Humberside Plant Hire Ltd.

	Page
Company Information	1
Abridged Balance Sheet	2—3
Notes to the Abridged Financial Statements	4—6

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Abridged Balance Sheet

As At 30 June 2025

Abridged Balance Sheet

Registered number: 02525085

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,398,389		849,853

			1,398,389		849,853
CURRENT ASSETS
Stocks		176,846		147,372
Debtors		215,957		226,901

		392,803		374,273
Creditors: Amounts Falling Due Within One Year		(1,102,991 )		(911,004 )

NET CURRENT ASSETS (LIABILITIES)			(710,188 )		(536,731 )

TOTAL ASSETS LESS CURRENT LIABILITIES			688,201		313,122

Creditors: Amounts Falling Due After More Than One Year			(349,923 )		(192,862 )

NET ASSETS			338,278		120,260

CAPITAL AND RESERVES
Called up share capital	5		100		100
Revaluation reserve			82,000		82,000
Profit and Loss Account			256,178		38,160

SHAREHOLDERS' FUNDS			338,278		120,260

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Humberside Plant Hire Ltd.

Abridged Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr R M Hoe

Director

5th June 2026

The notes on pages 4 to 6 form part of these financial statements.

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Humberside Plant Hire Ltd.

Notes to the Abridged Financial Statements

For The Year Ended 30 June 2025

Notes to the Abridged Financial Statements

1. General Information

Humberside Plant Hire Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 02525085 . The registered office is Wood Farm, North Moor Lane, Cottingham, East Yorkshire, HU16 4JN.

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	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% reducing balance
Leased Plant	20% reducing balance - revaluation

From 30 June 2025, leased plant has changed to the revaluation basis.

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Humberside Plant Hire Ltd.

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 June 2025

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

2.7. Change In Accounting Estimate

The accounting policy for depreciation of leased plant has changed from the cost model to the revaluation model. Leased plant was previously depreciated on the basis of 20% reducing balance.

The revaluation method provides a fairer and more reliable representation of the pattern of consumption of the asset's economic benefits due to these assets typically holding their value or appreciating. These assets are professionally revalued regularly as a part of the businesses trade, this will be reflected in the statutory accounts at least every 3 years.

This has resulted in a significant gain on revaluation in the period, increasing profitability by £166,842.

It is estimated that this will lead to an ongoing increase in profits for the company.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 6)

4. Tangible Assets

	Total
	£
Cost or Valuation
As at 1 July 2024	2,407,206
Additions	592,950
Disposals	(31,200 )
Revaluation	(1,238,758 )

As at 30 June 2025	1,730,198

Depreciation
As at 1 July 2024	1,557,353
Provided during the period	200,527
Disposals	(20,472 )
On revaluations	(1,405,599 )

As at 30 June 2025	331,809

Net Book Value
As at 30 June 2025	1,398,389

As at 1 July 2024	849,853

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Humberside Plant Hire Ltd.

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 June 2025

6. Ultimate Controlling Party

The company's ultimate controlling party is Mr R M Hoe by virtue of his ownership of 100% of the issued share capital in the company.

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Director	Mr R M Hoe

Company Number	02525085

Registered Office	Wood Farm
	North Moor Lane
	Cottingham
	East Yorkshire
	HU16 4JN

Accountants	360 Accountants Limited
	19 Albion Street
	Hull
	East Yorkshire
	HU1 3TG

Bankers	Lloyds TSB Bank Plc
	1-7 George Street
	Hull
	East Yorkshire
	HU1 3BB