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REGISTERED NUMBER: 01130746 (England and Wales)

Financial Statements for the Year Ended 28 February 2026

for

Skipton Hire Centre Limited

Skipton Hire Centre Limited (Registered number: 01130746)

Contents of the Financial Statements

for the Year Ended 28 February 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Skipton Hire Centre Limited

Company Information

for the Year Ended 28 February 2026

| DIRECTORS: | M Wilson

| A T McCarthy

| REGISTERED OFFICE: | Carleton Business Park

| Carleton New Road

| Skipton

| North Yorkshire

| BD23 2DE

| REGISTERED NUMBER: | 01130746 (England and Wales)

| ACCOUNTANTS: | Richard Smedley Limited

| Chartered Accountants & Registered Auditors

| Richmond House

| Lawnswood Business Park

| Redvers Close

| Leeds

| West Yorkshire

| LS16 6QY

Skipton Hire Centre Limited (Registered number: 01130746)

Balance Sheet

28 February 2026

| 28.2.26 | 28.2.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 7,917 |  | 8,917 |  |

Tangible assets | 5 | 1,944,653 |  | 1,864,602 |  |

1,952,570 |  | 1,873,519 |  |

CURRENT ASSETS

Stocks | 349,317 |  | 399,499 |  |

Debtors | 6 | 6,258,548 |  | 6,044,995 |  |

Cash at bank and in hand | 39,086 |  | 95,194 |  |

6,646,951 |  | 6,539,688 |  |

CREDITORS

Amounts falling due within one year | 7 | 3,329,468 |  | 3,077,648 |  |

NET CURRENT ASSETS | 3,317,483 |  | 3,462,040 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,270,053 |  | 5,335,559 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,415,291 | ) | (1,470,054 | ) |

PROVISIONS FOR LIABILITIES | (486,163 | ) | (466,150 | ) |

NET ASSETS | 3,368,599 |  | 3,399,355 |  |

CAPITAL AND RESERVES

Called up share capital | 500 |  | 500 |  |

Retained earnings | 3,368,099 |  | 3,398,855 |  |

3,368,599 |  | 3,399,355 |  |

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 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.

Skipton Hire Centre Limited (Registered number: 01130746)

Balance Sheet - continued

28 February 2026

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 5 June 2026 and were signed on its behalf by:

M Wilson - Director

A T McCarthy - Director

Skipton Hire Centre Limited (Registered number: 01130746)

Notes to the Financial Statements

for the Year Ended 28 February 2026

1. | STATUTORY INFORMATION

| Skipton Hire Centre 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.

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 represents income from sale of goods and from hire of plant and equipment. It is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

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

| Tangible fixed assets

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

| Tenants alterations | - | 10% on cost

| Plant and machinery | - | 25% on cost

| Fixtures and fittings | - | 33% on cost and 15% 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.

| Financial instruments

| Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit & loss.

| 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.

Skipton Hire Centre Limited (Registered number: 01130746)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

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.

| 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.

| 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 38 (2025 - 38 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 March 2025

| and 28 February 2026 | 10,000 |  |

| AMORTISATION

| At 1 March 2025 | 1,083 |  |

| Charge for year | 1,000 |  |

| At 28 February 2026 | 2,083 |  |

| NET BOOK VALUE

| At 28 February 2026 | 7,917 |  |

| At 28 February 2025 | 8,917 |  |

Skipton Hire Centre Limited (Registered number: 01130746)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Tenants |  | Plant and |  | and |  | Motor |

| alterations |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 March 2025 | 239,441 |  | 5,287,124 |  | 353,776 |  | 534,059 |  | 6,414,400 |  |

| Additions | 2 |  | 648,587 |  | 14,350 |  | 42,475 |  | 705,414 |  |

| Disposals | - |  | (509,501 | ) | (9,519 | ) | (29,139 | ) | (548,159 | ) |

| At 28 February 2026 | 239,443 |  | 5,426,210 |  | 358,607 |  | 547,395 |  | 6,571,655 |  |

| DEPRECIATION

| At 1 March 2025 | 239,441 |  | 3,571,257 |  | 343,318 |  | 395,782 |  | 4,549,798 |  |

| Charge for year | 2 |  | 495,487 |  | 4,774 |  | 56,425 |  | 556,688 |  |

| Eliminated on disposal | - |  | (449,399 | ) | (5,794 | ) | (24,291 | ) | (479,484 | ) |

| At 28 February 2026 | 239,443 |  | 3,617,345 |  | 342,298 |  | 427,916 |  | 4,627,002 |  |

| NET BOOK VALUE

| At 28 February 2026 | - |  | 1,808,865 |  | 16,309 |  | 119,479 |  | 1,944,653 |  |

| At 28 February 2025 | - |  | 1,715,867 |  | 10,458 |  | 138,277 |  | 1,864,602 |  |

6. | DEBTORS

| 28.2.26 |  | 28.2.25

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 607,395 |  | 659,201 |  |

| Amounts owed by group undertakings | 5,549,938 |  | 5,171,994 |  |

| Other debtors | 66,043 |  | 193,011 |  |

6,223,376 |  | 6,024,206 |  |

| Amounts falling due after more than one year:

| Other debtors | 35,172 |  | 20,789 |  |

| Aggregate amounts | 6,258,548 |  | 6,044,995 |  |

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

| 28.2.26 |  | 28.2.25

£ | £ |

| Bank loans and overdrafts | 15,000 |  | 60,000 |  |

| Hire purchase contracts and finance leases (see note 9) | 775,330 |  | 694,067 |  |

| Trade creditors | 656,316 |  | 617,490 |  |

| Amounts owed to group undertakings | 1,190,505 |  | 917,621 |  |

| Taxation and social security | 175,992 |  | 227,346 |  |

| Other creditors | 516,325 |  | 561,124 |  |

3,329,468 |  | 3,077,648 |  |

Skipton Hire Centre Limited (Registered number: 01130746)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.26 |  | 28.2.25

£ | £ |

| Bank loans | - |  | 15,000 |  |

| Hire purchase contracts and finance leases (see note 9) | 1,259,304 |  | 1,455,054 |  |

| Other creditors | 155,987 |  | - |  |

1,415,291 |  | 1,470,054 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase contracts |  | Finance leases |

| 28.2.26 |  | 28.2.25 |  | 28.2.26 |  | 28.2.25 |

£ | £ | £ | £ |

| Net obligations repayable:

| Within one year | 305,521 |  | 270,980 |  | 469,809 |  | 423,087 |  |

| Between one and five years | 584,406 |  | 476,331 |  | 674,898 |  | 978,723 |  |

889,927 |  | 747,311 |  | 1,144,707 |  | 1,401,810 |  |

| Non-cancellable |

| operating leases |

| 28.2.26 |  | 28.2.25

£ | £ |

| Within one year | 219,401 |  | 217,230 |  |

| Between one and five years | 315,751 |  | 519,102 |  |

535,152 |  | 736,332 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.26 |  | 28.2.25

£ | £ |

| Invoice financing | 448,041 |  | 420,158 |  |

| Close Brothers Limited hold a fixed and floating charge over the assets of the company.

| Neil Eric Bravery held a fixed and floating charge over the assets of the company. This was satisfied on 25 February 2026.

| Funding is underpinned by the directors.

Skipton Hire Centre Limited (Registered number: 01130746)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

| 28.2.26 |  | 28.2.25

£ | £ |

| R J Palmer

| Balance outstanding at start of year | - |  | 62,657 |  |

| Amounts repaid | - |  | (62,657 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| L Hallsworth

| Balance outstanding at start of year | 52,107 |  | - |  |

| Amounts advanced | - |  | 52,107 |  |

| Amounts repaid | (49,825 | ) | - |  |

| Amounts written off | (2,282 | ) | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 52,107 |  |

| M Wilson

| Balance outstanding at start of year | 52,107 |  | - |  |

| Amounts advanced | - |  | 52,107 |  |

| Amounts repaid | (33,696 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 18,411 |  | 52,107 |  |