REGISTERED NUMBER: 11191972 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

MHB Transport (Glos) Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M H Towler

REGISTERED OFFICE:

48 Hucclecote Road

Gloucester

GL3 3RS

REGISTERED NUMBER:

11191972 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

National Westminster Bank Plc

21 Eastgate Street

Gloucester

GL1 1NH

FIXED ASSETS

Tangible assets

4

19,706

9,460

CURRENT ASSETS

Debtors

5

586,722

208,737

Cash at bank and in hand

94,615

8,481

681,337

217,218

CREDITORS

Amounts falling due within one year

6

390,495

61,095

NET CURRENT ASSETS

290,842

156,123

TOTAL ASSETS LESS CURRENT LIABILITIES

310,548

165,583

CREDITORS

Amounts falling due after more than one year

7

-

2,726

NET ASSETS

310,548

162,857

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

310,448

162,757

SHAREHOLDERS' FUNDS

310,548

162,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 3 November 2026 and were signed by:

Mrs M H Towler - Director

1.	STATUTORY INFORMATION

MHB Transport (Glos) Ltd 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

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

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

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 statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 March 2025

3,109

6,874

22,567

32,550

Additions

1,505

4,423

14,750

20,678

Disposals

-

-

(10,039

)

(10,039

)

At 28 February 2026

4,614

11,297

27,278

43,189

Depreciation

At 1 March 2025

1,931

6,093

15,066

23,090

Charge for year

671

1,816

4,769

7,256

Eliminated on disposal

-

-

(6,863

)

(6,863

)

At 28 February 2026

2,602

7,909

12,972

23,483

Net book value

At 28 February 2026

2,012

3,388

14,306

19,706

At 28 February 2025

1,178

781

7,501

9,460

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade debtors

327,117

20,213

Other debtors

259,605

188,524

586,722

208,737

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Bank loans and overdrafts

7,730

15,109

Trade creditors

150,005

5,938

Taxation and social security

218,394

38,443

Other creditors

14,366

1,605

390,495

61,095

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28/2/26

28/2/25

£

£

Bank loans

-

2,726

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28/2/26

28/2/25

£

£

Within one year

13,176

-

Between one and five years

50,508

-

63,684

-

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28/2/26

28/2/25

£

£

Mrs M H Towler

Balance outstanding at start of year

139,991

102,732

Amounts advanced

60,854

46,959

Amounts repaid

(12,700

)

(9,700

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

188,145

139,991

Interest is charged on the above loan to the director, included within other debtors at the HM Revenue and Customs official rate of interest. Interest of £5,802 (2025 - £2,700) was charged during the year.