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REGISTERED NUMBER: 03060470 (England and Wales)

| NORRIS PLANT HIRE & SALES LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 JUNE 2025 |

NORRIS PLANT HIRE & SALES LIMITED (REGISTERED NUMBER: 03060470)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

NORRIS PLANT HIRE & SALES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

| DIRECTORS: | S A Norris

| A S Norris

| Miss J-A L Norris

| SECRETARY: | Miss J-A L Norris

| REGISTERED OFFICE: | Acrelands

| Orston Lane

| Bottesford

| Nottingham

| Nottinghamshire

| NG13 0AU

| REGISTERED NUMBER: | 03060470 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| 3 Castlegate

| Grantham

| Lincolnshire

| NG31 6SF

| BANKERS: | Lloyds Bank plc

| 70 High Street

| Lincoln

| Lincolnshire

| LN5 8AD

NORRIS PLANT HIRE & SALES LIMITED (REGISTERED NUMBER: 03060470)

STATEMENT OF FINANCIAL POSITION

30 JUNE 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 815,270 |  | 388,662 |  |

815,270 |  | 388,662 |  |

CURRENT ASSETS

Stocks | 2,695,299 |  | 3,196,084 |  |

Debtors | 6 | 201,663 |  | 565,677 |  |

2,896,962 |  | 3,761,761 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,606,329 |  | 1,499,244 |  |

NET CURRENT ASSETS | 1,290,633 |  | 2,262,517 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,105,903 |  | 2,651,179 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (971,924 | ) | (1,316,472 | ) |

PROVISIONS FOR LIABILITIES | - |  | (24,958 | ) |

NET ASSETS | 1,133,979 |  | 1,309,749 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 5,051 |  | 5,051 |  |

Capital redemption reserve | 5,051 |  | 5,051 |  |

Retained earnings | 1,123,877 |  | 1,299,647 |  |

SHAREHOLDERS' FUNDS | 1,133,979 |  | 1,309,749 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

NORRIS PLANT HIRE & SALES LIMITED (REGISTERED NUMBER: 03060470)

STATEMENT OF FINANCIAL POSITION - continued

30 JUNE 2025

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 16 March 2026 and were signed on its behalf by:

S A Norris - Director

NORRIS PLANT HIRE & SALES LIMITED (REGISTERED NUMBER: 03060470)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| Norris Plant Hire & Sales 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.

| Turnover

| Turnover represents the fair value of net sales and hire of agricultural plant and machinery and rents received, excluding value added tax.

| Revenue from the sale of plant and machinery is recognised when the significant risks and benefits of ownership have transferred to the buyer, which may be upon delivery to the customer, collection by the customer or the date of invoicing. Plant and machinery hire is recognised in the period in which the hire is provided to customers. Rents received are recognised in the period in which rents are due.

| 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.

| Computer software is being amortised evenly over its estimated useful life of four years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and buildings | - | 10% on cost

| Plant and machinery etc | - | 33% on cost, 25% on reducing balance and 15% on reducing balance

| Tangible fixed assets are held at cost less accumulated depreciation. No depreciation has been provided for on freehold land and certain freehold buildings. The directors consider that the lives of such buildings and their residual value are such that their depreciation is not significant.

| Stocks

| Stocks are valued at the lower of cost and fair value less costs to sell, after making due allowance for obsolete and slow moving items.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

NORRIS PLANT HIRE & SALES LIMITED (REGISTERED NUMBER: 03060470)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Certain items of equipment held for hire or sale, which are treated as stock, are financed by hire purchase contracts.

| The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future repayments is treated as a liability.

| Rentals paid under operating leases are charged to the profit and loss account as incurred.

| 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 9 (2024 - 8 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 8,000 |  |

| AMORTISATION

| At 1 July 2024

| and 30 June 2025 | 8,000 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  |

| At 30 June 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 July 2024 | 314,357 |  | 203,475 |  | 517,832 |  |

| Additions | 451,099 |  | - |  | 451,099 |  |

| At 30 June 2025 | 765,456 |  | 203,475 |  | 968,931 |  |

| DEPRECIATION

| At 1 July 2024 | 6,381 |  | 122,789 |  | 129,170 |  |

| Charge for year | 4,786 |  | 19,705 |  | 24,491 |  |

| At 30 June 2025 | 11,167 |  | 142,494 |  | 153,661 |  |

| NET BOOK VALUE

| At 30 June 2025 | 754,289 |  | 60,981 |  | 815,270 |  |

| At 30 June 2024 | 307,976 |  | 80,686 |  | 388,662 |  |

NORRIS PLANT HIRE & SALES LIMITED (REGISTERED NUMBER: 03060470)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 162,379 |  | 457,816 |  |

| Other debtors | 12,860 |  | 45,054 |  |

| Prepayments and accrued income | 26,424 |  | 62,807 |  |

201,663 |  | 565,677 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 189,527 |  | 181,183 |  |

| Hire purchase contracts | 374,957 |  | 625,214 |  |

| Trade creditors | 395,198 |  | 472,219 |  |

| Other taxes and social security | 12,922 |  | 10,869 |  |

| Director's loan account | 622,655 |  | 202,277 |  |

| Accruals and deferred income | 11,070 |  | 7,482 |  |

1,606,329 |  | 1,499,244 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 971,924 |  | 1,316,472 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank overdrafts | 189,527 |  | 181,183 |  |

| Hire purchase contracts | 1,346,881 |  | 1,941,686 |  |

1,536,408 |  | 2,122,869 |  |

| The bank overdraft was secured by a floating charge over the company's assets. Hire purchase contracts are secured on the asset to which they relate.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 5,051 | Ordinary Shares | £1 | 5,051 |  | 5,051 |  |

NORRIS PLANT HIRE & SALES LIMITED (REGISTERED NUMBER: 03060470)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025 | 2024 |

£ | £ |

| S A Norris

| Balance outstanding at start of year | - |  | 7,295 |  |

| Amounts repaid | - |  | (7,295 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| The loan was unsecured, interest free and repayable on demand.

12. | POST BALANCE SHEET EVENTS

| Following the year end, but prior to signing date of these financial statements, the directors made the decision to begin winding up the trading activities. The cessation of trade will be reflected in the company's financial statements for the year ended 30 June 2026.