IRIS Accounts Production v26.1.0.640 04507386 Board of Directors 1.11.24 31.10.25 31.10.25 false true false false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04507386 2024-10-31 04507386 2025-10-31 04507386 2024-11-01 2025-10-31 04507386 2023-10-31 04507386 2023-11-01 2024-10-31 04507386 2024-10-31 04507386 ns15:EnglandWales 2024-11-01 2025-10-31 04507386 ns14:PoundSterling 2024-11-01 2025-10-31 04507386 ns10:Director1 2024-11-01 2025-10-31 04507386 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04507386 ns10:SmallEntities 2024-11-01 2025-10-31 04507386 ns10:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 04507386 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 04507386 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 04507386 ns10:AbridgedAccounts 2024-11-01 2025-10-31 04507386 1 2024-11-01 2025-10-31 04507386 ns10:Director2 2024-11-01 2025-10-31 04507386 ns10:CompanySecretary1 2024-11-01 2025-10-31 04507386 ns10:RegisteredOffice 2024-11-01 2025-10-31 04507386 ns5:CurrentFinancialInstruments 2025-10-31 04507386 ns5:CurrentFinancialInstruments 2024-10-31 04507386 ns5:ShareCapital 2025-10-31 04507386 ns5:ShareCapital 2024-10-31 04507386 ns5:RevaluationReserve 2025-10-31 04507386 ns5:RevaluationReserve 2024-10-31 04507386 ns5:CapitalRedemptionReserve 2025-10-31 04507386 ns5:CapitalRedemptionReserve 2024-10-31 04507386 ns5:RetainedEarningsAccumulatedLosses 2025-10-31 04507386 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 04507386 ns5:IntangibleAssetsOtherThanGoodwill 2024-11-01 2025-10-31 04507386 ns5:PlantMachinery 2024-11-01 2025-10-31 04507386 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2025-10-31 04507386 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2024-10-31

REGISTERED NUMBER: 04507386 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 31 October 2025

for

Economy Car Hire Limited

Economy Car Hire Limited (Registered number: 04507386)

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

Company Information | 1 |

Chartered Accountants' Report | 2 |

Abridged Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

Economy Car Hire Limited

Company Information

for the Year Ended 31 October 2025

| DIRECTORS: | R J Sexton

| C L Sexton

| SECRETARY: | L Freeman

| REGISTERED OFFICE: | Nelson House

| Church Street

| Dereham

| Norfolk

| NR19 1DJ

| REGISTERED NUMBER: | 04507386 (England and Wales)

| ACCOUNTANTS: | JDC Chartered Accountants and Business Advisors

| Dencora Court

| 2 Meridian Way

| Norwich

| Norfolk

| NR7 0TA

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Economy Car Hire Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Economy Car Hire Limited for the year ended 31 October 2025 which comprise the Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Economy Car Hire Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Economy Car Hire Limited and state those matters that we have agreed to state to the Board of Directors of Economy Car Hire Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Economy Car Hire Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Economy Car Hire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Economy Car Hire Limited. You consider that Economy Car Hire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Economy Car Hire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

JDC Chartered Accountants and Business Advisors

Dencora Court

2 Meridian Way

Norwich

Norfolk

NR7 0TA

3 June 2026

Economy Car Hire Limited (Registered number: 04507386)

Abridged Balance Sheet

31 October 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 20,396 |  | 25,569 |  |

Investment property | 6 | - |  | 120,000 |  |

20,396 |  | 145,569 |  |

CURRENT ASSETS

Debtors | 7 | 845,523 |  | 686,950 |  |

Investments | 553,493 |  | 488,962 |  |

Cash at bank | 5,821,432 |  | 3,789,230 |  |

7,220,448 |  | 4,965,142 |  |

CREDITORS

Amounts falling due within one year | 4,082,488 |  | 3,405,863 |  |

NET CURRENT ASSETS | 3,137,960 |  | 1,559,279 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,158,356 |  | 1,704,848 |  |

PROVISIONS FOR LIABILITIES | 3,961 |  | 6,368 |  |

NET ASSETS | 3,154,395 |  | 1,698,480 |  |

CAPITAL AND RESERVES

Called up share capital | 736 |  | 736 |  |

Revaluation reserve | 3,919 |  | 68,906 |  |

Capital redemption reserve | 264 |  | 264 |  |

Retained earnings | 3,149,476 |  | 1,628,574 |  |

3,154,395 |  | 1,698,480 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Economy Car Hire Limited (Registered number: 04507386)

Abridged Balance Sheet - continued

31 October 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 June 2026 and were signed on its behalf by:

R J Sexton - Director

Economy Car Hire Limited (Registered number: 04507386)

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Economy Car Hire 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 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Revenue is recognised at the start of each car hire period. Payments received in advance are recognised as a creditor until the hire period starts.

| Intangible assets

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

| Patents and licenses are being amortised evenly over their estimated useful life of 10 years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 25% on cost and 15% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Economy Car Hire Limited (Registered number: 04507386)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Finance costs relating to hire purchase are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the cost of the associated capital item.

| 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 31 (2024 - 29 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 15,231 |  |

| AMORTISATION

| At 1 November 2024

| and 31 October 2025 | 15,231 |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | - |  |

Economy Car Hire Limited (Registered number: 04507386)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 November 2024 | 229,690 |  |

| Additions | 5,267 |  |

| At 31 October 2025 | 234,957 |  |

| DEPRECIATION

| At 1 November 2024 | 204,121 |  |

| Charge for year | 10,440 |  |

| At 31 October 2025 | 214,561 |  |

| NET BOOK VALUE

| At 31 October 2025 | 20,396 |  |

| At 31 October 2024 | 25,569 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 November 2024 | 120,000 |  |

| Disposals | (120,000 | ) |

| At 31 October 2025 | - |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | 120,000 |  |

7. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Other debtors | 200,000 |  | 200,000 |  |