REGISTERED NUMBER: 10499386 (England and Wales)

FORTIS HIRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T M McBain Allan

Mr M J McBain Allan

SECRETARY:

Mr T M McBain Allan

REGISTERED OFFICE:

Kingshill Farm

Kingshill

Syresham

Brackley

Northamptonshire

NN13 5TH

REGISTERED NUMBER:

10499386 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

FIXED ASSETS

Tangible assets

4

2,737,045

3,022,492

Investments

5

534,503

534,503

3,271,548

3,556,995

CURRENT ASSETS

Stocks

8,200

2,939

Debtors

6

186,583

133,843

Cash at bank and in hand

228,042

290,952

422,825

427,734

CREDITORS

Amounts falling due within one year

7

1,349,335

1,309,055

NET CURRENT LIABILITIES

(926,510

)

(881,321

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,345,038

2,675,674

CREDITORS

Amounts falling due after more than one year

8

(697,023

)

(1,197,686

)

PROVISIONS FOR LIABILITIES

(291,527

)

(209,155

)

NET ASSETS

1,356,488

1,268,833

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,356,388

1,268,733

SHAREHOLDERS' FUNDS

1,356,488

1,268,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2026 and were signed on its behalf by:

Mr T M McBain Allan - Director

1.	STATUTORY INFORMATION

Fortis Hire 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.

Turnover

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 each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2025 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Short

Leasehold

Plant and

leasehold

improvements

machinery

£

£

£

COST

At 1 April 2025

2,920

92,752

3,079,133

Additions

9,109

10,410

156,364

Disposals

-

-

(60,441

)

At 31 March 2026

12,029

103,162

3,175,056

DEPRECIATION

At 1 April 2025

-

-

966,196

Charge for year

-

-

318,341

Eliminated on disposal

-

-

(23,994

)

At 31 March 2026

-

-

1,260,543

NET BOOK VALUE

At 31 March 2026

12,029

103,162

1,914,513

At 31 March 2025

2,920

92,752

2,112,937

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

8,528

1,100,480

9,608

4,293,421

Additions

-

142,587

6,011

324,481

Disposals

-

(60,512

)

-

(120,953

)

At 31 March 2026

8,528

1,182,555

15,619

4,496,949

DEPRECIATION

At 1 April 2025

438

299,323

4,972

1,270,929

Charge for year

853

216,546

729

536,469

Eliminated on disposal

-

(23,500

)

-

(47,494

)

At 31 March 2026

1,291

492,369

5,701

1,759,904

NET BOOK VALUE

At 31 March 2026

7,237

690,186

9,918

2,737,045

At 31 March 2025

8,090

801,157

4,636

3,022,492

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

534,503

NET BOOK VALUE

At 31 March 2026

534,503

At 31 March 2025

534,503

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

82,372

95,792

Other debtors

93,592

28,697

Directors' current accounts

-

7,732

Prepayments and accrued income

10,619

1,622

186,583

133,843

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

606,186

577,948

Hire purchase contracts

1,300

7,799

Trade creditors

54,559

107,266

Social security and other taxes

15,982

17,585

VAT

103,103

33,813

Other creditors

58,990

51,468

Directors' current accounts

20,000

-

Accruals and deferred income

489,215

513,176

1,349,335

1,309,055

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

7,547

41,428

Secured debts

348,990

748,746

Hire purchase contracts

-

1,300

Other creditors

340,486

406,212

697,023

1,197,686

9.	OFF-BALANCE SHEET ARRANGEMENTS

At the year end date the company had operating lease commitments in respect of land and buildings which are not included in the balance sheet and which extend to March 2032. The future minimum lease payments in respect of these total £360,000 of which £60,000 is payable within 12 months

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mr M J McBain Allan

Balance outstanding at start of year

(142

)

(142

)

Amounts repaid

142

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(142

)

Mr T M McBain Allan

Balance outstanding at start of year

(7,590

)

-

Amounts advanced

-

(7,590

)

Amounts repaid

27,590

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,000

(7,590

)