REGISTERED NUMBER: 04986127 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ENTERTEE HIRE SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr RE Tee

Mr KD Thorborn

Mojo Rental International B.v.

SECRETARY:

Mr RE Tee

REGISTERED OFFICE:

Longpond Works

Wrotham Road

Borough Green

Kent

TN15 8DE

REGISTERED NUMBER:

04986127 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mr AR Turner FCA FMAAT

AUDITORS:

Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

FIXED ASSETS

Tangible assets

4

1,167,108

1,052,162

CURRENT ASSETS

Stocks

155,455

80,574

Debtors

5

929,803

181,692

Cash at bank and in hand

1,216,608

1,588,109

2,301,866

1,850,375

CREDITORS

Amounts falling due within one year

6

577,086

601,109

NET CURRENT ASSETS

1,724,780

1,249,266

TOTAL ASSETS LESS CURRENT LIABILITIES

2,891,888

2,301,428

PROVISIONS FOR LIABILITIES

266,644

232,465

NET ASSETS

2,625,244

2,068,963

CAPITAL AND RESERVES

Called up share capital

1

1

Capital redemption reserve

8

2

2

Retained earnings

8

2,625,241

2,068,960

SHAREHOLDERS' FUNDS

2,625,244

2,068,963

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 29 September 2025 and were signed on its behalf by:

Mr RE Tee - Director

1.	STATUTORY INFORMATION

Entertee Hire Services 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 represents net invoiced sales of services, excluding value added tax.

Turnover is recognised in the period in which the goods and services are provided.

Income and deposits received relating to projects to be completed after the year end are included as deferred income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

25% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

33% on cost

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 the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Revenue recognition and service contracts

Revenue which has not yet been invoiced at the year end but for which the company is entitled to receive payment, has been shown within turnover.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

16,658

3,233,361

25,941

243,912

3,519,872

Additions

-

316,470

1,477

14,370

332,317

At 31 December 2024

16,658

3,549,831

27,418

258,282

3,852,189

DEPRECIATION

At 1 January 2024

16,658

2,255,130

24,577

171,345

2,467,710

Charge for year

-

194,205

1,431

21,735

217,371

At 31 December 2024

16,658

2,449,335

26,008

193,080

2,685,081

NET BOOK VALUE

At 31 December 2024

-

1,100,496

1,410

65,202

1,167,108

At 31 December 2023

-

978,231

1,364

72,567

1,052,162

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

209,019

100,788

Amounts owed by group undertakings

643,717

-

Other debtors

77,067

80,904

929,803

181,692

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

81,377

89,199

Taxation and social security

145,585

220,190

Other creditors

350,124

291,720

577,086

601,109

7.	LEASING AGREEMENTS

At 31 December 2024 the company had total leasing commitments of £234,377 (2023: £479,856).

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2024

2,068,960

2

2,068,962

Profit for the year

556,281

556,281

At 31 December 2024

2,625,241

2

2,625,243

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr AR Turner FCA FMAAT (Senior Statutory Auditor)

for and on behalf of Mark J Rees LLP Chartered Accountants

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr RE Tee

Balance outstanding at start of year

5,589

66,515

Amounts advanced

-

58,000

Amounts repaid

(338

)

(118,926

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,251

5,589

The loan is repayable on demand and interest is payable at prevailing HM Revenue & Customs rates.

11.	RELATED PARTY DISCLOSURES

Mr R Tee, director, and Mrs G Tee, former director, have provided personal gurantees to Barclays totalling £215,000 (2023: £215,000).

12.	ULTIMATE CONTROLLING PARTY

The parent company is MOJO Rental UK Ltd, with the ultimate controlling parent as EVAGO Holding GmbH.