REGISTERED NUMBER: 12912093 (England and Wales)

Flexi Rentals Limited

Unaudited Financial Statements for the Year Ended 30 September 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

W A Baber

REGISTERED OFFICE:

1 High Street

Sheerness

Kent

ME12 1NY

REGISTERED NUMBER:

12912093 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

1 High Street

Sheerness

Kent

ME12 1NY

FIXED ASSETS

Tangible assets

4

550,745

611,061

CURRENT ASSETS

Debtors

5

33,464

30,471

Cash at bank

3,079

2,468

36,543

32,939

CREDITORS

Amounts falling due within one year

6

268,022

296,937

NET CURRENT LIABILITIES

(231,479

)

(263,998

)

TOTAL ASSETS LESS CURRENT LIABILITIES

319,266

347,063

CREDITORS

Amounts falling due after more than one year

7

(265,081

)

(227,290

)

PROVISIONS FOR LIABILITIES

(20,131

)

(37,210

)

NET ASSETS

34,054

82,563

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

34,053

82,562

34,054

82,563

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2026 and were signed by:

W A Baber - Director

1.	STATUTORY INFORMATION

Flexi Rentals Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Significant judgements - going concern

When preparing the financial statements, the director has assessed whether there are significant doubts about the company's ability to continue as a going concern, particularly as there are net current liabilities. There are no material uncertainties of which the director is aware in making his assessment.

Creditors falling due within one year include £213,147 owed for various hire purchase contracts. Repayments are due to be made monthly and the director expects income to continue to be received from the use of such assets on a monthly basis. Therefore, the director considers that the company has sufficient cash reserves to enable it to meet its obligations as they fall due for a period of at least 12 months from the date of signing of these financial statements. As such, the director is satisfied that the company has adequate resources to continue to operate for the foreseeable future and he continues to adopt the going concern basis for preparing these financial statements.

Income recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted by the year end.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

1,177,939

Additions

261,320

Disposals

(144,596

)

At 30 September 2025

1,294,663

DEPRECIATION

At 1 October 2024

566,878

Charge for year

273,489

Eliminated on disposal

(96,449

)

At 30 September 2025

743,918

NET BOOK VALUE

At 30 September 2025

550,745

At 30 September 2024

611,061

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

3,183

-

Other debtors

23,200

23,390

26,383

23,390

Amounts falling due after more than one year:

Other debtors

7,081

7,081

Aggregate amounts

33,464

30,471

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

213,147

212,182

Trade creditors

11,595

41,792

Taxation and social security

2,075

16,063

Other creditors

41,205

26,900

268,022

296,937

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

265,081

227,290

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

478,228

439,472

Hire purchase agreements are secured against the relevant assets.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

W A Baber

Balance outstanding at start of year

20,980

49,082

Amounts repaid

(186

)

(28,101

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,794

20,980