REGISTERED NUMBER: 09775432 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

DRL Plant Hire Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

D Lee

REGISTERED OFFICE:

6 Parlick View Court

Longridge

Preston

Lancashire

PR3 2DU

REGISTERED NUMBER:

09775432 (England and Wales)

ACCOUNTANTS:

Ribble Valley Accountants Ltd

14 Towneley Parade

Longridge

Preston

Lancashire

PR3 3HU

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DRL Plant Hire Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.

This report is made solely to the director of DRL Plant Hire Limited in accordance with the terms of our engagement letter dated 1 April 2021. Our work has been undertaken solely to prepare for your approval the financial statements of DRL Plant Hire Limited and state those matters that we have agreed to state to the director of DRL Plant Hire Limited in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that DRL Plant Hire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DRL Plant Hire Limited. You consider that DRL Plant Hire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DRL Plant Hire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ribble Valley Accountants Ltd

14 Towneley Parade

Longridge

Preston

Lancashire

PR3 3HU

30 September 2025

FIXED ASSETS

Tangible assets

4

672,659

791,033

Investments

5

80,400

80,400

Investment property

6

201,647

-

954,706

871,433

CURRENT ASSETS

Debtors

7

319,815

632,915

Cash at bank

478,195

188,909

798,010

821,824

CREDITORS

Amounts falling due within one year

8

154,374

155,976

NET CURRENT ASSETS

643,636

665,848

TOTAL ASSETS LESS CURRENT LIABILITIES

1,598,342

1,537,281

CREDITORS

Amounts falling due after more than one year

9

(210,418

)

(360,048

)

PROVISIONS FOR LIABILITIES

(16,445

)

(16,445

)

NET ASSETS

1,371,479

1,160,788

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,371,379

1,160,688

1,371,479

1,160,788

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

D Lee - Director

1.	STATUTORY INFORMATION

DRL 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.

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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% 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.

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.

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 1 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

1,301,431

230,380

1,531,811

Additions

48,500

9,000

57,500

At 31 December 2024

1,349,931

239,380

1,589,311

DEPRECIATION

At 1 January 2024

624,732

116,046

740,778

Charge for year

145,040

30,834

175,874

At 31 December 2024

769,772

146,880

916,652

NET BOOK VALUE

At 31 December 2024

580,159

92,500

672,659

At 31 December 2023

676,699

114,334

791,033

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

80,400

NET BOOK VALUE

At 31 December 2024

80,400

At 31 December 2023

80,400

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

201,647

At 31 December 2024

201,647

NET BOOK VALUE

At 31 December 2024

201,647

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

76,250

71,230

Amounts owed by associates

169,500

450,000

Other debtors

74,065

78,063

Directors' current accounts

-

33,622

319,815

632,915

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,502

10,502

Hire purchase contracts

127,400

127,400

Trade creditors

6,314

48

VAT

7,594

15,278

Other creditors

822

1,006

Accruals and deferred income

1,742

1,742

154,374

155,976

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

2,473

13,142

Hire purchase contracts

207,945

346,906

210,418

360,048