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Company Registration No. 11402765 (England and Wales)
Nibsy Plant Hire LTD Unaudited accounts for the year ended 31 May 2025
Nibsy Plant Hire LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Nibsy Plant Hire LTD Company Information for the year ended 31 May 2025
Directors
Jack Heffernan Luke Heffernan
Company Number
11402765 (England and Wales)
Registered Office
26 Lyndhurst Grove Road Brighouse West Yorkshire HD6 3SD
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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Nibsy Plant Hire LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
47,951
59,939
Current assets
Debtors
5
24,081
24,716
Cash at bank and in hand
20,670
15,948
44,751
40,664
Creditors: amounts falling due within one year
6
(17,037)
(36,940)
Net current assets
27,714
3,724
Total assets less current liabilities
75,665
63,663
Creditors: amounts falling due after more than one year
7
(1,333)
(5,333)
Provisions for liabilities
Deferred tax
8
(3,280)
(4,361)
Net assets
71,052
53,969
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
70,952
53,869
Shareholders' funds
71,052
53,969
For the year ending 31 May 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2026 and were signed on its behalf by
Jack Heffernan Director Company Registration No. 11402765
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Nibsy Plant Hire LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Nibsy Plant Hire LTD is a private company, limited by shares, registered in England and Wales, registration number 11402765. The registered office is 26 Lyndhurst Grove Road, Brighouse, West Yorkshire, HD6 3SD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 June 2024
125,815
At 31 May 2025
125,815
Depreciation
At 1 June 2024
65,876
Charge for the year
11,988
At 31 May 2025
77,864
Net book value
At 31 May 2025
47,951
At 31 May 2024
59,939
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Nibsy Plant Hire LTD Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
24,081
24,716
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,000
4,000
VAT
1,234
2,272
Taxes and social security
5,004
4,957
Loans from directors
5,049
23,702
Accruals
1,750
2,009
17,037
36,940
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,333
5,333
8
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
3,280
4,361
2025
2024
£
£
Provision at start of year
4,361
5,330
Credited to the profit and loss account
(1,081)
(969)
Provision at end of year
3,280
4,361
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
During the year the company leased equipment to an organisation controlled solely by a member of key management personnel. Income for the year relating to the leased equipment amounted to £51,326.00. The company is in receipt of loans amounting to £5,049.00 from members of key management personnel. Loan 1 amounts to £1,104.00, is payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year. Loan 2 amounts to £3,945.00, is payable on demand and the rate of interest is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
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Nibsy Plant Hire LTD Notes to the Accounts for the year ended 31 May 2025
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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