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REGISTERED NUMBER: 12293476 (England and Wales)

























Unaudited Financial Statements for the Year Ended 30 November 2024

for

Pivotal Plant Hire Limited

Pivotal Plant Hire Limited (Registered number: 12293476)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pivotal Plant Hire Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: R R W Shemilt





REGISTERED OFFICE: 2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER





REGISTERED NUMBER: 12293476 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Pivotal Plant Hire Limited (Registered number: 12293476)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 502,131 259,191

CURRENT ASSETS
Debtors 5 236,511 98,737
Cash at bank 156,199 49,272
392,710 148,009
CREDITORS
Amounts falling due within one year 6 453,385 124,881
NET CURRENT (LIABILITIES)/ASSETS (60,675 ) 23,128
TOTAL ASSETS LESS CURRENT LIABILITIES 441,456 282,319

CREDITORS
Amounts falling due after more than one year 7 (262,041 ) (191,462 )

PROVISIONS FOR LIABILITIES (52,636 ) (29,967 )
NET ASSETS 126,779 60,890

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 126,778 60,889
SHAREHOLDERS' FUNDS 126,779 60,890

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2025 and were signed by:



R R W Shemilt - Director


Pivotal Plant Hire Limited (Registered number: 12293476)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Pivotal Plant 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - at varying rates on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 5 (2023 - 5 ) .

Pivotal Plant Hire Limited (Registered number: 12293476)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 373,962
Additions 396,677
Disposals (130,200 )
At 30 November 2024 640,439
DEPRECIATION
At 1 December 2023 114,771
Charge for year 63,562
Eliminated on disposal (40,025 )
At 30 November 2024 138,308
NET BOOK VALUE
At 30 November 2024 502,131
At 30 November 2023 259,191

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 December 2023 304,604
Additions 340,031
Disposals (82,750 )
Transfer to ownership (64,454 )
At 30 November 2024 497,431
DEPRECIATION
At 1 December 2023 94,079
Charge for year 55,931
Eliminated on disposal (38,750 )
Transfer to ownership (23,454 )
At 30 November 2024 87,806
NET BOOK VALUE
At 30 November 2024 409,625
At 30 November 2023 210,525

Pivotal Plant Hire Limited (Registered number: 12293476)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 233,239 98,337
Amounts owed by group undertakings 520 400
Other debtors 2,752 -
236,511 98,737

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 5,556 5,556
Hire purchase contracts 116,199 72,804
Trade creditors 212,660 8,997
Taxation and social security 15,438 24,268
Other creditors 103,532 13,256
453,385 124,881

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans 25,678 31,234
Hire purchase contracts 236,363 100,228
Other creditors - 60,000
262,041 191,462

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,455 9,011

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Hire purchase contracts 352,562 173,032

9. ULTIMATE CONTROLLING PARTY

The controlling party is R R W Shemilt.