Company registration number 02852347 (England and Wales)
HARRISONS (HOLDINGS) LTD.
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
HARRISONS (HOLDINGS) LTD.
COMPANY INFORMATION
Directors
Mr L C Harrison
Mr T S Harrison
Secretary
Mr T S Harrison
Company number
02852347
Registered office
352 Blackgate Lane
Holmes
Tarleton
Preston
PR4 6JJ
Auditor
MHA
Exchange Station
Tithebarn Street
Liverpool
L2 2QP
Bankers
Clydesdale Bank PLC (trading as Virgin Money)
177 Bothwell Street
Glasgow
G2 7ER
HARRISONS (HOLDINGS) LTD.
CONTENTS
Page
Strategic report
1 - 2
Directors' report
3
Directors' responsibilities statement
4
Independent auditor's report
5 - 7
Statement of income and retained earnings
8
Balance sheet
9
Statement of cash flows
10
Notes to the financial statements
11 - 27
HARRISONS (HOLDINGS) LTD.
STRATEGIC REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 1 -

The directors present the strategic report for the year ended 30 September 2025.

Review of the business

Harrisons (Holdings) Ltd. holds 25 years of experience and expertise in the road haulage industry, covering the whole of the UK offering predominantly temperature controlled haulage and container services. Other areas of the business include warehousing and storage.

Harrisons (Holdings) Ltd. adopts a family approach to business and has a flexible approach across the company in developing its staff and the services it offers. This provides a quality personal service for all our clients’ needs.

During the year the company has seen a modest increase in turnover from £16.1m to £17.2m, showing a profit before tax of £1.45m (2024: £0.33m). Industry challenges still exist with cost pressures across a number of areas, however retention of clients has been key to the successful growth in profit.

Principal risks and uncertainties

The directors consider the following risks and uncertainties to be the most relevant to the business at present:

Competition:

Competition remains intense within the haulage industry, with the demand for goods and the disruption to the supply chain causing pressures on the amount of work we are offered by our customers which therefore put a strain on profitability. There is a potential risk of assets not being fully utilised and increased standing costs, although we believe that the risk of this happening is low due to the nature of goods we transport and the fact that we will be focusing on maximising our own fleet utilisation.

We are continually investing in, and improving our use of technologies and ways to improve our operations to potentially create greater efficiencies and to give us improved performance indicators, which will enable us to make more timely decisions to ensure continued profitability across all our departments. We have reliable vehicle cameras and trackers to ensure drivers and the goods being delivered are monitored and secure.

Environmental:

We continue to monitor ongoing government legislation in relation to environmental policy to ensure compliance. Government guidelines continue to be followed, and ways are being explored to reduce the company carbon footprint.

Credit risk:

Inflation and rises in interest rates have stabilised over the financial period but still cause difficulties for many businesses including ours. Credit risk is monitored regularly by the finance function and external agencies. Payment terms, credit limits and outstanding balances are monitored regularly and any new credit lines are rated and reviewed before any credit is offered. New customers are continually being brought in which is allowing the company to spread its commercial risk across a wider customer base. All vehicle finance is secured on fixed rates of interest to ensure cash forecasting is robust, with lower risk during a currently unstable economy. The coming year will see a great reduction in vehicle finance due to many agreements coming to an end, reducing credit risk further and increasing cash availability.

Labour Availability:

The Haulage industry continues to experience significant labour shortages of qualified truck drivers principally arising from effects of the pandemic and the government policy pertaining to skilled workers following the UK’s departure from EU. The company looks to mitigate this risk through regular salary benchmarking across all roles to ensure that compensation is competitive, and continuity of high service levels are maintained. As a member of the RHA we are in a good position to receive industry information early and be in a position to respond and plan changes to avoid any disruption.

HARRISONS (HOLDINGS) LTD.
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
Future developments

The business is expected to continue a growth trajectory, with a focus on improving cash flow and increasing margins on own fleet to ensure continuity of service and profitability. There are no plans to invest in new equipment in the coming year as the fleet remains relatively new, there has been investment in lease trucks in 2024-2025 to replace some of the older leased fleet.

2026-2027 will see an exciting new £3m investment and development of our Burscough site creating a new modern purpose-built Head Office and yard, securing the ability to grow and offer first class facilities. Along with our modern storage facility we feel that this will continue our prime position within the industry and allow us to capitalise on new opportunities and offer high standard operations and service levels to our customers new and old. We continue to update and review our technologies to create synergies and efficiencies, which form part our continual improvement plan.

Key performance indicators

Management regularly assess the following key performance indicators

By the end of the year turnover had increased to £17,174,089 (2024: £16,136,534)

Operating profit for the year is £1,884,103 (2024: £943,589).

Key metrics measured throughout the year are:

• Profits/losses and turnover for each element of the business.

• Cash availability and headroom in the invoice financing facility.

• Driver wages as a percentage of haulage sales.

• Fuel costs as a percentage of haulage sales.

As the business grows and the directors look to operate a more corporate model, assessment of EBITDA has become a more relevant measure of performance and growth of the business. At the year end, EBITDA stood at £2,917,821 (2024: £1,977,019).

On behalf of the board

Mr L C Harrison
Director
11 March 2026
HARRISONS (HOLDINGS) LTD.
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -

The directors present their annual report and financial statements for the year ended 30 September 2025.

Principal activities

The principal activity of the company continued to be that of haulage and transport contractor.

Results and dividends

The results for the year are set out on page 8.

Ordinary dividends were paid amounting to £373,300 (2024: £243,000). The directors do not recommend payment of a further dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr L C Harrison
Mr T S Harrison
Qualifying third party indemnity provisions

The company has made qualifying third party indemnity provisions for the benefit of its directors during the year. These provisions remain in force at the reporting date.

Auditor

The auditor, MHA, is deemed to be reappointed under section 487(2) of the Companies Act 2006.

Strategic report

The company has chosen in accordance with Companies Act 2006, s. 414C(11) to set out in the company's strategic report information required by Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, Sch. 7 to be contained in the directors' report. It has done so in respect of future developments and financial risks.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

Medium-sized companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the medium-sized companies exemption.

On behalf of the board
Mr L C Harrison
Director
11 March 2026
HARRISONS (HOLDINGS) LTD.
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

HARRISONS (HOLDINGS) LTD.
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF HARRISONS (HOLDINGS) LTD.
- 5 -
Opinion

We have audited the financial statements of Harrisons (Holdings) Ltd. (the 'company') for the year ended 30 September 2025 which comprise the statement of income and retained earnings, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

HARRISONS (HOLDINGS) LTD.
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF HARRISONS (HOLDINGS) LTD. (CONTINUED)
- 6 -

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the strategic report and the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report or the directors' r eport.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud, is detailed below:

- Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness;

- Enquiries with management, about any known or suspected instances of non-compliance with laws and regulations and fraud;

- Reviewing how management identify and track compliance with key laws and regulations. Scrutinising legal and professional costs incurred for indications of non-compliance and consequential financial implications;

HARRISONS (HOLDINGS) LTD.
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF HARRISONS (HOLDINGS) LTD. (CONTINUED)
- 7 -

- Auditing the risk of fraud in revenue, including through the testing of income cut-off at the year end, through sales transaction testing and consideration of post year end sales credit notes to provide comfort that revenue is completely stated in the financial statements and recognised in the correct accounting period; and,

- Challenging the assumptions and judgements made by management in their accounting estimates.

Because of the inherent limitations of an audit, there is an unavoidable risk that some material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK). For instance, the further removed non-compliance is from the events and transactions reflected in the financial statements, the less likely the auditor is to become aware of it or to recogni s e the non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Andrew Matthews BFP ACA FCCA
Senior Statutory Auditor
For and on behalf of MHA, Statutory Auditor
Liverpool, United Kingdom
11 March 2026
MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542)
HARRISONS (HOLDINGS) LTD.
STATEMENT OF INCOME AND RETAINED EARNINGS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 8 -
2025
2024
Notes
£
£
Turnover
3
17,174,089
16,136,534
Cost of sales
(14,216,919)
(14,253,658)
Gross profit
2,957,170
1,882,876
Administrative expenses
(1,094,535)
(939,287)
Other operating income
21,468
-
0
Operating profit
4
1,884,103
943,589
Interest receivable and similar income
7
14,173
7,710
Interest payable and similar expenses
8
(452,639)
(505,726)
Profit before taxation
1,445,637
445,573
Tax on profit
9
(403,484)
(114,544)
Profit for the financial year
1,042,153
331,029
Retained earnings brought forward
2,802,430
2,714,401
Dividends
10
(373,300)
(243,000)
Retained earnings carried forward
3,471,283
2,802,430

The notes on pages 11 to 27 form part of these financial statements.

The profit and loss account has been prepared on the basis that all operations are continuing operations.

HARRISONS (HOLDINGS) LTD.
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 9 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
11
7,777,149
8,734,849
Investments
12
10
10
7,777,159
8,734,859
Current assets
Stocks
14
903
1,666
Debtors
15
3,202,477
3,677,050
Cash at bank and in hand
225,502
78,756
3,428,882
3,757,472
Creditors: amounts falling due within one year
16
(4,997,593)
(5,953,271)
Net current liabilities
(1,568,711)
(2,195,799)
Total assets less current liabilities
6,208,448
6,539,060
Creditors: amounts falling due after more than one year
17
(1,187,198)
(2,590,147)
Provisions for liabilities
Deferred tax liability
20
1,499,517
1,096,033
(1,499,517)
(1,096,033)
Net assets
3,521,733
2,852,880
Capital and reserves
Called up share capital
23
500
500
Share premium account
49,950
49,950
Profit and loss reserves
3,471,283
2,802,430
Total equity
3,521,733
2,852,880

The notes on pages 11 to 27 form part of these financial statements.

These financial statements have been prepared in accordance with the provisions relating to medium-sized companies.

The financial statements were approved by the board of directors and authorised for issue on 11 March 2026 and are signed on its behalf by:
Mr L C Harrison
Director
Company registration number 02852347 (England and Wales)
HARRISONS (HOLDINGS) LTD.
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 10 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
29
3,159,251
2,582,313
Interest paid
(452,639)
(505,726)
Income taxes (paid)/refunded
(30,533)
1
Net cash inflow from operating activities
2,676,079
2,076,588
Investing activities
Purchase of tangible fixed assets
(895,250)
(2,466,130)
Proceeds on disposal of tangible fixed assets
825,000
1,317,032
Net loan made to directors
(140,298)
(81,811)
Interest received
14,173
7,710
Net cash used in investing activities
(196,375)
(1,223,199)
Financing activities
Net introduction / (repayment) of bank loans
(44,521)
(48,751)
Net introduction / (repayment) of finance leases obligations
(1,268,804)
(385,865)
Dividends paid
(313,300)
(243,000)
Net cash used in financing activities
(1,626,625)
(677,616)
Net increase in cash and cash equivalents
853,079
175,773
Cash and cash equivalents at beginning of year
(2,031,371)
(2,207,144)
Cash and cash equivalents at end of year
(1,178,292)
(2,031,371)
Relating to:
Cash at bank and in hand
225,502
78,756
Bank overdrafts included in creditors payable within one year
(1,403,794)
(2,110,127)
HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 11 -
1
Accounting policies
Company information

Harrisons (Holdings) Ltd. is a private company limited by shares incorporated in England and Wales. The registered office and place of business is 352 Blackgate Lane, Holmes, Tarleton, Preston, PR4 6JJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 405 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the subsidiary company of which this company is a parent is dormant and considered immaterial to the group.

1.2
Going concern

Management are continuously assessing any impacts of the economic environment monitoring any rising effects from inflation and the subsequent cost of living crisis in the UK, interest rate increases and the industry as a whole. Regular contact is taking place throughout the supply chain activities to minimise any disruption. The company has organised itself to adjust its activities, working capital and costs in line with the actual business level in order to protect its cash flow. true

The company meets its day to day working capital requirements through a combination of financial facilities including asset and invoice finance provided by the company bankers, together with asset finance provided by other third party funders. Following the renewal of the bank loan facility in January 2026 for another three years , there is a reasonable expectation that the company will continue into the foreseeable future of at least 12 months following approval of the financial statements, with adequate resources to continue operations, and as such continues to adopt the going concern basis.

1.3
Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

Revenue from haulage contracts is recognised when the collection of goods has been completed. Income in respect of storage rental and other incidental income streams is recognised upon delivery of the service to the customer.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 12 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold buildings
2% Straight Line
Leasehold improvements
5% Straight Line
Plant & machinery
25% Reducing Balance
IT Equipment
25% Reducing Balance
Motor vehicles
15% Straight Line
Commercial vehicles
7 years Straight Line to a final estimated residual market value
Trailers
10 years Straight Line to a final estimated residual market value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 13 -
1.7
Stocks

Stocks relate to fuel stocks stored on site (not in use within vehicles) and are stated at cost.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, invoice finance facilities, and bank overdrafts. Bank overdrafts and utilised invoice finance facilities are shown within bank loans and overdrafts in current liabilities due within one year.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

All of the company's assets are basic financial assets.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 14 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Other financial liabilities

All of the company's financial liabilities are basic financial instruments.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 15 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 16 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical judgements

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Impairment of trade debtors

At each balance sheet date, the directors and their finance team undertake a review of the outstanding debtor balances and estimate which, if any, should either be impaired or provided against.

This calculation is based on the financial position of the customers, the historic speed of payment and any ongoing discussions between relevant parties to the individual debtor.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Useful economic life of tangible fixed assets

The useful economic life of tangible fixed assets is judged at the point of purchase and reviewed at each financial reporting date. This judgement is based upon the directors' in depth knowledge of the industry in which the company operates and of the individual assets themselves.

As standard, a useful economic life of between 6 to 7 years is applied to motor and commercial vehicles, 10 years for commercial trailers and 4 years for plant and machinery. In the prior year the directors changed the basis of estimation for the depreciation of trailers and commercial vehicles. Hence a residual value was introduced to be more reflective of actual market conditions. There is an element of uncertainty around setting such values which can be as far as 7 to 10 years in the future, however the directors consider themselves experienced in the commercial vehicle world and continue to monitor and adjust such residual values as they deem necessary.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 17 -
3
Turnover and other revenue
2025
2024
£
£
Turnover analysed by class of business
Haulage and storage solutions
17,174,089
16,136,534
2025
2024
£
£
Other revenue
Interest income
14,173
7,710

All revenue is derived through sales made within the United Kingdom.

4
Operating profit
2025
2024
Operating profit for the year is stated after charging/(crediting):
£
£
Fees payable to the company's auditor for the audit of the company's financial statements
20,215
19,250
Depreciation of owned tangible fixed assets
1,033,718
1,033,430
(Profit)/loss on disposal of tangible fixed assets
(109,953)
34,927
Operating lease charges
437,050
390,537
5
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Directors
2
2
Drivers
73
73
Administrative
10
9
Total
85
84

Their aggregate remuneration comprised:

2025
2024
£
£
Wages and salaries
3,871,605
3,691,646
Social security costs
408,715
345,739
Pension costs
125,660
107,065
4,405,980
4,144,450
HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 18 -
6
Directors' remuneration
2025
2024
£
£
Remuneration for qualifying services
22,489
21,420
Company pension contributions to defined contribution schemes
25,259
16,643
47,748
38,063

The number of directors for whom retirement benefits are accruing under defined contribution schemes amounted to 2 (2024 - 2).

7
Interest receivable and similar income
2025
2024
£
£
Interest income
Interest on bank deposits
1,702
55
Other interest income
12,471
7,655
Total income
14,173
7,710
2025
2024
Investment income includes the following:
£
£
Interest on financial assets not measured at fair value through profit or loss
14,173
7,710
8
Interest payable and similar expenses
2025
2024
£
£
Interest on financial liabilities measured at amortised cost:
Interest on bank overdrafts and loans
48,918
53,979
Interest on invoice finance arrangements (included as bank loans and overdrafts)
120,414
196,301
169,332
250,280
Other finance costs:
Interest on finance leases and hire purchase contracts
283,307
255,446
452,639
505,726

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 19 -
9
Taxation
2025
2024
£
£
Deferred tax
Origination and reversal of timing differences
403,484
115,779
Adjustment in respect of prior periods
-
0
(1,235)
Total deferred tax
403,484
114,544

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
1,445,637
445,573
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
361,409
111,393
Tax effect of expenses that are not deductible in determining taxable profit
5,879
2,026
Adjustments in respect of prior years
-
0
(1,236)
Other permanent differences
275
337
Fixed asset differences
35,921
2,024
Taxation charge for the year
403,484
114,544

10
Dividends
2025
2024
£
£
Final paid
373,300
243,000
HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 20 -
11
Tangible fixed assets
Freehold buildings
Leasehold improvements
Plant & machinery
IT Equipment
Motor vehicles
Commercial vehicles
Trailers
Total
£
£
£
£
£
£
£
£
Cost
At 1 October 2024
1,008,839
206,244
82,634
21,719
333,379
5,000,153
4,219,286
10,872,254
Additions
-
0
-
0
-
0
-
0
-
0
-
0
895,250
895,250
Disposals
-
0
-
0
-
0
-
0
-
0
-
0
(1,185,695)
(1,185,695)
At 30 September 2025
1,008,839
206,244
82,634
21,719
333,379
5,000,153
3,928,841
10,581,809
Depreciation and impairment
At 1 October 2024
35,910
47,793
60,865
18,491
50,556
1,124,368
799,422
2,137,405
Depreciation charged in the year
10,260
10,312
5,443
807
49,536
595,536
361,824
1,033,718
Eliminated in respect of disposals
-
0
-
0
-
0
-
0
-
0
-
0
(366,463)
(366,463)
At 30 September 2025
46,170
58,105
66,308
19,298
100,092
1,719,904
794,783
2,804,660
Carrying amount
At 30 September 2025
962,669
148,139
16,326
2,421
233,287
3,280,249
3,134,058
7,777,149
At 30 September 2024
972,929
158,451
21,769
3,228
282,823
3,875,785
3,419,864
8,734,849
HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
11
Tangible fixed assets
(Continued)
- 21 -

The net carrying value of tangible fixed assets includes the following in respect of assets held under finance leases or hire purchase contracts.

2025
2024
£
£
Plant & machinery
-
0
10,867
Motor vehicles
232,989
281,190
Commercial vehicles
2,874,896
3,501,795
Trailers
2,770,255
2,882,637
5,878,140
6,676,489

Included above in Freehold Buildings is land of £460,000 which is not depreciated.

12
Fixed asset investments
2025
2024
Notes
£
£
Investments in subsidiaries
13
10
10
13
Subsidiaries

Details of the company's subsidiaries at 30 September 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Harrisons Refrigerated Trailer Sales Ltd (dormant)
352 Blackgate Lane, Tarleton, Preston, United Kingdom, PR4 6JJ
Ordinary Shares
100.00
14
Stocks
2025
2024
£
£
Fuel stocks
903
1,666
HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 22 -
15
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,549,068
3,141,758
Corporation tax recoverable
94,161
88,394
Other debtors
432,178
414,140
Prepayments and accrued income
127,070
32,758
3,202,477
3,677,050

The trade debtors balance of £2,549,068 (2024: £3,141,758) is used as security against the invoice financing facility utilised by the company.

16
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans and overdrafts
18
1,963,597
2,154,648
Obligations under finance leases
19
1,443,662
1,947,444
Trade creditors
1,192,948
1,027,434
Amounts owed to group undertakings
10
10
Corporation tax
27,100
51,866
Other taxation and social security
249,840
621,899
Deferred income
21
78,124
104,185
Other creditors
13,797
11,459
Accruals
28,515
34,326
4,997,593
5,953,271

Finance lease and hire purchase obligations are secured over the assets to which they relate.

Bank invoice financing (disclosed as overdrafts) and term bank loans are secured by way of a charge over the debtor book, a debenture creating a fixed and floating charge over the assets of the Company and a first charge over the Company owned land and buildings, as detailed in note 18 of the financial statements.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 23 -
17
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
18
-
0
559,803
Obligations under finance leases
19
1,161,263
1,926,285
Deferred income
21
25,935
104,059
1,187,198
2,590,147

Finance lease and hire purchase obligations are secured over the assets to which they relate.

Bank loans are secured by way of a debenture creating a fixed and floating charge over the assets of the Company and a first charge over the Company owned land and buildings, as detailed in note 18 of the financial statements.

18
Loans and overdrafts
2025
2024
£
£
Bank loans
559,803
604,324
Bank overdrafts
1,403,794
2,110,127
1,963,597
2,714,451
Payable within one year
1,963,597
2,154,648
Payable after one year
-
0
559,803

Bank overdrafts represent invoice financing arrangements secured over the trade debtors to which they relate (note 15).

Clydesdale Bank Plc (trading as Virgin Money) holds charges over the land and buildings owned by the company as well as a debenture incorporating fixed and floating charges over all current and future assets within the company.

Bank loans are also secured personally by the director, Mr Lee Harrison, including personal guarantees supported by a legal charge over his private residence.

Bank loans are repayable in monthly instalments, with the last payment due in full in March 2026, hence the entirety of the loan is classified as due within one year at the balance sheet date. The interest rate in place during the period was 2.95% above the Bank of England base rate. The bank loan was formally refinanced in January 2026 under a new three year agreement with the same lender, the interest rate on the refinanced loan is a fixed rate of 3.71% plus a margin of 2.95%; bringing the total interest rate to 6.66%.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 24 -
19
Finance lease obligations
2025
2024
Future minimum lease payments due under finance leases:
£
£
Within one year
1,443,662
1,947,444
In two to five years
1,161,263
1,926,285
2,604,925
3,873,729

Finance lease payments represent rentals payable by the company for certain items of plant and machinery. Leases include purchase options at the end of the lease period, and no restrictions are placed on the use of the assets. The average lease term is 3.5 years. All leases are on a fixed repayment basis and no arrangements have been entered into for contingent rental payments. Finance leases are secured over the assets to which they relate.

Included within finance leases is £940,319 in relation to three separate sale and leaseback arrangements for trailers, the profit from which is deferred over the same lease period (note 21).

20
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
1,701,856
1,905,040
Tax losses
(176,324)
(756,366)
Short term timing differences
(26,015)
(52,641)
1,499,517
1,096,033
2025
Movements in the year:
£
Liability at 1 October 2024
1,096,033
Charge to profit or loss
403,484
Liability at 30 September 2025
1,499,517

The deferred tax liability set out above is expected to reverse in between 36 and 60 months and relates to accelerated capital allowances that are expected to mature within the same period based upon the capital expenditure plan to replace equipment approximately every 3-5 years.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 25 -
21
Deferred income
2025
2024
£
£
Other deferred income
104,059
208,244
Included in the financial statements as follows:
Current liabilities
78,124
104,185
Non-current liabilities
25,935
104,059
104,059
208,244

The deferred income balance relates to the profit made on the sale of company owned trailers as part of several leaseback arrangements, released across the lifetime of the lease agreement.

22
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
125,660
107,065

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

23
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary 'A' shares of £1 each
424
450
424
450
Ordinary 'B' shares of £1 each
49
50
49
50
Ordinary 'C' shares of £1 each
25
0
25
-
0
Ordinary 'D' shares of £1 each
1
0
1
-
0
Ordinary 'E' shares of £1 each
1
0
1
-
0
500
500
500
500

On 20 July 2023 a resolution was passed to re-designate shares in to additional C,D and E ordinary share categories; there was no change to ultimate control. The stock transfer was officially actioned on 19th December 2024.

The A shares rank pari passu with B ordinary shares with each share having equal rights to voting, dividends and capital.

The B shares rank pari passu with A ordinary shares with each share having equal rights to voting, dividends and capital.

C, D and E shares carry full voting, dividend and equity rights as outlined in the articles and are non-redeemable.

HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 26 -
24
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025
2024
£
£
Within one year
390,994
185,798
Between two and five years
1,268,882
-
0
1,659,876
185,798
25
Events after the reporting date

At the balance sheet date, the balance of bank loans (note 18) was repayable in full in March 2026, being due in less than one year. The bank loan was formally refinanced in January 2026 under a new three year fixed term agreement with the same lender, the interest rate on the refinanced loan is a fixed rate of 3.71% plus a margin of 2.95%; bringing the total interest rate to 6.66%.

26
Related party transactions

During the year the Company has entered in to the following transactions with related parties:

Rent of £35,100 (2024: £35,100) was paid to a Company controlled by a director. At the year end £7,034 (2024: £7,034) was outstanding in respect of this balance and can be found within trade creditors, note 16 of the financial statements.

Rent of £33,456 (2024: £28,056) was paid to other personal related parties of the directors and £855 (2024: £405) was outstanding at the year end.

27
Directors' transactions

Dividends totalling £243,000 (2024: £243,000) were paid in the year in respect of shares held by the company's directors. In addition, dividends totalling £130,300 (2024: £Nil) were paid to a trust in which the directors are also trustees. At the year end £nil (2024: £60,000) was owed by the Trust and can be found within other debtors note 15 of the financial statements.

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Loan to director
3.00
276,485
264,365
10,046
(206,000)
344,896
Loan to director
3.00
71,379
96,461
2,425
(87,000)
83,265
347,864
360,826
12,471
(293,000)
428,161
HARRISONS (HOLDINGS) LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 27 -
28
Ultimate controlling party

The ultimate controlling party is the director Mr Lee Harrison by virtue of his majority shareholding in the Company.

29
Cash generated from operations
2025
2024
£
£
Profit for the year after tax
1,042,153
331,029
Adjustments for:
Taxation charged
403,484
114,544
Finance costs
452,639
505,726
Investment income
(14,173)
(7,710)
(Gain)/loss on disposal of tangible fixed assets
(5,768)
34,927
Depreciation and impairment of tangible fixed assets
1,033,718
1,033,430
Movements in working capital:
Decrease in stocks
763
397
Decrease in debtors
560,638
88,669
(Decrease)/increase in creditors
(210,018)
434,640
(Decrease)/increase in deferred income
(104,185)
46,661
Cash generated from operations
3,159,251
2,582,313
30
Analysis of changes in net debt
1 October 2024
Cash flows
30 September 2025
£
£
£
Cash at bank and in hand
78,756
146,746
225,502
Invoice financing facility
(2,110,127)
706,333
(1,403,794)
(2,031,371)
853,079
(1,178,292)
Borrowings excluding overdrafts
(604,324)
44,521
(559,803)
Obligations under finance leases
(3,873,729)
1,268,804
(2,604,925)
(6,509,424)
2,166,404
(4,343,020)
2025-09-30 2024-10-01 false false false CCH Software CCH Accounts Production 2025.300 Mr L C Harrison Mr T S Harrison Mr T S Harrison 02852347 2024-10-01 2025-09-30 02852347 bus:Director1 2024-10-01 2025-09-30 02852347 bus:CompanySecretaryDirector1 2024-10-01 2025-09-30 02852347 bus:CompanySecretary1 2024-10-01 2025-09-30 02852347 bus:Director2 2024-10-01 2025-09-30 02852347 bus:RegisteredOffice 2024-10-01 2025-09-30 02852347 bus:Agent1 2024-10-01 2025-09-30 02852347 2025-09-30 02852347 2023-10-01 2024-09-30 02852347 core:RetainedEarningsAccumulatedLosses 2024-09-30 02852347 core:RetainedEarningsAccumulatedLosses 2023-09-30 02852347 core:ShareCapital 2025-09-30 02852347 core:ShareCapital 2024-09-30 02852347 core:SharePremium 2025-09-30 02852347 core:SharePremium 2024-09-30 02852347 core:RetainedEarningsAccumulatedLosses 2025-09-30 02852347 core:RetainedEarningsAccumulatedLosses 2024-09-30 02852347 2024-09-30 02852347 core:ShareCapitalOrdinaryShareClass1 2025-09-30 02852347 core:ShareCapitalOrdinaryShareClass1 2024-09-30 02852347 core:ShareCapitalOrdinaryShareClass2 2025-09-30 02852347 core:ShareCapitalOrdinaryShareClass2 2024-09-30 02852347 core:ShareCapitalOrdinaryShareClass3 2025-09-30 02852347 core:ShareCapitalOrdinaryShareClass3 2024-09-30 02852347 core:ShareCapitalOrdinaryShareClass4 2025-09-30 02852347 core:ShareCapitalOrdinaryShareClass4 2024-09-30 02852347 core:ShareCapitalOrdinaryShareClass5 2025-09-30 02852347 core:ShareCapitalOrdinaryShareClass5 2024-09-30 02852347 core:ShareCapitalOrdinaryShares 2025-09-30 02852347 core:ShareCapitalOrdinaryShares 2024-09-30 02852347 core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 02852347 core:LandBuildings core:OwnedOrFreeholdAssets 2025-09-30 02852347 core:LeaseholdImprovements 2025-09-30 02852347 core:PlantMachinery 2025-09-30 02852347 core:ComputerEquipment 2025-09-30 02852347 core:MotorVehicles 2025-09-30 02852347 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2025-09-30 02852347 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2025-09-30 02852347 core:LandBuildings core:OwnedOrFreeholdAssets 2024-09-30 02852347 core:LeaseholdImprovements 2024-09-30 02852347 core:PlantMachinery 2024-09-30 02852347 core:ComputerEquipment 2024-09-30 02852347 core:MotorVehicles 2024-09-30 02852347 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-09-30 02852347 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-09-30 02852347 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 02852347 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 02852347 core:Non-currentFinancialInstruments core:AfterOneYear 2025-09-30 02852347 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 02852347 core:CurrentFinancialInstruments 2025-09-30 02852347 core:CurrentFinancialInstruments 2024-09-30 02852347 core:Non-currentFinancialInstruments 2025-09-30 02852347 core:Non-currentFinancialInstruments 2024-09-30 02852347 1 2024-10-01 2025-09-30 02852347 1 2023-10-01 2024-09-30 02852347 2024-09-30 02852347 2023-09-30 02852347 core:WithinOneYear 2025-09-30 02852347 core:WithinOneYear 2024-09-30 02852347 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 02852347 core:LeaseholdImprovements 2024-10-01 2025-09-30 02852347 core:PlantMachinery 2024-10-01 2025-09-30 02852347 core:ComputerEquipment 2024-10-01 2025-09-30 02852347 core:MotorVehicles 2024-10-01 2025-09-30 02852347 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-10-01 2025-09-30 02852347 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-10-01 2025-09-30 02852347 dpl:Item1 2024-10-01 2025-09-30 02852347 dpl:Item1 2023-10-01 2024-09-30 02852347 core:UKTax 2024-10-01 2025-09-30 02852347 core:UKTax 2023-10-01 2024-09-30 02852347 2 2024-10-01 2025-09-30 02852347 2 2023-10-01 2024-09-30 02852347 core:LandBuildings core:OwnedOrFreeholdAssets 2024-09-30 02852347 core:LeaseholdImprovements 2024-09-30 02852347 core:PlantMachinery 2024-09-30 02852347 core:ComputerEquipment 2024-09-30 02852347 core:MotorVehicles 2024-09-30 02852347 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2024-09-30 02852347 core:Non-standardPPEClass2ComponentTotalPropertyPlantEquipment 2024-09-30 02852347 core:Subsidiary1 2024-10-01 2025-09-30 02852347 core:Subsidiary1 1 2024-10-01 2025-09-30 02852347 core:BetweenTwoFiveYears 2025-09-30 02852347 core:BetweenTwoFiveYears 2024-09-30 02852347 bus:OrdinaryShareClass1 2024-10-01 2025-09-30 02852347 bus:OrdinaryShareClass2 2024-10-01 2025-09-30 02852347 bus:OrdinaryShareClass3 2024-10-01 2025-09-30 02852347 bus:OrdinaryShareClass4 2024-10-01 2025-09-30 02852347 bus:OrdinaryShareClass5 2024-10-01 2025-09-30 02852347 bus:OrdinaryShareClass1 2025-09-30 02852347 bus:OrdinaryShareClass1 2024-09-30 02852347 bus:OrdinaryShareClass2 2025-09-30 02852347 bus:OrdinaryShareClass2 2024-09-30 02852347 bus:OrdinaryShareClass3 2025-09-30 02852347 bus:OrdinaryShareClass3 2024-09-30 02852347 bus:OrdinaryShareClass4 2025-09-30 02852347 bus:OrdinaryShareClass4 2024-09-30 02852347 bus:OrdinaryShareClass5 2025-09-30 02852347 bus:OrdinaryShareClass5 2024-09-30 02852347 bus:AllOrdinaryShares 2025-09-30 02852347 bus:AllOrdinaryShares 2024-09-30 02852347 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 02852347 bus:FRS102 2024-10-01 2025-09-30 02852347 bus:Audited 2024-10-01 2025-09-30 02852347 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP