REGISTERED NUMBER: 01680599 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

H.P. Transport (Garages) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTORS:

M G Bright

S M Draper

REGISTERED OFFICE:

Unit 21 Elliott Road

West Howe Industrial Estate

Bournemouth

Dorset

BH11 8JU

REGISTERED NUMBER:

01680599 (England and Wales)

ACCOUNTANTS:

LJB Chartered Certified Accountants

Tax & Business Advisors

864 Christchurch Road

Bournemouth

Dorset

BH7 6DQ

FIXED ASSETS

Intangible assets

4

128,000

144,000

Property, plant and equipment

5

212,586

196,210

340,586

340,210

CURRENT ASSETS

Inventories

4,116

1,014

Debtors

6

44,004

59,178

Cash at bank and in hand

10,252

46,386

58,372

106,578

CREDITORS

Amounts falling due within one year

7

192,549

232,130

NET CURRENT LIABILITIES

(134,177

)

(125,552

)

TOTAL ASSETS LESS CURRENT LIABILITIES

206,409

214,658

CREDITORS

Amounts falling due after more than one year

8

-

(12,500

)

PROVISIONS FOR LIABILITIES

(39,634

)

(36,474

)

NET ASSETS

166,775

165,684

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

166,275

165,184

SHAREHOLDERS' FUNDS

166,775

165,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2026 and were signed on its behalf by:

M G Bright - Director

S M Draper - Director

1.	STATUTORY INFORMATION

H.P. Transport (Garages) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance, 10% on cost and 10% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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

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.

Change of amortisation estimate - goodwill

During the year, management reassessed the expected useful economic life of goodwill arising on past acquisitions. Following this review, the useful life has been increased from 5 years to 10 years, reflecting updated expectations of the period over which the underlying business is expected to generate economic benefits.

In accordance with FRS 102 para 10.16, this change in estimate has been applied prospectively.

As a result of the revised useful life, the annual amortisation charge for goodwill has reduced from £36,000 to £16,000, a decrease of £20,000 in the current year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

180,000

AMORTISATION

At 1 April 2025

36,000

Charge for year

16,000

At 31 March 2026

52,000

NET BOOK VALUE

At 31 March 2026

128,000

At 31 March 2025

144,000

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2025

624,367

Additions

61,859

Disposals

(48,000

)

At 31 March 2026

638,226

DEPRECIATION

At 1 April 2025

428,157

Charge for year

41,360

Eliminated on disposal

(43,877

)

At 31 March 2026

425,640

NET BOOK VALUE

At 31 March 2026

212,586

At 31 March 2025

196,210

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

24,076

29,795

Amounts owed by associates

12,799

-

Other debtors

7,129

29,383

44,004

59,178

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

12,500

15,000

Trade creditors

71,679

116,426

Taxation and social security

25,945

38,962

Other creditors

82,425

61,742

192,549

232,130

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

-

12,500

9.	ULTIMATE CONTROLLING PARTY

There was no ultimate controlling party during the year under review.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of H.P. Transport (Garages) Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of H.P. Transport (Garages) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of H.P. Transport (Garages) Limited and state those matters that we have agreed to state to the Board of Directors of H.P. Transport (Garages) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that H.P. Transport (Garages) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of H.P. Transport (Garages) Limited. You consider that H.P. Transport (Garages) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of H.P. Transport (Garages) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

LJB Chartered Certified Accountants

Tax & Business Advisors

864 Christchurch Road

Bournemouth

Dorset

BH7 6DQ

21 October 2026