REGISTERED NUMBER: 04338211 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ALPHA HIRE (COTSWOLD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P W Evans

R W Evans

W M Matthews

SECRETARY:

Mrs B M Heaven

REGISTERED OFFICE:

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

BUSINESS ADDRESS:

Marine Walk Offices

Whitminster Lane

Frampton on Severn

Gloucestershire

GL2 7PR

REGISTERED NUMBER:

04338211 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

163,054

185,528

163,054

185,528

CURRENT ASSETS

Debtors

6

25,690

40,057

Cash at bank

38,625

18,529

64,315

58,586

CREDITORS

Amounts falling due within one year

7

109,876

98,460

NET CURRENT LIABILITIES

(45,561

)

(39,874

)

TOTAL ASSETS LESS CURRENT LIABILITIES

117,493

145,654

CREDITORS

Amounts falling due after more than one year

8

(87,689

)

(43,671

)

PROVISIONS FOR LIABILITIES

(36,557

)

(38,004

)

NET (LIABILITIES)/ASSETS

(6,753

)

63,979

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(6,853

)

63,879

SHAREHOLDERS' FUNDS

(6,753

)

63,979

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 directors acknowledge their 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 Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

P W Evans - Director

R W Evans - Director

W M Matthews - Director

1.	STATUTORY INFORMATION

Alpha Hire (Cotswold) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provision of section 1A "Small entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of goods and services provided during the year, excluding Value Added Tax. Income is recognised as contract activity progresses and the right to consideration is secured.

Deposits and payments in advance are deferred until the contract is fulfilled.

Goodwill

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance, 10% on cost and Straight line over the term of the lease

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

These accounts have been prepared on the Going Concern basis. This is because there are no material uncertainties that may cast significant doubt about the company's ability to continue as a Going Concern. The Director and Company Secretary have also continued to support the business.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

15,000

AMORTISATION

At 1 April 2024

and 31 March 2025

15,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

4,245

872,940

66,885

18,179

962,249

Additions

-

1,011

13,285

-

14,296

Disposals

-

(2,365

)

-

-

(2,365

)

At 31 March 2025

4,245

871,586

80,170

18,179

974,180

DEPRECIATION

At 1 April 2024

2,475

725,885

31,028

17,333

776,721

Charge for year

265

24,675

9,287

209

34,436

Eliminated on disposal

-

(31

)

-

-

(31

)

At 31 March 2025

2,740

750,529

40,315

17,542

811,126

NET BOOK VALUE

At 31 March 2025

1,505

121,057

39,855

637

163,054

At 31 March 2024

1,770

147,055

35,857

846

185,528

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

19,265

36,677

Directors' loan accounts

1,143

-

VAT

470

-

Prepayments and accrued income

4,812

3,380

25,690

40,057

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,013

6,013

Hire purchase contracts

12,026

6,983

Trade creditors

19,083

30,790

Corporation Tax

-

228

Social security and other taxes

6,856

6,501

Pension Control

874

1,095

VAT

-

4,442

Other creditors

-

10,494

Directors' loan accounts

-

2,156

Accruals and deferred income

53,024

29,758

109,876

98,460

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

18,165

6,165

Bank loans - in 2-5 years

50,526

22,081

Hire purchase contracts

18,998

15,425

87,689

43,671

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

86,704

34,259

On 2 May 2017 the company registered a debenture at Companies House with Lloyds Bank PLC. The charge is a fixed and floating charge over all assets. The floating charge covers all the property or undertaking of the company. The charge also contains a negative pledge.

10.	TRANSACTIONS WITH DIRECTOR

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

2025

2024

£

£

P W Evans

Balance outstanding at start of year

(2,156

)

2,626

Amounts advanced

7,729

14,030

Amounts repaid

(4,430

)

(18,812

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,143

(2,156

)

No Interest has been charged on the balance above at the HMRC approved rates and there are no set repayment terms.