REGISTERED NUMBER: 05779295 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

A J ILES & SONS PLANT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C R Jenkins

SECRETARY:

E L Drewett

REGISTERED OFFICE:

The Coach House

Berwick Bassett

Swindon

Wiltshire

SN4 9NF

REGISTERED NUMBER:

05779295 (England and Wales)

SENIOR STATUTORY AUDITOR:

Benjamin Herbert

AUDITORS:

the dt group

Chartered Accountants & Statutory Auditors

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Tangible assets

4

1,864,918

2,278,740

CURRENT ASSETS

Debtors

5

807,605

752,957

Cash at bank

338,403

399,007

1,146,008

1,151,964

CREDITORS

Amounts falling due within one year

6

878,829

1,019,683

NET CURRENT ASSETS

267,179

132,281

TOTAL ASSETS LESS CURRENT LIABILITIES

2,132,097

2,411,021

CREDITORS

Amounts falling due after more than one year

7

(453,708

)

(610,097

)

PROVISIONS FOR LIABILITIES

(462,000

)

(562,487

)

NET ASSETS

1,216,389

1,238,437

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,216,289

1,238,337

SHAREHOLDERS' FUNDS

1,216,389

1,238,437

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 director and authorised for issue on 16 December 2025 and were signed by:

C R Jenkins - Director

1.	STATUTORY INFORMATION

A J Iles & Sons Plant 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 (£).

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.

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

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

-

25% straight line basis

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

4,914,033

Additions

531,673

Disposals

(871,638

)

Transfer to ownership

107,596

At 31 March 2025

4,681,664

DEPRECIATION

At 1 April 2024

2,635,293

Charge for year

762,770

Eliminated on disposal

(688,913

)

Transfer to ownership

107,596

At 31 March 2025

2,816,746

NET BOOK VALUE

At 31 March 2025

1,864,918

At 31 March 2024

2,278,740

The net book value of tangible fixed assets includes £ 1,631,059 (2024 - £ 1,661,971 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

735,739

700,131

Amounts owed by group undertakings

68,670

52,770

Other debtors

3,196

56

807,605

752,957

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

580,080

684,921

Trade creditors

63,803

77,676

Amounts owed to group undertakings

2,698

400

Taxation and social security

221,623

246,061

Other creditors

10,625

10,625

878,829

1,019,683

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

453,708

610,097

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

1,033,788

1,295,018

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Benjamin Herbert (Senior Statutory Auditor)

for and on behalf of the dt group

10.	RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market

conditions, including dividend payments to it's shareholders.

During the year the company entered into transactions with the following related parties.

Name of related

Nature of

Transaction

Income

Debtor

party

relationship

details

£

£

R J Plant Limited

Company controlled

Sales

36,792

by key management

Trade debtor

8,777

personnel

11.	ULTIMATE CONTROLLING PARTY

The parent company at 31 March 2025 is A J Iles Holdings Limited, a company registered in England and Wales.

A J Iles Holdings Limited prepares group financial statements and copies can be obtained from, The Coach House,Berwick Bassett, Swindon, Wiltshire, SN4 9NF.

The ultimate controlling party at 31 March 2025 is Tonic Trustees Limited on behalf of the Tonic Construction Employee Ownership Trust.