REGISTERED NUMBER: 08129462

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

EASTERN FORKLIFT TRUCKS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Brierley

R Cramsie

M J Ayres

E Ayres

REGISTERED OFFICE:

Toseland House

Cranford Road

Burton Latimer

Kettering

Northamptonshire

NN15 5TB

REGISTERED NUMBER:

08129462

ACCOUNTANTS:

Streets Hackett Griffey LLP

Accountants & Business Advisers

31 High Street

Haverhill

Suffolk

CB9 8AD

FIXED ASSETS

Tangible assets

4

2,815,787

3,103,056

CURRENT ASSETS

Stocks

549,829

483,124

Debtors

5

1,546,192

1,836,293

Cash at bank and in hand

795,550

913,896

2,891,571

3,233,313

CREDITORS

Amounts falling due within one year

6

1,681,136

2,188,747

NET CURRENT ASSETS

1,210,435

1,044,566

TOTAL ASSETS LESS CURRENT LIABILITIES

4,026,222

4,147,622

CREDITORS

Amounts falling due after more than one year

7

(458,691

)

(795,717

)

PROVISIONS FOR LIABILITIES

(557,645

)

(624,123

)

NET ASSETS

3,009,886

2,727,782

CAPITAL AND RESERVES

Called up share capital

644

644

Capital redemption reserve

56

56

Retained earnings

3,009,186

2,727,082

SHAREHOLDERS' FUNDS

3,009,886

2,727,782

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

P A Brierley - Director

1.	STATUTORY INFORMATION

Eastern Forklift Trucks Ltd is a private company, limited by shares , registered in Not specified/Other. 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 the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

in accordance with the property

Improvements to property

-

20% on cost

Plant and machinery

-

20% on cost

Hire fleet

-

10% on reducing balance

Motor vehicles

-

20% on cost

Office equipment

-

20% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised as income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised as income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2024 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 October 2024

254,797

577,451

27,677

Additions

-

-

-

Disposals

-

-

-

At 30 September 2025

254,797

577,451

27,677

DEPRECIATION

At 1 October 2024

26,908

245,890

18,759

Charge for year

2,542

-

2,507

Eliminated on disposal

-

-

-

At 30 September 2025

29,450

245,890

21,266

NET BOOK VALUE

At 30 September 2025

225,347

331,561

6,411

At 30 September 2024

227,889

331,561

8,918

Hire

Motor

Office

fleet

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

2,700,873

622,548

28,492

4,211,838

Additions

441,956

49,189

11,309

502,454

Disposals

(502,122

)

(187,864

)

-

(689,986

)

At 30 September 2025

2,640,707

483,873

39,801

4,024,306

DEPRECIATION

At 1 October 2024

504,528

297,359

15,338

1,108,782

Charge for year

234,377

59,007

4,713

303,146

Eliminated on disposal

(127,784

)

(75,625

)

-

(203,409

)

At 30 September 2025

611,121

280,741

20,051

1,208,519

NET BOOK VALUE

At 30 September 2025

2,029,586

203,132

19,750

2,815,787

At 30 September 2024

2,196,345

325,189

13,154

3,103,056

Included in cost of land and buildings is freehold land of £ 191,242 (2024 - £ 191,242 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

718,948

956,105

Other debtors

827,244

880,188

1,546,192

1,836,293

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

260,918

347,762

Trade creditors

885,906

1,519,495

Taxation and social security

437,467

304,827

Other creditors

96,845

16,663

1,681,136

2,188,747

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

458,691

780,117

Other creditors

-

15,600

458,691

795,717

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

719,609

1,127,879

Borrowings are secured on the asset financed.

9.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments in respect of operating leases is £680,154 (2024 £649,812).

10.	OFF-BALANCE SHEET ARRANGEMENTS

The company has entered into residual value contracts amounting to £3,404,099 falling due within 5 years.

These contracts relate to stock sold by the company which is required by the customers' lessors to be repurchased at a fixed residual value at the end of the lease term.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

£

P A Brierley

Balance outstanding at start of year

344,552

336,970

Amounts advanced

341,979

7,582

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

686,531

344,552

R Cramsie

Balance outstanding at start of year

60,254

38,380

Amounts advanced

-

21,874

Amounts repaid

(60,254

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

60,254

The loan was repaid after the balance sheet date.