G.T.M. Heavy Rentals Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05035040

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,140,734		5,038,310

			5,140,734		5,038,310
CURRENT ASSETS
Stocks	5	5,724		15,381
Debtors	6	692,654		702,601
Cash at bank and in hand		71,394		374,341

		769,772		1,092,323
Creditors: Amounts Falling Due Within One Year	7	(1,824,847 )		(1,748,503 )

NET CURRENT ASSETS (LIABILITIES)			(1,055,075 )		(656,180 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,085,659		4,382,130

Creditors: Amounts Falling Due After More Than One Year	8		(1,777,989 )		(1,808,310 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(726,480 )		(770,298 )

NET ASSETS			1,581,190		1,803,522

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			1,581,090		1,803,422

SHAREHOLDERS' FUNDS			1,581,190		1,803,522

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G.T.M. Heavy Rentals Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Antrobus

Director

28th October 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

G.T.M. Heavy Rentals Limited Registered number 05035040 is a limited by shares company incorporated in England & Wales. The Registered Office is Hall Cottage , Higher Lane, Dutton, Warrington , WA4 4JP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No Depreciation
Plant & Machinery	7 & 10 year straight line
Motor Vehicles	8 years straight line
Fixtures & Fittings	8 years straight line
Computer Equipment	3 years straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

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G.T.M. Heavy Rentals Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	20	20
Sales, marketing and distribution	1	1

	21	21

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 29 February 2024	229,936	6,722,433	1,124,040	3,115
Additions	224,792	661,759	373,888	-
Disposals	-	(160,492 )	(32,530 )	-

As at 28 February 2025	454,728	7,223,700	1,465,398	3,115

Depreciation
As at 29 February 2024	-	2,746,060	292,615	2,929
Provided during the period	-	671,646	293,195	28

As at 28 February 2025	-	3,417,706	585,810	2,957

Net Book Value
As at 28 February 2025	454,728	3,805,994	879,588	158

As at 29 February 2024	229,936	3,976,373	831,425	186


	Computer Equipment	Total
	£	£
Cost
As at 29 February 2024	8,599	8,088,123
Additions	71	1,260,510
Disposals	-	(193,022 )

As at 28 February 2025	8,670	9,155,611

...CONTINUED

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G.T.M. Heavy Rentals Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

Depreciation
As at 29 February 2024	8,209	3,049,813
Provided during the period	195	965,064

As at 28 February 2025	8,404	4,014,877

Net Book Value
As at 28 February 2025	266	5,140,734

As at 29 February 2024	390	5,038,310

5. Stocks

	2025	2024
	£	£
Materials	5,724	15,381

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	692,204	702,151
Other debtors	450	450

	692,654	702,601

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	863,714	863,714
Trade creditors	488,777	626,495
Other taxes and social security	20,136	18,311
VAT	67,461	44,590
Other creditors	21,131	9,323
Accruals and deferred income	7,600	3,750
Director's loan account	356,028	182,320

	1,824,847	1,748,503

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,757,156	1,724,977
Bank loans	20,833	83,333

	1,777,989	1,808,310

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G.T.M. Heavy Rentals Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	863,714	863,714
Later than one year and not later than five years	1,757,156	1,724,977

	2,620,870	2,588,691

	2,620,870	2,588,691

10. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	726,480	770,298

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Directors Advances, Credits and Guarantees

Dividends paid to directors

13. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	100,000	100,000

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