IRIS Accounts Production v25.4.12.37 11826968 director 1.3.25 28.2.26 28.2.26 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11826968 2025-02-28 11826968 2026-02-28 11826968 2025-03-01 2026-02-28 11826968 2024-02-29 11826968 2024-03-01 2025-02-28 11826968 2025-02-28 11826968 ns15:EnglandWales 2025-03-01 2026-02-28 11826968 ns14:PoundSterling 2025-03-01 2026-02-28 11826968 ns10:Director1 2025-03-01 2026-02-28 11826968 ns10:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 11826968 ns10:SmallEntities 2025-03-01 2026-02-28 11826968 ns10:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 11826968 ns10:SmallCompaniesRegimeForDirectorsReport 2025-03-01 2026-02-28 11826968 ns10:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 11826968 ns10:FullAccounts 2025-03-01 2026-02-28 11826968 ns5:CurrentFinancialInstruments 2026-02-28 11826968 ns5:CurrentFinancialInstruments 2025-02-28 11826968 ns5:ShareCapital 2026-02-28 11826968 ns5:ShareCapital 2025-02-28 11826968 ns5:RetainedEarningsAccumulatedLosses 2026-02-28 11826968 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 11826968 ns10:RegisteredOffice 2025-03-01 2026-02-28 11826968 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-02-28 11826968 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28

REGISTERED NUMBER: 11826968 (England and Wales)

ONE CENT HIRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

| ONE CENT HIRE LIMITED (REGISTERED NUMBER: 11826968) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page |

| Balance sheet | 1 |

| Notes to the financial statements | 2 |

| ONE CENT HIRE LIMITED (REGISTERED NUMBER: 11826968) |

BALANCE SHEET

28 FEBRUARY 2026

| 2026 |  | 2025

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 1 |  | 28 |  |

Cash at bank | 80 |  | 294 |  |

81 |  | 322 |  |

CREDITORS

Amounts falling due within one year | 5 | 5,231 |  | 4,577 |  |

NET CURRENT LIABILITIES | (5,150 | ) | (4,255 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (5,150 | ) | (4,255 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (5,151 | ) | (4,256 | ) |

(5,150 | ) | (4,255 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 19 March 2026 and were signed by:

G Deninski - Director

| ONE CENT HIRE LIMITED (REGISTERED NUMBER: 11826968) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

1. | STATUTORY INFORMATION

| One Cent Hire Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 11826968

| Registered office: | C/O Venthams Limited

| Unit 8, Phoenix House

| Redhill Aerodrome, Kings Mill Lane

| Redhill

| Surrey

| RH1 5JY

| The company ceased trading 1 March 2022 and continues to be non trading.

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.

| ONE CENT HIRE LIMITED (REGISTERED NUMBER: 11826968) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2026

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of

| financial assets and liabilities like trade and other debtors and creditors, loans from banks and other

| third parties, loans to related parties and investments in ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each

| reporting period for objective evidence of impairment. If objective evidence of impairment is found,

| an impairment loss is recognised in the Statement of Income and Retained Earnings.

| Basic financial assets

| Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

| Basic financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual

| arrangements entered into. An equity instrument is any contract that evidences a residual interest in the

| assets of the company after the deduction of all its liabilities.

| Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially

| measured at their transaction price (adjusting for transaction costs except in the initial measurement of

| financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

| Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

| Going concern

| Despite the company having net liabilities, the company will continue as a going concern due to the

| continued support of the director.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2025 - 1 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other debtors | 1 |  | 28 |  |

| ONE CENT HIRE LIMITED (REGISTERED NUMBER: 11826968) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2026

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade creditors | 124 |  | 94 |  |

| Amounts owed to group undertakings | 4,507 |  | 3,907 |  |

| Other creditors | 600 |  | 576 |  |

5,231 |  | 4,577 |  |