"Additional staff were brought in and the group were apprehended without incident. Three of the group were placed in secure care while two were released to their parents," Mr Patterson said.
All five face seven charges of unlawfully taking a motor vehicle, four charges of theft from a car, and one of attempted unlawful taking of a motor vehicle.
One boy is also charged with reckless driving and failing to stop.
Police have not ruled out further charges.
"At this point police would like to reiterate the need for parents, guardians and caregivers to be aware of where your charges are at all times and if you need help to seek it before young people come to the attention of police."
The five 14-year-old boys appeared in Hamilton Youth Court today.