3957627falsecivil engineering2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli: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 THEYEARENDED31 MARCH 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
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
20252024
Notes££
FIXED ASSETS
Tangible assets31,725,9602,191,486
CURRENT ASSETS
Stock12,50012,000
Debtors53,115,7902,284,103
Cash at bank and in hand785,323417,848
3,913,6132,713,951
CREDITORS: Amounts falling due within one year61,844,5191,364,911
NET CURRENT ASSETS2,069,0941,349,040
TOTAL ASSETS LESS CURRENT LIABILITIES3,795,0543,540,526
CREDITORS: Amounts falling due after more than one year750,6211,164,222
PROVISIONS FOR LIABILITIES AND CHARGES9374,058350,709
NET ASSETS3,370,3752,025,595
CAPITAL AND RESERVES
Called up share capital10110110
Profit and loss account3,370,2652,025,485
SHAREHOLDERS' FUNDS3,370,3752,025,595
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 Buildingsstraight line 03%
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing 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
GoodwillTotal
££
Cost
At 1 April 202410,00010,000
At 31 March 202510,00010,000
Depreciation
At 1 April 202410,00010,000
At 31 March 202510,00010,000
Net Book Amounts
At 31 March 2025--
3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 1 April 2024322,7414,831,9495,154,690
Additions-661,105661,105
Disposals-(959,750)(959,750)
At 31 March 2025322,7414,533,3044,856,045
Depreciation
At 1 April 20244,6142,958,5902,963,204
Disposals-(191,950)(191,950)
For the year2,814356,017358,831
At 31 March 20257,4283,122,6573,130,085
Net Book Amounts
At 31 March 2025315,3131,410,6471,725,960
At 31 March 2024318,1271,873,3592,191,486
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 20252024
££
Stock comprises:
Stock12,50012,000
12,50012,000
Pell Plant Hire Ltd
5. DEBTORS 20252024
££
Amounts falling due within one year:
Trade debtors2,906,8601,613,185
VAT205,265105,050
Other debtors3,665565,868
3,115,7902,284,103
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Bank loans and overdrafts4,39023,854
Trade creditors748,5001,043,349
Amounts owed to group undertakings and undertakings in which the company has a participating interest337,572-
Taxation and social security610,527189,883
Other creditors143,530107,825
1,844,5191,364,911
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans and overdrafts14,72265,642
Other creditors35,8991,098,580
50,6211,164,222
Included in other creditors are:
Obligations under finance leases-989,750
Obligations under hire purchase35,899108,830
Pell Plant Hire Ltd
8. EMPLOYEES
20252024
No.No.
Average number of employees2929
9. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation374,058350,709
374,058350,709
10. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
10 Class B shares of £1 each1010
110110
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.