Ready To Go Hire Ltd 31/03/2026 iXBRL

Company registration number: 11900787

READY TO GO HIRE LTD

UNAUDITED FILLETED FINANCIAL STATEMENTS

31 March 2026

READY TO GO HIRE LTD

STATEMENT OF FINANCIAL POSITION

31 MARCH 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	383,812		266,644
		_______		_______
			383,812		266,644

Current assets
Debtors	6	599,671		444,880
Cash at bank and in hand		58,704		16,023
		_______		_______
		658,375		460,903
Creditors: amounts falling due
within one year	7	( 723,703)		( 490,561)
		_______		_______
Net current liabilities			( 65,328)		( 29,658)
			_______		_______
Total assets less current liabilities			318,484		236,986

Creditors: amounts falling due
after more than one year	8		( 15,750)		( 48,900)

Provisions for liabilities			( 66,187)		( 43,495)

			_______		_______
Net assets			236,547		144,591
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			236,447		144,491
			_______		_______
Shareholder funds			236,547		144,591
			_______		_______

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 02 July 2026 , and are signed on behalf of the board by:

Mrs Nicola Goulter

Director

Company registration number: 11900787

READY TO GO HIRE LTD

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31 MARCH 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2024	100	43,047	43,147

Profit for the year		173,444	173,444
	_______	_______	_______
Total comprehensive income for the year	-	173,444	173,444

Dividends paid and payable		( 72,000)	( 72,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 72,000)	( 72,000)

	_______	_______	_______
At 31 March 2025 and 1 April 2025	100	144,491	144,591

Profit for the year		163,956	163,956
	_______	_______	_______
Total comprehensive income for the year	-	163,956	163,956

Dividends paid and payable		( 72,000)	( 72,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 72,000)	( 72,000)

	_______	_______	_______
At 31 March 2026	100	236,447	236,547
	_______	_______	_______

READY TO GO HIRE LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Stapeley House, London Road, Stapeley, Nantwich, Cheshire, CW5 7JW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, 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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts 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, except to the extent 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 in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	20 %	reducing balance
Fittings fixtures and equipment	-	20 %	reducing balance
Motor vehicles	-	20 %	reducing balance
Assets for hire	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

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. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Staff costs

The average number of persons employed by the company during the year amounted to 3 (2025: 2 ).

The aggregate payroll costs incurred during the year were:

	2026	2025
	£	£
Wages and salaries	45,289	29,429
Other pension costs	663	380
	_______	_______
	45,952	29,809
	_______	_______

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Assets for Hire	Total
	£	£	£	£	£	£
Cost
At 1 April 2025	2,267	47,907	5,942	135,329	332,617	524,062
Additions	-	28,109	1,643	59,984	122,595	212,331
	_______	_______	_______	_______	_______	_______
At 31 March 2026	2,267	76,016	7,585	195,313	455,212	736,393
	_______	_______	_______	_______	_______	_______
Depreciation
At 1 April 2025	-	11,998	3,027	47,772	194,621	257,418
Charge for the year	-	7,182	928	17,511	69,542	95,163
	_______	_______	_______	_______	_______	_______
At 31 March 2026	-	19,180	3,955	65,283	264,163	352,581
	_______	_______	_______	_______	_______	_______
Carrying amount
At 31 March 2026	2,267	56,836	3,630	130,030	191,049	383,812
	_______	_______	_______	_______	_______	_______
At 31 March 2025	2,267	35,909	2,915	87,557	137,996	266,644
	_______	_______	_______	_______	_______	_______

6. Debtors

	2026	2025
	£	£
Trade debtors	466,701	304,171
Other debtors	132,970	140,709
	_______	_______
	599,671	444,880
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	646,535	410,081
Corporation tax	18,394	32,947
Social security and other taxes	1,929	-
Other creditors	56,845	47,533
	_______	_______
	723,703	490,561
	_______	_______

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	15,750	48,900
	_______	_______