Truck & Plant Ltd Accounts






Truck & Plant Ltd

	Company No. 02740640
		Information for Filing with The Registrar
		31 August 2025

The Directors present their report and the accounts for the year ended 31 August 2025.

Principal activities
The principal activity of the company during the year under review was maintenance and repair of motor vehicles.




Directors

The Directors who served at any time during the year were as follows:

D.J. Richards
A.L. Smeaton








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D.J. Richards
Director
14 January 2026

at	31 August 2025
Company No.		02740640	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	10,263	9,363


				10,263	9,363
Current assets
	Stocks		6	5,000	4,000
	Debtors		7	128,811	105,443

	Cash at bank and in hand			45,483	45,494
				179,294	154,937
Creditors: Amount falling due within one year			8	(82,421)	(83,097)
Net current assets				96,873	71,840
Total assets less current liabilities				107,136	81,203
Creditors: Amounts falling due after more than one year			9	(21,348)	(26,919)
Provisions for liabilities
	Deferred taxation		10	(2,495)	(2,256)

Net assets				83,293	52,028

Capital and reserves
	Called up share capital			2	2



	Profit and loss account		12	83,291	52,026

Total equity				83,293	52,028



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 August 2025 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 14 January 2026 and signed on its behalf by:
D.J. Richards
Director
14 January 2026

for the year ended 31 August 2025

General information

Truck & Plant Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 02740640

Its registered office is:

Ladfordfields Industrial Est

Seighford

Stafford

ST18 9QE

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% reducing balance

Motor vehicles

25% reducing balance

Furniture, fittings and equipment

25% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. 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 inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employee benefits

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	7	7

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	10,259	5,181

		Total corporation tax	10,259	5,181

		Origination and reversal of timing differences	239	(325)

		Total deferred tax	239	(325)

		Tax on profit on ordinary activities	10,498	4,856

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2025	2024
		-2943	£	£
		Profit on ordinary activities before tax	53,763	25,435

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	13,441	6,359
		Expenses not deductible for tax purposes	(2,943)	(1,503)




		Tax on profit on ordinary activities	10,498	4,856

5	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 September 2024	33,475	14,331	2,123	49,929
		Additions	-	-	4,675	4,675



		At 31 August 2025	33,475	14,331	6,798	54,604
		Depreciation
		At 1 September 2024	27,528	11,978	1,060	40,566
		Charge for the year	1,487	588	1,700	3,775



		At 31 August 2025	29,015	12,566	2,760	44,341
		Net book values
		At 31 August 2025	4,460	1,765	4,038	10,263
		At 31 August 2024	5,947	2,353	1,063	9,363

6	Stocks
			2025	2024
			£	£
		Raw materials and consumables	5,000	4,000


			5,000	4,000

7	Debtors
			2025	2024
			£	£
		Trade debtors	99,445	81,985




		Loans to directors	3,000	-

		Prepayments and accrued income	26,366	23,458
			128,811	105,443

8	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	5,556	5,556


		Trade creditors	39,830	47,075

		Taxes and social security	27,823	23,479

		Other creditors	3,636	3,459
		Accruals and deferred income	5,576	3,528
			82,421	83,097

9	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	21,348	26,919






			21,348	26,919

10	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 September 2024	2,256	2,256
		Charge to the profit and loss account for the period	239	239

		At 31 August 2025	2,495	2,495


			2025	2024
			£	£
		Accelerated capital allowances	2,495	2,256



			2,495	2,256

Share Capital

200 Ordinary Shares of .01p each allocated, called up and fully paid

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

13	Advances and credits to directors
			2025
			£







		D Richards advance of 3000 (2024 - nil) outstanding at the year end