REGISTERED NUMBER: 10715389 (England and Wales)

MDS Hire Ltd

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

R S Major

Mrs S J Major

REGISTERED OFFICE:

39 Church Street

Rothersthorpe

Northamptonshire

NN7 3JD

REGISTERED NUMBER:

10715389 (England and Wales)

ACCOUNTANTS:

Cheney & Co

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Tangible assets

5

32,604

70,622

CURRENT ASSETS

Debtors

6

29,410

29,410

Cash at bank and in hand

6,305

6,305

35,715

35,715

CREDITORS

Amounts falling due within one year

7

207,208

224,076

NET CURRENT LIABILITIES

(171,493

)

(188,361

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(138,889

)

(117,739

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(138,989

)

(117,839

)

SHAREHOLDERS' FUNDS

(138,889

)

(117,739

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th December 2025 and were signed on its behalf by:

R S Major - Director

1.	STATUTORY INFORMATION

MDS 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 principle activity of the company in the year under review was that of rental of machinery and equipment.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Hire purchase and leasing commitments

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

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

and 31st March 2025

253,680

DEPRECIATION

At 1st April 2024

183,058

Charge for year

38,018

At 31st March 2025

221,076

NET BOOK VALUE

At 31st March 2025

32,604

At 31st March 2024

70,622

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

29,410

29,410

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

31,067

7,856

Amounts owed to associates

160,607

210,529

Taxation and social security

7,450

4,491

Other creditors

8,084

1,200

207,208

224,076

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

9.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2025.

10.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2025.