Registration number: 01274989

J. Taberner Plant Hire Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

J. Taberner Plant Hire Limited

Company Information

Directors

Mr M Taberner Mr M Taberner

Registered office

Barley Fields Farm Anslow Burton on Trent Staffordshire DE13 9PA

Accountants

Buckler Spencer Limited Old Police Station Church Street Swadlincote Derbyshire DE11 8LN

J. Taberner Plant Hire Limited

(Registration number: 01274989)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	946,870	593,007
Current assets
Stocks	5	10,000	10,000
Debtors	6	316,142	484,054
Cash at bank and in hand		3,040,854	3,152,877
		3,366,996	3,646,931
Creditors: Amounts falling due within one year	7	(131,288)	(346,536)
Net current assets		3,235,708	3,300,395
Total assets less current liabilities		4,182,578	3,893,402
Provisions for liabilities		(133,000)	(46,000)
Net assets		4,049,578	3,847,402
Capital and reserves
Called up share capital	8	100	100
Retained earnings		4,049,478	3,847,302
Shareholders' funds		4,049,578	3,847,402

For the financial year ending 31 March 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 December 2025 and signed on its behalf by:
 

......................................... Mr M Taberner Director

J. Taberner Plant Hire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in Other.

The address of its registered office is:
Barley Fields Farm
Anslow
Burton on Trent
Staffordshire
DE13 9PA

The principal place of business is:
Barley Fields Farm
Anslow
Burton on Trent
Staffordshire
DE13 9PA

These financial statements were authorised for issue by the Board on 2 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

J. Taberner Plant Hire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	Straight line 20%
Motor Vehicles	Straight line 25%
Office Equipment	Straight line 33%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

J. Taberner Plant Hire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2024 - 12).

J. Taberner Plant Hire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £
Cost or valuation
At 1 April 2024	429,708	13,518	623,968	1,622,362
Additions	-	-	239,694	354,600
Disposals	-	(3,508)	(408,000)	(306,336)
At 31 March 2025	429,708	10,010	455,662	1,670,626
Depreciation
At 1 April 2024	59,445	13,518	605,226	1,418,360
Charge for the year	3,388	-	66,171	158,372
Eliminated on disposal	-	(3,508)	(408,000)	(293,836)
At 31 March 2025	62,833	10,010	263,397	1,282,896
Carrying amount
At 31 March 2025	366,875	-	192,265	387,730
At 31 March 2024	370,263	-	18,742	204,002

	Total £
Cost or valuation
At 1 April 2024	2,689,556
Additions	594,294
Disposals	(717,844)
At 31 March 2025	2,566,006
Depreciation
At 1 April 2024	2,096,549
Charge for the year	227,931
Eliminated on disposal	(705,344)
At 31 March 2025	1,619,136
Carrying amount
At 31 March 2025	946,870
At 31 March 2024	593,007

Included within the net book value of land and buildings above is £366,876 (2024 - £370,264) in respect of freehold land and buildings and £Nil (2024 - £Nil) in respect of long leasehold land and buildings.
 

J. Taberner Plant Hire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Stocks

	2025 £	2024 £
Other inventories	10,000	10,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	252,365	436,975
Prepayments	46,623	47,079
Other debtors	17,154	-
	316,142	484,054

J. Taberner Plant Hire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	-	24,417
Trade creditors		85,472	104,057
Taxation and social security		39,302	211,749
Accruals and deferred income		6,500	6,300
Other creditors		14	13
		131,288	346,536

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	30	30	30	30
Ordinary Class A of £1 each	2	2	2	2
Ordinary Class B of £1 each	58	58	58	58
Ordinary Class C of £1 each	10	10	10	10
	100	100	100	100

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	-	24,417

10

Dividends

Any dividends declared in the period are disclosed in the Statement of Income and Retained Earnings.