REGISTERED NUMBER: 04530612 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MUSTOES HAULAGE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

W J Mustoe

R E Mustoe

C J Mustoe

SECRETARY:

D J Mustoe

REGISTERED OFFICE:

The Mill, Mill End

Northleach

Cheltenham

Gloucestershire

GL54 3HJ

REGISTERED NUMBER:

04530612 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

4th Floor

St James House

St James Square

Cheltenham

Gloucestershire

GL50 3PR

FIXED ASSETS

Property, plant and equipment

4

82,734

51,349

CURRENT ASSETS

Debtors

5

55,225

54,304

Cash at bank

29,734

24,599

84,959

78,903

CREDITORS

Amounts falling due within one year

6

42,407

45,809

NET CURRENT ASSETS

42,552

33,094

TOTAL ASSETS LESS CURRENT LIABILITIES

125,286

84,443

CREDITORS

Amounts falling due after more than one year

7

(76,263

)

(55,983

)

PROVISIONS FOR LIABILITIES

(150

)

(150

)

NET ASSETS

48,873

28,310

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,773

28,210

SHAREHOLDERS' FUNDS

48,873

28,310

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 7 May 2026 and were signed on its behalf by:

W J Mustoe - Director

1.	STATUTORY INFORMATION

Mustoes Haulage 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.

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

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

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

-

20% on cost

Motor vehicles

-

25% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 5 (2024 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 January 2025

165,865

337,387

6,136

509,388

Additions

1,800

60,600

-

62,400

Disposals

(13,200

)

(63,409

)

-

(76,609

)

At 31 December 2025

154,465

334,578

6,136

495,179

Depreciation

At 1 January 2025

120,057

331,846

6,136

458,039

Charge for year

17,545

10,154

-

27,699

Eliminated on disposal

(13,200

)

(60,093

)

-

(73,293

)

At 31 December 2025

124,402

281,907

6,136

412,445

Net book value

At 31 December 2025

30,063

52,671

-

82,734

At 31 December 2024

45,808

5,541

-

51,349

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

Motor

vehicles

£

Cost

Additions

28,600

At 31 December 2025

28,600

Depreciation

Charge for year

596

At 31 December 2025

596

Net book value

At 31 December 2025

28,004

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

50,480

52,736

Other debtors

4,745

1,568

55,225

54,304

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,320

-

Trade creditors

31,197

36,533

Taxation and social security

2,136

4,664

Other creditors

4,754

4,612

42,407

45,809

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

17,280

-

Other creditors

58,983

55,983

76,263

55,983