England and Wales.

The registered office of ADMG Properties Limited is Victoria House, 26 Queen Victoria Street, Reading, RG1 1TG and the company's registered number is 05054954.