REGISTERED NUMBER: 12800464 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

J.D. Plant Hire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J D Lockhart

REGISTERED OFFICE:

Lower Farm

Bodymoor Heath Lane

Sutton Coldfield

B76 9JG

REGISTERED NUMBER:

12800464 (England and Wales)

ACCOUNTANTS:

Gopsall Services Limited

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

FIXED ASSETS

Tangible assets

4

247,624

325,574

CURRENT ASSETS

Debtors

5

2,780

6,632

Cash at bank

821

388

3,601

7,020

CREDITORS

Amounts falling due within one year

6

352,019

374,116

NET CURRENT LIABILITIES

(348,418

)

(367,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(100,794

)

(41,522

)

CREDITORS

Amounts falling due after more than one year

7

(8,710

)

(25,250

)

PROVISIONS FOR LIABILITIES

(16,794

)

(18,660

)

NET LIABILITIES

(126,298

)

(85,432

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(126,398

)

(85,532

)

(126,298

)

(85,432

)

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 7 October 2025 and were signed by:

J D Lockhart - Director

1.	STATUTORY INFORMATION

J.D. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements have been rounded to the nearest pound (£).

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.

Going concern

The director assesses whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The director makes this assessment in respect of a period of at least one year from the date of the approval of the financial statements.The director has concluded that there are no material uncertainties about the company's ability to continue as a going concern and he is satisfied that the company has adequate resources to continue to meet its liabilities as they fall due and, therefore, that it remains appropriate to continue to adopt going concern basis of accounting in the preparation of the financial statements.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

10% on reducing balance

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

79,900

251,852

91,653

423,405

Disposals

-

(52,582

)

-

(52,582

)

At 31 December 2024

79,900

199,270

91,653

370,823

DEPRECIATION

At 1 January 2024

13,395

53,182

31,254

97,831

Charge for year

6,650

15,830

15,100

37,580

Eliminated on disposal

-

(12,212

)

-

(12,212

)

At 31 December 2024

20,045

56,800

46,354

123,199

NET BOOK VALUE

At 31 December 2024

59,855

142,470

45,299

247,624

At 31 December 2023

66,505

198,670

60,399

325,574

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

48,094

-

48,094

Reclassification/transfer

(48,094

)

48,094

-

At 31 December 2024

-

48,094

48,094

DEPRECIATION

At 1 January 2024

8,016

-

8,016

Charge for year

-

10,019

10,019

Reclassification/transfer

(8,016

)

8,016

-

At 31 December 2024

-

18,035

18,035

NET BOOK VALUE

At 31 December 2024

-

30,059

30,059

At 31 December 2023

40,078

-

40,078

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

2,105

-

Other debtors

675

6,632

2,780

6,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

17,439

16,132

Trade creditors

3,559

9,668

Taxation and social security

4,892

-

Other creditors

326,129

348,316

352,019

374,116

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

8,710

25,250

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

26,149

41,382

Hire purchase loans are secured on the asset they relate to.