REGISTERED NUMBER: 03956563 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

FRANK HUDSON TRANSPORT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

8

Directors:

F Hudson

A Hudson

Secretary:

A Hudson

Registered office:

Hartbriggs Lane

Etherley Bank

High Etherley

Bishop Auckland

County Durham

DL14 0LG

Registered number:

03956563 (England and Wales)

Accountants:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

845,682

667,572

Investments

6

257,176

226,710

1,102,858

894,282

Current assets

Stocks

7,990

2,341

Debtors

403,291

344,511

Cash at bank and in hand

384,593

638,980

795,874

985,832

Creditors

Amounts falling due within one year

180,258

197,138

Net current assets

615,616

788,694

Total assets less current liabilities

1,718,474

1,682,976

Creditors

Amounts falling due after more than one year

(194,313

)

(143,416

)

Provisions for liabilities

(203,235

)

(163,485

)

Net assets

1,320,926

1,376,075

Capital and reserves

Called up share capital

182,875

182,875

Revaluation reserve

9

18,514

-

Capital redemption reserve

2

2

Retained earnings

1,119,535

1,193,198

Shareholders' funds

1,320,926

1,376,075

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 November 2026 and were signed on its behalf by:

F Hudson - Director

1.	STATUTORY INFORMATION

Frank Hudson Transport 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.

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

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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover

Turnover represents the value of work carried out during the year including amounts not yet invoiced, excluding value added tax. Income is being recognised according to the stage of completion of work done.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

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

-

25% on reducing balance and 10% on reducing balance

Fixtures and fittings

-

10% 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.

Fixed asset investments

Fixed asset investments are revalued at the end of each accounting period to their market value and all movements transferred to the revaluation reserve. Any permanent change in value is transferred to the profit and loss reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2025 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2025

and 30 April 2026

454,500

AMORTISATION

At 1 May 2025

and 30 April 2026

454,500

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2025

2,116,575

Additions

395,521

Disposals

(152,000

)

At 30 April 2026

2,360,096

DEPRECIATION

At 1 May 2025

1,449,003

Charge for year

201,872

Eliminated on disposal

(136,461

)

At 30 April 2026

1,514,414

NET BOOK VALUE

At 30 April 2026

845,682

At 30 April 2025

667,572

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

Totals

£

COST

At 1 May 2025

197,965

Additions

184,000

At 30 April 2026

381,965

DEPRECIATION

At 1 May 2025

42,651

Charge for year

69,327

At 30 April 2026

111,978

NET BOOK VALUE

At 30 April 2026

269,987

At 30 April 2025

155,314

6.	FIXED ASSET INVESTMENTS

30/4/26

30/4/25

£

£

Listed investments

226,710

231,963

Revaluation during the year

25,239

(1,768

)

Disposals

(58,890

)

(35,438

)

Additions

64,117

31,953

257,176

226,710

7.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30/4/26

30/4/25

£

£

Net obligations repayable:

Within one year

61,727

22,591

Between one and five years

168,840

97,025

230,567

119,616

Non-cancellable

operating leases

30/4/26

30/4/25

£

£

Within one year

2,076

-

Between one and five years

2,868

-

4,944

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

30/4/26

30/4/25

£

£

Hire purchase contracts

230,567

119,616

The hire purchase contracts are secured on the assets to which they relate.

9.

RESERVES

Revaluation

reserve

£

Revaluation during the year

24,685

Deferred tax transfer

(6,171

)

At 30 April 2026

18,514

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 Abridged 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 Frank Hudson Transport Limited for the year ended 30 April 2026 which comprise the Abridged Income Statement, Abridged 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 Frank Hudson Transport Limited, as a body, in accordance with the terms of our engagement letter dated 16 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Frank Hudson Transport Limited and state those matters that we have agreed to state to the Board of Directors of Frank Hudson Transport 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 Frank Hudson Transport 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 Frank Hudson Transport Limited. You consider that Frank Hudson Transport 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 Frank Hudson Transport 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.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

4 November 2026