1 March 2024 false No description of principal activity Taxfiler 2024.6 09473329business:PrivateLimitedCompanyLtd2024-03-012025-02-28 094733292024-02-29 094733292024-03-012025-02-28 09473329business:AuditExempt-NoAccountantsReport2024-03-012025-02-28 09473329business:FilletedAccounts2024-03-012025-02-28 094733292025-02-28 09473329business:Director12024-03-012025-02-28 09473329business:Director22024-03-012025-02-28 09473329business:RegisteredOffice2024-03-012025-02-28 094733292024-02-29 09473329core:WithinOneYear2025-02-28 09473329core:WithinOneYear2024-02-29 09473329core:AfterOneYear2025-02-28 09473329core:AfterOneYear2024-02-29 09473329core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 09473329core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 09473329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 09473329core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 09473329core:PreviouslyStatedAmount2025-02-28 09473329core:PreviouslyStatedAmount2024-02-29 09473329business:SmallEntities2024-03-012025-02-28 09473329countries:EnglandWales2024-03-012025-02-28 09473329core:PlantMachinery2024-03-012025-02-28 09473329core:MotorVehicles2024-03-012025-02-28 09473329core:FurnitureFittings2024-03-012025-02-28 09473329core:ComputerEquipment2024-03-012025-02-28 09473329core:Goodwill2024-02-29 09473329core:Goodwill2025-02-28 09473329core:Goodwill2024-03-012025-02-28 09473329core:LandBuildings2024-02-29 09473329core:PlantMachinery2024-02-29 09473329core:MotorVehicles2024-02-29 09473329core:FurnitureFittings2024-02-29 09473329core:ComputerEquipment2024-02-29 09473329core:LandBuildings2024-03-012025-02-28 09473329core:LandBuildings2025-02-28 09473329core:PlantMachinery2025-02-28 09473329core:MotorVehicles2025-02-28 09473329core:FurnitureFittings2025-02-28 09473329core:ComputerEquipment2025-02-28 094733292023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 09473329 (England and Wales)
Eddie Pollit Grab Hire Ltd Unaudited accounts for the year ended 28 February 2025
Eddie Pollit Grab Hire Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Eddie Pollit Grab Hire Ltd Company Information for the year ended 28 February 2025
Directors
Edmund Pollit Tracy Pollit
Company Number
09473329 (England and Wales)
Registered Office
8 Mount Raleigh Avenue Bideford Devon EX39 3NR England
Accountants
North Devon Accounts 4 Cross Tree Centre Caen Street Braunton Devon EX33 1AA
- 3 -
Eddie Pollit Grab Hire Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
2,673 
3,564 
Tangible assets
5
1,039,985 
887,747 
1,042,658 
891,311 
Current assets
Debtors
6
356,847 
223,384 
Cash at bank and in hand
352,538 
369,649 
709,385 
593,033 
Creditors: amounts falling due within one year
7
(169,126)
(152,277)
Net current assets
540,259 
440,756 
Total assets less current liabilities
1,582,917 
1,332,067 
Creditors: amounts falling due after more than one year
8
(197,751)
(209,275)
Net assets
1,385,166 
1,122,792 
Capital and reserves
Called up share capital
22 
22 
Profit and loss account
1,385,144 
1,122,770 
Shareholders' funds
1,385,166 
1,122,792 
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by
Edmund Pollit Director Company Registration No. 09473329
- 4 -
Eddie Pollit Grab Hire Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Eddie Pollit Grab Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 09473329. The registered office is 8 Mount Raleigh Avenue, Bideford, Devon, EX39 3NR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% Reducing balance
Motor vehicles
18% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2024
12,000 
At 28 February 2025
12,000 
Amortisation
At 1 March 2024
8,436 
Charge for the year
891 
At 28 February 2025
9,327 
Net book value
At 28 February 2025
2,673 
At 29 February 2024
3,564 
- 5 -
Eddie Pollit Grab Hire Ltd Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 March 2024
367,490 
777,482 
98,705 
35,112 
10,704 
1,289,493 
Additions
- 
247,484 
64,715 
- 
1,064 
313,263 
Disposals
- 
- 
(24,800)
- 
- 
(24,800)
At 28 February 2025
367,490 
1,024,966 
138,620 
35,112 
11,768 
1,577,956 
Depreciation
At 1 March 2024
- 
327,812 
52,728 
13,723 
7,483 
401,746 
Charge for the year
- 
125,488 
19,925 
5,347 
1,071 
151,831 
On disposals
- 
- 
(15,606)
- 
- 
(15,606)
At 28 February 2025
- 
453,300 
57,047 
19,070 
8,554 
537,971 
Net book value
At 28 February 2025
367,490 
571,666 
81,573 
16,042 
3,214 
1,039,985 
At 29 February 2024
367,490 
449,670 
45,977 
21,389 
3,221 
887,747 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
128,166 
114,489 
Other debtors
228,681 
108,895 
356,847 
223,384 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
5,444 
8,257 
Trade creditors
25,634 
12,359 
Taxes and social security
101,284 
89,188 
Loans from directors
36,764 
42,473 
169,126 
152,277 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
124,378 
127,711 
Obligations under finance leases and hire purchase contracts
71,277 
79,986 
Accruals
2,096 
1,578 
197,751 
209,275 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -