HIRE DEPOT LIMITED

Company Registration Number:
02913895 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

HIRE DEPOT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

HIRE DEPOT LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 1,366,129 1,607,679
Total fixed assets: 1,366,129 1,607,679
Current assets
Stocks: 63,768 65,626
Debtors:   1,037,672 879,532
Cash at bank and in hand: 83,660 2,032
Total current assets: 1,185,100 947,190
Creditors: amounts falling due within one year: 4 (822,095) (722,573)
Net current assets (liabilities): 363,005 224,617
Total assets less current liabilities: 1,729,134 1,832,296
Creditors: amounts falling due after more than one year: 5 (525,349) (644,691)
Provision for liabilities: (140,743) (140,743)
Total net assets (liabilities): 1,063,042 1,046,862
Capital and reserves
Called up share capital: 57,000 57,000
Share premium account: 35,000 35,000
Revaluation reserve:6152,059153,089
Other reserves: 108,000 108,000
Profit and loss account: 710,983 693,773
Shareholders funds: 1,063,042 1,046,862

The notes form part of these financial statements

HIRE DEPOT LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 December 2025
and signed on behalf of the board by:

Name: M RISBY
Status: Director

The notes form part of these financial statements

HIRE DEPOT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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.

Tangible fixed assets and depreciation policy

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 Land and Buildings 10% on cost Furniture Fittings and Equipment 15% on cost Motor vehicles 25% reducing balance Other tangible assets 15% on cost

HIRE DEPOT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 14 13

HIRE DEPOT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 2,872,195
Additions 285,862
Disposals (502,123)
At 31 March 2025 2,655,934
Depreciation
At 01 April 2024 1,264,516
Charge for year 322,912
On disposals (297,623)
At 31 March 2025 1,289,805
Net book value
At 31 March 2025 1,366,129
At 31 March 2024 1,607,679

HIRE DEPOT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 2024 £ £ Loans and borrowings 281,059 490,753 Trade creditors 424,251 156,965 Taxation and social security 105,710 73,423 Other creditors 11,075 1,432 822,095 722,573

HIRE DEPOT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

2025 2024 £ £ Loans and borrowings 525,349 644,691

HIRE DEPOT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Revaluation reserve

2025
£
Balance at 01 April 2024 153,089
Surplus or deficit after revaluation (1,030)
Balance at 31 March 2025 152,059