REGISTERED NUMBER: 04500584 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

SJH-ALL PLANT GROUP LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Income Statement

9

Other Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Notes to the Financial Statements

13

DIRECTORS:

S J Hudson

D Gill

REGISTERED OFFICE:

3 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

BUSINESS ADDRESS:

New Farm

Buckworth Road

Alconbury

Weston

Cambridgeshire

PE28 4JX

REGISTERED NUMBER:

04500584 (England and Wales)

SENIOR STATUTORY AUDITOR:

Stephen Mason BSc FCA

AUDITORS:

GKP (Ampthill) Limited

Statutory Auditor

3 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

The directors present their strategic report for the year ended 31 January 2025.

The directors aim to present a balanced and comprehensive review of the development and performance of the business during the year and its position at the year end. The review is consistent with the size and nature of the business and is written in the context of the risks and uncertainties it faces.

REVIEW OF BUSINESS

The activities of the company consist of the following elements:

Commercial plant trading

Commercial plant hire

The company continues to be committed to offering reliable and cost effective construction solutions.

PRINCIPAL RISKS AND UNCERTAINTIES

The board of directors and management continually monitor the key risks facing the company together with assessing the controls used for managing these risks.

The principal risks and uncertainties facing the company are as follows:

Economic conditions

Interest rates

KEY PERFORMANCE INDICATORS

The directors consider the key financial performance indicators to be those that communicate the financial performance and strength of the company as follows:

2025

2024

Turnover

£9,855,934

£15,702,313

Gross Profit

£1,210,533

£2,461,537

Gross Profit %

12.28%

15.67%

ON BEHALF OF THE BOARD:

S J Hudson - Director

30 October 2025

The directors present their report with the financial statements of the company for the year ended 31 January 2025.

PRINCIPAL ACTIVITIES

The principal activities of the company in the year under review were those of commercial plant trading and hire.

DIVIDENDS

No dividends will be distributed for the year ended 31 January 2025.

FUTURE DEVELOPMENTS

The directors anticipate future growth and a return to profitability.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 February 2024 to the date of this report.

S J Hudson

D Gill

FINANCIAL INSTRUMENTS

The company holds or issues financial instruments in order to achieve three main objectives, being:

a) to finance its operations;

b) to manage its exposure to interest and currency risks arising from its operations and from its sources of finance;

c) for trading purposes

In addition, various financial instruments (e.g. trade debtors, trade creditors, accruals and prepayments) arise directly from the company's operations.

Transactions in financial instruments result in the company assuming or transferring to another party one or more of the financial risks described below.

Interest rate risk

The company's financial instruments exposure to interest rate risk is very small due to the fact that most of the instruments are on a fixed term repayment basis.

Credit Risk

The company monitors credit risk closely and considers that its current policies of credit checks meets its objectives of managing exposure to credit risk.

The company has no significant concentrations of credit risk. Amounts shown in the balance sheet best represent the maximum credit risk exposure in the event of other parties failing to perform their obligations under financial instruments.

Liquidity risk

The company's policy in terms of its liquidity risk is to have good banking relations with its bankers and to move stock items quickly.

Currency risk

The company's exposure to currency risk is minimal in comparison to its turnover.

Hedging activities

The company does not have a general hedging policy.

DIRECTORS' QUALIFYING THIRD PARTY INDEMNITY PROVISION

The company has granted an indemnity to one or more of its directors against liability in respect of proceedings brought by third parties, subject to the conditions set out in the Companies Act 2006. Such qualifying third party indemnity provision remains in force as at the date of approving the directors report.

DIRECTORS' RESPONSIBILITIES STATEMENT

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

S J Hudson - Director

30 October 2025

Opinion

We have audited the financial statements of SJH-All Plant Group Limited (the 'company') for the year ended 31 January 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 January 2025 and of its loss for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

-

A part of the audit planning process was to look at each area of the financial statements and ascertain the level of risk for each applicable audit assertion. Where an increased risk was identified, specific audit work was designed to ensure those risks were at the forefront of the audit work carried out.

-

During the audit planning process, important laws and regulations applying to the company were identified by making enquiries of management in addition to our own checks of the laws and regulations applying to a business of this nature.

-

The audit process has documented the systems and internal controls adopted by the company and considered their adequacy. Our audit work included testing journal entries due to an inherent risk of management override of controls.

-

An audit team planning meeting was held which communicated areas of identified risks and considered possible opportunities for fraud within the company.

-

The engagement partner assessed the experience and abilities of the engagement team to ensure they were collectively competent to identify irregularities.

-

All risks identified at the planning stage and the related audit work were reviewed and results considered to confirm that no irregularities had been identified.

-

Our audit has included a review of the disclosures in the financial statements and comparison of those disclosures with the results of our audit work to identify any disparities.

-

Analytical review of the financial statements has been undertaken at both the planning and completion stages of the audit to identify risks of irregularities and the results of the audit work carried out on those areas of risks.

-

The judgements made in making accounting estimates have been assessed as to whether they indicate potential bias.

-

Enquiries have been made of management regarding known instances of fraud, litigation or claims in progress.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Stephen Mason BSc FCA (Senior Statutory Auditor)

for and on behalf of GKP (Ampthill) Limited

Statutory Auditor

3 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

30 October 2025

TURNOVER

3

9,855,934

15,702,313

Cost of sales

8,645,401

13,240,776

GROSS PROFIT

1,210,533

2,461,537

Administrative expenses

1,914,375

1,827,460

(703,842

)

634,077

Other operating income

221,489

273,765

OPERATING (LOSS)/PROFIT

5

(482,353

)

907,842

Interest receivable and similar income

-

193

(482,353

)

908,035

Interest payable and similar expenses

7

385,389

370,224

(LOSS)/PROFIT BEFORE TAXATION

(867,742

)

537,811

Tax on (loss)/profit

8

(238,142

)

146,727

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(629,600

)

391,084

(LOSS)/PROFIT FOR THE YEAR

(629,600

)

391,084

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE (LOSS)/INCOME FOR THE YEAR

(629,600

)

391,084

FIXED ASSETS

Tangible assets

10

1,712,003

1,704,006

CURRENT ASSETS

Stocks

11

4,562,185

5,929,373

Debtors

12

4,831,996

5,553,221

Cash at bank and in hand

41,483

47,979

9,435,664

11,530,573

CREDITORS

Amounts falling due within one year

13

(5,171,672

)

(5,037,995

)

NET CURRENT ASSETS

4,263,992

6,492,578

TOTAL ASSETS LESS CURRENT LIABILITIES

5,975,995

8,196,584

CREDITORS

Amounts falling due after more than one year

14

(878,645

)

(2,427,892

)

PROVISIONS FOR LIABILITIES

19

(32,858

)

(74,600

)

NET ASSETS

5,064,492

5,694,092

CAPITAL AND RESERVES

Called up share capital

20

100

100

Retained earnings

21

5,064,392

5,693,992

SHAREHOLDERS' FUNDS

5,064,492

5,694,092

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

S J Hudson - Director

D Gill - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 February 2023

100

5,995,908

5,996,008

Changes in equity

Profit for the year

-

391,084

391,084

Total comprehensive income

-

391,084

391,084

Dividends

-

(693,000

)

(693,000

)

Balance at 31 January 2024

100

5,693,992

5,694,092

Changes in equity

Deficit for the year

-

(629,600

)

(629,600

)

Total comprehensive loss

-

(629,600

)

(629,600

)

Balance at 31 January 2025

100

5,064,392

5,064,492

1.	STATUTORY INFORMATION

SJH-All Plant Group 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 (£). All amounts in the financial statements have been rounded to the nearest £1.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 3.17(d).

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 represents net invoiced sales of goods, hire of machinery and property transactions, excluding value added tax.

Revenue from the sale of commercial plant is recognised upon receipt of a deposit or full payment agreed upon.

Revenue from the hiring of commercial plant is recognised on a time basis.

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

-

2% on cost

Plant and machinery

-

25% on cost

Fixtures and equipment

-

25% on reducing balance and 15% on cost

Motor vehicles

-

25% on cost

Land is not depreciated.

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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Borrowing costs

All borrowing costs in connection with the construction of qualifying assets are recognised as an expense in the profit and loss in the period in which they are incurred.

Critical accounting adjustments and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The directors do not consider there to be any critical accounting judgements.

Depreciation

The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated and useful economic lives and residual values of the assets. The useful economic lives and residual vales are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. The remaining useful economic life of the asset is considered a key source of estimation uncertainty.

Stock valuation

Stock provisions are recognised for slow-moving, obsolete or unsaleable stock and are reviewed on a quarterly basis. The estimate is largely based on the length of time that an item has been in stock. The passing of time indicates that a sale is less likely and therefore determines the provision required.

Bad debt provision

A bad debt provision is recognised following a management review where balances are not deemed recoverable.

3.

TURNOVER

The turnover and loss (2024 - profit) before taxation are attributable to the principal activities of the company.

An analysis of turnover by class of business is given below:

2025

2024

£

£

Plant sales

9,630,213

14,608,554

Plant hire income

225,721

1,093,759

9,855,934

15,702,313

The percentage of turnover relating to export sales is 19.64% (2024: 31.99%).

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

934,217

988,363

Social security costs

104,576

114,982

Other pension costs

15,066

16,645

1,053,859

1,119,990

The average number of employees during the year was as follows:

2025

2024

Directors

2

2

Production

7

8

Sales

3

4

Administration

4

4

Driver

1

-

17

18

2025

2024

£

£

Directors' remuneration

421,091

422,806

Directors' pension contributions to money purchase schemes

2,642

2,642

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

2

2

Information regarding the highest paid director is as follows:

2025

2024

£

£

Emoluments etc

221,091

221,734

Pension contributions to money purchase schemes

1,321

1,321

Key Management Personnel

2025

2024

£

£

Salaries

476,181

470,337

5.	OPERATING (LOSS)/PROFIT

The operating loss (2024 - operating profit) is stated after charging/(crediting):

2025

2024

£

£

Hire of plant and machinery

170,296

234,231

Depreciation - owned assets

34,232

27,434

Depreciation - assets on hire purchase contracts

190,185

192,102

Profit on disposal of fixed assets

(85,014

)

(33,584

)

Auditors' remuneration

13,500

13,000

Foreign exchange differences

(931

)

(2,909

)

Non audit fees to auditor

10,852

11,275

Operating leases

8,418

4,911

6.	EXCEPTIONAL ITEMS

2025

2024

£

£

Loss of funds

(227,581

)

-

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank interest

117,586

136,051

Bank loan interest

175,793

114,729

Hire purchase interest

85,453

109,629

Interest and penalties on overdue tax

6,557

9,815

385,389

370,224

8.

TAXATION

Analysis of the tax (credit)/charge

The tax (credit)/charge on the loss for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

-

196,400

Adjustment re prior years

(196,400

)

-

Total current tax

(196,400

)

196,400

Deferred tax

(41,742

)

(49,673

)

Tax on (loss)/profit

(238,142

)

146,727

Reconciliation of total tax (credit)/charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

(Loss)/profit before tax

(867,742

)

537,811

(Loss)/profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

(216,936

)

134,453

Effects of:

Depreciation in excess of capital allowances

20,536

69,874

Deferred tax

(41,742

)

(49,673

)

Charged at different rate

-

(7,927

)

Total tax (credit)/charge

(238,142

)

146,727

9.

DIVIDENDS

2025

2024

£

£

Interim

-

693,000

10.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 February 2024

1,578,934

1,064,957

65,265

49,330

2,758,486

Additions

195,620

-

38,280

-

233,900

Disposals

-

(184,140

)

(20,335

)

-

(204,475

)

At 31 January 2025

1,774,554

880,817

83,210

49,330

2,787,911

DEPRECIATION

At 1 February 2024

199,073

772,874

56,889

25,644

1,054,480

Charge for year

18,132

190,741

9,623

5,921

224,417

Eliminated on disposal

-

(184,140

)

(18,849

)

-

(202,989

)

At 31 January 2025

217,205

779,475

47,663

31,565

1,075,908

NET BOOK VALUE

At 31 January 2025

1,557,349

101,342

35,547

17,765

1,712,003

At 31 January 2024

1,379,861

292,083

8,376

23,686

1,704,006

Land of £700,000 (2024: £700,000) is not depreciated.