Company Registration No. 11854480 (England and Wales)
Trac Plant Hire Limited
Unaudited accounts
for the year ended 31 March 2026
Trac Plant Hire Limited
Unaudited accounts
Contents
Trac Plant Hire Limited
Company Information
for the year ended 31 March 2026
Directors
Mr O Clegg
Mr S C Togher
Company Number
11854480 (England and Wales)
Registered Office
Harben House
Harben Parade
Finchley Road
London
NW3 6LH
United Kingdom
Accountants
SHC Accountants Limited
19 Rochester Way
Croxley Green
Rickmansworth
Hertfordshire
WD3 3NE
Trac Plant Hire Limited
Statement of financial position
as at 31 March 2026
Tangible assets
20,974
26,217
Cash at bank and in hand
2,541
9,054
Creditors: amounts falling due within one year
(13,625)
(17,176)
Net current liabilities
(11,084)
(8,122)
Called up share capital
99
99
Profit and loss account
9,791
17,996
Shareholders' funds
9,890
18,095
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2026 and were signed on its behalf by
Mr O Clegg
Director
Company Registration No. 11854480
Trac Plant Hire Limited
Notes to the Accounts
for the year ended 31 March 2026
Trac Plant Hire Limited is a private company, limited by shares, registered in England and Wales, registration number 11854480. The registered office is Harben House, Harben Parade, Finchley Road, London, NW3 6LH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on NBV
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on material timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
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 assets and liabilities are not discounted.
Trac Plant Hire Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
-
3,586
Trade creditors
1,190
(18,240)
Other creditors
12,035
14,564
6
Average number of employees
During the year the average number of employees was 0 (2025: 0).