REGISTERED NUMBER: 04633375 (England and Wales)

Financial Statements for the Year Ended 31 January 2026

for

CMS Hire Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Brimble

S Cooper

Mrs S E Cooper

SECRETARY:

Mrs S E Cooper

REGISTERED OFFICE:

3 Dale Street

Bilston

Wolverhampton

West Midlands

WV14 7JY

REGISTERED NUMBER:

04633375 (England and Wales)

ACCOUNTANTS:

Haines Watts Wolverhampton Limited

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Tangible assets

4

6,485,686

7,520,756

CURRENT ASSETS

Debtors

5

448,570

458,426

Cash at bank

435,509

319,059

884,079

777,485

CREDITORS

Amounts falling due within one year

6

1,962,106

2,130,559

NET CURRENT LIABILITIES

(1,078,027

)

(1,353,074

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,407,659

6,167,682

CREDITORS

Amounts falling due after more than one year

7

(2,575,908

)

(3,258,342

)

PROVISIONS FOR LIABILITIES

(637,481

)

(719,318

)

NET ASSETS

2,194,270

2,190,022

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

2,194,170

2,189,922

SHAREHOLDERS' FUNDS

2,194,270

2,190,022

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2026 and were signed on its behalf by:

S Cooper - Director

1.	STATUTORY INFORMATION

CMS 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about CMS Hire Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Subsequent to the depreciation charge, directors annually review the Net Book Value of tangible fixed assets. This value is amended to more accurately reflect the value of the assets through the reduction in the annual depreciation charge.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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 tax

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 and hire purchase contracts are charged to the profit or loss on a straight line basis over the period of the lease or hire purchase contract.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

89,700

32,816

10,395,607

10,518,123

Additions

-

795

230,589

231,384

Disposals

-

-

(271,557

)

(271,557

)

At 31 January 2026

89,700

33,611

10,354,639

10,477,950

DEPRECIATION

At 1 February 2025

79,055

29,459

2,888,853

2,997,367

Charge for year

2,953

592

1,134,374

1,137,919

Eliminated on disposal

-

-

(143,022

)

(143,022

)

At 31 January 2026

82,008

30,051

3,880,205

3,992,264

NET BOOK VALUE

At 31 January 2026

7,692

3,560

6,474,434

6,485,686

At 31 January 2025

10,645

3,357

7,506,754

7,520,756

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

8,552,604

Additions

223,589

Transfer to ownership

(2,711,692

)

At 31 January 2026

6,064,501

DEPRECIATION

At 1 February 2025

1,967,054

Charge for year

1,000,877

Transfer to ownership

(1,204,429

)

At 31 January 2026

1,763,502

NET BOOK VALUE

At 31 January 2026

4,300,999

At 31 January 2025

6,585,550

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

113,355

135,971

Amounts owed by participating interests

170,620

163,220

Prepayments and accrued income

164,595

159,235

448,570

458,426

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 8)

60,681

67,143

Hire purchase contracts (see note 9)

1,052,613

1,387,727

Trade creditors

203,406

268,659

Amounts owed to participating interests

2,524

2,524

Tax

165,381

38,527

VAT

405,461

327,807

Directors' loan accounts

64,865

26,925

Accruals and deferred income

7,175

11,247

1,962,106

2,130,559

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 8)

28,571

89,671

Hire purchase contracts (see note 9)

1,047,611

1,911,081

Amounts owed to group undertakings

1,498,877

1,256,741

Amounts owed to participating interests

849

849

2,575,908

3,258,342

8.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

60,681

67,143

Amounts falling due between two and five years:

Bank loans - 2-5 years

28,571

89,671

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

1,052,613

1,387,727

Between one and five years

1,047,611

1,911,081

2,100,224

3,298,808

Non-cancellable

operating leases

2026

2025

£

£

Within one year

73,500

73,500

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

89,252

156,814

Hire purchase contracts

2,100,224

3,298,808

2,189,476

3,455,622

The bank overdraft, loans and hire purchase obligations are secured by a fixed and floating charge. The floating charge covers all the property or undertaking of the company. Contains negative pledge.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

12.	CONTINGENT LIABILITIES

The company is part of a composite unlimited multilateral guarantee dated 26 September 2007 in favour of HSBC Bank, which includes all fellow subsidiary companies.