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REGISTERED NUMBER: 09880095















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2024

FOR

HIRE365 LTD

HIRE365 LTD (REGISTERED NUMBER: 09880095)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 29 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIRE365 LTD

COMPANY INFORMATION
for the year ended 29 NOVEMBER 2024







DIRECTOR: K Kimitri





REGISTERED OFFICE: 44 Boulevard
Weston-Super-Mare
BS23 1NF





REGISTERED NUMBER: 09880095





ACCOUNTANTS: Randall Robinson
Chartered Certified Accountants
Office 3.14
85 Gresham Street
London
EC2V 7NQ

HIRE365 LTD (REGISTERED NUMBER: 09880095)

BALANCE SHEET
29 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 861,571 1,129,061

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 5 652,515 892,964
Cash at bank 2,979 19,295
657,494 914,259
CREDITORS
Amounts falling due within one year 6 1,009,344 962,655
NET CURRENT LIABILITIES (351,850 ) (48,396 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

509,721

1,080,665

CREDITORS
Amounts falling due after more than
one year

7

397,271

535,579
NET ASSETS 112,450 545,086

HIRE365 LTD (REGISTERED NUMBER: 09880095)

BALANCE SHEET - continued
29 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 112,350 544,986
112,450 545,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2024 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.

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:





K Kimitri - Director


HIRE365 LTD (REGISTERED NUMBER: 09880095)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 29 NOVEMBER 2024


1. STATUTORY INFORMATION

Hire365 Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2023 - 4 ) .

HIRE365 LTD (REGISTERED NUMBER: 09880095)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 29 NOVEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 30 November 2023 6,254 1,882,775 1,889,029
Additions - 19,503 19,503
At 29 November 2024 6,254 1,902,278 1,908,532
DEPRECIATION
At 30 November 2023 6,254 753,714 759,968
Charge for year - 286,993 286,993
At 29 November 2024 6,254 1,040,707 1,046,961
NET BOOK VALUE
At 29 November 2024 - 861,571 861,571
At 29 November 2023 - 1,129,061 1,129,061

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 217,852 592,209
Other debtors 434,663 300,755
652,515 892,964

HIRE365 LTD (REGISTERED NUMBER: 09880095)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 29 NOVEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,818 6,818
Trade creditors 97,923 81,653
Taxation and social security 18,753 25,989
Other creditors 885,850 848,195
1,009,344 962,655

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2024 2023
£    £   
Bank loans 146,295 242,649
Other creditors 250,976 292,930
397,271 535,579