Registration number: 03720042

4M Portable Buildings Hire Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

4M Portable Buildings Hire Limited

Company Information

Directors

D V Grocott L M Grocott D H McGowan

Registered office

Brookdale Station Road Prees Shropshire SY13 2DW

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

4M Portable Buildings Hire Limited

(Registration number: 03720042)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	278	315
Tangible assets	5	2,054,027	2,100,660
		2,054,305	2,100,975
Current assets
Stocks	6	33,547	46,387
Debtors	7	2,430,743	2,251,831
Cash at bank and in hand		985,305	691,924
		3,449,595	2,990,142
Creditors: Amounts falling due within one year	8	(412,352)	(383,301)
Net current assets		3,037,243	2,606,841
Total assets less current liabilities		5,091,548	4,707,816
Creditors: Amounts falling due after more than one year	8	-	(17,551)
Provisions for liabilities		(513,356)	(525,021)
Net assets		4,578,192	4,165,244
Capital and reserves
Called up share capital	9	80	80
Retained earnings		4,578,112	4,165,164
Shareholders' funds		4,578,192	4,165,244

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.

4M Portable Buildings Hire Limited

(Registration number: 03720042)
Balance Sheet as at 31 March 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 19 December 2025 and signed on its behalf by:
 

L M Grocott Director

D H McGowan Director

4M Portable Buildings 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 England & Wales.

The address of its registered office is:
Brookdale
Station Road
Prees
Shropshire
SY13 2DW

The principal place of business is:
Cruckmore Lane
Prees Green
Whitchurch
Shropshire
SY13 2BS

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

The financial statements have been prepared on a going concern basis.

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.

4M Portable Buildings Hire Limited

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

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.

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
Land and buildings - freehold	10% straight line
Plant & machinery	10% straight line or 20% reducing balance
Computer equipment	33.3% straight line
Motor vehicles	20% reducing balance

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Trademarks	10% straight line

4M Portable Buildings Hire Limited

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

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.

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 are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 12).

4M Portable Buildings Hire Limited

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

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 April 2024	370	370
At 31 March 2025	370	370
Amortisation
At 1 April 2024	55	55
Amortisation charge	37	37
At 31 March 2025	92	92
Carrying amount
At 31 March 2025	278	278
At 31 March 2024	315	315

4M Portable Buildings Hire Limited

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

5	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	4,508,291	4,508,291
Additions	255,149	255,149
Disposals	(132,061)	(132,061)
At 31 March 2025	4,631,379	4,631,379
Depreciation
At 1 April 2024	2,407,631	2,407,631
Charge for the year	244,134	244,134
Eliminated on disposal	(74,413)	(74,413)
At 31 March 2025	2,577,352	2,577,352
Carrying amount
At 31 March 2025	2,054,027	2,054,027
At 31 March 2024	2,100,660	2,100,660

The net carrying amount of tangible assets includes £106,648 (2024 - £120,867) in respect of assets held under hire purchase contracts and the depreciation charge for the year in respect of these assets totalled £14,219 (2024 - £14,220).

6

Stocks

	2025 £	2024 £
Other inventories	33,547	46,387

4M Portable Buildings Hire Limited

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

7

Debtors

Current	Note	2025 £	2024 £
Trade debtors		348,898	311,596
Amounts owed by related parties		2,029,045	1,935,989
Other debtors		52,800	4,246
		2,430,743	2,251,831

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	17,552	42,125
Trade creditors		220,574	76,393
Taxation and social security		165,012	239,154
Other creditors		9,214	25,629
		412,352	383,301

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	-	17,551

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	78	78	78	78
A Ordinary of £1 each	1	1	1	1
B Ordinary of £1 each	1	1	1	1
	80	80	80	80

4M Portable Buildings Hire Limited

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

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	-	17,551

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	17,552	42,125

The hire purchase liabilities are secured against the assets to which they relate.

11	Parent and ultimate parent undertaking

The company's immediate parent is 4M Holdings Limited, incorporated in England & Wales.