REGISTERED NUMBER: 04399721 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Oran Transport Limited

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr Patrick Joseph Hanly

Mr. Thomas Mathew Hanly

REGISTERED OFFICE:

3 Ashburton Road,

Reading

Berkshire

RG2 7PA

REGISTERED NUMBER:

04399721 (England and Wales)

ACCOUNTANTS:

Avalon Accounting Limited

12 Park Lane

Tilehurst

Reading

Berkshire

RG31 5DL

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Avalon Accounting Limited

12 Park Lane

Tilehurst

Reading

Berkshire

RG31 5DL

Date: .............................................

Fixed assets

Tangible assets

4

251,706

335,609

Current assets

Stocks

5

65,000

80,000

Debtors

6

1,226,799

1,104,939

Cash at bank

42,825

154,025

1,334,624

1,338,964

Creditors

Amounts falling due within one year

7

(586,775

)

(625,777

)

Net current assets

747,849

713,187

Total assets less current liabilities

999,555

1,048,796

Creditors

Amounts falling due after more than one year

8

(45,833

)

(45,298

)

Provisions for liabilities

10

(62,927

)

(63,766

)

Net assets

890,795

939,732

Capital and reserves

Called up share capital

11

100

100

Retained earnings

12

890,695

939,632

Shareholders' funds

890,795

939,732

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Mr. Thomas Mathew Hanly - Director

1.	STATUTORY INFORMATION

Oran Transport 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 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 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.

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.

HIRE PURCHASE

Hire Purchase installments are bifurcated into Principal and interest portion as per HP statements. Hire Purchase interest has been charged to profit and loss accounts on accrual basis and Hire Purchase liabilities have been reduced by monthly repayments of Principal amounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

276,265

3,550

794,652

1,070

1,075,537

DEPRECIATION

At 1 April 2024

255,694

887

482,878

469

739,928

Charge for year

5,143

666

77,944

150

83,903

At 31 March 2025

260,837

1,553

560,822

619

823,831

NET BOOK VALUE

At 31 March 2025

15,428

1,997

233,830

451

251,706

At 31 March 2024

20,571

2,663

311,774

601

335,609

5.

STOCKS

2025

2024

£

£

Stocks

65,000

80,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,222,299

1,104,939

Advance for vehicle

4,500

-

1,226,799

1,104,939

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans (see note 9)

17,129

66,419

Hire purchase contracts

32,335

62,407

Trade creditors

348,134

325,884

Corporation tax

20,725

32,575

Net wages

(6,512

)

-

Social security and other tax

7,694

11,751

VAT

145,066

110,814

Credit card

6,446

6,639

Directors' current accounts

10,833

4,598

Accrued expenses

4,925

4,690

586,775

625,777

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans (see note 9)

-

17,129

Hire purchase contracts

45,833

28,169

45,833

45,298

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Loans less than 1 year

17,129

66,419

Amounts falling due between two and five years:

Loans more than 1 year

-

17,129

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

62,927

63,766

Deferred

tax

£

Balance at 1 April 2024

63,766

Provided during year

(839

)

Balance at 31 March 2025

62,927

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Retained

earnings

£

At 1 April 2024

939,632

Deficit for the year

(29,737

)

Dividends

(19,200

)

At 31 March 2025

890,695

13.	RELATED PARTY DISCLOSURES

During the year, company has declared and paid dividend of £11,520 (PY - £12,420) to Mr Patrick Joseph Hanly, £2,880 (PY- £3,105) to Mr Thomas Matthew Hanly and £4,800 (PY - £5,175) to Angela Matthews. Mr Patrick Joseph Hanly and Mr Thomas Matthew Hanly are also directors of the company.

14.	ULTIMATE CONTROLLING PARTY

The company is under control of Mr Patrick Joseph Hanly who owns 60% of the issued share capital of the company. Mr Patrick Joseph Hanly is also director of the company.