REGISTERED NUMBER: 01231207 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Breheny Group Plant Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J N E Breheny

S Aziz

SECRETARY:

S Aziz

REGISTERED OFFICE:

Flordon Road

Creeting St Mary

Ipswich

Suffolk

IP6 8NH

REGISTERED NUMBER:

01231207 (England and Wales)

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

1,076,654

1,657,450

CURRENT ASSETS

Stocks

9,034

5,141

Debtors

5

144,249

170,305

Cash at bank

408,674

94,862

561,957

270,308

CREDITORS

Amounts falling due within one year

6

580,770

1,346,300

NET CURRENT LIABILITIES

(18,813

)

(1,075,992

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,057,841

581,458

CREDITORS

Amounts falling due after more than one year

7

18,072

52,902

NET ASSETS

1,039,769

528,556

CAPITAL AND RESERVES

Called up share capital

9

24

24

Revaluation reserve

10

90

90

Capital redemption reserve

10

76

76

Retained earnings

10

1,039,579

528,366

SHAREHOLDERS' FUNDS

1,039,769

528,556

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 Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

J N E Breheny - Director

1.	STATUTORY INFORMATION

Breheny Group Plant 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.

The accounts are prepared on a going concern basis which assumes that the director will continue to support the company. If this support were not to continue then this basis may not be appropriate. As at 31 March 2025 the companies net current liabilities were £18,813 (2024: £1,075,992).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover comprises the value of contracting work executed during the year. The value of contracting work is based on measured valuations, incorporating profit earned to the valuation date and adjusted for any anticipated losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 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.

Leased plant and machinery

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024

3,459,721

Disposals

(854,659

)

At 31 March 2025

2,605,062

DEPRECIATION

At 1 April 2024

1,802,271

Charge for year

332,783

Eliminated on disposal

(606,646

)

At 31 March 2025

1,528,408

NET BOOK VALUE

At 31 March 2025

1,076,654

At 31 March 2024

1,657,450

All fixed assets held by the company are used in the hiring of plant and equipment to its customers.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

2,293,568

Transfer to ownership

(2,146,018

)

At 31 March 2025

147,550

DEPRECIATION

At 1 April 2024

1,429,789

Charge for year

188,994

Transfer to ownership

(1,555,733

)

At 31 March 2025

63,050

NET BOOK VALUE

At 31 March 2025

84,500

At 31 March 2024

863,779

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

68,539

67,136

Other debtors

75,710

103,169

144,249

170,305

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

34,830

297,855

Trade creditors

8,258

215,785

Taxation and social security

47,792

5,944

Other creditors

489,890

826,716

580,770

1,346,300

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

18,072

52,902

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

52,902

350,757

The debts are secured over the assets concerned.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

47

Ordinary shares

50p

24

24

10.

RESERVES

Capital

Retained

Revaluation

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1 April 2024

528,366

90

76

528,532

Profit for the year

511,213

511,213

At 31 March 2025

1,039,579

90

76

1,039,745

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shaw BSc FCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

12.	OTHER FINANCIAL COMMITMENTS

The company is party to an intercompany guarantee agreement, with an unlimited guarantee given by Breheny Group Limited, all subsidiaries within the Breheny Group, and by Breheny Group Plant Limited, Redbourne Homes (Epworth) Limited and Redbourne Homes (Warboys) Limited. This is supported by debentures by Breheny Group Limited, by all subsidiaries within the Breheny Group, and by Breheny Group Plant Limited, Redbourne Homes (Epworth) Limited and Redbourne Homes (Warboys) Limited.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J N E Breheny, a director, by virtue of his share holdings in the company.