REGISTERED NUMBER: 01839863 (England and Wales)

Financial Statements for the Year Ended 28 February 2026

for

A & W Tool Hire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Wilson

A T McCarthy

REGISTERED OFFICE:

Carleton Business Park

Carleton New Road

Skipton

North Yorkshire

BD23 2DE

REGISTERED NUMBER:

01839863 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Tangible assets

4

539,227

575,726

CURRENT ASSETS

Stocks

96,884

127,012

Debtors

5

1,894,574

1,684,022

Cash at bank and in hand

15,057

68,054

2,006,515

1,879,088

CREDITORS

Amounts falling due within one year

6

544,024

605,453

NET CURRENT ASSETS

1,462,491

1,273,635

TOTAL ASSETS LESS CURRENT LIABILITIES

2,001,718

1,849,361

CREDITORS

Amounts falling due after more than one year

7

(194,310

)

(119,671

)

PROVISIONS FOR LIABILITIES

(134,807

)

(143,931

)

NET ASSETS

1,672,601

1,585,759

CAPITAL AND RESERVES

Called up share capital

490

490

Capital redemption reserve

510

510

Retained earnings

1,671,601

1,584,759

1,672,601

1,585,759

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.

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

1.	STATUTORY INFORMATION

A & W Tool 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.

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.

Tangible fixed assets

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

Short leasehold

-

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.

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 14 (2025 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 March 2025

40,422

1,676,328

90,665

144,663

1,952,078

Additions

-

164,593

5,222

-

169,815

Disposals

-

(215,478

)

-

-

(215,478

)

At 28 February 2026

40,422

1,625,443

95,887

144,663

1,906,415

DEPRECIATION

At 1 March 2025

25,357

1,152,875

90,665

107,455

1,376,352

Charge for year

2,033

159,912

393

11,035

173,373

Eliminated on disposal

-

(182,537

)

-

-

(182,537

)

At 28 February 2026

27,390

1,130,250

91,058

118,490

1,367,188

NET BOOK VALUE

At 28 February 2026

13,032

495,193

4,829

26,173

539,227

At 28 February 2025

15,065

523,453

-

37,208

575,726

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

188,318

185,651

Amounts owed by group undertakings

1,686,450

1,445,721

Other debtors

19,806

52,650

1,894,574

1,684,022

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

130,958

176,367

Hire purchase contracts (see note 8)

77,852

50,124

Trade creditors

179,907

266,677

Taxation and social security

99,753

72,772

Other creditors

55,554

39,513

544,024

605,453

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

-

14,663

Hire purchase contracts (see note 8)

194,310

105,008

194,310

119,671

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

28.2.26

28.2.25

£

£

Net obligations repayable:

Within one year

77,852

50,124

Between one and five years

194,310

105,008

272,162

155,132

Non-cancellable

operating leases

28.2.26

28.2.25

£

£

Within one year

68,434

79,219

Between one and five years

86,550

152,157

154,984

231,376

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.26

28.2.25

£

£

Bank loans

2,287

71,206

Close Brothers Limited hold a fixed and floating charge over the property and undertakings of the company.

Neil Eric Bravery holds a fixed and floating charge over the assets of the company. This was satisfied on 5 May 2026.

Funding is underpinned by the directors.