REGISTERED NUMBER: 01564586 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

J.P. PLANT HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

James Peter Beal

REGISTERED OFFICE:

Crossroads Hire Centre

Selby Road

South Milford

Leeds

LS25 5JE

REGISTERED NUMBER:

01564586 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor, Unit 12

Pennine Business Park

Longbow Close, Bradley

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Intangible assets

4

4,608

5,760

Tangible assets

5

2,517,528

2,684,041

2,522,136

2,689,801

CURRENT ASSETS

Stocks

10,256

12,672

Debtors

6

727,043

714,583

Cash at bank

367,498

355,057

1,104,797

1,082,312

CREDITORS

Amounts falling due within one year

7

601,186

633,430

NET CURRENT ASSETS

503,611

448,882

TOTAL ASSETS LESS CURRENT LIABILITIES

3,025,747

3,138,683

CREDITORS

Amounts falling due after more than one year

8

(853,265

)

(1,006,288

)

PROVISIONS FOR LIABILITIES

(260,814

)

(234,626

)

NET ASSETS

1,911,668

1,897,769

CAPITAL AND RESERVES

Called up share capital

504

503

Capital redemption reserve

500

500

Profit and loss account

1,910,664

1,896,766

1,911,668

1,897,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2025 and were signed by:

James Peter Beal - Director

1.	STATUTORY INFORMATION

J.P. 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of seven years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Hire purchase and leasing commitments

Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future charges, are included in creditors.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Finance costs of debt

The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 July 2024

and 30 June 2025

8,064

AMORTISATION

At 1 July 2024

2,304

Amortisation for year

1,152

At 30 June 2025

3,456

NET BOOK VALUE

At 30 June 2025

4,608

At 30 June 2024

5,760

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 July 2024

1,078,161

8,380,517

135,711

701,370

10,295,759

Additions

38,840

283,300

-

20,995

343,135

Disposals

-

(75,489

)

-

-

(75,489

)

At 30 June 2025

1,117,001

8,588,328

135,711

722,365

10,563,405

DEPRECIATION

At 1 July 2024

111,346

6,851,726

128,763

519,883

7,611,718

Charge for year

3,500

452,767

1,737

50,620

508,624

Eliminated on disposal

-

(74,465

)

-

-

(74,465

)

At 30 June 2025

114,846

7,230,028

130,500

570,503

8,045,877

NET BOOK VALUE

At 30 June 2025

1,002,155

1,358,300

5,211

151,862

2,517,528

At 30 June 2024

966,815

1,528,791

6,948

181,487

2,684,041

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

671,470

661,131

Other debtors

55,573

53,452

727,043

714,583

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans

22,788

20,956

Hire purchase contracts (see note 9)

379,399

408,466

Trade creditors

140,556

138,088

Taxation and social security

43,311

54,259

Other creditors

15,132

11,661

601,186

633,430

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

547,955

570,743

Hire purchase contracts (see note 9)

305,310

435,545

853,265

1,006,288

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

435,588

460,377

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Gross obligations repayable:

Within one year

414,241

450,819

Between one and five years

338,977

455,050

753,218

905,869

Finance charges repayable:

Within one year

34,842

42,353

Between one and five years

33,667

19,505

68,509

61,858

Net obligations repayable:

Within one year

379,399

408,466

Between one and five years

305,310

435,545

684,709

844,011

Non-cancellable

operating leases

2025

2024

£

£

Within one year

36,000

36,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

570,743

591,699

Hire purchase contracts

684,709

844,011

1,255,452

1,435,710

Interest on the bank loan is charged at a commercial rate of interest. The bank loan is secured by a charge on the company's assets.

The obligations under finance leases and hire purchase contacts are secured by a charge on the assets purchased under these agreements.

11.	PENSION COSTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £18,409 (2024 - £17,360). Contributions totalling £2,594 (2024 - £1,890) were payable to the fund at the year end and are included in creditors.