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REGISTERED NUMBER: NI606466 (Northern Ireland)

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED

Unaudited Financial Statements for the Year Ended 30 April 2025

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED (REGISTERED NUMBER: NI606466)

Contents of the Financial Statements

FOR THE YEAR ENDED 30 APRIL 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED

Company Information

FOR THE YEAR ENDED 30 APRIL 2025

| DIRECTORS: | Alastair Hayes

| William Hayes

| Colm Kearney

| REGISTERED OFFICE: | 146 Pomeroy Road

| Donaghmore

| Dungannon

| Co. Tyrone

| BT70 2TY

| REGISTERED NUMBER: | NI606466 (Northern Ireland)

| ACCOUNTANTS: | Cooper Parry Advisory Limited

| 36-38 Northland Row

| Dungannon

| Co. Tyrone

| BT71 6AP

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED (REGISTERED NUMBER: NI606466)

Statement of Financial Position

30 APRIL 2025

2025 | 2024 |

| Notes | £ | £

NON-CURRENT ASSETS

Property, plant and equipment | 5 | 3,305,664 |  | 2,202,548 |  |

CURRENT ASSETS

Inventories | 6 | 466,249 |  | 361,535 |  |

Receivables: amounts falling due within one year | 7 | 536,352 |  | 1,225,027 |  |

Cash at bank | 449,808 |  | 212,668 |  |

1,452,409 |  | 1,799,230 |  |

PAYABLES

Amounts falling due within one year | 8 | (966,329 | ) | (834,089 | ) |

NET CURRENT ASSETS | 486,080 |  | 965,141 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,791,744 |  | 3,167,689 |  |

PAYABLES

Amounts falling due after more than one year | 9 | (59,919 | ) | (172,859 | ) |

PROVISIONS FOR LIABILITIES | (718,709 | ) | (523,518 | ) |

NET ASSETS | 3,013,116 |  | 2,471,312 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | 3,012,916 |  | 2,471,112 |  |

3,013,116 |  | 2,471,312 |  |

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED (REGISTERED NUMBER: NI606466)

Statement of Financial Position - continued

30 APRIL 2025

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 April 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 9 January 2026 and were signed on its behalf by:

Alastair Hayes - Director

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED (REGISTERED NUMBER: NI606466)

Notes to the Financial Statements

FOR THE YEAR ENDED 30 APRIL 2025

1. | STATUTORY INFORMATION

| Hayes Fuels (Packaging & Distribution) Limited is a private company limited by shares, incorporated in Northern Ireland.

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

| Revenue

| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Property, plant and equipment and depreciation

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 15% reducing balance

| Motor vehicles | - | 20% reducing balance

| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

| Inventories

| Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

| Taxation

| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future.

| Foreign currencies

| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED (REGISTERED NUMBER: NI606466)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 30 APRIL 2025

3. | ACCOUNTING POLICIES - continued

| Leasing and hire purchases

| Property, plant and equipment held under leasing arrangements which transfer substantially all the risks and rewards of ownership to the business are capitalised and included in the Statement of Financial Position at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Income Statement.

| Cash flow statement

| The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

| Provisions

| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 25 (2024 - 25 ) .

5. | PROPERTY, PLANT AND EQUIPMENT

Plant and | Motor |

machinery | vehicles | Totals |

| £ | £ | £

| COST

| At 1 May 2024 | 4,357,150 |  | 154,847 |  | 4,511,997 |  |

| Additions | 1,692,287 |  | - |  | 1,692,287 |  |

| Disposals | (269,600 | ) | - |  | (269,600 | ) |

| At 30 April 2025 | 5,779,837 |  | 154,847 |  | 5,934,684 |  |

| DEPRECIATION

| At 1 May 2024 | 2,268,701 |  | 40,748 |  | 2,309,449 |  |

| Charge for year | 555,486 |  | 20,840 |  | 576,326 |  |

| Eliminated on disposal | (256,755 | ) | - |  | (256,755 | ) |

| At 30 April 2025 | 2,567,432 |  | 61,588 |  | 2,629,020 |  |

| NET BOOK VALUE

| At 30 April 2025 | 3,212,405 |  | 93,259 |  | 3,305,664 |  |

| At 30 April 2024 | 2,088,449 |  | 114,099 |  | 2,202,548 |  |

6. | INVENTORIES

2025 | 2024 |

| £ | £

| Inventories | 466,249 |  | 361,535 |  |

HAYES FUELS (PACKAGING & DISTRIBUTION)

LIMITED (REGISTERED NUMBER: NI606466)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 30 APRIL 2025

7. | RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade receivables | 51 |  | 2,200 |  |

| Other receivables | 681 |  | 3,350 |  |

| Amounts owed by group undertakings | 123,928 |  | 659,002 |  |

| Prepayments and accrued income | 411,692 |  | 560,475 |  |

536,352 |  | 1,225,027 |  |

8. | PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Hire purchase contracts | 112,938 |  | 179,235 |  |

| Trade payables | 488,513 |  | 253,826 |  |

| Taxation and social security | 153,031 |  | 257,622 |  |

| Other payables | 211,847 |  | 143,406 |  |

966,329 |  | 834,089 |  |

| The hire purchase balances are secured against the assets to which they relate.

9. | PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR |

2025 | 2024 |

| £ | £

| Hire purchase contracts | 59,919 |  | 172,859 |  |

10. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.