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REGISTERED NUMBER: SC591460 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Fleet Ford Ltd

Fleet Ford Ltd (Registered number: SC591460)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Fleet Ford Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Major Gen P C Marriott CB CBE DL
Mrs K H Marriott





REGISTERED OFFICE: Fleet Ford
Littleferry
Golspie
Sutherland
KW10 6TD





REGISTERED NUMBER: SC591460 (Scotland)





ACCOUNTANTS: Mackay & Co
Chartered Accountants
Unit 8
Golspie Business Park
Golspie
Sutherland
KW10 6UB

Fleet Ford Ltd (Registered number: SC591460)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 487 272

CURRENT ASSETS
Cash at bank 1,123 2,939

CREDITORS
Amounts falling due within one year 3,776 2,846
NET CURRENT (LIABILITIES)/ASSETS (2,653 ) 93
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,166

)

365

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,266 ) 265
(2,166 ) 365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Fleet Ford Ltd (Registered number: SC591460)

Abridged Balance Sheet - continued
31 March 2024


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 31 March 2024 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 27 September 2024 and were signed on its behalf by:





Major Gen P C Marriott CB CBE DL - Director


Fleet Ford Ltd (Registered number: SC591460)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Fleet Ford Ltd is a private company, limited by shares , registered in Scotland. 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 each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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.

Going concern
At the accounting year end the balance sheet shows a net deficit position, however the deficit is sufficiently covered by the amounts owed to the directors at the year end. The directors have confirmed continued support and consider the company retains sufficient working capital to continue trading for the foreseeable future.

Fleet Ford Ltd (Registered number: SC591460)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 664
Additions 424
At 31 March 2024 1,088
DEPRECIATION
At 1 April 2023 392
Charge for year 209
At 31 March 2024 601
NET BOOK VALUE
At 31 March 2024 487
At 31 March 2023 272