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REGISTERED NUMBER: 00966319 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

PLANT INSTALLATIONS (COVENTRY)
LIMITED

PLANT INSTALLATIONS (COVENTRY)
LIMITED (REGISTERED NUMBER: 00966319)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PLANT INSTALLATIONS (COVENTRY)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: C A Cullinane
S C Cullinane
M Cullinane





SECRETARY: M Cullinane





REGISTERED OFFICE: Crondal Road
Exhall
Coventry
CV7 9NH





REGISTERED NUMBER: 00966319 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

PLANT INSTALLATIONS (COVENTRY)
LIMITED (REGISTERED NUMBER: 00966319)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 223,534 214,262

CURRENT ASSETS
Stocks 76,309 77,002
Debtors 5 927,690 632,115
Cash at bank and in hand 625,548 441,582
1,629,547 1,150,699
CREDITORS
Amounts falling due within one year 6 956,068 721,966
NET CURRENT ASSETS 673,479 428,733
TOTAL ASSETS LESS CURRENT
LIABILITIES

897,013

642,995

CREDITORS
Amounts falling due after more than one
year

7

(50,023

)

(67,499

)

PROVISIONS FOR LIABILITIES (40,445 ) (36,208 )
NET ASSETS 806,545 539,288

CAPITAL AND RESERVES
Called up share capital 46 46
Capital redemption reserve 46 46
Retained earnings 806,453 539,196
SHAREHOLDERS' FUNDS 806,545 539,288

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

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

PLANT INSTALLATIONS (COVENTRY)
LIMITED (REGISTERED NUMBER: 00966319)

BALANCE SHEET - continued
30 NOVEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:





M Cullinane - Director


PLANT INSTALLATIONS (COVENTRY)
LIMITED (REGISTERED NUMBER: 00966319)

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


1. STATUTORY INFORMATION

Plant Installations (Coventry) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 invoiced sales of work done, adjusted for part completed work done at selling price, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 33% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance, 20% on reducing balance, 15% 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.

PLANT INSTALLATIONS (COVENTRY)
LIMITED (REGISTERED NUMBER: 00966319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 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.

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 36 (2023 - 29 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 December 2023 99,893 28,831 1,352,832 1,481,556
Additions - 2,028 67,690 69,718
Disposals - - (29,795 ) (29,795 )
At 30 November 2024 99,893 30,859 1,390,727 1,521,479
DEPRECIATION
At 1 December 2023 92,455 27,122 1,147,717 1,267,294
Charge for year 1,041 481 36,578 38,100
Eliminated on disposal - - (7,449 ) (7,449 )
At 30 November 2024 93,496 27,603 1,176,846 1,297,945
NET BOOK VALUE
At 30 November 2024 6,397 3,256 213,881 223,534
At 30 November 2023 7,438 1,709 205,115 214,262

PLANT INSTALLATIONS (COVENTRY)
LIMITED (REGISTERED NUMBER: 00966319)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2023 139,386
Additions 43,990
Disposals (29,795 )
At 30 November 2024 153,581
DEPRECIATION
At 1 December 2023 39,303
Charge for year 17,801
Eliminated on disposal (7,449 )
At 30 November 2024 49,655
NET BOOK VALUE
At 30 November 2024 103,926
At 30 November 2023 100,083

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 907,870 600,273
Other debtors 19,820 31,842
927,690 632,115

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 24,835 22,706
Trade creditors 357,336 434,554
Taxation and social security 349,209 154,004
Other creditors 224,688 110,702
956,068 721,966

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 50,023 67,499

PLANT INSTALLATIONS (COVENTRY)
LIMITED (REGISTERED NUMBER: 00966319)

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


8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 24,835 22,706
Between one and five years 50,023 67,499
74,858 90,205