Registration number: 04320132

A4 Hire Limited

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 7

A4 Hire Limited

(Registration number: 04320132)
Balance Sheet as at 31 December 2024

	Note	2024 £	(As restated) 2023 £
Fixed assets
Tangible assets	5	861,760	731,449
Other financial assets	6	25,000	25,000
		886,760	756,449
Current assets
Debtors	7	244,667	168,965
Cash at bank and in hand		1,190,873	1,194,337
		1,435,540	1,363,302
Creditors: Amounts falling due within one year	8	(152,365)	(217,561)
Net current assets		1,283,175	1,145,741
Total assets less current liabilities		2,169,935	1,902,190
Provisions for liabilities		(215,440)	(160,545)
Net assets		1,954,495	1,741,645
Capital and reserves
Called up share capital		600	600
Capital redemption reserve		400	400
Retained earnings		1,953,495	1,740,645
Shareholders' funds		1,954,495	1,741,645

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 September 2025
 

A4 Hire Limited

(Registration number: 04320132)
Balance Sheet as at 31 December 2024

......................................... P G Folland Director

A4 Hire Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
30 St Giles'
Oxford
OX1 3LE

These financial statements were authorised for issue by the director on 17 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Prior period errors

In error a deferred tax provision was not included in the 2023 accounts.
Deferred tax arrises on the difference betwen tax written down value of the fixed assets compared to the net book value and is calculated to be a liability of £160,545 at 31st December 2023.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Page 3

A4 Hire Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance
Motor vehicles	25% reducing balance
Office equipment	30% reducing balance
Fixtures and fittings	30% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

A4 Hire Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 7 (2023 - 9).

4	Profit before tax

Arrived at after charging/(crediting)

A4 Hire Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

	2024 £	2023 £
Depreciation expense	167,918	176,777

5	Tangible assets

	Office equipment  £	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2024	2,863	153	2,196,963	157,338	2,357,317
Additions	2,008	-	285,779	71,000	358,787
Disposals	-	-	(123,618)	(62,750)	(186,368)
At 31 December 2024	4,871	153	2,359,124	165,588	2,529,736
Depreciation
At 1 January 2024	1,205	46	1,500,240	124,376	1,625,867
Charge for the year	688	32	159,562	7,636	167,918
Eliminated on disposal	-	-	(90,645)	(35,164)	(125,809)
At 31 December 2024	1,893	78	1,569,157	96,848	1,667,976
Carrying amount
At 31 December 2024	2,978	75	789,967	68,740	861,760
At 31 December 2023	1,657	107	696,723	32,962	731,449

6	Other financial assets (current and non-current)

	Investment £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2024	25,000	25,000
At 31 December 2024	25,000	25,000
Carrying amount
At 31 December 2024	25,000	25,000

A4 Hire Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

7

Debtors

	2024 £	2023 £
Trade debtors	211,008	156,443
Prepayments	22,782	590
Other debtors	10,877	11,932
	244,667	168,965

8

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	85,381	52,251
Taxation and social security	26,178	34,249
Accruals and deferred income	13,712	17,250
Other creditors	27,094	113,811
	152,365	217,561

9	Related party transactions

The Directors

During the year the director withdrew funds of £85,267 (2023: withdrew funds of £170,009). At the balance sheet date the company owed the director £26,594 (2023: £111,861).