REGISTERED NUMBER: 04396703 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Hyetts Express Deliveries Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Hyett

G Hyett

SECRETARY:

Mrs H L Hyett

REGISTERED OFFICE:

Unit 1 West Stone

Berry Hill Industrial Estate

Droitwich

Worcestershire

WR9 9AS

REGISTERED NUMBER:

04396703 (England and Wales)

ACCOUNTANTS:

Pinfields Limited

Chartered Accountants

Meryll House

57 Worcester Road

Bromsgrove

Worcestershire

B61 7DN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

648,117

548,474

648,117

548,474

CURRENT ASSETS

Debtors

6

288,896

298,457

Cash at bank

215,668

339,513

504,564

637,970

CREDITORS

Amounts falling due within one year

7

133,969

271,054

NET CURRENT ASSETS

370,595

366,916

TOTAL ASSETS LESS CURRENT LIABILITIES

1,018,712

915,390

CREDITORS

Amounts falling due after more than one year

8

-

(15,075

)

PROVISIONS FOR LIABILITIES

(152,868

)

(125,946

)

NET ASSETS

865,844

774,369

CAPITAL AND RESERVES

Called up share capital

5

5

Retained earnings

865,839

774,364

SHAREHOLDERS' FUNDS

865,844

774,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

A J Hyett - Director

1.	STATUTORY INFORMATION

Hyetts Express Deliveries Ltd 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.

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 2003, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

30,000

AMORTISATION

At 1 September 2024

and 31 August 2025

30,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 September 2024

78,187

875,392

953,579

Additions

-

263,559

263,559

Disposals

-

(44,432

)

(44,432

)

At 31 August 2025

78,187

1,094,519

1,172,706

DEPRECIATION

At 1 September 2024

69,345

335,760

405,105

Charge for year

2,211

147,939

150,150

Eliminated on disposal

-

(30,666

)

(30,666

)

At 31 August 2025

71,556

453,033

524,589

NET BOOK VALUE

At 31 August 2025

6,631

641,486

648,117

At 31 August 2024

8,842

539,632

548,474

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

Motor

vehicles

£

COST

At 1 September 2024

and 31 August 2025

105,307

DEPRECIATION

At 1 September 2024

46,071

Charge for year

14,809

At 31 August 2025

60,880

NET BOOK VALUE

At 31 August 2025

44,427

At 31 August 2024

59,236

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

191,022

205,049

Other debtors

97,874

93,408

288,896

298,457

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

7,500

10,000

Hire purchase contracts

7,575

49,588

Trade creditors

13,268

29,327

Taxation and social security

100,347

117,410

Other creditors

5,279

64,729

133,969

271,054

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

7,500

Hire purchase contracts

-

7,575

-

15,075

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Hire purchase contracts

7,575

57,163

Hire purchase debts are secured on the assets that they are financing.