REGISTERED NUMBER: 03267972 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

3B Vehicle Hire Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Batting

R Batting

G M Price

F Bretherton

SECRETARY:

R A Batting

REGISTERED OFFICE:

Unit 1 Field End

Crendon Industrial Estate

Long Crendon

Buckinghamshire

HP18 9EJ

REGISTERED NUMBER:

03267972 (England and Wales)

ACCOUNTANTS:

Fizz Accounting Limited

Unit A

St Andrews Court

Wellington Street

Thame

Oxfordshire

OX9 3WT

FIXED ASSETS

Tangible assets

4

880,368

1,129,588

CURRENT ASSETS

Debtors

256,371

256,439

Cash at bank

26

30,466

256,397

286,905

CREDITORS

Amounts falling due within one year

940,379

1,110,664

NET CURRENT LIABILITIES

(683,982

)

(823,759

)

TOTAL ASSETS LESS CURRENT LIABILITIES

196,386

305,829

CREDITORS

Amounts falling due after more than one year

(248,668

)

(267,596

)

PROVISIONS FOR LIABILITIES

(1,560

)

(15,365

)

NET (LIABILITIES)/ASSETS

(53,842

)

22,868

CAPITAL AND RESERVES

Called up share capital

50

50

Share premium

99,988

99,988

Retained earnings

(153,880

)

(77,170

)

SHAREHOLDERS' FUNDS

(53,842

)

22,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

R A Batting - Director

1.	STATUTORY INFORMATION

3B Vehicle 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.

Going concern

At the balance sheet date, the company had net liabilities. However, the directors have loaned funds to the company and are committed to providing continued financial support. The directors therefore consider it appropriate to prepare the accounts on a going concern basis.

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 the cost less estimated residual value of each asset over its estimated useful life.

Motor Vehicles - 5% on cost

Plant & Machinery - 25% on cost

Leasehold improvements - 25% & 5% on cost

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.

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.

Interest on hire purchase commitments is charged to profit or loss at a constant rate on the carrying amount over the term of the agreement.

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 13 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

1,240,345

Additions

79,971

Disposals

(257,772

)

At 31 March 2025

1,062,544

DEPRECIATION

At 1 April 2024

110,757

Charge for year

84,308

Eliminated on disposal

(12,889

)

At 31 March 2025

182,176

NET BOOK VALUE

At 31 March 2025

880,368

At 31 March 2024

1,129,588

5.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees, contingencies and commitments at the year-end of £324,537 (2024: £399,931).

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2025 £65,620 (2024: £71,432) was owed to the company by its director.