REGISTERED NUMBER: 05756787 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TIPIS4HIRE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R C Blackwell

SECRETARY:

G Hood

REGISTERED OFFICE:

Five Ways

57-59 Hatfield Road

Potters Bar

Hertfordshire

EN6 1HS

REGISTERED NUMBER:

05756787 (England and Wales)

ACCOUNTANTS:

SRG Newmans Limited

Five Ways

57-59 Hatfield Road

Potters Bar

Hertfordshire

EN6 1HS

FIXED ASSETS

Tangible assets

4

41,363

71,431

CURRENT ASSETS

Debtors

5

153,694

46,404

Cash at bank

-

1,343

153,694

47,747

CREDITORS

Amounts falling due within one year

6

233,943

137,614

NET CURRENT LIABILITIES

(80,249

)

(89,867

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,886

)

(18,436

)

CREDITORS

Amounts falling due after more than one year

7

16,541

39,349

NET LIABILITIES

(55,427

)

(57,785

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(55,527

)

(57,885

)

SHAREHOLDERS' FUNDS

(55,427

)

(57,785

)

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 director acknowledges his 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 director and authorised for issue on 23 October 2025 and were signed by:

R C Blackwell - Director

1.	STATUTORY INFORMATION

Tipis4hire 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.

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

-

33% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 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.

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 6 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

366,943

22,098

98,843

14,466

502,350

DEPRECIATION

At 1 April 2024

341,367

21,013

57,127

11,412

430,919

Charge for year

17,763

1,055

10,429

821

30,068

At 31 March 2025

359,130

22,068

67,556

12,233

460,987

NET BOOK VALUE

At 31 March 2025

7,813

30

31,287

2,233

41,363

At 31 March 2024

25,576

1,085

41,716

3,054

71,431

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

38,353

30,496

Other debtors

115,341

15,908

153,694

46,404

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

40,549

10,648

Hire purchase contracts

12,160

12,160

Trade creditors

19,698

21,525

Taxation and social security

36,808

14,224

Other creditors

124,728

79,057

233,943

137,614

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,355

13,003

Hire purchase contracts

14,186

26,346

16,541

39,349

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,355

13,003

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100