Allen Logistics (NI) Ltd

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

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Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: NI040137

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,273,676		1,401,858
Investments	5		10,000		10,000

			1,283,676		1,411,858
CURRENT ASSETS
Debtors	6	1,661,983		1,618,523
Cash at bank and in hand		152,938		210,978

		1,814,921		1,829,501
Creditors: Amounts Falling Due Within One Year	7	(1,759,041 )		(1,720,015 )

NET CURRENT ASSETS (LIABILITIES)			55,880		109,486

TOTAL ASSETS LESS CURRENT LIABILITIES			1,339,556		1,521,344

Creditors: Amounts Falling Due After More Than One Year	8		(333,898 )		(476,023 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(285,703 )		(316,436 )

NET ASSETS			719,955		728,885

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			719,855		728,785

SHAREHOLDERS' FUNDS			719,955		728,885

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Allen Logistics (NI) Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Allen

Director

22 June 2026

The notes on pages 4 to 7 form part of these financial statements.

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Allen Logistics (NI) Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Allen Logistics (NI) Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI040137 . The registered office is Quaker Buildings High Street, Lurgan, Craigavon, Co. Armagh, BT66 8BB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Straight line over 3 years
Plant & Machinery	20% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	33% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Allen Logistics (NI) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 62 (2025: 63)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	7,890	583,521	2,959,187	20,140
Additions	-	2,700	214,490	4,112
Disposals	-	-	(4,455 )	-

As at 31 March 2026	7,890	586,221	3,169,222	24,252

Depreciation
As at 1 April 2025	395	346,303	1,854,358	10,860
Provided during the period	1,578	47,535	290,704	2,061
Disposals	-	-	(3,350 )	-

As at 31 March 2026	1,973	393,838	2,141,712	12,921

Net Book Value
As at 31 March 2026	5,917	192,383	1,027,510	11,331

As at 1 April 2025	7,495	237,218	1,104,829	9,280

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Allen Logistics (NI) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	99,212	3,669,950
Additions	10,585	231,887
Disposals	-	(4,455 )

As at 31 March 2026	109,797	3,897,382

Depreciation
As at 1 April 2025	56,176	2,268,092
Provided during the period	17,086	358,964
Disposals	-	(3,350 )

As at 31 March 2026	73,262	2,623,706

Net Book Value
As at 31 March 2026	36,535	1,273,676

As at 1 April 2025	43,036	1,401,858

5. Investments

	Unlisted
	£
Cost
As at 1 April 2025	10,000

As at 31 March 2026	10,000

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	10,000

As at 1 April 2025	10,000

Investments consists of one share in Pall-ex Investments Limited. The fair value at the year end is believed to be unchanged from cost.

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,221,050	1,188,807
Amounts owed by group undertakings	327,591	236,979
Other debtors	113,342	192,737

	1,661,983	1,618,523

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Allen Logistics (NI) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	329,017	332,499
Trade creditors	485,539	509,390
Bank loans and overdrafts	682,707	640,829
Other creditors	63,550	59,429
Taxation and social security	198,228	177,868

	1,759,041	1,720,015

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	318,433	457,169
Bank loans	-	1,873
Other creditors	15,465	16,981

	333,898	476,023

9. Secured Creditors

Of the creditors the following amounts are secured.

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	647,450	789,668
Bank loans and overdrafts	682,707	642,702

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr James Allen	42,832	28,451	42,840	-	28,443
Mr Roger Allen	29,246	16,846	42,840	-	3,252

The above loans are unsecured, and repayable on demand. The interest rate applied is the official rate for beneficial loan arrangements.

12. Related Party Transactions

At the year end a loan balance of £327,591 (2025: £236,979) was due from Gort More Holding Ltd, which owns 100% of the company's issued share capital. Rent of £25,600 (2025: £76,800) was paid to Gort More Holding Ltd, during the year.

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Directors	Mr James Allen
	Mr Roger Allen

Company Number	NI040137

Registered Office	Quaker Buildings High Street
	Lurgan
	Craigavon
	Co. Armagh
	BT66 8BB

Business	64a Old Kilmore Road
	Moira
	Craigavon
	Co. Armagh
	BT67 0LZ

Accountants	McCleary & Company Ltd.
	Chartered Accountants and Registered Auditors
	Quaker Buildings
	High Street
	Lurgan
	Co. Armagh
	BT66 8BB