Registration number: 09173635

Cross Plant Hire Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 10

Cross Plant Hire Limited

Balance Sheet
31 August 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	9,348	11,261
Tangible assets	5	1,790,974	2,237,593
		1,800,322	2,248,854
Current assets
Stocks	6	72,199	60,000
Debtors	7	1,520,570	1,486,431
Cash at bank and in hand		84,468	120,032
		1,677,237	1,666,463
Creditors: Amounts falling due within one year	8	(1,132,897)	(1,117,374)
Net current assets		544,340	549,089
Total assets less current liabilities		2,344,662	2,797,943
Creditors: Amounts falling due after more than one year	8	(631,625)	(1,006,314)
Provisions for liabilities		(439,616)	(534,598)
Net assets		1,273,421	1,257,031
Capital and reserves
Called up share capital		121	121
Retained earnings		1,273,300	1,256,910
Shareholders' funds		1,273,421	1,257,031

For the financial 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.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 May 2026 and signed on its behalf by:
 

Cross Plant Hire Limited

Balance Sheet
31 August 2025

......................................... Mr R Sodha Director

Company Registration Number: 09173635

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

1	General information

The Company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Prospect House
Whalley Road
Bury
Lancashire
BL0 0ED
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% Reducing balance
Fixtures & fittings	15% Reducing balance
Plant & machinery	20% Reducing balance

Intangible assets

Separately acquired trademarks, patents and licences are shown at historical cost.

Trademarks, patents and licences acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, patents and licences have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Patents	10% Straight-line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 13 (2024 - 12).

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 September 2024	21,562	21,562
At 31 August 2025	21,562	21,562
Amortisation
At 1 September 2024	10,301	10,301
Amortisation charge	1,913	1,913
At 31 August 2025	12,214	12,214
Carrying amount
At 31 August 2025	9,348	9,348
At 31 August 2024	11,261	11,261

5	Tangible assets

	Fixtures and fittings £	Motor vehicles  £	Other tangible assets  £	Total £
Cost or valuation
At 1 September 2024	10,221	211,551	4,071,350	4,293,122
Additions	7,324	44,912	615,697	667,933
Disposals	-	-	(1,125,090)	(1,125,090)
At 31 August 2025	17,545	256,463	3,561,957	3,835,965
Depreciation
At 1 September 2024	3,614	113,527	1,938,388	2,055,529
Charge for the year	1,694	31,057	433,312	466,063
Eliminated on disposal	-	-	(476,601)	(476,601)
At 31 August 2025	5,308	144,584	1,895,099	2,044,991
Carrying amount
At 31 August 2025	12,237	111,879	1,666,858	1,790,974
At 31 August 2024	6,607	98,024	2,132,962	2,237,593

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

6

Stocks

	2025 £	2024 £
Other inventories	72,199	60,000

7

Debtors

Current	Note	2025 £	2024 £
Trade debtors		526,446	500,399
Amounts owed by related parties	10	964,885	963,685
Prepayments		29,239	22,347
		1,520,570	1,486,431

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	455,625	308,676
Trade creditors		199,012	226,572
Taxation and social security		306,645	64,273
Accruals and deferred income		-	18,166
Other creditors		171,615	499,687
		1,132,897	1,117,374

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	631,625	1,006,314

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	613,778	963,028
Hire purchase contracts	17,847	43,286
	631,625	1,006,314

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	440,784	293,835
Hire purchase contracts	14,841	14,841
	455,625	308,676

Cross Plant Hire Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

10	Related party transactions

Directors' remuneration

The directors are remunerated by the company. The directors consider that their remuneration meets the criteria of being under normal market conditions.