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REGISTERED NUMBER: SC420204 (Scotland)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 APRIL 2025

FOR

K.T. MONTGOMERY PLANT HIRE LIMITED

K.T. MONTGOMERY PLANT HIRE LIMITED (REGISTERED NUMBER: SC420204)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 APRIL 2025

Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Chartered Accountants' Report | 7 |

K.T. MONTGOMERY PLANT HIRE LIMITED

COMPANY INFORMATION

FOR THE PERIOD 1 APRIL 2024 TO 30 APRIL 2025

| DIRECTOR: | K T Montgomery

| REGISTERED OFFICE: | 37 Portland Road

| KILMARNOCK

| Ayrshire

| KA1 2DJ

| REGISTERED NUMBER: | SC420204 (Scotland)

| ACCOUNTANTS: | Gilmour Hamilton LLP

| Chartered Accountants

| 37 Portland Road

| KILMARNOCK

| Ayrshire

| KA1 2DJ

K.T. MONTGOMERY PLANT HIRE LIMITED (REGISTERED NUMBER: SC420204)

ABRIDGED BALANCE SHEET

30 APRIL 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 19,838,424 |  | 17,198,757 |  |

CURRENT ASSETS

Debtors | 3,441,701 |  | 3,435,608 |  |

Cash at bank and in hand | 80,856 |  | 119,671 |  |

3,522,557 |  | 3,555,279 |  |

CREDITORS

Amounts falling due within one year | 8,323,666 |  | 7,321,762 |  |

NET CURRENT LIABILITIES | (4,801,109 | ) | (3,766,483 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 15,037,315 |  | 13,432,274 |  |

CREDITORS

Amounts falling due after more than one year | (8,072,320 | ) | (7,479,205 | ) |

PROVISIONS FOR LIABILITIES | (1,934,233 | ) | (1,521,740 | ) |

NET ASSETS | 5,030,762 |  | 4,431,329 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 5,030,662 |  | 4,431,229 |  |

SHAREHOLDERS' FUNDS | 5,030,762 |  | 4,431,329 |  |

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

K.T. MONTGOMERY PLANT HIRE LIMITED (REGISTERED NUMBER: SC420204)

ABRIDGED BALANCE SHEET - continued

30 APRIL 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 September 2025 and were signed by:

K T Montgomery - Director

K.T. MONTGOMERY PLANT HIRE LIMITED (REGISTERED NUMBER: SC420204)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 APRIL 2025

1. | STATUTORY INFORMATION

| K.T. Montgomery Plant Hire Limited is a private company, limited by shares , registered in Scotland. 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 £.

| The company conducts its business from The Meadows, Galston, Ayrshire, KA4 8LB.

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.

| These financial statements have been prepared under the going concern concept and the director is of the opinion that the company's cash flow will be sufficient to meet liabilities as they fall due. Plant and machinery purchases are accounted for as fixed assets and a corresponding liability is recognised an element of which will be classified as a current liability. This gives rise to the company's net current liabilities position at the year end .

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policy adopted for the recognition of turnover is as follows:

| Hire of equipment and ancillary services

| The company hires out both operated and self-drive items of plant, income from such services is recognised on a straight-line basis over the hire period. Where hire periods extend across the financial year end, the company includes un-billed rental revenue in turnover and debtors so that the appropriate rental is recognised in the financial statements.

| Tangible fixed assets

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

| Freehold land and property |  | - |  | 2% on cost of property |  |

| Plant and machinery etc |  | - |  | 25% on reducing balance and 15% on cost |  |

K.T. MONTGOMERY PLANT HIRE LIMITED (REGISTERED NUMBER: SC420204)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the period 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 that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

| 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 shorter

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

| Rentals paid under operating leases are charges to the profit and 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.

| Employee benefits

| When employees have rendered service to the company ,short term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

| Financial instruments

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 26 (2024 - 22 ) .

K.T. MONTGOMERY PLANT HIRE LIMITED (REGISTERED NUMBER: SC420204)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 APRIL 2025

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024 | 24,423,258 |  |

| Additions | 7,694,340 |  |

| Disposals | (2,449,113 | ) |

| At 30 April 2025 | 29,668,485 |  |

| DEPRECIATION

| At 1 April 2024 | 7,224,501 |  |

| Charge for period | 4,004,946 |  |

| Eliminated on disposal | (1,399,386 | ) |

| At 30 April 2025 | 9,830,061 |  |

| NET BOOK VALUE

| At 30 April 2025 | 19,838,424 |  |

| At 31 March 2024 | 17,198,757 |  |

5. | SECURED DEBTS

| As at the Balance Sheet date Close Invoice Finance Limited advanced £1,506,404 (2024: £1,224,073) for which security has been given over the invoices concerned and also in the form of a floating charge.

| The hire purchase creditor of £14,299,577 (2024: £12,789,383) is secured over the assets concerned.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR

ON THE UNAUDITED FINANCIAL STATEMENTS OF

K.T. MONTGOMERY PLANT HIRE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K.T. Montgomery Plant Hire Limited for the period ended 30 April 2025 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of K.T. Montgomery Plant Hire Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of K.T. Montgomery Plant Hire Limited and state those matters that we have agreed to state to the director of K.T. Montgomery Plant Hire Limited in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that K.T. Montgomery 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 K.T. Montgomery Plant Hire Limited. You consider that K.T. Montgomery Plant Hire Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of K.T. Montgomery 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.

Gilmour Hamilton LLP

Chartered Accountants

37 Portland Road

KILMARNOCK

Ayrshire

KA1 2DJ

11 September 2025