REGISTERED NUMBER: 06604102 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hub Hire Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J P Rake

REGISTERED OFFICE:

18 Bedford Drive

Sutton Coldfield

West Midlands

B75 6AU

REGISTERED NUMBER:

06604102 (England and Wales)

ACCOUNTANTS:

Pride Accountants

Polymer Court

Hope Street

Dudley

West Midlands

DY2 8RS

FIXED ASSETS

Tangible assets

4

38,532

45,332

CURRENT ASSETS

Debtors

5

-

8,057

Cash at bank

41,849

24,790

41,849

32,847

CREDITORS

Amounts falling due within one year

6

13,245

17,564

NET CURRENT ASSETS

28,604

15,283

TOTAL ASSETS LESS CURRENT LIABILITIES

67,136

60,615

CREDITORS

Amounts falling due after more than one year

7

(1,600

)

(4,000

)

PROVISIONS FOR LIABILITIES

8

(6,317

)

(5,539

)

NET ASSETS

59,219

51,076

CAPITAL AND RESERVES

Called up share capital

9

120

120

Retained earnings

59,099

50,956

SHAREHOLDERS' FUNDS

59,219

51,076

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 4 September 2025 and were signed by:

J P Rake - Director

1.	STATUTORY INFORMATION

Hub 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.

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.

Plant and machinery

-

15% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

149,769

DEPRECIATION

At 1 April 2024

104,437

Charge for year

6,800

At 31 March 2025

111,237

NET BOOK VALUE

At 31 March 2025

38,532

At 31 March 2024

45,332

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

8,057

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

2,400

2,400

Taxation and social security

5,095

8,931

Other creditors

5,750

6,233

13,245

17,564

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,600

4,000

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

6,317

5,539

Deferred

tax

£

Balance at 1 April 2024

5,539

Provided during year

778

Balance at 31 March 2025

6,317

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

120

Ordinary

£1

120

120

10.	RELATED PARTY DISCLOSURES

Debtors (including non interest bearing loans) as at 31st March 2025 include due from The Hub Engineering Co. Limited £nil (2024 - £8,057).

Hub Hire Limited and The Hub Engineering Co. Limited share common directors and shareholders.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is J P Rake.