REGISTERED NUMBER: 04708455 (England and Wales)

H F Owen Transport And Storage Limited

Financial Statements

for the Year Ended 30 November 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr K Jones

Mr S Walker

Mr G Walker

Ms S M Kavanagh

REGISTERED OFFICE:

Unit 1 Parc Elwy

Llandygai Industrial Estate

Bangor

Gwynedd

LL57 4YH

REGISTERED NUMBER:

04708455 (England and Wales)

AUDITORS:

Salisbury & Company Business Solutions Limited

Statutory Auditors

Chartered Accountants

Irish Square

Upper Denbigh Road

St Asaph

Denbighshire

LL17 0RN

FIXED ASSETS

Intangible assets

4

28,500

33,000

Tangible assets

5

191,090

187,516

Investments

6

2,500

-

222,090

220,516

CURRENT ASSETS

Debtors

7

543,048

417,901

Cash at bank

30,611

44,485

573,659

462,386

CREDITORS

Amounts falling due within one year

8

467,912

453,696

NET CURRENT ASSETS

105,747

8,690

TOTAL ASSETS LESS CURRENT LIABILITIES

327,837

229,206

CREDITORS

Amounts falling due after more than one year

9

(48,008

)

(67,955

)

PROVISIONS FOR LIABILITIES

(47,773

)

(38,439

)

NET ASSETS

232,056

122,812

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

231,956

122,712

232,056

122,812

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 24 April 2026 and were signed on its behalf by:

Mr S Walker - Director

1.	STATUTORY INFORMATION

H F Owen Transport And Storage 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred 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 or deferred taxation assets and liabilities are not discounted.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

90,000

AMORTISATION

At 1 December 2024

57,000

Charge for year

4,500

At 30 November 2025

61,500

NET BOOK VALUE

At 30 November 2025

28,500

At 30 November 2024

33,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

13,558

436,811

450,369

Additions

-

76,034

76,034

Disposals

-

(1,000

)

(1,000

)

At 30 November 2025

13,558

511,845

525,403

DEPRECIATION

At 1 December 2024

1,609

261,244

262,853

Charge for year

3,390

68,487

71,877

Eliminated on disposal

-

(417

)

(417

)

At 30 November 2025

4,999

329,314

334,313

NET BOOK VALUE

At 30 November 2025

8,559

182,531

191,090

At 30 November 2024

11,949

175,567

187,516

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

50,118

DEPRECIATION

At 1 December 2024

8,200

Charge for year

16,440

At 30 November 2025

24,640

NET BOOK VALUE

At 30 November 2025

25,478

At 30 November 2024

41,918

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

2,500

At 30 November 2025

2,500

NET BOOK VALUE

At 30 November 2025

2,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

456,822

359,046

Other debtors

86,226

58,855

543,048

417,901

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

120,979

86,011

Trade creditors

193,519

194,552

Amounts owed to group undertakings

-

86,500

Amounts owed to participating interests

45,667

-

Taxation and social security

69,171

56,103

Other creditors

38,576

30,530

467,912

453,696

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

48,008

67,955

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

168,987

153,966

Barclays Bank PLC hold both a fixed and floating charge over which covers all the property or undertaking of the company, dated 28 May 2025.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Jeremy Salisbury (Senior Statutory Auditor)

for and on behalf of Salisbury & Company Business Solutions Limited

12.	RELATED PARTY DISCLOSURES

During the year the company purchased goods to the value of £295,201 (2024: £426,534) from, and sold goods and services to the value of £40,579 (2024: £44,592) to, Delivery Solutions (Delsol) Limited. The company purchased goods and services to the value of £173 (2024: £Nil) from Delsol International Limited. Mr S Walker is a majority shareholder in both companies..

At 30th November 2025, the company owed £45,494 (2024: £47,757) to Delivery Solutions (Delsol) Limited and owed £173 (2024: £Nil) to Delsol International Limited.

Mr S Walker purchased Delivery Solutions (Delsol) Limited's shares in H F Owen Transport and Storage Limited on 29/11/25. This resulted in a group de-merger as H F Owen Transport and Storage Limited is no longer a subsidiary company. Mr S Walker is the Ultimate Controlling Party at year end.

The controlling party is Mr S Walker.