Zone (Plant Hire) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07591218

Zone (Plant Hire) Limited

Filleted Unaudited Financial Statements

31 March 2025

Zone (Plant Hire) Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Zone (Plant Hire) Limited

Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Zone (Plant Hire) Limited

Year ended 31 March 2025

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 March 2025, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

VAGHELA & CO. (SERVICES) LTD. Chartered Certified Accountants

P.O. Box 10901 Birmingham B1 1ZQ

2 January 2026

Zone (Plant Hire) Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		6,102,786	5,242,501

Current assets

Debtors	7	1,280,825	355,005
Cash at bank and in hand		16,915	12,242
		------------	---------
		1,297,740	367,247

Creditors: amounts falling due within one year	8	1,953,821		1,632,371
		------------		------------
Net current liabilities			656,081	1,265,124
			------------	------------
Total assets less current liabilities			5,446,705	3,977,377

Creditors: amounts falling due after more than one year	9	2,647,873	2,837,278
		------------	------------
Net assets		2,798,832	1,140,099
		------------	------------

Capital and reserves

Called up share capital	10	100	100
Profit and loss account		2,798,732	1,139,999
		------------	------------
Shareholders funds		2,798,832	1,140,099
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Zone (Plant Hire) Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 2 January 2026 , and are signed on behalf of the board by:

Mr J.J. Munnelly
Director

Company registration number: 07591218

Zone (Plant Hire) Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o Vaghela & Co (Services) Ltd, 145 Granville Street, Birmingham, B1 1SB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	15% straight line
Motor Vehicles	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	–	37,000
	----	--------

6. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024	6,052,211	615,577	6,667,788
Additions	1,985,488	137,446	2,122,934
Disposals	( 144,810)	( 9,528)	( 154,338)
	------------	---------	------------
At 31 March 2025	7,892,889	743,495	8,636,384
	------------	---------	------------
Depreciation
At 1 April 2024	1,034,070	391,217	1,425,287
Charge for the year	1,114,917	122,208	1,237,125
Disposals	( 119,287)	( 9,527)	( 128,814)
	------------	---------	------------
At 31 March 2025	2,029,700	503,898	2,533,598
	------------	---------	------------
Carrying amount
At 31 March 2025	5,863,189	239,597	6,102,786
	------------	---------	------------
At 31 March 2024	5,018,141	224,360	5,242,501
	------------	---------	------------

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	904,900	181,921
Other debtors	375,925	173,084
	------------	---------
	1,280,825	355,005
	------------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	222	( 1,913)
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	9,460
Social security and other taxes	207,062	–
Other creditors	1,746,537	1,624,824
	------------	------------
	1,953,821	1,632,371
	------------	------------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	2,647,873	2,837,278
	------------	------------

10. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

11. Director's advances, credits and guarantees

The balance owed by the company to the director Mr JJ Munnelly is £162 (2024 - £162) and Mr CP Allen is £163 (2024 - £163). This amount is interest free but repayable on demand.

12. Related party transactions

Zone Plant Hire Limited charged Zone Contractors Limited, an associated company a sum of £3,547,466 (2024 - £2,033,621) excluding VAT for plant hire for the period under review. Included within debtors is an amount of £904,900 (£181,921 - 2024) due from Zone Contractors Limited.