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REGISTERED NUMBER: 02716468 (England and Wales)











Unaudited Cessation Financial Statements

for the Period 1 January 2024 to 31 March 2025

for

Able Hire Limited

Able Hire Limited (Registered number: 02716468)

Contents of the Financial Statements
for the Period 1 January 2024 to 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Able Hire Limited

Company Information
for the Period 1 January 2024 to 31 March 2025







DIRECTORS: Mrs V L Stewart
Mrs S B Wagstaff
P F Wagstaff





SECRETARY: Mrs V L Stewart





REGISTERED OFFICE: 4 Enterprise Court
Downmill Road
Bracknell
Berkshire
RG12 1QS





REGISTERED NUMBER: 02716468 (England and Wales)





ACCOUNTANTS: Butt Miller
Chartered Accountants
1 Minster Court
Tuscam Way
Camberley
Surrey
GU15 3YY

Able Hire Limited (Registered number: 02716468)

Balance Sheet
31 March 2025

2025 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 7,505

CURRENT ASSETS
Debtors 5 - 34,028
Cash at bank 24,291 7,793
24,291 41,821
CREDITORS
Amounts falling due within one year 6 (692 ) (14,373 )
NET CURRENT ASSETS 23,599 27,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,599

34,953

CREDITORS
Amounts falling due after more than one
year

7

-

(2,833

)
NET ASSETS 23,599 32,120

CAPITAL AND RESERVES
Called up share capital 17,800 17,800
Retained earnings 5,799 14,320
23,599 32,120

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:




Mrs S B Wagstaff - Director


Able Hire Limited (Registered number: 02716468)

Notes to the Financial Statements
for the Period 1 January 2024 to 31 March 2025


1. STATUTORY INFORMATION

Able Hire Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The period end has been extended and encompasses all of the transactions undertaken during this cessation period. As a result the comparatives, including the notes, are not entirely comparable. The directors intend to close the company at the earliest opportunity.

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.
Hire vehicles - at varying rates on cost

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

Able Hire Limited (Registered number: 02716468)

Notes to the Financial Statements - continued
for the Period 1 January 2024 to 31 March 2025


4. TANGIBLE FIXED ASSETS
Hire
vehicles
£   
COST
At 1 January 2024 32,401
Disposals (32,401 )
At 31 March 2025 -
DEPRECIATION
At 1 January 2024 24,896
Charge for period 2,005
Eliminated on disposal (26,901 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 December 2023 7,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Trade debtors - 3,013
Other debtors - 31,015
- 34,028

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2023
£    £   
Bank loans - 2,000
Taxation and social security 281 2,625
Other creditors 411 9,748
692 14,373

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2023
£    £   
Bank loans - 2,833

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors, amounts falling due within one year, are loans from the directors amounting to £161 (2023 - £9,248). The loans are unsecured, interest free and repayable on demand.