Andrews Plant Hire Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04176077

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,539,640		4,750,016

			6,539,640		4,750,016
CURRENT ASSETS
Debtors	5	3,574,635		3,227,161
Cash at bank and in hand		44,250		111,187

		3,618,885		3,338,348
Creditors: Amounts Falling Due Within One Year	6	(2,495,557 )		(2,105,321 )

NET CURRENT ASSETS (LIABILITIES)			1,123,328		1,233,027

TOTAL ASSETS LESS CURRENT LIABILITIES			7,662,968		5,983,043

Creditors: Amounts Falling Due After More Than One Year	7		(3,452,083 )		(2,998,776 )

NET ASSETS			4,210,885		2,984,267

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			4,210,883		2,984,265

SHAREHOLDERS' FUNDS			4,210,885		2,984,267

Page 1

Page 2

Andrews Plant Hire Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P J Andrews

Director

08/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Andrews Plant Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04176077 . The registered office is Alum House 5 Alum Chine Road, Westbourne, Bournemouth, Dorset, BH4 8DT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15 - 25% reducing balance
Motor Vehicles	15% reducing balance
Fixtures & Fittings	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

Page 3

Page 4

Andrews Plant Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	8,260,982	149,572	8,410,554
Additions	3,825,380	265,080	4,090,460
Disposals	(326,364 )	-	(326,364 )

As at 31 March 2025	11,759,998	414,652	12,174,650

Depreciation
As at 1 April 2024	3,578,837	81,701	3,660,538
Provided during the period	2,085,544	49,942	2,135,486
Disposals	(161,014 )	-	(161,014 )

As at 31 March 2025	5,503,367	131,643	5,635,010

Net Book Value
As at 31 March 2025	6,256,631	283,009	6,539,640

As at 1 April 2024	4,682,145	67,871	4,750,016

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,566,557	3,227,161
Other debtors	8,078	-

	3,574,635	3,227,161

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,874,182	1,716,156
Trade creditors	331,200	48
Bank loans and overdrafts	-	92,051
Other creditors	246,059	261,609
Taxation and social security	44,116	35,457

	2,495,557	2,105,321

Page 4

Page 5

Andrews Plant Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,452,083	2,998,776

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	1,874,182	1,716,156
Later than one year and not later than five years	3,452,083	2,998,776

	5,326,265	4,714,932

	5,326,265	4,714,932

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

Page 5