SLT HIRE LTD


Directors	WOODALL, Callum Glenn
	WOODALL, Glenn Kenneth


Registered Address	Yard 4 Courtney Street
	Hull
	HU8 7QF


Registered Number	10580426 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		358,105		445,377
			358,105		445,377
Current assets
Debtors	4	162,851		124,894
Cash at bank and on hand		12,410		38,020
		175,261		162,914
Creditors amounts falling due within one year	5	(241,531)		(285,791)
Net current assets (liabilities)			(66,270)		(122,877)
Total assets less current liabilities			291,835		322,500
Creditors amounts falling due after one year	6		(271,116)		(268,638)
Provisions for liabilities	8		(20,575)		-
Net assets			144		53,862
Capital and reserves
Called up share capital			1,002		1,000
Profit and loss account			(858)		52,862
Shareholders' funds			144		53,862

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 30 October 2026, and are signed on its behalf by:

WOODALL, Glenn Kenneth
Director
Registered Company No. 10580426

SLT HIRE LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	10
Plant and machinery	20	-
Fixtures and fittings	20	-
Vehicles	20	-
Office Equipment	20	-

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	6		5

3.	Tangible fixed assets

	Land & buildings	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 February 25	-	676,002	7,917	683,919
Additions	7,445	23,314	3,745	34,504
Disposals	-	(70,629)	(979)	(71,608)
At 31 January 26	7,445	628,687	10,683	646,815
Depreciation and impairment
At 01 February 25	-	235,892	2,650	238,542
Charge for year	682	85,621	1,391	87,694
On disposals	-	(36,839)	(687)	(37,526)
At 31 January 26	682	284,674	3,354	288,710
Net book value
At 31 January 26	6,763	344,013	7,329	358,105
At 31 January 25	-	440,110	5,267	445,377

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	44,928	47,744
Other debtors	117,493	77,150
Prepayments and accrued income	430	-
Total	162,851	124,894

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	45,209	137,001
Bank borrowings and overdrafts	44,285	838
Taxation and social security	152,037	137,823
Other creditors	-	9,329
Accrued liabilities and deferred income	-	800
Total	241,531	285,791


	Included within bank borrowings and overdrafts is an amount payable to the director of £44,285 (31.01.2025 £838)

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	105,389	27,000
Other creditors	165,727	241,638
Total	271,116	268,638

7.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	165,727		241,638

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	20,575	-
Total	20,575	-

9.	Share capital
	1000 Ordinary Shares 1 Ordinary B Share 1 Ordinary C Share

10.	Related party transactions
	During the year, the Company entered into transactions with related parties, being entities under common control, including VFL Auto Ltd, DRT Hire and Foxy Vehicle Rental. At the year end, amounts due from the related parties comprised £115,629 total amount due (2025: £77,125 due to be paid to related parties and then £9,329 due to repaid from related parties) 2026 £65,526 from VFL Auto Ltd, there is £1,079 due to be repaid from Foxy Vehicle Rentals and £48,024 due to be paid from DRT Hire Ltd and £1,000 due to be paid from Tanks Travel). These balances are unsecured, interest-free and repayable on demand.

10.

Related party transactions

During the year, the Company entered into transactions with related parties, being entities under common control, including VFL Auto Ltd, DRT Hire and Foxy Vehicle Rental.

At the year end, amounts due from the related parties comprised £115,629 total amount due (2025: £77,125 due to be paid to related parties and then £9,329 due to repaid from related parties) 2026  £65,526 from VFL Auto Ltd, there is £1,079 due to be repaid from Foxy Vehicle Rentals and £48,024 due to be paid from DRT Hire Ltd and £1,000 due to be paid from Tanks Travel).

These balances are unsecured, interest-free and repayable on demand.