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REGISTERED NUMBER: 09409186 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hire Frequencies Ltd

Hire Frequencies Ltd (Registered number: 09409186)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Hire Frequencies Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: W A Smith





REGISTERED OFFICE: 2B Haddo Street
Greenwich
London
SE10 9RN





REGISTERED NUMBER: 09409186 (England and Wales)





ACCOUNTANTS: Burnbecks Limited
Chartered Certified Accountants
2B Haddo Street
Greenwich
London
SE10 9RN

Hire Frequencies Ltd (Registered number: 09409186)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 725,231 670,815

CURRENT ASSETS
Debtors 543,741 440,923
Cash at bank and in hand 71,833 66,076
615,574 506,999
CREDITORS
Amounts falling due within one year 602,855 543,829
NET CURRENT ASSETS/(LIABILITIES) 12,719 (36,830 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

737,950

633,985

CREDITORS
Amounts falling due after more than one
year

(192,426

)

(212,387

)

PROVISIONS FOR LIABILITIES (125,257 ) (67,233 )
NET ASSETS 420,267 354,365

Hire Frequencies Ltd (Registered number: 09409186)

Abridged Balance Sheet - continued
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 420,247 354,345
SHAREHOLDERS' FUNDS 420,267 354,365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2025 and were signed by:





W A Smith - Director


Hire Frequencies Ltd (Registered number: 09409186)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Hire Frequencies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - over the term of the lease
Plant & machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire Frequencies Ltd (Registered number: 09409186)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 16 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 1,170,613
Additions 299,966
Disposals (118,515 )
At 31 March 2025 1,352,064
DEPRECIATION
At 1 April 2024 499,798
Charge for year 146,019
Eliminated on disposal (18,984 )
At 31 March 2025 626,833
NET BOOK VALUE
At 31 March 2025 725,231
At 31 March 2024 670,815

Hire Frequencies Ltd (Registered number: 09409186)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Totals
£   
COST
At 1 April 2024 656,481
Additions 189,719
Disposals (22,061 )
Transfer to ownership (218,722 )
At 31 March 2025 605,417
DEPRECIATION
At 1 April 2024 234,560
Charge for year 86,712
Eliminated on disposal (18,135 )
Transfer to ownership (118,711 )
At 31 March 2025 184,426
NET BOOK VALUE
At 31 March 2025 420,991
At 31 March 2024 421,921