McCarroll Plant Hire Limited 30/06/2025 iXBRL

Company registration number: NI630772

McCarroll Plant Hire Limited

Unaudited filleted financial statements

30 June 2025

McCarroll Plant Hire Limited

Contents

Directors and other information

Accountants report

Balance sheet

Notes to the financial statements

McCarroll Plant Hire Limited

Directors and other information


	Directors	Mr Robert McCarroll
		Mr Michael McCarroll
		Mrs Helen Standen


	Company number	NI630772


	Registered office	29 Kilmandil Road
		Dunloy
		Ballymena
		Co Antrim
		BT44 9BH


	Business address	29 Kilmandil Road
		Dunloy
		Ballymena
		Co Antrim
		BT44 9BH


	Accountants	Potter Finnegan Limited
		27-28 The Courtyard Business Park
		190 Galgorm Road
		Ballymena
		Co Antrim
		BT42 1HL




	Bankers	Danske Bank
		1-2 Broadway
		Ballymena
		Co Antrim
		BT43 7PE

McCarroll Plant Hire Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of McCarroll Plant Hire Limited

Year ended 30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of McCarroll Plant Hire Limited for the year ended 30 June 2025 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.

This report is made solely to the board of directors of McCarroll Plant Hire Limited, as a body, in accordance with the terms of our engagement letter dated 14 October 2025. Our work has been undertaken solely to prepare for your approval the financial statements of McCarroll Plant Hire Limited and state those matters that we have agreed to state to the board of directors of McCarroll Plant Hire Limited as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than McCarroll Plant Hire Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that McCarroll Plant Hire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of McCarroll Plant Hire Limited. You consider that McCarroll Plant Hire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of McCarroll Plant Hire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Potter Finnegan Limited

Chartered Accountants

27-28 The Courtyard Business Park

190 Galgorm Road

Ballymena

Co Antrim

BT42 1HL

20 October 2025

McCarroll Plant Hire Limited

Balance sheet

30 June 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	4	-		-
Tangible assets	5	1,700,377		1,587,383
		_______		_______
			1,700,377		1,587,383

Current assets
Stocks	6	13,795		11,035
Debtors	7	192,329		167,980
Cash at bank and in hand		55,167		39,697
		_______		_______
		261,291		218,712
Creditors: amounts falling due
within one year	8	( 145,202)		( 156,808)
		_______		_______
Net current assets			116,089		61,904
			_______		_______
Total assets less current liabilities			1,816,466		1,649,287

Creditors: amounts falling due
after more than one year	9		( 20,909)		-

Provisions for liabilities	10		( 387,714)		( 317,476)

			_______		_______
Net assets			1,407,843		1,331,811
			_______		_______

Capital and reserves
Called up share capital	12		300,000		300,000
Profit and loss account			1,107,843		1,031,811
			_______		_______
Shareholders funds			1,407,843		1,331,811
			_______		_______

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 20 October 2025 , and are signed on behalf of the board by:

Mr Michael McCarroll

Director

Company registration number: NI630772

McCarroll Plant Hire Limited

Notes to the financial statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is McCarroll Plant Hire Limited, 29 Kilmandil Road, Dunloy, Ballymena, Co Antrim, BT44 9BH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	20 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	10 %	reducing balance
Fittings fixtures and equipment	-	20 %	reducing balance
Motor vehicles	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the Balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 July 2024 and 30 June 2025	225,000	225,000
	_______	_______
Amortisation
At 1 July 2024 and 30 June 2025	225,000	225,000
	_______	_______
Carrying amount
At 30 June 2025	-	-
	_______	_______
At 30 June 2024	-	-
	_______	_______

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 July 2024	3,398,155	42,013	119,777	3,559,945
Additions	313,311	-	51,749	365,060
Disposals	( 146,894)	-	( 14,720)	( 161,614)
	_______	_______	_______	_______
At 30 June 2025	3,564,572	42,013	156,806	3,763,391
	_______	_______	_______	_______
Depreciation
At 1 July 2024	1,850,515	28,006	94,041	1,972,562
Charge for the year	181,085	2,811	15,360	199,256
Disposals	( 94,783)	-	( 14,021)	( 108,804)
	_______	_______	_______	_______
At 30 June 2025	1,936,817	30,817	95,380	2,063,014
	_______	_______	_______	_______
Carrying amount
At 30 June 2025	1,627,755	11,196	61,426	1,700,377
	_______	_______	_______	_______
At 30 June 2024	1,547,640	14,007	25,736	1,587,383
	_______	_______	_______	_______

Obligations under finance leases

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:


		Plant and machinery
		£
	At 30 June 2025	86,400
		_______
	At 30 June 2024	35,235
		_______

6. Stocks

	2025	2024
	£	£
Finished goods	13,795	11,035
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	176,231	155,352
Other debtors	16,098	12,628
	_______	_______
	192,329	167,980
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	3,732	-
Trade creditors	14,572	6,157
Corporation tax	23,120	2,529
Social security and other taxes	61,547	54,108
Other creditors	42,231	94,014
	_______	_______
	145,202	156,808
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	20,909	-
	_______	_______

10. Provisions

	Deferred tax (note 11)	Total
	£	£
At 1 July 2024	317,476	317,476
Additions	70,238	70,238
	_______	_______
At 30 June 2025	387,714	387,714
	_______	_______

11. Deferred tax

The deferred tax included in the Balance sheet is as follows:

	2025	2024
	£	£
Included in provisions (note 10)	387,714	317,476
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	387,714	317,476
	_______	_______

12. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	300,000	300,000	300,000	300,000
	_______	_______	_______	_______

13. Related party transactions

The company trades from premises owned by the directors. No rent was charged by the directors and no amounts were outstanding at the year end.

14. Controlling party

The company is controlled by Michael McCarroll.