REGISTERED NUMBER: 04870702 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

Hydraulic Plant Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K Rolfe

P F Rolfe

SECRETARY:

Mrs K Rolfe

REGISTERED OFFICE:

1-3 Manor Road

Chatham

Kent

ME4 6AE

REGISTERED NUMBER:

04870702 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

43,885

46,896

43,885

46,896

CURRENT ASSETS

Stocks

101,164

107,642

Debtors

7

165,642

146,838

Cash at bank and in hand

109,535

1,757

376,341

256,237

CREDITORS

Amounts falling due within one year

8

274,756

181,117

NET CURRENT ASSETS

101,585

75,120

TOTAL ASSETS LESS CURRENT LIABILITIES

145,470

122,016

CREDITORS

Amounts falling due after more than one year

9

13,914

20,567

NET ASSETS

131,556

101,449

CAPITAL AND RESERVES

Called up share capital

13

1,000

1,000

Retained earnings

130,556

100,449

SHAREHOLDERS' FUNDS

131,556

101,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 5th December 2025 and were signed on its behalf by:

P F Rolfe - Director

1.	STATUTORY INFORMATION

Hydraulic Plant Services Ltd 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 (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Acquired goodwill was written off in equal annual instalments over its useful economic life.

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.

Plant and machinery etc

-

5 - 15 years on cost & reducing balance

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.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

145,000

AMORTISATION

At 1st April 2024

and 31st March 2025

145,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

97,802

Additions

9,852

At 31st March 2025

107,654

DEPRECIATION

At 1st April 2024

50,906

Charge for year

12,863

At 31st March 2025

63,769

NET BOOK VALUE

At 31st March 2025

43,885

At 31st March 2024

46,896

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

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

33,441

DEPRECIATION

At 1st April 2024

10,450

Charge for year

5,748

At 31st March 2025

16,198

NET BOOK VALUE

At 31st March 2025

17,243

At 31st March 2024

22,991

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

162,493

137,722

Other debtors and prepayments

3,149

9,116

165,642

146,838

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

6,653

5,972

Trade creditors

167,888

79,790

Social security and other taxes

12,756

13,271

Other creditors and accruals

87,459

82,084

274,756

181,117

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

13,914

20,567

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

6,653

5,972

Between one and five years

13,914

20,567

20,567

26,539

Non-cancellable

operating leases

2025

2024

£

£

Between one and five years

43,650

61,110

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

20,567

26,539

Hire purchase contracts are secured on the assets concerned.

12.	DEFERRED TAX

£

Balance at 1st April 2024

(6,505

)

Accelerated capital allowances

(1,543

)

Losses carried forward

7,406

Balance at 31st March 2025

(642

)

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000