G B Vehicle Hire (Birmingham) Limited

Registered number

06394656

Report and Unaudited Accounts

31 October 2025

Collins

Chartered Accountants

West Midlands

G B Vehicle Hire (Birmingham) Limited
Registered number:		06394656
Balance Sheet
as at 31 October 2025


Notes		2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		467,167		533,672

Current assets
Debtors	4	190,675		129,663
Cash at bank and in hand		47,161		102,505
		237,836		232,168

Creditors: amounts falling due within one year	5	(230,062)		(228,482)

Net current assets			7,774		3,686

Total assets less current liabilities			474,941		537,358

Creditors: amounts falling due after more than one year	6		(43,705)		(71,893)

Provisions for liabilities			(53,132)		(69,758)

Net assets			378,104		395,707

Capital and reserves
Called up share capital			2		2
Profit and loss account			378,102		395,705

Shareholders' funds			378,104		395,707

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



A Beckford
Director
Approved by the board on 21 July 2026

G B Vehicle Hire (Birmingham) Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is for vehicle hire and comprises the income receivable for hire periods during the year

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Land and Buildings			Nil
	Plant and Equipment			20% straight line
	Motor Vehicles			20% reducing balance

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	254,640		262,549		329,049		846,238
	Additions	-		3,862		49,589		53,451
	Disposals	-		-		(84,441)		(84,441)
	At 31 October 2025	254,640		266,411		294,197		815,248

	Depreciation
	At 1 November 2024	-		171,316		141,250		312,566
	Charge for the year	-		40,436		47,154		87,590
	On disposals	-		-		(52,075)		(52,075)
	At 31 October 2025	-		211,752		136,329		348,081

	Net book value
	At 31 October 2025	254,640		54,659		157,868		467,167
	At 31 October 2024	254,640		91,233		187,799		533,672




4	Debtors					2025		2024
£							£

	Prepayments and accrued income					19,638		13,283
	Other debtors					171,037		116,380
						190,675		129,663


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans					27,191		30,220
	Trade creditors					31,699		19,475
	Corporation tax					25,092		32,034
	Other taxes and social security costs					9,325		1,717
	Directors loans					66,005		123,911
	Accruals and deferred income					70,750		21,125
						230,062		228,482


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					43,705		71,893


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					64,763		85,653

	The Bank Loan from NatWest Bank plc is secured by a debenture over the company assets.


8	Other information

	G B Vehicle Hire (Birmingham) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Lodge Castle Bromwich Hall
	Chester Road
	Castle Bromwich
	West Midlands
	B36 9DE