REGISTERED NUMBER: 02683085 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Engineering and Hire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J W Miles

Mrs H M Miles

SECRETARY:

Mrs H M Miles

REGISTERED OFFICE:

Marsh Lane

Laughterton

Lincoln

Lincolnshire

LN1 2JX

REGISTERED NUMBER:

02683085 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

FIXED ASSETS

Property, plant and equipment

4

153,815

115,847

CURRENT ASSETS

Inventories

943,224

949,547

Debtors

5

105,128

98,104

Cash at bank and in hand

925,217

772,487

1,973,569

1,820,138

CREDITORS

Amounts falling due within one year

6

329,512

341,465

NET CURRENT ASSETS

1,644,057

1,478,673

TOTAL ASSETS LESS CURRENT LIABILITIES

1,797,872

1,594,520

PROVISIONS FOR LIABILITIES

17,679

15,560

NET ASSETS

1,780,193

1,578,960

CAPITAL AND RESERVES

Called up share capital

5,780

5,780

Retained earnings

1,774,413

1,573,180

SHAREHOLDERS' FUNDS

1,780,193

1,578,960

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

M J W Miles - Director

1.	STATUTORY INFORMATION

Engineering and 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

Revenue 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.

Plant and machinery

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

33% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 10 (2025 - 10 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2025

173,861

115,639

18,328

307,828

Additions

47,800

36,975

-

84,775

Disposals

-

(20,654

)

-

(20,654

)

At 28 February 2026

221,661

131,960

18,328

371,949

DEPRECIATION

At 1 March 2025

145,365

31,114

15,502

191,981

Charge for year

12,915

30,164

2,826

45,905

Eliminated on disposal

-

(19,752

)

-

(19,752

)

At 28 February 2026

158,280

41,526

18,328

218,134

NET BOOK VALUE

At 28 February 2026

63,381

90,434

-

153,815

At 28 February 2025

28,496

84,525

2,826

115,847

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

58,630

77,062

Prepayments

46,498

21,042

105,128

98,104

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

44,725

47,694

Corporation tax

102,347

101,791

Social security and other taxes

6,708

5,144

VAT

30,126

29,793

Other creditors

1,349

2,686

Directors' current accounts

46,590

35,897

Accrued expenses

97,667

118,460

329,512

341,465

7.	SECURED DEBTS

A charge was registered on 3rd July 2013 for securing all present and future amounts due from the company to Clydesdale Bank PLC on any account whatsoever. The charged assets are the whole property, assets and rights.