Arthur Oakley Transport Limited

(Registration number: 01271370)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	4,063,861	4,385,862
Current assets
Stocks	5	23,599	36,032
Debtors	6	1,733,381	1,339,063
Investments	7	2,250	2,250
Cash at bank and in hand		753,290	688,080
		2,512,520	2,065,425
Creditors: Amounts falling due within one year	8	(1,418,301)	(1,145,262)
Net current assets		1,094,219	920,163
Total assets less current liabilities		5,158,080	5,306,025
Creditors: Amounts falling due after more than one year	8	(363,381)	(578,065)
Provisions for liabilities		(397,813)	(427,254)
Net assets		4,396,886	4,300,706
Capital and reserves
Called up share capital	9	603	603
Capital redemption reserve		300	300
Retained earnings		4,395,983	4,299,803
Shareholders' funds		4,396,886	4,300,706

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

(Registration number: 01271370)
Balance Sheet as at 30 September 2025
(continued)

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 February 2026 and signed on its behalf by:

.........................................
Mrs M H Oakley-Davies
Company secretary and director

.........................................
Mr B A Oakley
Director

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Gatehouse Road
Rotherwas Industrial Estate
Hereford
Herefordshire
HR2 6RQ

These financial statements were authorised for issue by the Board on 12 February 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

2	Accounting policies (continued)

Asset class	Depreciation method and rate
Freehold land	Nil
Freehold buildings	4% of cost per annum
Motor vehicles	25% of written down value per annum
Plant and machinery	15% of cost per annum
Fixtures and fittings	25% of written down value per annum

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

2	Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

2	Accounting policies (continued)

Leases

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

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 36 (2024 - 35).

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

4	Tangible assets

Land and buildings
£

Fixtures and fittings
£

Plant and machinery
£

Motor vehicles
£

Cost or valuation

At 1 October 2024

2,936,405

77,362

430,167

3,759,962

Additions

-

-

66,706

262,610

Disposals

-

-

(3,450)

(34,945)

At 30 September 2025

2,936,405

77,362

493,423

3,987,627

Depreciation

At 1 October 2024

660,158

60,584

258,978

1,838,313

Charge for the year

54,841

4,196

59,582

515,324

Eliminated on disposal

-

-

(1,770)

(19,250)

At 30 September 2025

714,999

64,780

316,790

2,334,387

Carrying amount

At 30 September 2025

2,221,406

12,582

176,633

1,653,240

At 30 September 2024

2,276,247

16,778

171,189

1,921,648

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

4	Tangible assets (continued)

	Total £
Cost or valuation
At 1 October 2024	7,203,896
Additions	329,316
Disposals	(38,395)
At 30 September 2025	7,494,817
Depreciation
At 1 October 2024	2,818,033
Charge for the year	633,943
Eliminated on disposal	(21,020)
At 30 September 2025	3,430,956
Carrying amount
At 30 September 2025	4,063,861
At 30 September 2024	4,385,862

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

4	Tangible assets (continued)

5

Stocks

2025
£

2024
£

Other inventories

23,599

36,032

6

Debtors

Current

2025
£

2024
£

Trade debtors

1,685,174

1,305,622

Prepayments

42,386

27,620

Other debtors

5,821

5,821

1,733,381

1,339,063

7

Current asset investments

2025
£

2024
£

Other investments

2,250

2,250

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	255,765	302,798
Trade creditors		691,008	538,600
Taxation and social security		291,420	123,873
Accruals and deferred income		153,092	152,550
Other creditors		27,016	27,441
		1,418,301	1,145,262

Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £255,764 (2024 - £302,798).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	363,381	578,065

Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £363,381 (2024 - £578,065).

Creditors include bank loans repayable by instalments of £23,534 (2024 - £92,363) due after more than five years.

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	603	603	603	603

Arthur Oakley Transport Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025
(continued)

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £

Bank borrowings	269,048	357,480
Hire purchase contracts	94,333	220,585
	363,381	578,065

Current loans and borrowings

	2025 £	2024 £

Bank borrowings	76,403	53,983
Hire purchase contracts	179,362	248,815
	255,765	302,798

11	Non adjusting events after the financial period

On 17 November 2025, the company sold its freehold property at Burcott Road, Hereford for a total consideration of £1,800,000. The property had a book value of £1,094,770 at the balance sheet date of 30 September 2025. The gain of £705,230 will be recognized in the 2026 financial year. No adjustments have been made to the 30 September 2025 financial statements as this represents a non-adjusting event.

Subsequent to the year-end, on 21 November 2025, the company completed the acquisition of a freehold property for £3,200,000. This represents a significant investment in property, plant and equipment, but no adjustment is required to the carrying values at 30 September 2025.

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 14

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Motor vehicles £
Cost or valuation
At 1 October 2024	2,936,405	77,362	430,167	3,759,962
Additions	-	-	66,706	262,610
Disposals	-	-	(3,450)	(34,945)
At 30 September 2025	2,936,405	77,362	493,423	3,987,627
Depreciation
At 1 October 2024	660,158	60,584	258,978	1,838,313
Charge for the year	54,841	4,196	59,582	515,324
Eliminated on disposal	-	-	(1,770)	(19,250)
At 30 September 2025	714,999	64,780	316,790	2,334,387
Carrying amount
At 30 September 2025	2,221,406	12,582	176,633	1,653,240
At 30 September 2024	2,276,247	16,778	171,189	1,921,648

Current	2025 £	2024 £
Trade debtors	1,685,174	1,305,622
Prepayments	42,386	27,620
Other debtors	5,821	5,821
	1,733,381	1,339,063