Ruby Plant Hire Ltd - Filleted accounts

Registered number

10563084

Ruby Plant Hire Ltd

Filleted Accounts

31 January 2026

Ruby Plant Hire Ltd
Registered number:		10563084
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		767,894			602,103

Current assets
Debtors	4	389,294			299,620
Cash at bank and in hand		29,881			4,555
		419,175			304,175

Creditors: amounts falling due within one year	5	(223,317)			(290,270)

Net current assets			195,858			13,905

Total assets less current liabilities			963,752			616,008

Creditors: amounts falling due after more than one year	6		(265,148)			(144,054)

Deferred taxation			(152,455)			(95,809)


Net assets			546,149			376,145

Capital and reserves
Called up share capital			100			100
Profit and loss account			546,049			376,045

Shareholders' funds			546,149			376,145

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.




Robert Matthews
Director
Approved by the board on 6 October 2026

Ruby Plant Hire Ltd
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
	Hire income is recognised over the period of hire as the service is provided; invoiced amounts reflect the value of services delivered. Amounts are stated net of VAT and discounts. 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	20% Reducing Balance
	Motor Vehicles	20% Reducing Balance

	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.

	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.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			3		3
	(Including Directors)

3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	1,687,347		20,669		1,708,016
	Additions	360,056		10,030		370,086
	Disposals	(35,750)		-		(35,750)
	At 31 January 2026	2,011,653		30,699		2,042,352

	Depreciation
	At 1 February 2025	1,098,472		7,441		1,105,913
	Charge for the year	187,322		4,652		191,974
	On disposals	(23,429)		-		(23,429)
	At 31 January 2026	1,262,365		12,093		1,274,458

	Net book value
	At 31 January 2026	749,288		18,606		767,894
	At 31 January 2025	588,875		13,228		602,103


4	Debtors			2026		2025
£					£

	Trade debtors			378,474		149,425
	Other debtors			10,820		150,195
				389,294		299,620


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

	Bank loans and overdrafts			3,333		10,000
	Obligations under finance lease and hire purchase contracts			163,154		154,637
	Trade creditors			56,771		99,021
	Taxation and social security costs			15		25,447
	Other creditors			44		1,165
				223,317		290,270


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

	Bank loans			-		3,333
	Obligations under finance lease and hire purchase contracts			265,148		140,721
				265,148		144,054
7	Loans			2026		2025
£					£
	Creditors include:

	Secured obligations under finance lease and hire purchase			428,301		295,383

	Obligations under finance lease and hire purchase contracts are secured on the assets concerned.


8	Deferred taxation

	At 31 January 2026 the company recognised a deferred tax liability of £152,455 (2025: £95,809), arising principally from accelerated capital allowances on plant and vehicles. The tax credit for the year arises mainly from the movement in deferred tax on these timing differences; there are no unrecognised deferred tax assets.


9	Other information

	Ruby Plant Hire Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Suite 2 Mitchell House
	Brook Lane
	Warsash
	Hampshire
	SO31 9HP