3957627 false civil engineering 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:CompanySecretary1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-03-31 http://www.companieshouse.gov.uk/cd:Director1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-03-31 http://www.companieshouse.gov.uk/cd:Director2 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass2 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2025-03-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-03-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-03-31 http://www.companieshouse.gov.uk/2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 3957627
Pell Plant Hire Ltd
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Prepared By:
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

Pell Plant Hire Ltd

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
Simon Pell
Steve Pell resigned 8th June 2025
SECRETARY
Simon Pell
REGISTERED OFFICE
Listoft Farm Buildings
Hogsthorpe
Skegness
Lincolnshire
PE24 5PE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 3957627
BANKERS
Barclays Bank Plc
ACCOUNTANTS
Greenhalgh Johnson Ltd
Accountants & Tax Advisors
Elland House
22 High Street
Burgh le Marsh
Skegness
PE24 5JT

Pell Plant Hire Ltd

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Pell Plant Hire Ltd

BALANCE SHEET AT 31 March 2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 1,725,960 |  |  |  | 2,191,486
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 12,500 |  |  |  | 12,000 |  |
Debtors |  | 5 |  | 3,115,790 |  |  |  | 2,284,103 |  |
Cash at bank and in hand |  |  |  | 785,323 |  |  |  | 417,848 |  |
|  |  |  | 3,913,613 |  |  |  | 2,713,951 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 1,844,519 |  |  |  | 1,364,911 |  |
NET CURRENT ASSETS |  |  |  |  |  | 2,069,094 |  |  |  | 1,349,040
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 3,795,054 |  |  |  | 3,540,526
CREDITORS: Amounts falling due after more than one year |  | 7 |  |  |  | 50,621 |  |  |  | 1,164,222
PROVISIONS FOR LIABILITIES AND CHARGES |  | 9 |  |  |  | 374,058 |  |  |  | 350,709
NET ASSETS |  |  |  |  |  | 3,370,375 |  |  |  | 2,025,595
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 10 |  |  |  | 110 |  |  |  | 110
Profit and loss account |  |  |  |  |  | 3,370,265 |  |  |  | 2,025,485
SHAREHOLDERS' FUNDS |  |  |  |  |  | 3,370,375 |  |  |  | 2,025,595
For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 9 January 2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Simon Pell |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |

Pell Plant Hire Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings |  | straight line 03%
Plant and Machinery |  | reducing balance 25%
Commercial Vehicles |  | reducing balance 25%
Fixtures and Fittings |  | reducing balance 25%

1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Pell Plant Hire Ltd

1f. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

2. INTANGIBLE FIXED ASSETS |  |  |  |
|  | Purchased |  |
|  | Goodwill |  | Total
|  | £ |  | £
Cost |  |  |  |
At 1 April 2024 |  | 10,000 |  | 10,000
At 31 March 2025 |  | 10,000 |  | 10,000
Depreciation |  |  |  |
At 1 April 2024 |  | 10,000 |  | 10,000
At 31 March 2025 |  | 10,000 |  | 10,000
Net Book Amounts |  |  |  |
At 31 March 2025 |  | - |  | -

3. TANGIBLE FIXED ASSETS |  |  |  |  |  |
|  | Land And |  | Plant and |  |
|  | Buildings |  | Machinery Etc. |  | Total
|  | £ |  | £ |  | £
Cost |  |  |  |  |  |
At 1 April 2024 |  | 322,741 |  | 4,831,949 |  | 5,154,690
Additions |  | - |  | 661,105 |  | 661,105
Disposals |  | - |  | (959,750) |  | (959,750)
At 31 March 2025 |  | 322,741 |  | 4,533,304 |  | 4,856,045
Depreciation |  |  |  |  |  |
At 1 April 2024 |  | 4,614 |  | 2,958,590 |  | 2,963,204
Disposals |  | - |  | (191,950) |  | (191,950)
For the year |  | 2,814 |  | 356,017 |  | 358,831
At 31 March 2025 |  | 7,428 |  | 3,122,657 |  | 3,130,085
Net Book Amounts |  |  |  |  |  |
At 31 March 2025 |  | 315,313 |  | 1,410,647 |  | 1,725,960
At 31 March 2024 |  | 318,127 |  | 1,873,359 |  | 2,191,486
Included above are assets subject to finance agreements: |  |
Plant and machinery - Book value £929,586 ( 2023 £1,191.074) on which depreciation was charged of £232,396 ( 2021 £41,065). |  |

4. STOCK |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 12,500 |  | 12,000
|  |  |  | 12,500 |  | 12,000

Pell Plant Hire Ltd

5. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year: |  |  |  |  |  |
Trade debtors |  |  |  | 2,906,860 |  | 1,613,185
VAT |  |  |  | 205,265 |  | 105,050
Other debtors |  |  |  | 3,665 |  | 565,868
|  |  |  | 3,115,790 |  | 2,284,103

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans and overdrafts |  |  |  | 4,390 |  | 23,854
Trade creditors |  |  |  | 748,500 |  | 1,043,349
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  |  |  | 337,572 |  | -
Taxation and social security |  |  |  | 610,527 |  | 189,883
Other creditors |  |  |  | 143,530 |  | 107,825
|  |  |  | 1,844,519 |  | 1,364,911

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans and overdrafts |  |  |  | 14,722 |  | 65,642
Other creditors |  |  |  | 35,899 |  | 1,098,580
|  |  |  | 50,621 |  | 1,164,222
Included in other creditors are: |  |  |  |  |  |
Obligations under finance leases |  |  |  | - |  | 989,750
Obligations under hire purchase |  |  |  | 35,899 |  | 108,830

Pell Plant Hire Ltd

8. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 29 |  | 29

9. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 374,058 |  | 350,709
|  |  |  | 374,058 |  | 350,709

10. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
10 Class B shares of £1 each |  |  |  | 10 |  | 10
|  |  |  | 110 |  | 110
New shares issued during period: |  |  |  |  |  |
-2 Class B shares of £1 each |  |  |  | -2 |  | -2

11. CONTROLLING PARTY
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.