REGISTERED NUMBER: 04698892 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Vertidrain Hire Co. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D A Ella

REGISTERED OFFICE:

2 Carr Lane

Blyton

Gainsborough

Lincolnshire

DN21 3LH

REGISTERED NUMBER:

04698892 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

49,384

65,846

CURRENT ASSETS

Stocks

350

350

Cash at bank

63,774

28,749

64,124

29,099

CREDITORS

Amounts falling due within one year

5

87,860

80,202

NET CURRENT LIABILITIES

(23,736

)

(51,103

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,648

14,743

CREDITORS

Amounts falling due after more than one year

6

(5,542

)

(9,042

)

PROVISIONS FOR LIABILITIES

(7,183

)

(3,676

)

NET ASSETS

12,923

2,025

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

12,823

1,925

12,923

2,025

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.

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 September 2025 and were signed by:

D A Ella - Director

1.	STATUTORY INFORMATION

Vertidrain Hire Co. 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.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

168,393

10,000

548

178,941

DEPRECIATION

At 1 April 2024

106,766

5,781

548

113,095

Charge for year

15,407

1,055

-

16,462

At 31 March 2025

122,173

6,836

548

129,557

NET BOOK VALUE

At 31 March 2025

46,220

3,164

-

49,384

At 31 March 2024

61,627

4,219

-

65,846

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

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

44,500

DEPRECIATION

At 1 April 2024

19,469

Charge for year

6,258

At 31 March 2025

25,727

NET BOOK VALUE

At 31 March 2025

18,773

At 31 March 2024

25,031

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

3,500

3,500

Tax

1

-

VAT

3,082

995

Directors' current accounts

80,628

75,058

Accrued expenses

649

649

87,860

80,202

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

5,542

9,042

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £3,970 (2024 - £1,000) were paid to the director .

8.	ULTIMATE CONTROLLING PARTY

The controlling party is D A Ella.