Henley Forklift Group (N.I.) Ltd

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

Page 1

Page 2

Balance Sheet

As At 31 December 2025

Balance Sheet

Registered number: NI042539

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		72,655		92,010

			72,655		92,010
CURRENT ASSETS
Stocks	5	-		23,500
Debtors	6	473,557		398,505
Cash at bank and in hand		116,503		126,310

		590,060		548,315
Creditors: Amounts Falling Due Within One Year	7	(349,220 )		(385,626 )

NET CURRENT ASSETS (LIABILITIES)			240,840		162,689

TOTAL ASSETS LESS CURRENT LIABILITIES			313,495		254,699

Creditors: Amounts Falling Due After More Than One Year	8		-		(25,861 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(15,257 )		(19,322 )

NET ASSETS			298,238		209,516

CAPITAL AND RESERVES
Called up share capital	11		2		2
Profit and Loss Account			298,236		209,514

SHAREHOLDERS' FUNDS			298,238		209,516

Page 2

Page 3

Henley Forklift Group (N.I.) Ltd

Balance Sheet (continued)

As At 31 December 2025

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 Christopher O'Connor

Director

11 June 2026

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

Page 3

Page 4

Henley Forklift Group (N.I.) Ltd

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Henley Forklift Group (N.I.) Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI042539 . The registered office is Garvey Studios, 14 Longstone Street, Lisburn, Co. Antrim, BT28 1TP.

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:

Plant & Machinery	20% on cost
Motor Vehicles	25% on cost

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. Stocks and Work in Progress

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

2.6. 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.

2.7. 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

Page 4

Page 5

Henley Forklift Group (N.I.) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 January 2025	169,824
Additions	22,000
Disposals	(15,676 )

As at 31 December 2025	176,148

Depreciation
As at 1 January 2025	77,814
Provided during the period	41,355
Disposals	(15,676 )

As at 31 December 2025	103,493

Net Book Value
As at 31 December 2025	72,655

As at 1 January 2025	92,010

5. Stocks

	2025	2024
	£	£
Stock	-	23,500

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	186,898	94,858
Amounts owed by group undertakings	279,189	296,282
Other debtors	7,470	7,365

	473,557	398,505

Page 5

Page 6

Henley Forklift Group (N.I.) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	25,861	33,199
Trade creditors	13,710	16,308
Amounts owed to group undertakings	212,914	251,394
Other creditors	11,674	46,790
Taxation and social security	85,061	37,935

	349,220	385,626

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	25,861

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	25,861		59,060

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	25,861	33,199
Later than one year and not later than five years	-	25,861

	25,861	59,060

	25,861	59,060

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

12. Related Party Transactions

During the year £485,156 of purchases were made from Henley Forklift Group Limited. At 31 December 2025 £279,187 was owed by Henley Forklift Group Limited.

During the year £94,602 of purchases were made from Henley Hire Services Limited. At 31 December 2025 £132,914 was owed to Henley Hire Services Limited.

Also included in amounts owed to group undertakings is a loan of £80,000 payable to Henley Group Limited.

These 3 companies, along with Henley Forklift Group (N.I.) Ltd, are under common control.

13. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

Page 6

Page 7

Henley Forklift Group (N.I.) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

14. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Henley Group Limited . Henley Group Limited was incorporated in the Republic of Ireland and the registered office address is Henley Industrial Park, Killeen Road, Dublin 10, Ireland. The ultimate controlling parties are Mr Christopher Francis O'Connor and Mrs Patricia O'Connor who control 100% of the shares of Henley Forklift Group (N.I.) Ltd .

15. Audit Information

The auditor's report on the accounts of Henley Forklift Group (N.I.) Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Ross McDonald (Senior Statutory Auditor) for and on behalf of McCleary & Company Ltd , Statutory Auditor.

Page 7

Directors	Mr Christopher O'Connor
	Mr Seamus Hurson
	Mr Alan Cassidy

Secretary	Mr Alan Cassidy

Company Number	NI042539

Registered Office	Garvey Studios
	14 Longstone Street
	Lisburn
	Co. Antrim
	BT28 1TP

Business	Unit 73 Derriaghy Industrial Park
	The Cutts
	Belfast
	Co. Antrim
	BT17 9HU

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