1 November 2024 v2026.27.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 09285064 2024-11-01 2025-10-31 09285064 2025-10-31 09285064 2024-10-31 09285064 core:WithinOneYear 2025-10-31 09285064 core:WithinOneYear 2024-10-31 09285064 core:AfterOneYear 2024-10-31 09285064 core:ShareCapital 2025-10-31 09285064 core:ShareCapital 2024-10-31 09285064 core:RevaluationReserve 2025-10-31 09285064 core:RevaluationReserve 2024-10-31 09285064 core:RetainedEarningsAccumulatedLosses 2025-10-31 09285064 core:RetainedEarningsAccumulatedLosses 2024-10-31 09285064 bus:Director1 2024-11-01 2025-10-31 09285064 bus:RegisteredOffice 2024-11-01 2025-10-31 09285064 core:PlantMachinery 2024-11-01 2025-10-31 09285064 core:FurnitureFittings 2024-11-01 2025-10-31 09285064 core:MotorVehicles 2024-11-01 2025-10-31 09285064 2023-10-31 2024-10-31 09285064 core:PlantMachinery 2024-11-01 09285064 core:PlantMachinery 2025-10-31 09285064 core:PlantMachinery 2024-10-31 09285064 core:CostValuation 2024-11-01 09285064 core:CostValuation 2025-10-31 09285064 1 2024-11-01 2025-10-31 09285064 countries:EnglandWales 2024-11-01 2025-10-31 09285064 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 09285064 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09285064 bus:SmallEntities 2024-11-01 2025-10-31 09285064 bus:FullAccounts 2024-11-01 2025-10-31
Company registration number:
09285064
London Hire & Lift Ltd
Unaudited Filleted Financial Statements for the year ended
31 October 2025
London Hire & Lift Ltd
Report of the Accountant to the directors of London Hire & Lift Ltd
Year ended
31 October 2025
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended
31 October 2025
.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the statement of financial position you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a "true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Atherton Accountancy Limited
30 Bolton Old Road
Atherton
Manchester
M46 9DL
United Kingdom
Date:
17 July 2026
London Hire & Lift Ltd
Statement of Financial Position
31 October 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 280,721 |  | 292,492 |
Investments | 6 | 1,151,730 |  | 1,151,730 |
|  | 1,432,451 |  | 1,444,222 |
Current assets |  |  |  |  |
Stocks |  | 68,180 |  | 99,769 |
Debtors | 7 | 161,239 |  | 157,804 |
Cash at bank and in hand |  | 248,188 |  | 225,374 |
|  | 477,607 |  | 482,947 |
Creditors: amounts falling due within one year | 8 | (458,030 | ) | (580,579 | )
Net current assets/(liabilities) |  | 19,577 |  | (97,632 | )
Total assets less current liabilities |  | 1,452,028 |  | 1,346,590 |
Creditors: amounts falling due after more than one year | 9 | - |  | (5,944 | )
Net assets |  | 1,452,028 |  | 1,340,646 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Revaluation reserve |  | 120,125 |  | 120,125 |
Profit and loss account |  | 1,331,803 |  | 1,220,421 |
Shareholders funds |  | 1,452,028 |  | 1,340,646 |

For the year ending
31 October 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
17 July 2026
, and are signed on behalf of the board by:

S Holding
Director

Company registration number:
09285064
London Hire & Lift Ltd
Notes to the Financial Statements
Year ended
31 October 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Old Fire Station
,
Durham Road
,
Birtley
,
DH3 1LU
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery | 15% reducing balance
Fixtures and fittings | 20% reducing balance
Motor vehicles | 25% reducing balance

## Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

## Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

## Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## 4 Average number of employees

The average number of persons employed by the company during the year was
6
(2024:
6.00
).

## 5 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 November 2024 | 800,915 |
Additions | 46,657 |
At 31 October 2025 | 847,572 |
Depreciation |  |
At 1 November 2024 | 508,423 |
Charge | 58,428 |
At 31 October 2025 | 566,851 |
Carrying amount |  |
At 31 October 2025 | 280,721 |
At 31 October 2024 | 292,492 |

## 6 Investments

| Other investments other than loans
--- | ---
| £
Cost |  |
At 1 November 2024 | 1,151,730 |
At 31 October 2025 | 1,151,730 |
Impairment |  |
At 1 November 2024 and 31 October 2025 | - |
Carrying amount |  |
At 31 October 2025 | 1,151,730 |
At 31 October 2024 | 1,151,730 |

## 7 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 161,239 |  | 157,804 |

## 8 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | - |  | 9,201 |
Trade creditors | 44,759 |  | 28,473 |
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 231,818 |  | 395,454 |
Taxation and social security | 175,510 |  | 139,240 |
Other creditors | 5,943 |  | 8,211 |
| 458,030 |  | 580,579 |

## 9 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Other creditors | - |  | 5,944 |