ALPHA HIRE SOLUTIONS LTD


Directors	LOADER, Nicola Jane
	MULFORD, Raymond Leslie


Registered Address	67 Kingsway
	Luton
	LU4 8EJ


Registered Number	08117912 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets			767,183		923,625
			767,183		923,625
Current assets
Debtors		239,822		412,772
Cash at bank and on hand		4,152		11,160
		243,974		423,932
Creditors amounts falling due within one year	3	(826,234)		(724,598)
Net current assets (liabilities)			(582,260)		(300,666)
Total assets less current liabilities			184,923		622,959
Creditors amounts falling due after one year	4		(398,378)		(541,222)
Net assets			(213,455)		81,737
Capital and reserves
Called up share capital			10		10
Profit and loss account			(213,465)		81,727
Shareholders' funds			(213,455)		81,737

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 October 2025, and are signed on its behalf by:

MULFORD, Raymond Leslie
Director
Registered Company No. 08117912

ALPHA HIRE SOLUTIONS LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Land and buildings	5
	Plant and machinery	3
	Fixtures and fittings	5
	Vehicles	5
	Office Equipment	5

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.	Average number of employees
	The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 5).


		2024		2023
	Average number of employees during the year	6		5

3.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	247,467	157,555
Bank borrowings and overdrafts	104,009	118,430
Taxation and social security	46,021	21,634
Finance lease and HP contracts	364,863	374,321
Other creditors	63,350	50,860
Accrued liabilities and deferred income	524	1,798
Total	826,234	724,598


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

4.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	22,582	28,984
Other creditors	375,796	512,238
Total	398,378	541,222

5.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	718,658		864,559