MCES_Hire_Limited_31_Dec_2025_companies_house_set_of

MCES Hire Limited

Report to the board of directors on the preparation of the unaudited statutory financial statements of MCES Hire Limited

Year ended

31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements

MCES Hire Limited

for the year ended

31 December 2025

which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Members/Doc/rule/2018-rulebook.pdf.

This report is made solely to the Board of Directors of

MCES Hire Limited

, as a body. Our work has been undertaken solely to prepare for your approval the

financial statements

MCES Hire Limited

and state those matters that we have agreed to state to the Board of Directors of

MCES Hire Limited

, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than

MCES Hire Limited

and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that

MCES Hire Limited

has kept adequate accounting records and to prepare statutory

financial statements

that give a true and fair view of the assets, liabilities, financial position and profit of

MCES Hire Limited

. You consider that

MCES Hire Limited

is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of MCES Hire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A G Smith & Co Ltd

Chartered Certified Accountants

Unit 8 Laceby Business Park

Grimsby Road

Laceby

North East Lincolnshire

DN37 7DP

United Kingdom

Date:

16 July 2026

MCES Hire Limited

Statement of Financial Position

31 December 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	624,574		318,694
Investments	6	1		1
		624,575		318,695
Current assets
Stocks		675		675
Debtors	7	36,306		79,606
Cash at bank and in hand		3,859		33,744
		40,840		114,025
Creditors: amounts falling due within one year	8	(344,295	)	(306,048	)
Net current liabilities		(303,455	)	(192,023	)
Total assets less current liabilities		321,120		126,672
Creditors: amounts falling due after more than one year	9	(199,494	)	(22,377	)
Provisions for liabilities		(19,191	)	(23,446	)
Net assets		102,435		80,849
Capital and reserves
Called up share capital		101		101
Profit and loss account		102,334		80,748
Shareholders funds		102,435		80,849

For the year ending

31 December 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 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.

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

16 July 2026

, and are signed on behalf of the board by:

M Crome

Director

Company registration number:

09900756

MCES Hire Limited

Notes to the Financial Statements

Year ended

31 December 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

352-366 Cleethorpe Road

Grimsby

North East Lincolnshire

DN31 3DH

, 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.

Turnover 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 reiiably; 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 measure reliably.

Turnover from the hire of equipment is recognised in the period to which the hire related.

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	15% reducing balance
Motor vehicles	25% reducing balance
Office equipment	33% straight line
Land and buildings	Not depreciated

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

2.00

5 Tangible assets

	Land and buildings	Plant and machinery etc.		Total
	£	£		£
Cost
At 1 January 2025	221,321	312,302		533,623
Additions	323,549	-		323,549
Disposals	-	(27,166	)	(27,166	)
At 31 December 2025	544,870	285,136		830,006
Depreciation
At 1 January 2025	-	214,929		214,929
Charge	-	14,077		14,077
Disposals	-	(23,574	)	(23,574	)
At 31 December 2025	-	205,432		205,432
Carrying amount
At 31 December 2025	544,870	79,704		624,574
At 31 December 2024	221,321	97,373		318,694

6 Investments

	Other investments other than loans
	£
Cost
At 1 January 2025	1
At 31 December 2025	1
Impairment
At 1 January 2025 and 31 December 2025	-
Carrying amount
At 31 December 2025	1
At 31 December 2024	1

7 Debtors

	2025	2024
	£	£
Trade debtors	34,000	24,000
Amounts owed by group undertakings and undertakings in which the company has a participating interest	2,306	-
Other debtors	-	55,606
	36,306	79,606

8 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	20,918	10,000
Amounts owed to group undertakings and undertakings in which the company has a participating interest	256,674	-
Taxation and social security	46,493	49,148
Other creditors	20,210	246,900
	344,295	306,048

Included within other creditors is a loan from GRF Hire Limited £20,210 (2024: £23,077). This loan is secured by a first legal charge on a Freehold Property.

Included within other creditors is a loan from Barclays £16.751 (2024: £nil). This loan is secured by a fixed charge over the asset to which the finance relates.

9 Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	199,494	4,167
Other creditors	-	18,210
	199,494	22,377

Included within other creditors is a loan from GRF Hire Limited £nil (2024: £18,210). This loan is secured by a first legal charge on a Freehold Property.

Included within other creditors is a loan from Barclays £199,474 (2024: £nil). This loan is secured by a fixed charge over the asset to which the finance relates.