REGISTERED NUMBER: 06469493 (England and Wales)

S & B Car and Van Hire Limited

Unaudited Financial Statements for the Year Ended 31 January 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

R J Lee

REGISTERED OFFICE:

Forstal Farm Barn

Forstal Lane

East Farleigh

Kent

ME15 0QE

REGISTERED NUMBER:

06469493 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

4

1,441,744

1,824,898

Investment property

5

267,052

267,052

1,708,796

2,091,950

CURRENT ASSETS

Debtors

6

332,280

329,876

Cash in hand

801

-

333,081

329,876

CREDITORS

Amounts falling due within one year

7

1,883,933

2,090,448

NET CURRENT LIABILITIES

(1,550,852

)

(1,760,572

)

TOTAL ASSETS LESS CURRENT LIABILITIES

157,944

331,378

CREDITORS

Amounts falling due after more than one year

8

-

38,182

NET ASSETS

157,944

293,196

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

157,844

293,096

SHAREHOLDERS' FUNDS

157,944

293,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 June 2026 and were signed by:

R J Lee - Director

1.	STATUTORY INFORMATION

S & B Car and Van 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.

Income recognition

Turnover represents net invoiced hire charges and vehicle sales, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

5% on cost

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 20% on cost and 15% on reducing balance

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes 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 statement of financial position date.

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 8 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2025

975,544

2,721,878

3,697,422

Additions

-

54,920

54,920

Disposals

(158,019

)

(51,038

)

(209,057

)

At 31 January 2026

817,525

2,725,760

3,543,285

DEPRECIATION

At 1 February 2025

61,276

1,811,248

1,872,524

Charge for year

4,998

239,330

244,328

Eliminated on disposal

-

(15,311

)

(15,311

)

At 31 January 2026

66,274

2,035,267

2,101,541

NET BOOK VALUE

At 31 January 2026

751,251

690,493

1,441,744

At 31 January 2025

914,268

910,630

1,824,898

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

267,052

NET BOOK VALUE

At 31 January 2026

267,052

At 31 January 2025

267,052

Fair value at 31 January 2026 is represented by:

£

Valuation in 2026

267,052

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

(8,694

)

Other debtors

332,280

338,570

332,280

329,876

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

13,955

31,242

Hire purchase contracts (see note 9)

27,299

139,447

Trade creditors

29,977

43,403

Amounts owed to group undertakings

164,341

115,173

Taxation and social security

2,156

8,976

Other creditors

1,646,205

1,752,207

1,883,933

2,090,448

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

4,167

Hire purchase contracts (see note 9)

-

6,408

Other creditors

-

27,607

-

38,182

9.	LEASING AGREEMENTS

The company had total commitments under non-cancellable operating leases of £53,139 (2025: £77,139)

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdrafts

9,788

21,242

Bank loans

4,167

14,167

13,955

35,409

Lloyds Bank plc hold fixed and floating charges by way of a debenture over all assets of the company.

West One Loan Limited holds fixed and floating charges and a negative pledge over a freehold property of the company.

Singers Corporate Asset Finance Ltd hold a legal charge over hire purchase or hire agreements with the company.

First Kent Properties Limited hold a charge securing a rent deposit.