BF PLANT SALES/HIRE LTD - Filleted accounts

Registered number

07000692

BF PLANT SALES/HIRE LTD

Filleted Accounts

31 October 2025

BF PLANT SALES/HIRE LTD
Registered number:		07000692
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			2,815
Investments	4		460,879			145,761
			460,879			148,576

Current assets
Stocks		-			275,970
Debtors	5	-			2,939
Cash at bank and in hand		607			33,530
		607			312,439

Creditors: amounts falling due within one year	6	(374,334)			(403,265)

Net current liabilities			(373,727)			(90,826)

Net assets			87,152			57,750

Capital and reserves
Called up share capital			1			1
Profit and loss account			87,151			57,749

Shareholder's funds			87,152			57,750

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C B Foley
Director
Approved by the board on 29 July 2026

BF PLANT SALES/HIRE LTD
Notes to the Accounts
for the period from 1 September 2024 to 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance method
	Fixtures, fittings, tools and equipment	25% reducing balance method

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	19,859		21,200		41,059
	Disposals	(19,859)		(21,200)		(41,059)
	At 31 October 2025	-		-		-

	Depreciation
	At 1 September 2024	17,939		20,305		38,244
	Charge for the period	480		224		704
	On disposals	(18,419)		(20,529)		(38,948)
	At 31 October 2025	-		-		-

	Net book value
	At 31 October 2025	-		-		-
	At 31 August 2024	1,920		895		2,815


4	Investments
Investments in
overseas
undertakings
£
	Cost
	At 1 September 2024					145,761
	Additions					315,118

	At 31 October 2025					460,879


5	Debtors			2025		2024
£					£

	VAT and Corporation tax repayment			-		1,262
	Deferred tax asset			-		1,677
				-		2,939


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Taxation and social security costs			3,953		5,292
	Other creditors			370,381		397,973
				374,334		403,265


7	Related party transactions

	The company is also related to the following: Heavy Iron Plant Ltd Mr B Foley is the majority shareholder and director of the above company, located in Canada. The balance of Loan outstanding by Heavy Iron Plant Ltd to BF Plant Sales/Hire Ltd at 31 October 2025 was £460,879 (2024 - £145,761).


8	Other information

	BF PLANT SALES/HIRE LTD is a private company limited by shares and incorporated in England. Its registered office is:
	23D Commonside East
	Mitcham
	CR4 2QA