REGISTERED NUMBER: 03464444 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MICROHIRE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R B Walker

REGISTERED OFFICE:

17 London Road

Hurst Green

Etchingham

East Sussex

TN19 7QP

REGISTERED NUMBER:

03464444 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Tangible assets

4

-

1,841

CURRENT ASSETS

Stocks

5

-

33,400

Debtors

6

-

4,069

Cash at bank

59

80

59

37,549

CREDITORS

Amounts falling due within one year

7

28,650

50,916

NET CURRENT LIABILITIES

(28,591

)

(13,367

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(28,591

)

(11,526

)

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

(28,791

)

(11,726

)

SHAREHOLDERS' FUNDS

(28,591

)

(11,526

)

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

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

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 17 December 2025 and were signed by:

Mr R B Walker - Director

1.	STATUTORY INFORMATION

Microhire Limited 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.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

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

Short leasehold

-

NIL

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on reducing balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

Cost

At 1 April 2024

1,744

4,492

1,102

9,700

17,038

Impairments

(1,744

)

-

-

-

(1,744

)

At 31 March 2025

-

4,492

1,102

9,700

15,294

Depreciation

At 1 April 2024

-

4,492

1,102

9,603

15,197

Charge for year

-

-

-

97

97

At 31 March 2025

-

4,492

1,102

9,700

15,294

Net book value

At 31 March 2025

-

-

-

-

-

At 31 March 2024

1,744

-

-

97

1,841

5.

STOCKS

2025

2024

£

£

Stocks

-

33,400

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

4,069

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

514

-

Taxation and social security

-

5,984

Other creditors

28,136

44,932

28,650

50,916

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

100

Ordinary A,B,C,D,E

£1

100

100

200

200