Halls Vehicle Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10061108

Halls Vehicle Services Limited

Unaudited financial statements

30 November 2025

Halls Vehicle Services Limited

Statement of financial position

30 November 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		30,822		37,266

Current assets

Debtors	6	28,315	43,401
Cash at bank and in hand		90,877	134,843
		---------	---------
		119,192	178,244

Creditors: Amounts falling due within one year	7	( 93,242)		( 195,221)
		---------		---------
Net current assets/(liabilities)			25,950		( 16,977)
			-------		-------
Total assets less current liabilities			56,772		20,289

Provisions

Taxation including deferred tax	( 5,856)	879
	-------	-------
Net assets	50,916	21,168
	-------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	50,816	21,068
	-------	-------
Shareholders funds	50,916	21,168
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 May 2026 , and are signed on behalf of the board by:

K E Garrod

Director

Company registration number: 10061108

Halls Vehicle Services Limited

Notes to the financial statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA. The trading address of the company is Halls Yard, Black Bank Road, Little Downham, Ely, Cambridgeshire, CB6 2TZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity and is rounded to the nearest pound.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of services is recognised when the significant risks and rewards of ownership of the services have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	20% reducing balance

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 6 (2024: 6 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 December 2024 and 30 November 2025	41,381	46,557	10,600	98,538
	-------	-------	-------	-------
Depreciation
At 1 December 2024	24,495	32,062	4,715	61,272
Charge for the year	2,532	2,735	1,177	6,444
	-------	-------	-------	-------
At 30 November 2025	27,027	34,797	5,892	67,716
	-------	-------	-------	-------
Carrying amount
At 30 November 2025	14,354	11,760	4,708	30,822
	-------	-------	-------	-------
At 30 November 2024	16,886	14,495	5,885	37,266
	-------	-------	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	20,985	23,425
Other debtors	7,330	19,976
	-------	-------
	28,315	43,401
	-------	-------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	18,572	22,560
Social security and other taxes	14,754	3,756
Other creditors	59,916	168,905
	-------	---------
	93,242	195,221
	-------	---------

8. Related party transactions

At the reporting date, the Company had an outstanding loan balance of £56,666 (2024: £150,166) due to Halls Transport Limited. The loan is interest-free, unsecured, and repayable on demand.