Double M Plant Hire Limited - Filleted accounts

Registered number

03267602

Double M Plant Hire Limited

Filleted Accounts

31 January 2026

Double M Plant Hire Limited
Registered number:		03267602
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		680,224			742,229

Current assets
Stocks		31,507			21,287
Debtors	4	109,424			106,782
		140,931			128,069

Creditors: amounts falling due within one year	5	(243,544)			(225,513)

Net current liabilities			(102,613)			(97,444)

Total assets less current liabilities			577,611			644,785

Creditors: amounts falling due after more than one year	6		(385,146)			(432,741)

Provisions for liabilities			(60,875)			(60,875)


Net assets			131,590			151,169

Capital and reserves
Called up share capital			100			100
Profit and loss account			131,490			151,069

Shareholders' funds			131,590			151,169

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




M G Silvester
Director
Approved by the board on 8 October 2026

Double M Plant Hire Limited
Notes to the Accounts
for the year ended 31 January 2026


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:

	Leasehold land and buildings			over the lease term
	Plant and machinery			10% reducing balance
	Motor vehicles			25% reducing balance

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					6		6


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	20,700		1,385,519		106,778		1,512,997
	Disposals	-		(15,900)		-		(15,900)
	At 31 January 2026	20,700		1,369,619		106,778		1,497,097

	Depreciation
	At 1 February 2025	8,300		679,125		83,343		770,768
	Charge for the year	414		56,157		2,919		59,490
	On disposals	-		(13,385)		-		(13,385)
	At 31 January 2026	8,714		721,897		86,262		816,873

	Net book value
	At 31 January 2026	11,986		647,722		20,516		680,224
	At 31 January 2025	12,400		706,394		23,435		742,229


4	Debtors					2026		2025
£							£

	Trade debtors					109,424		106,782


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					55,498		51,592
	Obligations under finance lease and hire purchase contracts					122,092		126,455
	Trade creditors					20,084		24,135
	Taxation and social security costs					44,270		21,731
	Other creditors					1,600		1,600
						243,544		225,513


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					88,592		79,741
	Obligations under finance lease and hire purchase contracts					280,554		328,500
	Other creditors					16,000		24,500
						385,146		432,741


7	Loans					2026		2025
£							£
	Creditors include:

	Secured bank loans					491,238		534,696



8	Other information

	Double M Plant Hire Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Raleigh Hall Industrial Estate
	Eccleshall
	Staffordshire
	ST21 6JL