T.J. Plant Limited - Filleted accounts

T.J. Plant Limited
Registered number:		04035675
Statement of Financial Position
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		61,211			107,236

Current assets
Stocks		15,000			15,000
Debtors	4	35,835			74,209
Cash at bank and in hand		23,113			29,820
		73,948			119,029

Creditors: amounts falling due within one year	5	(61,172)			(71,578)

Net current assets			12,776			47,451

Total assets less current liabilities			73,987			154,687

Creditors: amounts falling due after more than one year	6		(17,572)			(30,839)

Provisions for liabilities			(11,630)			(20,375)


Net assets			44,785			103,473

Capital and reserves
Called up share capital			2			2
Profit and loss account			44,783			103,471

Shareholder's funds			44,785			103,473

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Glen Robertson
Director
Approved by the board on 30 September 2025

T.J. Plant Limited
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% straight line

	Inventories
	Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.



2	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					5		4


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 May 2024							284,234
	Additions							5,577
	Disposals							(565)
	At 30 April 2025							289,246

	Depreciation
	At 1 May 2024							176,998
	Charge for the year							51,586
	On disposals							(549)
	At 30 April 2025							228,035

	Net book value
	At 30 April 2025							61,211
	At 30 April 2024							107,236




4	Debtors					2025		2024
£							£

	Trade debtors					30,624		64,494
	Prepayments					565		1,920
	Other debtors					4,646		7,795
						35,835		74,209


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					9,789		9,359
	Obligations under finance lease and hire purchase contracts					6,180		12,360
	Trade creditors					15,766		17,779
	Accruals					3,140		2,995
	Other taxes and social security costs					20,994		19,007
	Other creditors					5,303		10,078
						61,172		71,578


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					611		4,679
	Obligations under finance lease and hire purchase contracts					-		6,180
	Trade creditors					16,961		19,980
						17,572		30,839


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Glen Robertson
	Repayable on demand	3,000		-		3,000		-

		3,000		-		3,000		-


8	Other information

	T.J. Plant Limited is a private company limited by shares and incorporated in England. Its registered office is:
	269 Farnborough Road
	Farnborough
	Hampshire
	GU14 7LY