D H Oils Limited iXBRL

D H Oils Limited

Abridged Unaudited Financial Statements

for the financial year ended 31 October 2025

D H Oils Limited

DIRECTOR'S REPORT

for the financial year ended 31 October 2025

The director presents his report and the unaudited financial statements for the financial year ended 31 October 2025.

Principal Activity

The principal activity of the company is the wholesale distribution and supply of fuel.

Results and Dividends

The profit for the financial year after providing for depreciation and taxation amounted to £58,837 (2024 - £71,563).

Dividends totalling £0 were paid to the director during the year ended 31st October 2025.

Director

The director who served during the financial year is as follows:

Mr. Desmond Harte

There were no changes in shareholdings between 31 October 2025 and the date of signing the financial statements.

Charitable and Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of director's Responsibilities and Declaration on Unaudited Financial Statements

The director made the following statement in respect of the unaudited financial statements:

"General responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Director's declaration on unaudited financial statements

In relation to the financial statements comprising the Abridged Profit and Loss Account, the Abridged Balance Sheet, the Reconciliation of Shareholders' Funds and the related notes:

The director approves these financial statements and confirms that he is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.

The director confirms that he has made available to John MacMahon & Co, (Chartered Accountants), all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.

The director confirms that to the best of his knowledge and belief, the accounting records reflect all the transactions of the company for the financial year ended 31 October 2025."

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr. Desmond Harte

Director

24 July 2026

D H Oils Limited

ABRIDGED PROFIT AND LOSS ACCOUNT

for the financial year ended 31 October 2025

	2025	2024
Notes	£	£

Gross profit	1,074,620	1,076,623

Administrative expenses	(1,007,864)	(1,025,247)
	─────────	─────────
Operating profit	66,756	51,376

Interest receivable and similar income	573	446
Interest payable and similar expenses	(493)	(551)
	─────────	─────────
Profit before taxation	66,836	51,271

Tax on profit	(7,999)	20,292
	─────────	─────────
Profit for the financial year	58,837	71,563
	─────────	─────────
Total comprehensive income	58,837	71,563
	═════════	═════════

D H Oils Limited

Company Registration Number: NI026079

ABRIDGED BALANCE SHEET

as at 31 October 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

455,311

449,008

─────────

Current Assets

Stocks

33,546

58,192

Debtors

628,164

392,336

Cash and cash equivalents

430,998

442,649

─────────

1,092,708

893,177

─────────

Creditors: amounts falling due within one year

(549,505)

(391,458)

─────────

Net Current Assets

543,203

501,719

─────────

Total Assets less Current Liabilities

998,514

950,727

Creditors:

amounts falling due after more than one year

(6,943)

Provisions for liabilities

(91,062)

(95,169)

─────────

Net Assets

907,452

848,615

═════════

Capital and Reserves

Called up share capital

Retained earnings

907,450

848,613

─────────

Shareholders' Funds

907,452

848,615

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 24 July 2026



________________________________
Mr. Desmond Harte
Director

D H Oils Limited

RECONCILIATION OF SHAREHOLDERS' FUNDS

as at 31 October 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 November 2023	2	777,050	777,052
	─────────	─────────	─────────
Profit for the financial year	-	71,563	71,563
	─────────	─────────	─────────
At 31 October 2024	2	848,613	848,615
	─────────	─────────	─────────
Profit for the financial year	-	58,837	58,837
	─────────	─────────	─────────
At 31 October 2025	2	907,450	907,452
	═════════	═════════	═════════

D H Oils Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 October 2025

General Information

D H Oils Limited is a private company limited by shares incorporated in Northern Ireland. The registered office of the company is 68 Culloville Road, Crossmaglen, Newry, Co. Down, Northern Ireland which is also the principal place of business of the company.

The financial statements have been presented in Pound (£) which is also the functional currency of the company. The registration number of the company is NI026079.

These financial statements cover the individual entity for the year ended 31st October 2025.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

4% Straight Line

Plant and machinery

20% Reducing Balance

Fixtures, fittings and equipment

20% Straight Line

Motor vehicles

20% Reducing Balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Stocks

Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was:

2025

2024

Number

Number

Employees

═════════


4.	Tangible assets
		Land and	Plant and	Fixtures,	Motor	Total
		buildings	machinery	fittings and	vehicles
		freehold		equipment
		£	£	£	£	£
	Cost
	At 1 November 2024	16,950	1,400,929	1,344	3,825	1,423,048
	Additions	-	140,114	-	-	140,114
		─────────	─────────	─────────	─────────	─────────
	At 31 October 2025	16,950	1,541,043	1,344	3,825	1,563,162
		─────────	─────────	─────────	─────────	─────────
	Depreciation
	At 1 November 2024	8,814	960,057	1,344	3,825	974,040
	Charge for the financial year	678	133,133	-	-	133,811
		─────────	─────────	─────────	─────────	─────────
	At 31 October 2025	9,492	1,093,190	1,344	3,825	1,107,851
		─────────	─────────	─────────	─────────	─────────
	Net book value
	At 31 October 2025	7,458	447,853	-	-	455,311
		═════════	═════════	═════════	═════════	═════════
	At 31 October 2024	8,136	440,872	-	-	449,008
		═════════	═════════	═════════	═════════	═════════