Haines Plant and Construction Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07513927 (England and Wales)

Haines Plant and Construction Limited

Unaudited Financial Statements

for the Year Ended 28 February 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M T Haines

J M Haines

REGISTERED OFFICE:

Unit 2 Dunheved Court

Pennygillam Way

Pennygillam Industrial Estate

Launceston

Cornwall

PL15 7ED

REGISTERED NUMBER:

07513927 (England and Wales)

ACCOUNTANTS:

ATC Advisors

Chartered Accountants

Unit 2 Dunheved Court

Pennygillam Way

LAUNCESTON

Cornwall

PL15 7ED

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

477,254

275,645

477,254

275,645

CURRENT ASSETS

Stocks

5,000

8,000

Debtors

6

88,409

118,489

Cash at bank

151,695

125,968

245,104

252,457

CREDITORS

Amounts falling due within one year

7

342,961

286,119

NET CURRENT LIABILITIES

(97,857

)

(33,662

)

TOTAL ASSETS LESS CURRENT LIABILITIES

379,397

241,983

PROVISIONS FOR LIABILITIES

113,351

68,911

NET ASSETS

266,046

173,072

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

265,046

172,072

SHAREHOLDERS' FUNDS

266,046

173,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 30 June 2026 and were signed on its behalf by:

M T Haines - Director

J M Haines - Director

1.	STATUTORY INFORMATION

Haines Plant and Construction 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax

Goodwill

Goodwill was amortised on a straight-line basis, and has been fully amortised.

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Depreciation has been applied and pro-rated from the month in which the acquisition took place.

Stocks and work in progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

The cost of stock and work in progress comprises direct material and where applicable, direct labour costs that have been incurred in bringing the inventories to their present location and condition. 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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

10,000

AMORTISATION

At 1 March 2025

and 28 February 2026

10,000

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 March 2025

569,940

12,000

632

582,572

Additions

268,058

29,370

740

298,168

Disposals

(39,900

)

-

(39,900

)

At 28 February 2026

798,098

41,370

1,372

840,840

DEPRECIATION

At 1 March 2025

303,906

2,499

522

306,927

Charge for year

88,729

5,161

90

93,980

Eliminated on disposal

(37,321

)

-

(37,321

)

At 28 February 2026

355,314

7,660

612

363,586

NET BOOK VALUE

At 28 February 2026

442,784

33,710

760

477,254

At 28 February 2025

266,034

9,501

110

275,645

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

88,409

118,489

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

128,006

73,095

Taxation and social security

21,102

46,664

Other creditors

193,853

166,360

342,961

286,119

8.	ULTIMATE CONTROLLING PARTY

The director M T Haines Esq is the ultimate controlling party.