REGISTERED NUMBER: 04825437 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

D.A.K. Tipper Hire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Reid

SECRETARY:

Mrs K Reid

REGISTERED OFFICE:

Unit 4 - Adams House

Wesley Drive

Benton Square Industrial Estate

Newcastle upon Tyne

NE12 9UP

REGISTERED NUMBER:

04825437 (England and Wales)

ACCOUNTANTS:

Inspire Chartered Accountants

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

525,823

592,451

525,823

592,451

CURRENT ASSETS

Debtors

7

173,407

187,161

Cash at bank and in hand

37,616

36,884

211,023

224,045

CREDITORS

Amounts falling due within one year

8

320,155

306,857

NET CURRENT LIABILITIES

(109,132

)

(82,812

)

TOTAL ASSETS LESS CURRENT LIABILITIES

416,691

509,639

CREDITORS

Amounts falling due after more than one year

9

(237,447

)

(261,539

)

PROVISIONS FOR LIABILITIES

(117,108

)

(133,765

)

NET ASSETS

62,136

114,335

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

62,036

114,235

62,136

114,335

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 27 April 2026 and were signed by:

K Reid - Director

1.	STATUTORY INFORMATION

D.A.K. Tipper 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance and 14% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 8 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

15,000

AMORTISATION

At 1 March 2025

and 28 February 2026

15,000

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 March 2025

27,500

109,433

15,950

1,118,869

1,271,752

Additions

-

2,300

-

103,990

106,290

Disposals

-

(33,000

)

-

(140,740

)

(173,740

)

At 28 February 2026

27,500

78,733

15,950

1,082,119

1,204,302

DEPRECIATION

At 1 March 2025

-

69,202

7,653

602,446

679,301

Charge for year

-

6,121

1,595

137,461

145,177

Eliminated on disposal

-

(19,273

)

-

(126,726

)

(145,999

)

At 28 February 2026

-

56,050

9,248

613,181

678,479

NET BOOK VALUE

At 28 February 2026

27,500

22,683

6,702

468,938

525,823

At 28 February 2025

27,500

40,231

8,297

516,423

592,451

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2025

45,750

682,060

727,810

Additions

-

103,990

103,990

Disposals

(33,000

)

-

(33,000

)

At 28 February 2026

12,750

786,050

798,800

DEPRECIATION

At 1 March 2025

23,361

337,277

360,638

Charge for year

3,358

120,382

123,740

Eliminated on disposal

(19,273

)

-

(19,273

)

At 28 February 2026

7,446

457,659

465,105

NET BOOK VALUE

At 28 February 2026

5,304

328,391

333,695

At 28 February 2025

22,389

344,783

367,172

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

155,256

146,737

Other debtors

18,151

40,424

173,407

187,161

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

3,333

10,000

Hire purchase contracts

127,153

103,434

Trade creditors

21,490

25,019

Taxation and social security

65,750

66,455

Other creditors

102,429

101,949

320,155

306,857

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

-

3,333

Hire purchase contracts

237,447

258,206

237,447

261,539

10.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.26

28.2.25

£

£

Hire purchase contracts

364,600

361,640

Hire purchase liabilities is secured against the assets to which they relate.