R S Plant Hire Limited


Directors	Rodney Treneman Stidston
	Timothy William Stidston
	Tina Stidston


Company Secretary	Tina Stidston


Registered Address	Easton Court Farm, Thurlestone
	Kingsbridge
	Devon
	TQ7 3LT


Registered Number	05350439 (England and Wales)

Balance Sheet as at
28 February 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		218,950		202,259
			218,950		202,259
Current assets
Stocks	5	8,500		7,639
Debtors	6	25,307		36,485
Cash at bank and on hand		20,851		31,313
		54,658		75,437
Creditors amounts falling due within one year	7	(156,134)		(164,052)
Net current assets (liabilities)			(101,476)		(88,615)
Total assets less current liabilities			117,474		113,644
Creditors amounts falling due after one year	8		(1,745)		(8,746)
Provisions for liabilities	9		(41,600)		(38,429)
Net assets			74,129		66,469
Capital and reserves
Called up share capital			200		200
Profit and loss account			73,929		66,269
Shareholders' funds			74,129		66,469

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 11 July 2025, and are signed on its behalf by:

Tina Stidston
Director
Registered Company No. 05350439

R S Plant Hire Limited

Notes to the Financial Statements
for the year ended 28 February 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	20
Plant and machinery	15	-
Vehicles	25	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		3

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 March 24	60,000	60,000
At 28 February 25	60,000	60,000
Amortisation and impairment
At 01 March 24	60,000	60,000
At 28 February 25	60,000	60,000
Net book value
At 28 February 25	-	-
At 29 February 24	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 March 24	37,644	372,525	83,554	3,880	497,603
Additions	3,827	54,642	-	-	58,469
Disposals	-	(24,465)	-	-	(24,465)
At 28 February 25	41,471	402,702	83,554	3,880	531,607
Depreciation and impairment
At 01 March 24	19,874	208,500	63,275	3,695	295,344
Charge for year	2,039	29,745	5,070	133	36,987
On disposals	-	(19,674)	-	-	(19,674)
At 28 February 25	21,913	218,571	68,345	3,828	312,657
Net book value
At 28 February 25	19,558	184,131	15,209	52	218,950
At 29 February 24	17,770	164,025	20,279	185	202,259

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	-	5,500
Work in progress	8,500	2,139
Total	8,500	7,639

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	18,294	27,197
Other debtors	272	2,680
Prepayments and accrued income	6,741	6,608
Total	25,307	36,485

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	25,989	21,035
Bank borrowings and overdrafts	7,001	7,001
Taxation and social security	4,626	7,454
Finance lease and HP contracts	-	1,326
Other creditors	104,300	119,184
Accrued liabilities and deferred income	14,218	8,052
Total	156,134	164,052

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,745	8,746
Total	1,745	8,746

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	41,600	38,429
Total	41,600	38,429

10.	Related party transactions
	At the year end the company owed Tina & Rodney Stidston, Directors £26,321 (2024 - £43,058). At the year end the company owed Timothy Stidston, Director £73,457 (2023 - £73,145).