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Company Registration No. NI642192 (Northern Ireland)
F & G Haulage Ltd Unaudited accounts for the year ended 30 November 2025
F & G Haulage Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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F & G Haulage Ltd Company Information for the year ended 30 November 2025
Director
Odhran Fitzsimons
Company Number
NI642192 (Northern Ireland)
Registered Office
20a Station Road Killough BT30 7QA Northern Ireland
Accountants
RCSB Accountants Ltd Office 5B Townsend Enterprise Park Townsend Street Belfast Antrim BT13 2ES
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F & G Haulage Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
327,203
249,829
Current assets
Debtors
5
500,988
332,740
Cash at bank and in hand
47,691
5,445
548,679
338,185
Creditors: amounts falling due within one year
6
(462,831)
(387,029)
Net current assets/(liabilities)
85,848
(48,844)
Total assets less current liabilities
413,051
200,985
Creditors: amounts falling due after more than one year
7
(246,398)
(105,430)
Net assets
166,653
95,555
Capital and reserves
Called up share capital
100
100
Profit and loss account
166,553
95,455
Shareholders' funds
166,653
95,555
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 February 2026 and were signed on its behalf by
Odhran Fitzsimons Director Company Registration No. NI642192
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F & G Haulage Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
F & G Haulage Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI642192. The registered office is 20a Station Road, Killough, BT30 7QA, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
Plant & machinery
15%
Motor vehicles
20%
Fixtures & fittings
15%
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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F & G Haulage Ltd Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
15,000
336,818
96,400
948
449,166
Additions
-
-
121,600
22,500
144,100
At 30 November 2025
15,000
336,818
218,000
23,448
593,266
Depreciation
At 1 December 2024
-
174,845
23,749
743
199,337
Charge for the year
-
24,296
38,850
3,580
66,726
At 30 November 2025
-
199,141
62,599
4,323
266,063
Net book value
At 30 November 2025
15,000
137,677
155,401
19,125
327,203
At 30 November 2024
15,000
161,973
72,651
205
249,829
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
451,988
314,876
Amounts falling due after more than one year
Other debtors
49,000
17,864
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
22,963
136,322
VAT
138,873
96,735
Obligations under finance leases and hire purchase contracts
48,632
91,390
Trade creditors
224,534
3,564
Loans from directors
17,586
52,625
Accruals
10,243
6,393
462,831
387,029
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
183,870
-
Loans from directors
62,528
105,430
246,398
105,430
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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