Height Lift & Shift Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—8

1. General Information

Height Lift & Shift Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07566686 . The registered office is 4 Carrwood Park, Selby Road, Leeds, West Yorkshire, LS15 4LG.

These financial statements are prepared in sterling (GBP), which is the functional currency of the company. Monetary amounts are rounded to the nearest pound.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention, except as disclosed in the accounting policies certain items are shown at fair value. They are also prepared 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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

2.4. Tangible Fixed Assets and Depreciation

The directors re-assessed plant and machinery at 31 December 2024, revising the useful economic life and the net worth to the company. The revised accounting policy is that plant and machinery owned at that date will be stated in the financial statements at current value and will be written off over its remaining useful economic life starting from 01 January 2025. Additions to plant and machinery from that date will be stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses

Other tangible fixed assets are stated in the financial statements at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of these tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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 a straight line basis at varying rates, as follows:

Plant & Machinery	10% to 25%
Motor Vehicles	25%

Had there not been any change in the basis of reporting for plant and machinery at the end of the financial year the net book value would have been £39,501 lower. This value has been taken directly to revaluation reserves. The change had no impact on the depreciation charged in the year.

2.5. Leasing and Hire Purchase Contracts

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.

Assets obtained under finance leases and hire purchase contracts are capitalised as tangible fixed assets. Those acquired under finance leases are depreciated over the shorter of the lease term and their useful economic lives. Assets acquired under hire purchase contracts are depreciated over their useful economic lives.

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 on a straight line basis over the period of the lease.

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Height Lift & Shift Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

2.7. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

2.9. Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised as an employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2.10. Government Grant

Grants received are deducted from the cost of expenditure where the expenditure relates to fixed assets or short life projects with the net cost written off over the useful economic life of the asset or the project. Other grants are included in the financial statements as Other Income.

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

2.11. Dividends

Dividend distributions to the company's shareholder is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2.12. Cash, Trade Debtors and Trade Creditors

Cash and Cash Equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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Height Lift & Shift Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.13. Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

2.14. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 10)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	162,596	120,713	283,309
Additions	43,259	-	43,259
Disposals	(21,542 )	(55,108 )	(76,650 )

As at 31 December 2025	184,313	65,605	249,918

Depreciation
As at 1 January 2025	7,638	72,396	80,034
Provided during the period	21,022	17,730	38,752
Impairment losses	2,910	-	2,910
Disposals	(3,103 )	(43,574 )	(46,677 )

As at 31 December 2025	28,467	46,552	75,019

Net Book Value
As at 31 December 2025	155,846	19,053	174,899

As at 1 January 2025	154,958	48,317	203,275

The revaluation of plant in terms of value and useful economic life was undertaken by the directors with effect from the close of business on 31 December 2024.

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	19,053	28,579

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Height Lift & Shift Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Cost or valuation as at 31 December 2025 represented by:

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
At cost	36,863	65,605	102,468
At valuation	147,450	-	147,450

	184,313	65,605	249,918

Plant was revalued at 31 December 2024, additions since are at cost.

If the following tangible fixed assets had been accounted for under historical cost accounting rules, the amounts would be:

	Plant & Machinery
	£
Cost	173,399
Accumulated depreciation and impairment	94,878

Carrying amount	78,521

5. Stocks

	2025	2024
	£	£
Stock	328,999	316,139
Finished goods	17,001	24,657
Work in progress	5,319	3,201

	351,319	343,997

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	283,044	277,796
Prepayments and accrued income	74,905	82,553
Other debtors	27,124	8,448

	385,073	368,797

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Height Lift & Shift Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,786	8,960
Trade creditors	220,671	259,555
Corporation tax	36,200	22,450
Other taxes and social security	10,957	8,970
VAT	40,123	39,977
Pension scheme creditor	249	578
Accruals and deferred income	115,255	120,263
Amounts owed to group undertakings	6,271	6,040

	439,512	466,793

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	9,786
Trade creditors	259,098	271,854

	259,098	281,640

9. Secured Creditors

Of the creditors the following amounts are secured, on the assets concerned.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	-		18,746

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	9,786	8,960
Later than one year and not later than five years	-	9,786

	9,786	18,746

	9,786	18,746

11. Deferred Taxation

The provision for deferred tax arises from accelerated capital allowances:

	2025	2024
	£	£
Other timing differences	34,575	40,945

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Height Lift & Shift Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

13. Other Commitments

The company is obliged to give notice on a number of contracts, which commits them to the following costs, which would fall into the next financial year:

	2025	2024
	£	£
Not later than one year	11,687	10,335

	11,687	10,335

14. Pension Commitments

The company operates a defined contribution pension scheme for all employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £249 (2024 - £578) were due to the fund. They are included in Other Creditors.

15. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	85,501	10,000

16. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 January 2025	39,501	250,505
Profit for the year and total comprehensive income	-	91,068

Dividends paid	-	(85,501)
Transfer from revaluation reserve	-	1,653
Transfer to/from Profit & Loss Account	(1,653 )	-

As at 31 December 2025	37,848	257,725

17. Related Party Transactions

Summary of transactions with parent company

Dividends payable by this company to the parent company are passed directly onto the shareholders of that company.

At the end of the financial year the company owed the parent company the sum of £6,271 (2024 - £6,040).

18. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Yorkshire Peaks Investments Ltd . Yorkshire Peaks Investments Ltd was incorporated in England and Wales. Copies of their financial statements may be obtained from the secretary, 4 Carrwood Park, Selby Road, Leeds, West Yorkshire, LS15 4LG . The ultimate controlling party is Yorkshire Peaks Investments Ltd who controls 100% of the shares of Height Lift & Shift Limited .

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		174,899		203,275

			174,899		203,275
CURRENT ASSETS
Stocks	5	351,319		343,997
Debtors	6	385,073		368,797
Cash at bank and in hand		127,467		173,315

		863,859		886,109
Creditors: Amounts Falling Due Within One Year	7	(439,512 )		(466,793 )

NET CURRENT ASSETS (LIABILITIES)			424,347		419,316

TOTAL ASSETS LESS CURRENT LIABILITIES			599,246		622,591

Creditors: Amounts Falling Due After More Than One Year	8		(259,098 )		(281,640 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	11		(34,575 )		(40,945 )

NET ASSETS			305,573		300,006

CAPITAL AND RESERVES
Called up share capital	12		10,000		10,000
Revaluation reserve	16		37,848		39,501
Profit and Loss Account			257,725		250,505

SHAREHOLDERS' FUNDS			305,573		300,006