United Grab Hire Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 03372088

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		63,457		67,208

			63,457		67,208
CURRENT ASSETS
Debtors	5	1,303,038		1,345,584
Cash at bank and in hand		354,558		184,087

		1,657,596		1,529,671
Creditors: Amounts Falling Due Within One Year	6	(1,142,965 )		(949,238 )

NET CURRENT ASSETS (LIABILITIES)			514,631		580,433

TOTAL ASSETS LESS CURRENT LIABILITIES			578,088		647,641

Creditors: Amounts Falling Due After More Than One Year	7		-		(40,334 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,970 )		(11,937 )

NET ASSETS			567,118		595,370

CAPITAL AND RESERVES
Called up share capital	8		101		101
Profit and Loss Account			567,017		595,269

SHAREHOLDERS' FUNDS			567,118		595,370

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United Grab Hire Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M Howland

Director

31 July 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

United Grab Hire Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03372088 . The registered office is C/O Seftons, 135-143 Union Street, Oldham, Lancashire, OL1 1TE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over 10 years straight line
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

...CONTINUED

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United Grab Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.4. Taxation - continued

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 23)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 August 2024	101,365	676,109	777,474
Additions	-	26,054	26,054

As at 31 July 2025	101,365	702,163	803,528

Depreciation
As at 1 August 2024	86,958	623,308	710,266
Provided during the period	10,137	19,668	29,805

As at 31 July 2025	97,095	642,976	740,071

Net Book Value
As at 31 July 2025	4,270	59,187	63,457

As at 1 August 2024	14,407	52,801	67,208

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United Grab Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	770,755	956,282
Other debtors	532,283	389,302

	1,303,038	1,345,584

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	558,771	457,300
Bank loans and overdrafts	40,334	44,000
Other creditors	383,754	285,927
Taxation and social security	160,106	162,011

	1,142,965	949,238

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	40,334

8. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	1	1
Called Up Share Capital has been paid up	100	100

Amount of Allotted, Called Up Share Capital	101	101

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2025
	£	£	£	£	£
Mr Mark Howland	-	177,542	-	-	177,542

The above loan is unsecured and repayable on demand.

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United Grab Hire Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

10. Related Party Transactions

During the year the company entered into the following transactions with related parties:

The United Grab Hire pension fund charges rent to the company for occupation of the yard. At the year end

the pension fund owed the company £179,475 (2024 - £215,808).

During the year the company transacted with United Plant Hire Limited in the normal course of trade. The

companies are under common control. At the balance sheet date, United Plant Hire Limited was owed

£194,903 (2024 - £58,539) by the entity.

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