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REGISTERED NUMBER: 08936366 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Braddan Plant Hire Ltd

Braddan Plant Hire Ltd (Registered number: 08936366)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Braddan Plant Hire Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr C D Caddick
Mr B C Caddick
Mr M L Tomlinson





REGISTERED OFFICE: Braddan House
28 Cleveland Trading Estate
Forge Way
Darlington
Co. Durham
DL1 2PB





REGISTERED NUMBER: 08936366 (England and Wales)





ACCOUNTANTS: Lyons Watson
Accountants & Business Advisers
Business Central
2 Union Square
Darlington
Co. Durham
DL1 1GL

Braddan Plant Hire Ltd (Registered number: 08936366)

Abridged Balance Sheet
31 March 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,197,243 969,285

CURRENT ASSETS
Debtors 447,568 267,843
Cash at bank and in hand 140,146 183,439
587,714 451,282
CREDITORS
Amounts falling due within one year 897,314 751,378
NET CURRENT LIABILITIES (309,600 ) (300,096 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

887,643

669,189

CREDITORS
Amounts falling due after more than one
year

(574,898

)

(409,897

)

PROVISIONS FOR LIABILITIES (258,435 ) (184,164 )
NET ASSETS 54,310 75,128

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,210 75,028
54,310 75,128

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

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

Braddan Plant Hire Ltd (Registered number: 08936366)

Abridged Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 21 July 2025 and were signed on its behalf by:





Mr C D Caddick - Director


Braddan Plant Hire Ltd (Registered number: 08936366)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Braddan Plant Hire Ltd 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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover
Turnover represents the value of work carried out during the year including amounts not yet invoiced, excluding value added tax. Income is being recognised according to the stage of completion of work done.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance

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.

Braddan Plant Hire Ltd (Registered number: 08936366)

Notes to the Financial Statements - continued
for the Year Ended 31 March 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 8 (2024 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 2,378,184
Additions 606,873
Disposals (146,685 )
At 31 March 2025 2,838,372
DEPRECIATION
At 1 April 2024 1,408,899
Charge for year 315,045
Eliminated on disposal (82,815 )
At 31 March 2025 1,641,129
NET BOOK VALUE
At 31 March 2025 1,197,243
At 31 March 2024 969,285

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

Totals
£   
COST
At 1 April 2024 1,977,067
Additions 554,291
Disposals (50,633 )
At 31 March 2025 2,480,725
DEPRECIATION
At 1 April 2024 1,256,653
Charge for year 263,291
Eliminated on disposal (50,633 )
At 31 March 2025 1,469,311
NET BOOK VALUE
At 31 March 2025 1,011,414
At 31 March 2024 720,414

Braddan Plant Hire Ltd (Registered number: 08936366)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

6. ULTIMATE PARENT COMPANY

The ultimate parent company is Braddan Group Ltd. Their registered office address is Braddan House, 28 Cleveland Trading Estate, Forge Way, Darlington, Co. Durham, DL1 2PB.