REGISTERED NUMBER: 08174509 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

S P LOCATION RENTAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S M Ould

S Harvey

REGISTERED OFFICE:

Westbury Farm

St Mary's Lane

Upminster

Essex

RM14 3NU

REGISTERED NUMBER:

08174509 (England and Wales)

ACCOUNTANTS:

Kemp Carr Brown & Co.

Appletree Office

Frith Road

Aldington

Ashford

Kent

TN25 7HJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,826,486

5,635,442

5,826,486

5,635,442

CURRENT ASSETS

Debtors

6

959,625

331,375

Cash at bank and in hand

129,930

151,863

1,089,555

483,238

CREDITORS

Amounts falling due within one year

7

1,508,825

1,414,658

NET CURRENT LIABILITIES

(419,270

)

(931,420

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,407,216

4,704,022

CREDITORS

Amounts falling due after more than one year

8

(1,700,698

)

(1,680,236

)

PROVISIONS FOR LIABILITIES

(689,267

)

(475,115

)

NET ASSETS

3,017,251

2,548,671

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,017,151

2,548,571

3,017,251

2,548,671

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 23 December 2025 and were signed on its behalf by:

Mrs S M Ould - Director

S Harvey - Director

1.	STATUTORY INFORMATION

S P Location Rental 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.

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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

in accordance with the property

Improvements to property

-

15% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 28 (2024 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

150,000

AMORTISATION

At 1 April 2024

and 31 March 2025

150,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

2,469,375

778,310

4,965,031

Additions

-

47,510

731,384

Disposals

-

-

(49,847

)

At 31 March 2025

2,469,375

825,820

5,646,568

DEPRECIATION

At 1 April 2024

100,000

279,496

2,795,236

Charge for year

20,000

81,948

570,267

Eliminated on disposal

-

-

-

At 31 March 2025

120,000

361,444

3,365,503

NET BOOK VALUE

At 31 March 2025

2,349,375

464,376

2,281,065

At 31 March 2024

2,369,375

498,814

2,169,795

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

312,146

760,258

17,765

9,302,885

Additions

64,768

259,956

4,993

1,108,611

Disposals

-

(30,000

)

-

(79,847

)

At 31 March 2025

376,914

990,214

22,758

10,331,649

DEPRECIATION

At 1 April 2024

146,141

340,099

6,471

3,667,443

Charge for year

46,155

133,505

3,257

855,132

Eliminated on disposal

-

(17,412

)

-

(17,412

)

At 31 March 2025

192,296

456,192

9,728

4,505,163

NET BOOK VALUE

At 31 March 2025

184,618

534,022

13,030

5,826,486

At 31 March 2024

166,005

420,159

11,294

5,635,442

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

886,032

252,730

Other debtors

62,356

55,715

Prepayments

11,237

22,930

959,625

331,375

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

72,176

69,592

Other loans

92,199

151,208

Hire purchase contracts

90,560

29,809

Trade creditors

183,534

85,490

Tax

266,998

259,475

Social security and other taxes

24,068

18,441

VAT

169,642

49,815

Other creditors

594,796

734,004

Directors' loan accounts

182

51

Accruals and deferred income

-

2,913

Accrued expenses

14,670

13,860

1,508,825

1,414,658

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans more 5 yr by instal

1,400,649

1,472,826

Other loans - 2-5 years

139,081

116,667

Hire purchase contracts

160,968

90,743

1,700,698

1,680,236

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,400,649

1,472,826