Neil's Plant Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06851908 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

NEIL'S PLANT HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N A Whatling

Mrs L M Whatling

REGISTERED OFFICE:

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

REGISTERED NUMBER:

06851908 (England and Wales)

ACCOUNTANTS:

GreenStones Limited

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

FIXED ASSETS

Tangible assets

4

1,525,204

2,092,114

CURRENT ASSETS

Debtors

5

578,957

338,247

Investments

6

51

Cash at bank

-

22,668

579,008

360,966

CREDITORS

Amounts falling due within one
year

7

1,077,550

1,014,457

NET CURRENT LIABILITIES

(498,542

)

(653,491

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,026,662

1,438,623

CREDITORS

Amounts falling due after more
than one year

8

(478,830

)

(892,924

)

PROVISIONS FOR LIABILITIES

(223,175

)

(222,765

)

NET ASSETS

324,657

322,934

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

324,655

322,932

SHAREHOLDERS' FUNDS

324,657

322,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 July 2026 and were signed on its behalf by:

N A Whatling - Director

Mrs L M Whatling - Director

1.	STATUTORY INFORMATION

Neil's Plant Holdings 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.

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 as modified by the revaluation of certain assets.

Changes in accounting estimates

From the 1 May 2019 the depreciation policy for Plant and Machinery was changed from

25% reducing balance to 15% reducing balance to better reflect the useful economic lives of

the assets.

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.

Plant and machinery

-

25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance and 20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 May 2025

3,030,784

185,903

9,849

3,226,536

Additions

10,500

-

10,500

Disposals

(496,000

)

(7,098

)

-

(503,098

)

At 30 April 2026

2,545,284

178,805

9,849

2,733,938

DEPRECIATION

At 1 May 2025

1,021,103

105,016

8,303

1,134,422

Charge for year

261,493

19,537

456

281,486

Eliminated on disposal

(202,817

)

(4,357

)

-

(207,174

)

At 30 April 2026

1,079,779

120,196

8,759

1,208,734

NET BOOK VALUE

At 30 April 2026

1,465,505

58,609

1,090

1,525,204

At 30 April 2025

2,009,681

80,887

1,546

2,092,114

Cost or valuation at 30 April 2026 is represented by:

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

Valuation in 2021

2,545,284

178,805

9,849

2,733,938

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

352,800

-

Amounts owed by group undertakings

221,885

334,396

Other debtors

4,272

3,851

578,957

338,247

6.	CURRENT ASSET INVESTMENTS

2026

2025

£

Unlisted investments

51

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

8,773

10,289

Hire purchase contracts

389,151

445,845

Taxation and social security

88,793

6,490

Other creditors

590,833

551,833

1,077,550

1,014,457

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2026

2025

£

Bank loans

-

8,773

Hire purchase contracts

478,830

884,151

478,830

892,924

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2026 and 30 April 2025:

2026

2025

£

N A Whatling and Mrs L M Whatling

Balance outstanding at start of year

(536,783

)

(516,783

)

Amounts repaid

(54,000

)

(20,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(590,783

)

(536,783

)

This loan is unsecured and interest free.

The directors have personally guaranteed the outstanding hire purchase liability. At the balance sheet date the company owed £867,981 (2025: £1,329,996).

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N A Whatling.