REGISTERED NUMBER: 04369264 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Stablehire Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J A Warner

R J Warner

J Warner

T G Warner

SECRETARY:

J Warner

REGISTERED OFFICE:

Norris Way

Wellingborough Rd

Rushden

Northamptonshire

NN10 6BP

REGISTERED NUMBER:

04369264 (England and Wales)

ACCOUNTANTS:

Coombs Chartered Accountants

164 Bedford Road

Kempston

Bedford

Bedfordshire

MK42 8BH

FIXED ASSETS

Tangible assets

4

6,017,320

6,228,082

CURRENT ASSETS

Stocks

28,650

24,000

Debtors

5

2,144,989

2,079,805

Cash at bank and in hand

677,358

782,356

2,850,997

2,886,161

CREDITORS

Amounts falling due within one year

6

596,597

834,342

NET CURRENT ASSETS

2,254,400

2,051,819

TOTAL ASSETS LESS CURRENT LIABILITIES

8,271,720

8,279,901

CREDITORS

Amounts falling due after more than one year

7

1,444,324

1,570,871

NET ASSETS

6,827,396

6,709,030

CAPITAL AND RESERVES

Called up share capital

250

250

Retained earnings

6,827,146

6,708,780

SHAREHOLDER FUNDS

6,827,396

6,709,030

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 27 December 2025 and were signed on its behalf by:

J A Warner - Director

1.	STATUTORY INFORMATION

Stablehire 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 (£).

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

33% on cost and 20% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Stocks

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 38 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

868,907

157,231

5,236,008

Additions

-

3,820

789,200

Disposals

(559,903

)

-

(734,456

)

At 31 March 2025

309,004

161,051

5,290,752

DEPRECIATION

At 1 April 2024

47,845

10,971

2,063,682

Charge for year

3,090

1,611

818,974

Eliminated on disposal

(23,066

)

-

(406,108

)

At 31 March 2025

27,869

12,582

2,476,548

NET BOOK VALUE

At 31 March 2025

281,135

148,469

2,814,204

At 31 March 2024

821,062

146,260

3,172,326

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

17,110

3,645,035

272

9,924,563

Additions

-

1,565,133

-

2,358,153

Disposals

-

-

-

(1,294,359

)

At 31 March 2025

17,110

5,210,168

272

10,988,357

DEPRECIATION

At 1 April 2024

17,110

1,556,666

207

3,696,481

Charge for year

-

880,039

16

1,703,730

Eliminated on disposal

-

-

-

(429,174

)

At 31 March 2025

17,110

2,436,705

223

4,971,037

NET BOOK VALUE

At 31 March 2025

-

2,773,463

49

6,017,320

At 31 March 2024

-

2,088,369

65

6,228,082

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,108,086

2,003,619

Other debtors

36,903

76,186

2,144,989

2,079,805

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

56,958

-

Trade creditors

190,547

477,005

Taxation and social security

292,602

165,740

Other creditors

56,490

191,597

596,597

834,342

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to group undertakings

1,444,324

1,570,871