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REGISTERED NUMBER: 12232540 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Foxhall Plant Hire Limited

| Foxhall Plant Hire Limited (Registered number: 12232540) |

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Foxhall Plant Hire Limited |

Company Information

for the Year Ended 31 December 2024

| DIRECTORS: | I D Fairburn

| Mrs L M S Fairburn

| REGISTERED OFFICE: | Bolingbroke Road

| Fairfield Industrial Estate

| LOUTH

| Lincolnshire

| LN11 0ZW

| REGISTERED NUMBER: | 12232540 (England and Wales)

| ACCOUNTANTS: | Nicholsons

| Chartered Accountants

| Newland House

| The Point

| Weaver Road

| LINCOLN

| Lincolnshire

| LN6 3QN

| Foxhall Plant Hire Limited (Registered number: 12232540) |

Abridged Balance Sheet

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 10,000 |  |

Tangible assets | 5 | 1,784,438 |  | 1,600,810 |  |

Investment property | 6 | 695,000 |  | 695,000 |  |

2,479,438 |  | 2,305,810 |  |

CURRENT ASSETS

Debtors | 83,191 |  | 73,496 |  |

CREDITORS

Amounts falling due within one year | 874,062 |  | 1,046,462 |  |

NET CURRENT LIABILITIES | (790,871 | ) | (972,966 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,688,567 |  | 1,332,844 |  |

CREDITORS

Amounts falling due after more than one year | (235,644 | ) | (136,396 | ) |

PROVISIONS FOR LIABILITIES | (622,210 | ) | (562,103 | ) |

NET ASSETS | 830,713 |  | 634,345 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 8 | 830,613 |  | 634,245 |  |

SHAREHOLDERS' FUNDS | 830,713 |  | 634,345 |  |

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

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

| Foxhall Plant Hire Limited (Registered number: 12232540) |

Abridged Balance Sheet - continued

31 December 2024

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 Balance Sheet for the year ended 31 December 2024 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 16 September 2025 and were signed on its behalf by:

I D Fairburn - Director

| Foxhall Plant Hire Limited (Registered number: 12232540) |

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Foxhall 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property | - | 2% on cost and not provided

| Plant and machinery | - | at variable rates on reducing balance

| Fixtures and fittings | - | at variable rates on reducing balance

| Motor vehicles | - | at variable rates on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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.

| Foxhall Plant Hire Limited (Registered number: 12232540) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 7 (2023 - 7 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 50,000 |  |

| AMORTISATION

| At 1 January 2024 | 40,000 |  |

| Amortisation for year | 10,000 |  |

| At 31 December 2024 | 50,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  |

| At 31 December 2023 | 10,000 |  |

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST OR VALUATION

| At 1 January 2024 | 1,828,990 |  |

| Additions | 275,507 |  |

| At 31 December 2024 | 2,104,497 |  |

| DEPRECIATION

| At 1 January 2024 | 228,180 |  |

| Charge for year | 91,879 |  |

| At 31 December 2024 | 320,059 |  |

| NET BOOK VALUE

| At 31 December 2024 | 1,784,438 |  |

| At 31 December 2023 | 1,600,810 |  |

| Cost or valuation at 31 December 2024 is represented by:

| Totals

£ |

| Valuation in 2022 | 48,961 |  |

| Cost | 2,055,536 |  |

2,104,497 |  |

| Foxhall Plant Hire Limited (Registered number: 12232540) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

5. | TANGIBLE FIXED ASSETS - continued

| If the freehold property had not been revalued it would have been included at the following historical cost:

2024 | 2023 |

£ | £ |

| Cost | 281,039 |  | 281,039 |  |

| Aggregate depreciation | 12,813 |  | 8,542 |  |

| Value of land in freehold land and buildings | 67,500 |  | 67,500 |  |

| The property was valued on an open market basis on 30 September 2022 by a RICS qualified valuer .

| If the property was to be sold at the revalued amount there would be an additional tax charge of £12,240 (2023: £12,240).

6. | INVESTMENT PROPERTY

| Total

£ |

| COST OR VALUATION

| At 1 January 2024

| and 31 December 2024 | 695,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | 695,000 |  |

| At 31 December 2023 | 695,000 |  |

| If the properties were to be sold at the revalued amount there would be an additional tax charge of £41,706 (2023: £41,706).

| If depreciation had been charged on the historical cost the cumulative depreciation would be £31,689 (2023: £21,126).

| Cost or valuation at 31 December 2024 is represented by:

£ |

| Valuation in 2023 | 166,826 |  |

| Cost | 528,174 |  |

695,000 |  |

| If the investment property had not been revalued it would have been included at the following historical cost:

2024 | 2023 |

£ | £ |

| Cost | 528,174 |  | 528,174 |  |

| The investment property was valued on an open market value basis on 30 September 2022 by a RICS qualified valuer .

| Foxhall Plant Hire Limited (Registered number: 12232540) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank overdrafts | 54,916 |  | 57,344 |  |

| Bank loans | 47,500 |  | 55,000 |  |

| Hire purchase contracts | 351,211 |  | 256,115 |  |

453,627 |  | 368,459 |  |

| Loans are secured against the asset to which they relate.

8. | RESERVES

| Retained

| earnings

£ |

| At 1 January 2024 | 634,245 |  |

| Profit for the year | 196,368 |  |

| At 31 December 2024 | 830,613 |  |

| Included in reserves are non distributable reserves of £224,317 (2022 - £224,317) relating to the revaluation of properties.

9. | RELATED PARTY DISCLOSURES

| Included in creditors are directors loan account balances for I D & Mrs L M S Fairburn of £500,644 (2023: £620,433) these balances are unsecured and interest free.