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REGISTERED NUMBER: 09119612 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 July 2025 |

| for |

| Miad Hire Ltd |

| Miad Hire Ltd (Registered number: 09119612) |

Contents of the Financial Statements

for the Year Ended 31 July 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Miad Hire Ltd |

Company Information

for the Year Ended 31 July 2025

| DIRECTOR: | M R Trayfoot

| REGISTERED OFFICE: | Airport House

| Suite 43-45

| Purley Way

| Croydon

| Surrey

| CR0 0XZ

| REGISTERED NUMBER: | 09119612 (England and Wales)

| ACCOUNTANTS: | Ledger Sparks Limited

| Airport House

| Suite 43-45

| Purley Way

| Croydon

| CR0 0XZ

| Miad Hire Ltd (Registered number: 09119612) |

Balance Sheet

31 July 2025

| 2025 |  | 2024

| Notes | £ | £ |

Fixed assets

Tangible assets | 4 | 113,067 |  | 138,659 |  |

Current assets

Debtors | 5 | 4,054 |  | 2,493 |  |

Cash at bank | 62,882 |  | 56,367 |  |

66,936 |  | 58,860 |  |

Creditors

Amounts falling due within one year | 6 | (45,081 | ) | (60,499 | ) |

Net current assets/(liabilities) | 21,855 |  | (1,639 | ) |

Total assets less current liabilities | 134,922 |  | 137,020 |  |

Creditors

Amounts falling due after more than one year | 7 | (45,244 | ) | (53,207 | ) |

Net assets | 89,678 |  | 83,813 |  |

Capital and reserves

Called up share capital | 100 |  | 100 |  |

Retained earnings | 10 | 89,578 |  | 83,713 |  |

89,678 |  | 83,813 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

| Miad Hire Ltd (Registered number: 09119612) |

Balance Sheet - continued

31 July 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 November 2025 and were signed by:

M R Trayfoot - Director

| Miad Hire Ltd (Registered number: 09119612) |

Notes to the Financial Statements

for the Year Ended 31 July 2025

1. | STATUTORY INFORMATION

| Miad Hire Ltd 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 (£).

| The principal activity of the company continued to be that of hiring out & rental of scaffolding equipment.

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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes . The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates..

| TANGIBLE FIXED ASSETS

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

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

| Plant and machinery |  | 10% on cost |  |

| Fixtures and fittings |  | 25% on reducing balance |  |

| Motor vehicles |  | 25% on reducing balance |  |

| The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

| FINANCIAL INSTRUMENTS

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| TAXATION

| The tax expense represents the sum of the tax currently payable and deferred tax.

| CURRENT TAX

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

| DEFERRED TAX

| Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

| Miad Hire Ltd (Registered number: 09119612) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

2. | ACCOUNTING POLICIES - continued

| GOING CONCERN

| At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

| PROVISIONS FOR LIABILITIES

| Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

| Provisions are charged as an expense to the Statement of Income and Retained earnings in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

| When payments are eventually made, they are charged to the provision carried in the Balance sheet.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 August 2024 | 313,986 |  | 16,692 |  | 137,795 |  | 468,473 |  |

| Additions | 9,635 |  | - |  | - |  | 9,635 |  |

| At 31 July 2025 | 323,621 |  | 16,692 |  | 137,795 |  | 478,108 |  |

| DEPRECIATION

| At 1 August 2024 | 271,079 |  | 7,223 |  | 51,512 |  | 329,814 |  |

| Charge for year | 11,289 |  | 2,367 |  | 21,571 |  | 35,227 |  |

| At 31 July 2025 | 282,368 |  | 9,590 |  | 73,083 |  | 365,041 |  |

| NET BOOK VALUE

| At 31 July 2025 | 41,253 |  | 7,102 |  | 64,712 |  | 113,067 |  |

| At 31 July 2024 | 42,907 |  | 9,469 |  | 86,283 |  | 138,659 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 4,054 |  | 2,493 |  |

| The directors consider the carrying value of trade and other receivables approximate to their fair value.

| Miad Hire Ltd (Registered number: 09119612) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 8) | 7,963 |  | 7,992 |  |

| Taxation and social security | 2,148 |  | 13,143 |  |

| Other creditors | 34,970 |  | 39,364 |  |

45,081 |  | 60,499 |  |

| The directors consider the carrying amounts of current liabilities approximate to their fair values.

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 8) | 45,244 |  | 53,207 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 7,963 |  | 7,992 |  |

| Between one and five years | 45,244 |  | 53,207 |  |

53,207 |  | 61,199 |  |

9. | DEFERRED TAX

£ |

| Balance at 1 August 2024 | (2,493 | ) |

| Provided during year | (1,561 | ) |

| Balance at 31 July 2025 | (4,054 | ) |

10. | RESERVES

| PROFIT AND LOSS RESERVES

| The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

| Miad Hire Ltd (Registered number: 09119612) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025 | 2024 |

£ | £ |

| M R Trayfoot

| Balance outstanding at start of year | (37,063 | ) | (43,143 | ) |

| Amounts advanced | 12,246 |  | 15,684 |  |

| Amounts repaid | (7,524 | ) | (9,604 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (32,341 | ) | (37,063 | ) |

12. | RELATED PARTY DISCLOSURES

| As at the balance sheet date, included in other creditors are amounts of £32,341 (2024: £37,063) payable to director. This loan is interest free and repayable on demand.