REGISTERED NUMBER: 05504173 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

KD PLANT HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I K Tucker

Mrs D A Tucker

SECRETARY:

Mrs D A Tucker

REGISTERED OFFICE:

30 Lyte Lane

West Charleton

Kingsbridge

Devon

TQ7 2BW

REGISTERED NUMBER:

05504173 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

HSBC

32 Fore Street

Kingsbridge

Devon

TQ7 1PB

FIXED ASSETS

Intangible assets

4

3,592

6,792

Tangible assets

5

399,700

445,403

403,292

452,195

CURRENT ASSETS

Debtors

6

110,955

122,892

Cash at bank

92,978

84,171

203,933

207,063

CREDITORS

Amounts falling due within one year

7

245,608

210,779

NET CURRENT LIABILITIES

(41,675

)

(3,716

)

TOTAL ASSETS LESS CURRENT LIABILITIES

361,617

448,479

CREDITORS

Amounts falling due after more than one year

8

(16,536

)

(30,200

)

PROVISIONS FOR LIABILITIES

(75,943

)

(84,627

)

NET ASSETS

269,138

333,652

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

269,136

333,650

SHAREHOLDERS' FUNDS

269,138

333,652

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings 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:

Mr I K Tucker - Director

Mrs D A Tucker - Director

1.	STATUTORY INFORMATION

KD 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

64,000

AMORTISATION

At 1 August 2024

57,208

Amortisation for year

3,200

At 31 July 2025

60,408

NET BOOK VALUE

At 31 July 2025

3,592

At 31 July 2024

6,792

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

635,361

141,046

3,338

779,745

Additions

65,530

14,490

-

80,020

Disposals

(27,023

)

(4,600

)

-

(31,623

)

At 31 July 2025

673,868

150,936

3,338

828,142

DEPRECIATION

At 1 August 2024

279,058

51,946

3,338

334,342

Charge for year

80,707

25,625

-

106,332

Eliminated on disposal

(8,724

)

(3,508

)

-

(12,232

)

At 31 July 2025

351,041

74,063

3,338

428,442

NET BOOK VALUE

At 31 July 2025

322,827

76,873

-

399,700

At 31 July 2024

356,303

89,100

-

445,403

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

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

67,733

DEPRECIATION

At 1 August 2024

16,933

Charge for year

12,700

At 31 July 2025

29,633

NET BOOK VALUE

At 31 July 2025

38,100

At 31 July 2024

50,800

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

63,467

65,629

Amounts recoverable on contract

29,720

40,000

Other debtors

5,519

5,152

Prepayments

12,249

12,111

110,955

122,892

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,648

Hire purchase contracts

4,153

4,046

Trade creditors

3,103

15,328

Tax

3,638

4,323

Social security and other taxes

290

-

VAT

8,441

8,209

Other creditors

-

612

Directors' current accounts

213,731

165,378

Accrued expenses

2,252

2,235

245,608

210,779

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

3,950

13,462

Hire purchase contracts

12,586

16,738

16,536

30,200

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

Mr I K Tucker

Balance outstanding at start of year

(82,689

)

(79,024

)

Amounts advanced

5,282

28,750

Amounts repaid

(29,459

)

(32,415

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(106,866

)

(82,689

)

Mrs D A Tucker

Balance outstanding at start of year

(82,689

)

(79,024

)

Amounts advanced

5,282

28,750

Amounts repaid

(29,459

)

(32,415

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(106,866

)

(82,689

)

Loans are unsecured and repayable on demand. Interest is charged at 10% in the year on credit loan balances.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £40,000 were paid to the directors .

11.	GOVERNMENT GUARANTEED LOAN

The bank loan of £13,950 is a COVID-19 Bounce Back Loan, guaranteed by the government. Term runs to November 2026.