REGISTERED NUMBER: 08952826 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

P R NICHOLLS PLANT HIRE LTD.

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P R Nicholls

REGISTERED OFFICE:

3 Raleigh Way

Feltham

Middlesex

TW13 7NY

REGISTERED NUMBER:

08952826 (England and Wales)

FIXED ASSETS

Tangible assets

4

213,630

151,084

CURRENT ASSETS

Debtors

43,843

68,596

Cash at bank

120,600

50,229

164,443

118,825

CREDITORS

Amounts falling due within one year

169,062

141,546

NET CURRENT LIABILITIES

(4,619

)

(22,721

)

TOTAL ASSETS LESS CURRENT LIABILITIES

209,011

128,363

CREDITORS

Amounts falling due after more than one year

(17,988

)

(16,275

)

PROVISIONS FOR LIABILITIES

(46,950

)

(33,566

)

NET ASSETS

144,073

78,522

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

144,072

78,521

SHAREHOLDERS' FUNDS

144,073

78,522

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 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

P R Nicholls - Director

1.	STATUTORY INFORMATION

P R Nicholls Plant Hire Ltd. 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

The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of plant hire services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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 period.

Plant and Machinery

- 15% on reducing balance

Computer equipment

- 25% on cost

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments

Assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. Payments are apportioned between the finance charge and the capital amount and the related obligations, net of future finance charges, are included in creditors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

305,518

Additions

92,025

At 31 March 2025

397,543

DEPRECIATION

At 1 April 2024

154,434

Charge for year

29,479

At 31 March 2025

183,913

NET BOOK VALUE

At 31 March 2025

213,630

At 31 March 2024

151,084

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2024

173,520

Additions

83,680

At 31 March 2025

257,200

DEPRECIATION

At 1 April 2024

90,290

Charge for year

18,434

At 31 March 2025

108,724

NET BOOK VALUE

At 31 March 2025

148,476

At 31 March 2024

83,230

5.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

36,955

9,980

Between one and five years

16,321

4,608

53,276

14,588