Halso UK Fuels Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03763082

		31 May 2026		31 May 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		503,648		804,939

			503,648		804,939
CURRENT ASSETS
Stocks	5	325,732		206,522
Debtors	6	2,468,094		1,946,682
Cash at bank and in hand		113,647		576,522

		2,907,473		2,729,726
Creditors: Amounts Falling Due Within One Year	7	(2,030,114 )		(2,101,284 )

NET CURRENT ASSETS (LIABILITIES)			877,359		628,442

TOTAL ASSETS LESS CURRENT LIABILITIES			1,381,007		1,433,381

Creditors: Amounts Falling Due After More Than One Year	8		(43,684 )		(100,712 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(63,208 )		(91,906 )

NET ASSETS			1,274,115		1,240,763

CAPITAL AND RESERVES
Called up share capital			2,907		2,907
Profit and Loss Account			1,271,208		1,237,856

SHAREHOLDERS' FUNDS			1,274,115		1,240,763

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Halso UK Fuels Ltd

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 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 D Arthur

Director

18 September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Halso UK Fuels Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03763082 . The registered office is Fradley Aerodrome, Wood End Lane, Fradley, Lichfield, Staffordshire, WS13 8NG.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	100% straight line
Plant & Machinery	20% straight line
Motor Vehicles	20% & 25% straight line

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 and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Halso UK Fuels Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 26 (2025: 26)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 June 2025	181,602	177,425	2,407,529	2,766,556
Additions	-	16,126	33,922	50,048
Disposals	-	-	(26,437 )	(26,437 )

As at 31 May 2026	181,602	193,551	2,415,014	2,790,167

Depreciation
As at 1 June 2025	181,602	73,241	1,706,774	1,961,617
Provided during the period	-	34,276	317,063	351,339
Disposals	-	-	(26,437 )	(26,437 )

As at 31 May 2026	181,602	107,517	1,997,400	2,286,519

Net Book Value
As at 31 May 2026	-	86,034	417,614	503,648

As at 1 June 2025	-	104,184	700,755	804,939

The fixed assets are secured by fixed charge held by Mitsubishi HC Capital UK PLC.

5. Stocks

	31 May 2026	31 May 2025
	£	£
Stock	325,732	206,522

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Halso UK Fuels Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

6. Debtors

	31 May 2026	31 May 2025
	£	£
Due within one year
Trade debtors	1,605,616	1,215,257
Amounts owed by group undertakings	9,446	137,194
Other debtors	853,032	594,231

	2,468,094	1,946,682

7. Creditors: Amounts Falling Due Within One Year

	31 May 2026	31 May 2025
	£	£
Net obligations under finance lease and hire purchase contracts	56,440	88,111
Trade creditors	1,238,035	1,898,033
Amounts owed to group undertakings	471,705	71,705
Other creditors	48,236	21,016
Taxation and social security	215,698	22,419

	2,030,114	2,101,284

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

	31 May 2026	31 May 2025
	£	£
Net obligations under finance lease and hire purchase contracts	43,684	100,712

9. Obligations Under Finance Leases and Hire Purchase

	31 May 2026	31 May 2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	56,440	88,111
Later than one year and not later than five years	43,684	100,712

	100,124	188,823

	100,124	188,823

10. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.

11. Ultimate Controlling Party

The company is a wholly owned subsidiary of Osborn Head Office Limited, a company incorporated in the UK.

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