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Registered number: 15629324
Smart Plant And Tool Hire Limited
Financial Statements
For The Year Ended 30 April 2026
ADC Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 15629324
30 April 2026 30 April 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 310,577 235,786
310,577 235,786
CURRENT ASSETS
Debtors 5 193,361 77,110
Cash at bank and in hand 26,746 33,060
220,107 110,170
Creditors: Amounts Falling Due Within One Year 6 (269,405 ) (174,351 )
NET CURRENT ASSETS (LIABILITIES) (49,298 ) (64,181 )
TOTAL ASSETS LESS CURRENT LIABILITIES 261,279 171,605
Creditors: Amounts Falling Due After More Than One Year 7 (243,583 ) (228,029 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,063 ) -
NET ASSETS/(LIABILITIES) 10,633 (56,424 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 10,533 (56,524 )
SHAREHOLDERS' FUNDS 10,633 (56,424)
Page 1
Page 2
For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
On behalf of the board
Mr Peter Kay
Director
Mrs Kim Kay
Director
01/07/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Smart Plant And Tool Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15629324 . The registered office is 56-61 Waterloo Road, Widnes, Cheshire, WA8 0PY.
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 or collection of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the dates of equipment hire. Turnover is only recognised in the period the hire takes place.
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 33% Amoritisation of Hire stock
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
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.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 2)
7 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2025 347,485 2,012 1,682 351,179
Additions 227,153 - - 227,153
As at 30 April 2026 574,638 2,012 1,682 578,332
Depreciation
As at 1 May 2025 114,670 302 421 115,393
Provided during the period 151,790 257 315 152,362
As at 30 April 2026 266,460 559 736 267,755
...CONTINUED
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Net Book Value
As at 30 April 2026 308,178 1,453 946 310,577
As at 1 May 2025 232,815 1,710 1,261 235,786
5. Debtors
30 April 2026 30 April 2025
£ £
Due within one year
Trade debtors 187,411 64,391
Other debtors 5,950 12,719
193,361 77,110
6. Creditors: Amounts Falling Due Within One Year
30 April 2026 30 April 2025
£ £
Net obligations under finance lease and hire purchase contracts 55,096 43,733
Trade creditors 125,000 125,418
Other creditors 62,166 5,200
Taxation and social security 27,143 -
269,405 174,351
7. Creditors: Amounts Falling Due After More Than One Year
30 April 2026 30 April 2025
£ £
Net obligations under finance lease and hire purchase contracts 43,683 28,129
Other creditors 199,900 199,900
243,583 228,029
Page 5
Page 6
8. Obligations Under Finance Leases and Hire Purchase
30 April 2026 30 April 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 55,096 43,733
Later than one year and not later than five years 43,683 28,129
98,779 71,862
98,779 71,862
9. Share Capital
30 April 2026 30 April 2025
£ £
Allotted, Called up and fully paid 100 100
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