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COMPANY REGISTRATION NUMBER: 07637888

Asbri Transport Limited

Filleted Unaudited Financial Statements

For the year ended

31 May 2025

Asbri Transport Limited

Financial Statements

Year ended 31 May 2025

Contents | Page

Officers and professional advisers | 1

Report to the board of directors on the preparation of the unaudited statutory financial statements | 2

Statement of financial position | 3

Notes to the financial statements | 5

Asbri Transport Limited

Officers and Professional Advisers

The board of directors | Mr P O'Connor
| Ms S O'Connor

Company secretary | Sarah O'Connor

Registered office | 2 Oldfield Road
| Bocam Park
| Bridgend
| Bridgend County Borough
| CF35 5LJ

Accountants | Clay Shaw Thomas Ltd

| 2 Oldfield Road
| Bocam Park
| Bridgend
| CF35 5LJ

Bankers | Lloyds Bank Plc
| 18 Wyndham Street
| Bridgend
| CF31 1EQ

Asbri Transport Limited

Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Asbri Transport Limited

Year ended 31 May 2025
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 May 2025, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Clay Shaw Thomas Ltd
2 Oldfield Road Bocam Park Bridgend CF35 5LJ
27 January 2026

Asbri Transport Limited

Statement of Financial Position

31 May 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 808 | 1,718

Current assets

Debtors | 6 | 89,197 |  | 151,996
Cash at bank and in hand | 500 |  | 14,413
| -------- |  | ---------
| 89,697 |  | 166,409

Creditors: amounts falling due within one year | 7 | 33,978 |  | 49,721
| -------- |  | ---------
Net current assets |  | 55,719 | 116,688
|  | -------- | ---------
Total assets less current liabilities |  | 56,527 | 118,406

Provisions

Taxation including deferred tax |  | 154 | 429
|  | -------- | ---------
Net assets |  | 56,373 | 117,977
|  | -------- | ---------

Capital and reserves

Called up share capital |  | 200 | 200
Share premium account |  | 19,880 | 19,880
Profit and loss account |  | 36,293 | 97,897
|  | -------- | ---------
Shareholders funds |  | 56,373 | 117,977
|  | -------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Asbri Transport Limited

Statement of Financial Position (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 27 January 2026 , and are signed on behalf of the board by:

Mr P O'Connor
Director

Company registration number: 07637888

Asbri Transport Limited

Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Oldfield Road, Bocam Park, Bridgend, Bridgend County Borough, CF35 5LJ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax and relate to the principal activity of the company which is that of the provision of specialist transport advice. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Computer Equipment | - | 33% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2024: 5 ).
5. Tangible assets

| Equipment | Total
| £ | £
Cost |  |
At 1 June 2024 and 31 May 2025 | 17,896 | 17,896
| -------- | --------
Depreciation |  |
At 1 June 2024 | 16,178 | 16,178
Charge for the year | 910 | 910
| -------- | --------
At 31 May 2025 | 17,088 | 17,088
| -------- | --------
Carrying amount |  |
At 31 May 2025 | 808 | 808
| -------- | --------
At 31 May 2024 | 1,718 | 1,718
| -------- | --------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 27,354 | 66,438
Amounts owed by group undertakings | 46,780 | 77,173
Other debtors | 15,063 | 8,385
| -------- | ---------
| 89,197 | 151,996
| -------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 851 | –
Trade creditors | 5,742 | 549
Social security and other taxes | 15,039 | 40,224
Other creditors | 12,346 | 8,948
| -------- | --------
| 33,978 | 49,721
| -------- | --------

8. Directors' advances, credit and guarantees
Directors advances amounted to £9,023 (2024: £1,705) at the reporting date. These are repayable on demand and interest free.
9. Controlling party
The company is a wholly owned subsidiary of Ocon Group Limited. The ultimate controlling party is Patrick and Sarah O'Connor .