REGISTERED NUMBER: 03374332 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

HARDISTY CRN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D M Hardisty

Mrs S Hardisty

L Harris

SECRETARY:

D M Hardisty

REGISTERED OFFICE:

Unit 7 & 8, Priory Mews

Monks Ferry

Birkenhead

Wirral

CH41 5AZ

REGISTERED NUMBER:

03374332 (England and Wales)

ACCOUNTANTS:

Michael Donnan & Co Limited

Oaktree Court Business Ctr

Mill Lane

Ness

Cheshire

CH64 8TP

FIXED ASSETS

Tangible assets

4

168,784

224,477

CURRENT ASSETS

Stocks

35,000

35,000

Debtors

5

1,990,337

1,537,741

Cash at bank

902,505

481,501

2,927,842

2,054,242

CREDITORS

Amounts falling due within one year

6

1,758,822

985,283

NET CURRENT ASSETS

1,169,020

1,068,959

TOTAL ASSETS LESS CURRENT LIABILITIES

1,337,804

1,293,436

CREDITORS

Amounts falling due after more than one year

7

(32,729

)

(70,128

)

PROVISIONS FOR LIABILITIES

(10,000

)

(20,000

)

NET ASSETS

1,295,075

1,203,308

CAPITAL AND RESERVES

Called up share capital

10

50

50

Capital redemption reserve

11

50

50

Retained earnings

11

1,294,975

1,203,208

SHAREHOLDERS' FUNDS

1,295,075

1,203,308

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 27 October 2026 and were signed on its behalf by:

D M Hardisty - Director

1.	STATUTORY INFORMATION

Hardisty CRN 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Transactions are rounded to the nearest £.

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 represents net invoiced sales of work done, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 37 (2025 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 June 2025

and 31 May 2026

4,760

7,162

464,385

476,307

DEPRECIATION

At 1 June 2025

1,910

4,766

245,154

251,830

Charge for year

285

599

54,809

55,693

At 31 May 2026

2,195

5,365

299,963

307,523

NET BOOK VALUE

At 31 May 2026

2,565

1,797

164,422

168,784

At 31 May 2025

2,850

2,396

219,231

224,477

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Motor

vehicles

£

COST

At 1 June 2025

and 31 May 2026

269,426

DEPRECIATION

At 1 June 2025

106,157

Charge for year

40,818

At 31 May 2026

146,975

NET BOOK VALUE

At 31 May 2026

122,451

At 31 May 2025

163,269

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/26

31/5/25

£

£

Trade debtors

1,286,934

941,559

Other debtors

87,553

53,656

Directors' current accounts

93,688

86,678

Prepayments

37,179

17,640

Accrued income

484,983

438,208

1,990,337

1,537,741

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/5/26

31/5/25

£

£

Bank loans and overdrafts

-

10,003

Hire purchase contracts and finance leases (see note 8)

37,399

51,582

Trade creditors

1,140,558

627,044

Tax

55,000

25,000

Social security and other taxes

118,337

106,827

VAT

10,568

25,623

Other creditors

47,799

50,777

Deferred income

126,971

-

Accrued expenses

222,190

88,427

1,758,822

985,283

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/5/26

31/5/25

£

£

Hire purchase contracts and finance leases (see note 8)

32,729

70,128

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

Finance leases

31/5/26

31/5/25

31/5/26

31/5/25

£

£

£

£

Net obligations repayable:

Within one year

37,399

49,468

-

2,114

Between one and five years

32,729

70,128

-

-

70,128

119,596

-

2,114

Non-cancellable

operating leases

31/5/26

31/5/25

£

£

Within one year

3,600

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/5/26

31/5/25

£

£

Bank loans

-

10,003

Hire purchase contracts and finance leases

70,128

121,710

70,128

131,713

The hire purchase creditors are secured on the assets which are the subject of the agreements.

The North West Fund for Business Loan contains a fixed and floating charge over the assets of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/26

31/5/25

value:

£

£

50

Ordinary

£1

50

50

11.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 June 2025

1,203,208

50

1,203,258

Profit for the year

91,767

91,767

At 31 May 2026

1,294,975

50

1,295,025

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2026 and 31 May 2025:

31/5/26

31/5/25

£

£

D M Hardisty

Balance outstanding at start of year

86,679

77,546

Amounts advanced

142,376

178,918

Amounts repaid

(135,367

)

(169,785

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

93,688

86,679

The above advance is interest free, has no fixed repayment date and is unsecured.