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Registration number: 10769322

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 31 May 2025

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Contents

Company Information | 1
Director's Report | 2
Accountants' Report | 3
Abridged Profit and Loss Account | 4
Statement of Comprehensive Income | 5
Abridged Balance Sheet | 6 to 7
Statement of Changes in Equity | 8
Notes to the Unaudited Abridged Financial Statements | 9 to 15

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Company Information

Director | Mrs Catherine Ann Norrie

Registered office | 1 Riverview Road Beverley East Yorkshire HU17 8DY

Accountants | MTS Accountancy 1 Dunswell Road Cottingham East Yorkshire HU16 4JA

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Director's Report for the Year Ended 31 May 2025

The director presents her report and the abridged financial statements for the year ended 31 May 2025.

Director of the company

The director who held office during the year was as follows:

Mrs Catherine Ann Norrie

Principal activity

The principal activity of the company is the hire of automobiles

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 3 November 2025

......................................... Mrs Catherine Ann Norrie Director

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
C.A.N. Hire Ltd
trading as Andrews Car and Van Hire
for the Year Ended 31 May 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of C.A.N. Hire Ltd for the year ended 31 May 2025 as set out on pages 4 to 15 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of C.A.N. Hire Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of C.A.N. Hire Ltd and state those matters that we have agreed to state to the Board of Directors of C.A.N. Hire Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C.A.N. Hire Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that C.A.N. Hire Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of C.A.N. Hire Ltd. You consider that C.A.N. Hire Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of C.A.N. Hire Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
MTS Accountancy
1 Dunswell Road
Cottingham
East Yorkshire
HU16 4JA

3 November 2025

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Abridged Profit and Loss Account for the Year Ended 31 May 2025

| Note | 2025 £ | 2024 £
Gross profit |  | 55,692 | 77,941
Administrative expenses |  | (35,535) | (96,757)
Interest payable and similar expenses |  | (178) | (591)
Profit/(loss) before tax | 4 | 19,979 | (19,407)
Tax on profit/(loss) |  | (17,876) | -
Profit/(loss) for the financial year |  | 2,103 | (19,407)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Statement of Comprehensive Income for the Year Ended 31 May 2025

| 2025 £ | 2024 £
Profit/(loss) for the year | 2,103 | (19,407)
Total comprehensive income for the year | 2,103 | (19,407)

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

(Registration number: 10769322)
Abridged Balance Sheet as at 31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 5 | 13,500 | 14,625
Tangible assets | 6 | 17,110 | 70,272
|  | 30,610 | 84,897
Current assets |  |  |
Debtors |  | 121 | 3,635
Cash at bank and in hand |  | 82,400 | 17,582
|  | 82,521 | 21,217
Creditors: Amounts falling due within one year |  | (28,234) | (12,622)
Net current assets |  | 54,287 | 8,595
Total assets less current liabilities |  | 84,897 | 93,492
Creditors: Amounts falling due after more than one year |  | - | (99)
Accruals and deferred income |  | (279) | (378)
Net assets |  | 84,618 | 93,015
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 84,518 | 92,915
Shareholders' funds |  | 84,618 | 93,015

For the financial year ending 31 May 2025 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 her 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 3 November 2025

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

(Registration number: 10769322)
Abridged Balance Sheet as at 31 May 2025

......................................... Mrs Catherine Ann Norrie Director

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Statement of Changes in Equity for the Year Ended 31 May 2025

| Share capital £ | Retained earnings £ | Total £
At 1 June 2024 | 100 | 92,915 | 93,015
Profit for the year | - | 2,103 | 2,103
Dividends | - | (10,500) | (10,500)
At 31 May 2025 | 100 | 84,518 | 84,618

| Share capital £ | Retained earnings £ | Total £
At 1 June 2023 | 100 | 112,822 | 112,922
Loss for the year | - | (19,407) | (19,407)
Dividends | - | (500) | (500)
At 31 May 2024 | 100 | 92,915 | 93,015

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

1 | General information

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

The address of its registered office is:
1 Riverview Road
Beverley
East Yorkshire
HU17 8DY
United Kingdom

These financial statements were authorised for issue by the director on 3 November 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 abridged 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 abridged 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.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and 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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

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
Motor vehicles | 25% reducing balance
Plant and machinery | 15% on cost
Office equipment | 25% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 5% on cost

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 merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. 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.

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 2 (2024 - 2).

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

4 | Profit/loss before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 5,641 | 23,226
Amortisation expense | 1,125 | 1,125

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

5 | Intangible assets

| Total £
Cost or valuation
At 1 June 2024 | 22,500
At 31 May 2025 | 22,500
Amortisation
At 1 June 2024 | 7,875
Amortisation charge | 1,125
At 31 May 2025 | 9,000
Carrying amount
At 31 May 2025 | 13,500
At 31 May 2024 | 14,625

6 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 June 2024 | 345 | 173,685 | 2,635 | 176,665
Disposals | - | (120,763) | - | (120,763)
At 31 May 2025 | 345 | 52,922 | 2,635 | 55,902
Depreciation
At 1 June 2024 | 345 | 105,179 | 869 | 106,393
Charge for the year | - | 5,246 | 395 | 5,641
Eliminated on disposal | - | (73,242) | - | (73,242)
At 31 May 2025 | 345 | 37,183 | 1,264 | 38,792
Carrying amount
At 31 May 2025 | - | 15,739 | 1,371 | 17,110
At 31 May 2024 | - | 68,506 | 1,766 | 70,272

7 | Share capital

Allotted, called up and fully paid shares

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

8 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £105.00 (2024 - £5.00) per each Ordinary |  | 10,500 |  | 500

9 | Related party transactions

C.A.N. Hire Ltd
trading as Andrews Car and Van Hire

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 May 2025

Director's remuneration

The director's remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 21,087 | 24,670
Contributions paid to money purchase schemes | 476 | 553
| 21,563 | 25,223