G & D Plant Hire Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 02637099

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		34,554		39,539
Investment Properties	5		6,110,032		6,012,242
Investments	6		300		-

			6,144,886		6,051,781
CURRENT ASSETS
Debtors	7	129,095		18,918
Cash at bank and in hand		468,067		115,149

		597,162		134,067
Creditors: Amounts Falling Due Within One Year	8	(126,551 )		(110,602 )

NET CURRENT ASSETS (LIABILITIES)			470,611		23,465

TOTAL ASSETS LESS CURRENT LIABILITIES			6,615,497		6,075,246

Creditors: Amounts Falling Due After More Than One Year	9		(3,497,453 )		(2,887,833 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(170,678 )		(170,678 )

NET ASSETS			2,947,366		3,016,735

CAPITAL AND RESERVES
Called up share capital	11		300		300
Revaluation reserve	12		1,168,033		1,168,033
Profit and Loss Account			1,779,033		1,848,402

SHAREHOLDERS' FUNDS			2,947,366		3,016,735

Page 1

Page 2

G & D Plant Hire Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Duffy

Director

07/05/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

G & D Plant Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02637099 . The registered office is 80 Bucknalls Lane, Watford, Hertfordshire, WD25 9JQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

G & D Plant Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 September 2024	260,506	43,719	5,008	309,233
Additions	1,650	4,500	-	6,150
Disposals	(2,734 )	(23,686 )	-	(26,420 )

As at 31 August 2025	259,422	24,533	5,008	288,963

Depreciation
As at 1 September 2024	223,104	41,734	4,856	269,694
Provided during the period	9,478	590	39	10,107
Disposals	(2,457 )	(22,935 )	-	(25,392 )

As at 31 August 2025	230,125	19,389	4,895	254,409

Net Book Value
As at 31 August 2025	29,297	5,144	113	34,554

As at 1 September 2024	37,402	1,985	152	39,539

5. Investment Property

	2025
	£
Fair Value
As at 1 September 2024	6,012,242
Additions	97,790

As at 31 August 2025	6,110,032

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	4,823,101	4,686,709
Accumulated depreciation and impairment	958,582	863,157

Carrying amount	3,864,519	3,823,552

Page 4

Page 5

G & D Plant Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

The directors have determined the market value of the properties at the period end based on current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset.

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 September 2024	-
Additions	300

As at 31 August 2025	300

Provision
As at 1 September 2024	-

As at 31 August 2025	-

Net Book Value
As at 31 August 2025	300

As at 1 September 2024	-

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	129,095	18,918

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	474	2,992
Other creditors	125,409	106,982
Taxation and social security	668	628

	126,551	110,602

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	3,497,453	2,887,833

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	3,491,723		2,887,833

Page 5

Page 6

G & D Plant Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

10. Secured Creditors

Of the creditors the following amounts are secured against the investment property.

	2025		2024
	£		£
Bank loans and overdrafts	3,491,723		2,887,833

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 2.00 each	200	200
100 Ordinary A shares of £ 1.00 each	100	100

	300	300

12. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 September 2024	1,168,033	1,848,402
Loss for the year and total comprehensive income	-	(69,369 )

As at 31 August 2025	1,168,033	1,779,033

Page 6