REGISTERED NUMBER: 09654140 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

GMM GRAB AND PLANT HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G M Manterfield

SECRETARY:

Mrs S A Manterfield

REGISTERED OFFICE:

18 Cloisters Way

Barnsley

South Yorkshire

S71 2JN

REGISTERED NUMBER:

09654140 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Tangible assets

4

851,385

926,656

CURRENT ASSETS

Debtors

5

289,098

196,576

Cash at bank and in hand

2

21,954

289,100

218,530

CREDITORS

Amounts falling due within one year

6

458,403

400,990

NET CURRENT LIABILITIES

(169,303

)

(182,460

)

TOTAL ASSETS LESS CURRENT LIABILITIES

682,082

744,196

CREDITORS

Amounts falling due after more than one year

7

(279,103

)

(409,378

)

PROVISIONS FOR LIABILITIES

9

(48,790

)

(35,826

)

NET ASSETS

354,189

298,992

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

354,187

298,990

SHAREHOLDERS' FUNDS

354,189

298,992

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 director acknowledges his 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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd December 2025 and were signed by:

G M Manterfield - Director

1.	STATUTORY INFORMATION

GMM Grab and Plant Hire 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.

Tangible fixed assets

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

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

580,312

603,990

3,197

1,187,499

Additions

29,000

79,000

-

108,000

Disposals

(60,000

)

(4,500

)

-

(64,500

)

At 31st March 2025

549,312

678,490

3,197

1,230,999

DEPRECIATION

At 1st April 2024

77,582

180,111

3,150

260,843

Charge for year

46,266

95,157

33

141,456

Eliminated on disposal

(19,905

)

(2,780

)

-

(22,685

)

At 31st March 2025

103,943

272,488

3,183

379,614

NET BOOK VALUE

At 31st March 2025

445,369

406,002

14

851,385

At 31st March 2024

502,730

423,879

47

926,656

Included in the total net book value of tangible fixed assets held at 31st March 2025 was £725,369

(2024: £783,510) in respect of assets held under finance leases and hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

286,956

180,382

VAT

-

13,198

Prepayments

2,142

2,996

289,098

196,576

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

16,016

10,000

Hire purchase contracts

197,277

207,141

Trade creditors

125,620

127,497

Tax

5

-

VAT

55,828

-

Other creditors

49,500

10,000

Directors' current accounts

9,568

42,068

Accrued expenses

4,589

4,284

458,403

400,990

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

5,848

15,848

Hire purchase contracts

273,255

393,530

279,103

409,378

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

6,016

-

Bank loans

10,000

10,000

16,016

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,848

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

5,848

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

48,790

35,826

Deferred

tax

£

Balance at 1st April 2024

35,826

Provided during year

12,964

Balance at 31st March 2025

48,790

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

11.	ULTIMATE CONTROLLING PARTY

The director and his wife control the company, by virtue of holding 100% of the share capital.