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REGISTERED NUMBER: 15336167 (England and Wales)










HIRE V LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 8 DECEMBER 2023 TO 31 MARCH 2025





Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB








HIRE V LTD (REGISTERED NUMBER: 15336167)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 DECEMBER 2023 TO 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIRE V LTD

COMPANY INFORMATION
FOR THE PERIOD 8 DECEMBER 2023 TO 31 MARCH 2025







DIRECTOR: Mr R Dinului-Mereantu





REGISTERED OFFICE: Cashs Business Centre
1st Floor, 228 Widdrington Road
Coventry
West Midlands
CV1 4PB





REGISTERED NUMBER: 15336167 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB
1
HIRE V LTD (REGISTERED NUMBER: 15336167)

BALANCE SHEET
31 MARCH 2025

Notes £   
FIXED ASSETS
Tangible assets 4 355,817

CURRENT ASSETS
Debtors 5 228,698
Cash at bank 243
228,941
CREDITORS
Amounts falling due within one year 6 (229,086 )
NET CURRENT LIABILITIES (145 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
355,672

CREDITORS
Amounts falling due after more than one
year
7
(186,140
)
NET ASSETS 169,532

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings 9 169,432
SHAREHOLDERS' FUNDS 169,532

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 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 notes form part of these financial statements

2
HIRE V LTD (REGISTERED NUMBER: 15336167)

BALANCE SHEET - continued
31 MARCH 2025


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 8 September 2025 and were signed by:





Mr R Dinului-Mereantu - Director


The notes form part of these financial statements

3
HIRE V LTD (REGISTERED NUMBER: 15336167)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 DECEMBER 2023 TO 31 MARCH 2025

1. STATUTORY INFORMATION

Hire V 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.

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.

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 - 20% on reducing balance
Storage and Office Containers - 20% on reducing balance
Motor vehicles - 20% on reducing balance

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.

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.

4
HIRE V LTD (REGISTERED NUMBER: 15336167)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 8 DECEMBER 2023 TO 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Storage
and
Plant and Office Motor
machinery Containers vehicles Totals
£    £    £    £   
COST
Additions 270,816 78,150 67,500 416,466
At 31 March 2025 270,816 78,150 67,500 416,466
DEPRECIATION
Charge for period 50,161 4,818 5,670 60,649
At 31 March 2025 50,161 4,818 5,670 60,649
NET BOOK VALUE
At 31 March 2025 220,655 73,332 61,830 355,817

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Storage
and
Plant and Office Motor
machinery Containers vehicles Totals
£    £    £    £   
COST
Additions 270,816 78,150 67,500 416,466
At 31 March 2025 270,816 78,150 67,500 416,466
DEPRECIATION
Charge for period 50,161 4,818 5,670 60,649
At 31 March 2025 50,161 4,818 5,670 60,649
NET BOOK VALUE
At 31 March 2025 220,655 73,332 61,830 355,817

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 227,193
VAT 1,505
228,698

5
HIRE V LTD (REGISTERED NUMBER: 15336167)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 8 DECEMBER 2023 TO 31 MARCH 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 64,006
Trade creditors 162,274
Directors' loan accounts 2,131
Accrued expenses 675
229,086

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 186,140

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

9. RESERVES
Retained
earnings
£   

Profit for the period 169,432
At 31 March 2025 169,432

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R Dinului-Mereantu.

6