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Registered number: 13173620
Southern Structures Plant Hire Limited
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—5
Page 1
Balance Sheet
Registered number: 13173620
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,287,061 2,256,107
2,287,061 2,256,107
CURRENT ASSETS
Debtors 5 18,926 -
Cash at bank and in hand 13,197 56,217
32,123 56,217
Creditors: Amounts Falling Due Within One Year 6 (1,128,508 ) (1,089,677 )
NET CURRENT ASSETS (LIABILITIES) (1,096,385 ) (1,033,460 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,190,676 1,222,647
Creditors: Amounts Falling Due After More Than One Year 7 (390,973 ) (452,716 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (534,936 ) (526,747 )
NET ASSETS 264,767 243,184
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 264,766 243,183
SHAREHOLDERS' FUNDS 264,767 243,184
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 L J Blanchard
Director
18 August 2026
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Southern Structures Plant Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13173620 . The registered office is 24 Picton House Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. 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. Significant judgements and estimations
In preparing the financial statements in accordance with FRS 102, management is required to make judgements,
estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets,
liabilities, income, and expenses. Actual results may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised if the revision affects only that period or in the period of
the revision and future periods if the revision affects both current and future periods.
2.4. 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.
2.5. 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 25% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Office and Computer Equipment 25% Reducing Balance
2.6. 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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Page 3
2.7. 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 during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Office and Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 3,067,871 558,162 37,004 37,261 3,700,298
Additions 386,300 244,901 - 6,902 638,103
Disposals - (26,633 ) - - (26,633 )
As at 31 December 2025 3,454,171 776,430 37,004 44,163 4,311,768
Depreciation
As at 1 January 2025 1,212,694 198,365 18,479 14,653 1,444,191
Provided during the period 490,201 95,128 3,705 6,321 595,355
Disposals - (14,839 ) - - (14,839 )
As at 31 December 2025 1,702,895 278,654 22,184 20,974 2,024,707
Net Book Value
As at 31 December 2025 1,751,276 497,776 14,820 23,189 2,287,061
As at 1 January 2025 1,855,177 359,797 18,525 22,608 2,256,107
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Page 4
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Plant & Machinery 681,233 832,961
Motor Vehicles 242,254 221,638
923,487 1,054,599
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,880 -
Other debtors 16,046 -
18,926 -
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 397,307 319,100
Trade creditors 33,508 25,011
Amounts owed to group undertakings 655,345 685,637
Other creditors 42,348 45,024
Taxation and social security - 14,905
1,128,508 1,089,677
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 365,735 391,898
Other creditors 25,238 60,818
390,973 452,716
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 397,307 319,100
Later than one year and not later than five years 365,735 391,898
763,042 710,998
763,042 710,998
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Page 5
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Contingent Liabilities
The company has given cross guarantees over their assets relating to the borrowing of the parent company. The guarantee was put in place on 07 June 2024. The outstanding loan balance at 31 December 2025 can be found in the financial statements of the smallest group in which the company's results are consolidated is that of Southern Structures Holdings Limited whose registered office address is; 24 Picton House Hussar Court, Waterlooville, Hampshire, United Kingdom, PO7 7SQ, company number:13163563.
11. Related Party Transactions
The company has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.
12. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
13. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Southern Structures Holdings Limited by virtue of their interest in the share capital of the company. Southern Structures Holdings Limited was incorporated in the United Kingdom. Copies of the group accounts may be obtained from 24 Picton House, Hussar Court, Waterlooville, Hampshire, England, PO7 7SQ. The ultimate controlling party is Mr Luke Jonathon Blanchard.
14. Audit Information
The auditor's report on the accounts of Southern Structures Plant Hire Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Katie Wood FCA FCCA (Senior Statutory Auditor) for and on behalf of JWR Audit Limited , Statutory Auditor.
JWR Audit Limited
24 Picton House Hussar Court
Westside View
Waterlooville
PO7 7SQ
Page 5