REGISTERED NUMBER: 12291533 (England and Wales)

HARRY & SONS HAULAGE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST OCTOBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mrs D L Harry

Mr C J S Harry

Mr I J S Harry

Mr K A S Harry

REGISTERED OFFICE:

86 Thresher Drive

SWINDON

Wiltshire

SN25 4AG

REGISTERED NUMBER:

12291533 (England and Wales)

ACCOUNTANTS:

Morris Owen

Chartered Accountants

43-45 Devizes Road

SWINDON

Wiltshire

SN1 4BG

FIXED ASSETS

Tangible assets

4

568,231

477,407

CURRENT ASSETS

Debtors

5

312,078

285,089

Cash at bank

46,533

48,283

358,611

333,372

CREDITORS

Amounts falling due within one year

6

506,690

396,039

NET CURRENT LIABILITIES

(148,079

)

(62,667

)

TOTAL ASSETS LESS CURRENT LIABILITIES

420,152

414,740

CREDITORS

Amounts falling due after more than one year

7

(295,252

)

(261,566

)

PROVISIONS FOR LIABILITIES

8

(25,296

)

(27,205

)

NET ASSETS

99,604

125,969

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

99,504

125,869

SHAREHOLDERS' FUNDS

99,604

125,969

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 25th June 2026 and were signed on its behalf by:

Mr I J S Harry - Director

Mr K A S Harry - Director

Mr C J S Harry - Director

1.	STATUTORY INFORMATION

Harry & Sons Haulage Ltd is a private company, limited by shares, registered in England & Wales.

The company's registered number is 12291533.

The company's registered office address is 86 Thresher Drive, Swindon, Wiltshire SN25 4AG.

The financial statements are presented in Pound Sterling.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Significant judgements and estimates

In preparing these financial statements, the directors have made the following judgements:

-

Determine whether leases entered into by the company as a lessee are operating leases or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

-

Determine the period of useful economic life and any residual value of all tangible fixed assets order to write off the value of each asset over that period.

-

Determine an appropriate provision for bad and doubtful debts by assessing the recoverability of all balances on a balance by balance basis.

-

Determine an appropriate provision for dilapidations by assessing the probable future obligations expected to exist at the end of the property lease.

-

Determine the valuation of revenue as described in the turnover accounting policy below.

Turnover

Turnover 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

-

20% on cost and 12.5% on cost

Computer equipment

-

33% on cost

Financial instruments

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Short term trade creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st November 2024

663,265

Additions

234,651

Disposals

(111,053

)

At 31st October 2025

786,863

DEPRECIATION

At 1st November 2024

185,858

Charge for year

107,546

Eliminated on disposal

(74,772

)

At 31st October 2025

218,632

NET BOOK VALUE

At 31st October 2025

568,231

At 31st October 2024

477,407

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

Plant and

machinery

etc

£

COST

At 1st November 2024

469,817

Additions

192,066

Disposals

(7,440

)

Transfer to ownership

(7,440

)

At 31st October 2025

647,003

DEPRECIATION

At 1st November 2024

89,453

Charge for year

71,961

Eliminated on disposal

(1,610

)

Transfer to ownership

(248

)

At 31st October 2025

159,556

NET BOOK VALUE

At 31st October 2025

487,447

At 31st October 2024

380,364

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

295,924

269,593

Other debtors

16,154

15,496

312,078

285,089

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

133,915

101,606

Trade creditors

144,007

192,096

Taxation and social security

75,818

52,916

Other creditors

152,950

49,421

506,690

396,039

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

295,252

261,566

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

100,463

90,707

Deferred tax losses

(75,167

)

(63,502

)

25,296

27,205

Deferred

tax

£

Balance at 1st November 2024

27,205

Charge to Statement of Income and Retained Earnings during year

9,756

Deferred tax losses

(11,665

)

Balance at 31st October 2025

25,296

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100