REGISTERED NUMBER: 05741917 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

STUART PLANT HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Stuart

REGISTERED OFFICE:

Twin Lakes Industrial Park

Bretherton Road

Croston

Leyland

Lancashire

PR26 9RF

REGISTERED NUMBER:

05741917 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

475,399

360,900

CURRENT ASSETS

Stocks

10,000

50,000

Debtors

5

296,723

342,517

Cash at bank

534,597

568,162

841,320

960,679

CREDITORS

Amounts falling due within one year

6

285,103

611,951

NET CURRENT ASSETS

556,217

348,728

TOTAL ASSETS LESS CURRENT LIABILITIES

1,031,616

709,628

CREDITORS

Amounts falling due after more than one year

7

(116,533

)

(11,557

)

PROVISIONS FOR LIABILITIES

(106,041

)

(75,974

)

NET ASSETS

809,042

622,097

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

808,942

621,997

SHAREHOLDERS' FUNDS

809,042

622,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2026 and were signed by:

S J Stuart - Director

1.	STATUTORY INFORMATION

Stuart Plant Hire 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

The director considers that plant & machinery should be depreciated at 10% on a reducing balance basis rather than 20%. This change in accounting estimate is necessary to more accurately reflect the useful economic life of such assets.

Plant and machinery - 10% on reducing balance

Motor vehicles - 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Going concern

The Director believes that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 June 2024

830,610

138,178

968,788

Additions

159,250

-

159,250

At 31 May 2025

989,860

138,178

1,128,038

DEPRECIATION

At 1 June 2024

527,454

80,434

607,888

Charge for year

30,315

14,436

44,751

At 31 May 2025

557,769

94,870

652,639

NET BOOK VALUE

At 31 May 2025

432,091

43,308

475,399

At 31 May 2024

303,156

57,744

360,900

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Trade debtors

54,286

119,772

Other debtors

105,658

106,808

Directors' current accounts

61,264

27,613

VAT

74,348

87,157

Prepayments

1,167

1,167

296,723

342,517

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/25

31/5/24

£

£

Bank loans and overdrafts

-

63,333

Hire purchase contracts

86,130

58,831

Trade creditors

101,505

372,408

Tax

52,894

78,216

Social security and other taxes

4,107

16,659

Other creditors

50

407

Accrued expenses

40,417

22,097

285,103

611,951

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/25

31/5/24

£

£

Hire purchase contracts

116,533

11,557

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/25

31/5/24

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

31/5/25

31/5/24

£

£

S J Stuart

Balance outstanding at start of year

27,613

(13,393

)

Amounts advanced

102,751

90,106

Amounts repaid

(69,100

)

(49,100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

61,264

27,613

Interest is charged on the director's loan account at 2.25% and, from 6 April 2025, at 3.75% per annum.