Caseware UK (AP4) 2023.0.135 2023.0.135 2025-02-282025-02-28true11truetrue2024-03-01Hire of plant and machineryfalse 11826968 2024-03-01 2025-02-28 11826968 2023-03-01 2024-02-29 11826968 2025-02-28 11826968 2024-02-29 11826968 c:Director1 2024-03-01 2025-02-28 11826968 d:CurrentFinancialInstruments 2025-02-28 11826968 d:CurrentFinancialInstruments 2024-02-29 11826968 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 11826968 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11826968 d:ShareCapital 2025-02-28 11826968 d:ShareCapital 2024-02-29 11826968 d:RetainedEarningsAccumulatedLosses 2025-02-28 11826968 d:RetainedEarningsAccumulatedLosses 2024-02-29 11826968 c:EntityNoLongerTradingButTradedInPast 2024-03-01 2025-02-28 11826968 c:FRS102 2024-03-01 2025-02-28 11826968 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11826968 c:FullAccounts 2024-03-01 2025-02-28 11826968 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11826968 2 2024-03-01 2025-02-28 11826968 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure
Registered number: 11826968






ONE CENT HIRE LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










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ONE CENT HIRE LTD
REGISTERED NUMBER:11826968

BALANCE SHEET
AS AT 28 FEBRUARY 2025

2025
2024
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
28
28

Cash at bank and in hand
 4 
294
960

  
322
988

Creditors: amounts falling due within one year
 5 
(4,577)
(4,327)

Net current liabilities
  
 
 
(4,255)
 
 
(3,339)

Total assets less current liabilities
  
(4,255)
(3,339)

  

Net liabilities
  
(4,255)
(3,339)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(4,256)
(3,340)

  
(4,255)
(3,339)


Page 1

 
ONE CENT HIRE LTD
REGISTERED NUMBER:11826968
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025

For the year ended 28 February 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 March 2025.




G Deninski
Director

Page 2

 
ONE CENT HIRE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.


General information

One Cent Hire Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is C/O Venthams Ltd, Unit 8, Phoenix House, Kings Mill Lane, Redhill, Surrey, RH1 5JY. 
The principal activity of the company continues to be the hire of plant and machinery within the construction industry. The company ceased trading 1 March 2022.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Going concern

Despite the company having net liabilities, the company will continue as a going concern due to the continued support of the director.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
ONE CENT HIRE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

3.


Debtors

2025
2024
£
£


Other debtors
28
28

28
28



4.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
294
960

294
960



5.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
94
-

Amounts owed to group undertakings
3,907
3,907

Accruals and deferred income
576
420

4,577
4,327


 
Page 4