IRIS Accounts Production v26.1.10.61 09625211 Board of Directors 1.1.25 31.12.25 31.12.25 3.6.26 false true false false false true true false Auditors Opinion Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09625211 2024-12-31 09625211 2025-12-31 09625211 2025-01-01 2025-12-31 09625211 2023-12-31 09625211 2024-01-01 2024-12-31 09625211 2024-12-31 09625211 ns15:EnglandWales 2025-01-01 2025-12-31 09625211 ns14:PoundSterling 2025-01-01 2025-12-31 09625211 ns10:Director1 2025-01-01 2025-12-31 09625211 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09625211 ns10:SmallEntities 2025-01-01 2025-12-31 09625211 ns10:Audited 2025-01-01 2025-12-31 09625211 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 09625211 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 09625211 ns10:FullAccounts 2025-01-01 2025-12-31 09625211 1 2025-01-01 2025-12-31 09625211 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 09625211 ns10:Director2 2025-01-01 2025-12-31 09625211 ns10:Director3 2025-01-01 2025-12-31 09625211 ns10:RegisteredOffice 2025-01-01 2025-12-31 09625211 ns5:CurrentFinancialInstruments 2025-12-31 09625211 ns5:CurrentFinancialInstruments 2024-12-31 09625211 ns5:Non-currentFinancialInstruments 2025-12-31 09625211 ns5:Non-currentFinancialInstruments 2024-12-31 09625211 ns5:ShareCapital 2025-12-31 09625211 ns5:ShareCapital 2024-12-31 09625211 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 09625211 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 09625211 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 09625211 ns5:PlantMachinery 2025-01-01 2025-12-31 09625211 ns5:FurnitureFittings 2025-01-01 2025-12-31 09625211 ns5:MotorVehicles 2025-01-01 2025-12-31 09625211 ns5:ComputerEquipment 2025-01-01 2025-12-31 09625211 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 09625211 ns5:ComputerSoftware 2024-12-31 09625211 ns5:ComputerSoftware 2025-01-01 2025-12-31 09625211 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-12-31 09625211 ns5:ComputerSoftware 2025-12-31 09625211 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 09625211 ns5:ComputerSoftware 2024-12-31 09625211 ns5:PlantMachinery 2024-12-31 09625211 ns5:FurnitureFittings 2024-12-31 09625211 ns5:MotorVehicles 2024-12-31 09625211 ns5:ComputerEquipment 2024-12-31 09625211 ns5:PlantMachinery 2025-12-31 09625211 ns5:FurnitureFittings 2025-12-31 09625211 ns5:MotorVehicles 2025-12-31 09625211 ns5:ComputerEquipment 2025-12-31 09625211 ns5:PlantMachinery 2024-12-31 09625211 ns5:FurnitureFittings 2024-12-31 09625211 ns5:MotorVehicles 2024-12-31 09625211 ns5:ComputerEquipment 2024-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-12-31 09625211 ns5:LeasedAssetsHeldAsLessee 2024-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-01-01 2025-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-01-01 2025-12-31 09625211 ns5:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-12-31 09625211 ns5:LeasedAssetsHeldAsLessee 2025-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 09625211 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-12-31 09625211 ns5:LeasedAssetsHeldAsLessee 2024-12-31 09625211 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 09625211 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 09625211 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-12-31 09625211 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-12-31 09625211 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-12-31 09625211 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-12-31 09625211 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-12-31 09625211 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-31 09625211 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-12-31 09625211 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-12-31 09625211 ns5:HirePurchaseContracts 2025-12-31 09625211 ns5:HirePurchaseContracts 2024-12-31 09625211 ns5:WithinOneYear 2025-12-31 09625211 ns5:WithinOneYear 2024-12-31 09625211 ns5:Secured 2025-12-31 09625211 ns5:Secured 2024-12-31 09625211 ns5:DeferredTaxation 2024-12-31 09625211 ns5:DeferredTaxation 2025-12-31 09625211 ns10:OrdinaryShareClass1 2025-12-31 09625211 ns10:Director1 1 2024-12-31 09625211 ns10:Director1 1 2023-12-31 09625211 ns10:Director1 1 2025-01-01 2025-12-31 09625211 ns10:Director1 1 2024-01-01 2024-12-31 09625211 ns10:Director1 1 2025-12-31 09625211 ns10:Director1 1 2024-12-31

REGISTERED NUMBER: 09625211 (England and Wales)

| Audited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| JMAC Hire and Sales Ltd |

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| JMAC Hire and Sales Ltd |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | L A McCarthy

| R Payne

| J Young

| REGISTERED OFFICE: | Portrack Grange Road

| Stockton on Tees

| Cleveland

| TS18 2PH

| REGISTERED NUMBER: | 09625211 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Kevin Shotton BA BFP FCA

| AUDITORS: | Clive Owen LLP

| Chartered Accountants

| & Statutory Auditors

| 140 Coniscliffe Road

| Darlington

| County Durham

| DL3 7RT

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 60,470 |  | 49,329 |  |

Tangible assets | 5 | 2,608,102 |  | 2,952,965 |  |

2,668,572 |  | 3,002,294 |  |

CURRENT ASSETS

Stocks | 6 | 74,404 |  | 45,647 |  |

Debtors | 7 | 3,969,589 |  | 3,911,210 |  |

Cash at bank | 300,248 |  | 276,219 |  |

4,344,241 |  | 4,233,076 |  |

CREDITORS

Amounts falling due within one year | 8 | (1,403,146 | ) | (1,764,689 | ) |

NET CURRENT ASSETS | 2,941,095 |  | 2,468,387 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,609,667 |  | 5,470,681 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (424,486 | ) | (421,574 | ) |

PROVISIONS FOR LIABILITIES | 12 | (250,104 | ) | (533,704 | ) |

NET ASSETS | 4,935,077 |  | 4,515,403 |  |

CAPITAL AND RESERVES

Called up share capital | 13 | 100 |  | 100 |  |

Retained earnings | 4,934,977 |  | 4,515,303 |  |

SHAREHOLDERS' FUNDS | 4,935,077 |  | 4,515,403 |  |

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 3 June 2026 and were signed on its behalf by:

L A McCarthy - Director

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| JMAC Hire and Sales Ltd 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.

| There were no material departures from that standard.

| 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.

| Going concern

| The financial statements have been prepared on a going concern basis, which reflects the directors’ assessment that the company will continue to trade for the foreseeable future. Although the balance sheet shows a net liability position, the directors have prepared detailed profit and loss and cash flow forecasts. Based on these forecasts, the directors are satisfied that the company will have sufficient resources to meet its obligations as they fall due for at least 12 months from the date of approval of these financial statements.

| Related party transactions

| 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 that have been conducted under normal market conditions.

| Turnover

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

| Income recognition

| Income on the sale of goods is recognised when a contract for the sale of goods is determined as unconditional.

| Income on the rendering of services is recognised by reference to the stage of completion. The stage of completion is measured by reference to the labour hours incurred to date.

| Intangible assets

| Intangible assets are initially measusred 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 over its estimated useful life of three years.

| Development costs are not being amortised as they have not yet been brought into use.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 7% - 10% on cost

| Fixtures and fittings | - | 10% on reducing balance

| Motor vehicles | - | 15% reducing balance and 7% on cost

| Computer equipment | - | 33% on reducing balance and 25% on reducing balance

| Tangible fixed assets are held at cost less accumulated depreciation and impairment.

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks are valued at the lower of cost and net realisable value, 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 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

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

| Operating leases are charged to the profit and loss account as the benefits of the rental are consumed.

| 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.

| Financial instruments

| Basic financial instruments are recognised at amortised cost with charges recognised in profit or loss.

| Grants

| Capital based grants are credited to the profit and loss account in equal instalments, over the estimated useful life of the related asset. Revenue based grants are credited to the profit and loss account on receipt.

| Exceptional items

| Exceptional items are transactions that are material by virtue of their size or nature, and are disclosed separately in the profit and loss account where such presentation is necessary to provide a true and fair view of the company’s financial performance.

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 30 (2024 - 19 ) .

4. | INTANGIBLE FIXED ASSETS

| Development |  | Computer |

| costs |  | software |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 32,900 |  | 41,502 |  | 74,402 |  |

| Additions | 10,000 |  | 19,188 |  | 29,188 |  |

| At 31 December 2025 | 42,900 |  | 60,690 |  | 103,590 |  |

| AMORTISATION

| At 1 January 2025 | - |  | 25,073 |  | 25,073 |  |

| Amortisation for year | - |  | 18,047 |  | 18,047 |  |

| At 31 December 2025 | - |  | 43,120 |  | 43,120 |  |

| NET BOOK VALUE

| At 31 December 2025 | 42,900 |  | 17,570 |  | 60,470 |  |

| At 31 December 2024 | 32,900 |  | 16,429 |  | 49,329 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 3,478,906 |  | 30,137 |  | 1,253,101 |  | 66,634 |  | 4,828,778 |  |

| Additions | 293,731 |  | 30,234 |  | 1,715 |  | 7,507 |  | 333,187 |  |

| Disposals | (686,789 | ) | - |  | (55,805 | ) | - |  | (742,594 | ) |

| At 31 December 2025 | 3,085,848 |  | 60,371 |  | 1,199,011 |  | 74,141 |  | 4,419,371 |  |

| DEPRECIATION

| At 1 January 2025 | 1,455,472 |  | 11,004 |  | 362,610 |  | 46,727 |  | 1,875,813 |  |

| Charge for year | 266,409 |  | 3,795 |  | 88,931 |  | 6,265 |  | 365,400 |  |

| Eliminated on disposal | (412,131 | ) | - |  | (17,813 | ) | - |  | (429,944 | ) |

| At 31 December 2025 | 1,309,750 |  | 14,799 |  | 433,728 |  | 52,992 |  | 1,811,269 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,776,098 |  | 45,572 |  | 765,283 |  | 21,149 |  | 2,608,102 |  |

| At 31 December 2024 | 2,023,434 |  | 19,133 |  | 890,491 |  | 19,907 |  | 2,952,965 |  |

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | - |  | 1,060,284 |  | 1,060,284 |  |

| Additions | 259,379 |  | - |  | 259,379 |  |

| Disposals | - |  | (42,154 | ) | (42,154 | ) |

| Transfer to ownership | - |  | (387,309 | ) | (387,309 | ) |

| At 31 December 2025 | 259,379 |  | 630,821 |  | 890,200 |  |

| DEPRECIATION

| At 1 January 2025 | - |  | 270,714 |  | 270,714 |  |

| Charge for year | 4,323 |  | 77,061 |  | 81,384 |  |

| Eliminated on disposal | - |  | (6,639 | ) | (6,639 | ) |

| Transfer to ownership | - |  | (157,855 | ) | (157,855 | ) |

| At 31 December 2025 | 4,323 |  | 183,281 |  | 187,604 |  |

| NET BOOK VALUE

| At 31 December 2025 | 255,056 |  | 447,540 |  | 702,596 |  |

| At 31 December 2024 | - |  | 789,570 |  | 789,570 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 74,404 |  | 45,647 |  |

7. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 308,037 |  | 229,777 |  |

| Amounts owed by group undertakings | 1,989,949 |  | 2,062,331 |  |

| Amounts owed by associates | 1,546 |  | 36,767 |  |

| Other debtors | - |  | 1,208 |  |

| Director's current account | 273,419 |  | 314,790 |  |

| Prepayments and accrued income | 222,369 |  | 777,717 |  |

2,795,320 |  | 3,422,590 |  |

| Amounts falling due after more than one year:

| Amounts owed by related undertakings | 1,174,269 |  | 488,620 |  |

| Aggregate amounts | 3,969,589 |  | 3,911,210 |  |

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 37,555 |  | 114,102 |  |

| Hire purchase contracts (see note 10) | 213,196 |  | 223,130 |  |

| Trade creditors | 576,435 |  | 558,191 |  |

| Taxation and social security | 436,303 |  | 546,111 |  |

| Other creditors | 20,053 |  | 197,275 |  |

| Accruals and deferred income | 113,851 |  | 120,127 |  |

| Deferred government grants | 5,753 |  | 5,753 |  |

1,403,146 |  | 1,764,689 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 128,938 |  | 128,939 |  |

| Bank loans - 2-5 years | - |  | 37,555 |  |

| Hire purchase contracts (see note 10) | 283,989 |  | 237,769 |  |

| Deferred government grants | 11,559 |  | 17,311 |  |

424,486 |  | 421,574 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 213,196 |  | 223,130 |  |

| Between one and five years | 283,989 |  | 237,769 |  |

497,185 |  | 460,899 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 42,000 |  | 20,500 |  |

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

11. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 166,493 |  | 280,596 |  |

| Hire purchase contracts | 497,185 |  | 460,899 |  |

663,678 |  | 741,495 |  |

| The bank loans are secured by a fixed and floating charge on the assets of the company.

| The hire purchase creditors are secured against the assets to which they relate.

12. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 250,104 |  | 533,704 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 533,704 |  |

| Accelerated capital allowances | (94,347 | ) |

| Prior year | (189,253 | ) |

| Balance at 31 December 2025 | 250,104 |  |

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

14. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Kevin Shotton BA BFP FCA (Senior Statutory Auditor)

| for and on behalf of Clive Owen LLP

| JMAC Hire and Sales Ltd (Registered number: 09625211) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

15. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025 | 2024 |

£ | £ |

| L A McCarthy

| Balance outstanding at start of year | 314,790 |  | 357,108 |  |

| Amounts advanced | 50,000 |  | 314,790 |  |

| Amounts repaid | (91,371 | ) | (357,108 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 273,419 |  | 314,790 |  |

16. | ULTIMATE CONTROLLING PARTY

| JMAC Hire and Sales Limited is a wholly owned subsidiary of JMAC Group (Holdings) Limited, registered office: J Mac House, 22 Portrack Grange Road, Stockton on Tees, TS18 2PH.