Tool Hire Direct Limited - Filleted accounts

Registered number

03926791

Tool Hire Direct Limited

Filleted Accounts

31 March 2025

Tool Hire Direct Limited
Registered number:		03926791
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	5	377,903			447,435
Cash at bank and in hand		3,477			3,042
		381,380			450,477

Creditors: amounts falling due within one year	6	(341,990)			(418,302)

Net current assets			39,390			32,175

Net assets			39,390			32,175

Capital and reserves
Called up share capital			184			184
Capital redemption reserve			116			116
Profit and loss account			39,090			31,875

Shareholder's funds			39,390			32,175

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P S Bramhall
Director
Approved by the board on 9 December 2025

Tool Hire Direct Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	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.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			0		0


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	19,039		18,250		37,289
	Disposals	(9,039)		(18,250)		(27,289)
	At 31 March 2025	10,000		-		10,000

	Depreciation
	At 1 April 2024	19,039		18,250		37,289
	On disposals	(9,039)		(18,250)		(27,289)
	At 31 March 2025	10,000		-		10,000

	Net book value
	At 31 March 2025	-		-		-


5	Debtors			2025		2024
£					£

	Trade debtors			159,752		211,272
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			182,066		185,566
	Other debtors			36,085		50,597
				377,903		447,435


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			80,126		53,746
	Trade creditors			141,644		273,078
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			109,700		79,200
	Taxation and social security costs			9,320		7,210
	Other creditors			1,200		5,068
				341,990		418,302


7	Other information

	Tool Hire Direct Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Group Office, Walwyn Road
	Colwall
	Malvern
	Worcestershire
	WR13 6EG