REGISTERED NUMBER: 14398658 (England and Wales)

E G LEWIS GROUP HIRE SERVICES LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T F Lewis

REGISTERED OFFICE:

Tank Farm Road

Llandarcy

Neath

SA10 6EN

REGISTERED NUMBER:

14398658 (England and Wales)

AUDITORS:

Bevan Buckland Audit Ltd (Statutory Auditors)

Ground Floor Cardigan House

Castle Court

Swansea Enterprise Park

Swansea

SA7 9LA

FIXED ASSETS

Tangible assets

4

317,896

545,831

CURRENT ASSETS

Stocks

4,500

4,500

Debtors

5

102,677

54,884

Cash at bank

441,806

78,409

548,983

137,793

CREDITORS

Amounts falling due within one year

6

685,465

491,606

NET CURRENT LIABILITIES

(136,482

)

(353,813

)

TOTAL ASSETS LESS CURRENT LIABILITIES

181,414

192,018

PROVISIONS FOR LIABILITIES

30,365

48,020

NET ASSETS

151,049

143,998

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

150,949

143,898

151,049

143,998

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 28 October 2026 and were signed by:

T F Lewis - Director

1.	STATUTORY INFORMATION

E G Lewis Group Hire Services Ltd 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.

Going Concern

The financial statements have been prepared on the going concern basis. The director has assessed the company’s ability to continue as a going concern for a period of at least twelve months from the date of approval of these financial statements.

In making this assessment, the director has considered the company’s profitability, its net asset position, its cash resources and its forecast trading. The director has also considered the amounts owed to group undertakings, and has received confirmation that these balances will not be called for repayment where this would prejudice the company’s ability to meet its other liabilities as they fall due.

On this basis, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, and considers it appropriate to prepare the financial statements on the going concern basis.

Preparation of consolidated financial statements

The financial statements contain information about E G Lewis Group Hire Services Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 401 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, E G LEWIS GROUP INVESTMENT SERVICES LTD, Tank Farm Road, Llandarcy, Neath, United Kingdom, SA10 6EN.

Turnover

Turnover represents amounts receivable for the hire of plant, machinery and motor vehicles, net of VAT and trade discounts.

Hire income is recognised on a straight-line basis over the period of the hire agreement. Where a hire period spans the year end, income is apportioned so that only the element relating to the period up to the balance sheet date is recognised, with amounts invoiced in advance included in accruals and deferred income and amounts earned but not yet invoiced included in accrued income.

Income from ancillary services provided alongside the hire of equipment, such as delivery and collection, is recognised when the service has been performed.

Assets held for hire under operating leases are included within tangible fixed assets and depreciated in accordance with the company’s depreciation policy.

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 etc

-

25% on cost

All categories of assets are measured using the cost method. Cost comprises the purchase price of the asset and expenditure directly attributable to the acquisition of the item.

A fixed asset is derecognised upon disposal or when no future economic benefits are expected to arise from the continued use of the asset. The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the income statement.

Impairment of fixed assets

At each reporting date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Recoverable amount is the higher of fair value less costs to sell and value in use.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss.

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 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 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.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provisions for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

880,467

Additions

17,470

Disposals

(77,417

)

At 31 January 2026

820,520

DEPRECIATION

At 1 February 2025

334,636

Charge for year

203,334

Eliminated on disposal

(35,346

)

At 31 January 2026

502,624

NET BOOK VALUE

At 31 January 2026

317,896

At 31 January 2025

545,831

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Due from common control entities

69,433

14,269

Other debtors

33,244

40,615

102,677

54,884

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

10,441

6,342

Amounts owed to group undertakings

609,900

399,900

Due to common control entities

-

9,510

Taxation and social security

54,383

67,858

Other creditors

10,741

7,996

685,465

491,606

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Henry Lloyd-Davies (Senior Statutory Auditor)

for and on behalf of Bevan Buckland Audit Ltd (Statutory Auditors)

8.	RELATED PARTY DISCLOSURES

Entities with control, joint control or significant influence over the entity

2026

2025

£

£

Sales

813,731

858,018

Purchases

90,075

60,240

Amount due from related party

69,433

14,269

Amount due to related party

-

9,510

9.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking is E G Lewis Group Investment Services Ltd (registered number 14182838), a company registered in England and Wales. Its registered office is Tank Farm Road, Llandarcy, Neath, SA10 6EN.

Copies of the group financial statements can be obtained from Companies House or from the registered office above.

In the opinion of the directors, there is no single ultimate controlling party of E G Lewis Group Investment Services Ltd.