NEW FLEET SERVICES LTD

Company Registration Number:
04981276 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

NEW FLEET SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

NEW FLEET SERVICES LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 472,878 462,100
Total fixed assets: 472,878 462,100
Current assets
Stocks: 17,250 31,277
Debtors: 4 984,053 648,809
Cash at bank and in hand: 316,294 580,529
Total current assets: 1,317,597 1,260,615
Creditors: amounts falling due within one year: 5 (230,667) (220,090)
Net current assets (liabilities): 1,086,930 1,040,525
Total assets less current liabilities: 1,559,808 1,502,625
Creditors: amounts falling due after more than one year: 6 (59,711) (174,061)
Total net assets (liabilities): 1,500,097 1,328,564
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,499,997 1,328,464
Shareholders funds: 1,500,097 1,328,564

The notes form part of these financial statements

NEW FLEET SERVICES LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 August 2024
and signed on behalf of the board by:

Name: R.R. Newell
Status: Director

The notes form part of these financial statements

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 577,895
Additions 79,791
Disposals (58,618)
At 31 December 2023 599,068
Depreciation
At 01 January 2023 115,795
Charge for year 33,564
On disposals (23,169)
At 31 December 2023 126,190
Net book value
At 31 December 2023 472,878
At 31 December 2022 462,100

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022 Trade 84431 66186 Bank loans and overdrafts 49054 9540 Corporation tax 60971 52517 Other taxes and social security 0 3387 VAT 22089 22881 Net wages 813 820 Accruals 3309 3138 Other loans 10000 10000 Amounts owed to associates 0 51621

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022 Bank loans 45542 149894 Other loans 14169 24167

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Loans to directors

Name of director receiving advance or credit: R.R. Newell
Description of the loan: Advance
£
Balance at 01 January 2023 390
Advances or credits made: 4,334
Balance at 31 December 2023 4,724

NEW FLEET SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Related party transactions

Name of the related party:
Relationship:
Related party ownership
Description of the Transaction: Management charge 84000
£
Balance at 01 January 2023 493,785
Balance at 31 December 2023 835,178
Name of the related party:
Relationship:
Related party ownership
Description of the Transaction: Management charge 70000
£
Balance at 01 January 2023 0
Balance at 31 December 2023 6,587
Name of the related party:
Relationship:
Related party ownership
Description of the Transaction: None
£
Balance at 01 January 2023 40,400
Balance at 31 December 2023 25,400