IRIS Accounts Production v24.3.0.553 02520667 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025206672023-03-31025206672024-03-31025206672023-04-012024-03-31025206672022-03-31025206672022-04-012023-03-31025206672023-03-3102520667ns15:EnglandWales2023-04-012024-03-3102520667ns14:PoundSterling2023-04-012024-03-3102520667ns10:Director12023-04-012024-03-3102520667ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3102520667ns10:SmallEntities2023-04-012024-03-3102520667ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102520667ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102520667ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102520667ns10:FullAccounts2023-04-012024-03-310252066712023-04-012024-03-3102520667ns10:OrdinaryShareClass12023-04-012024-03-3102520667ns10:Director22023-04-012024-03-3102520667ns10:CompanySecretary12023-04-012024-03-3102520667ns10:RegisteredOffice2023-04-012024-03-3102520667ns5:CurrentFinancialInstruments2024-03-3102520667ns5:CurrentFinancialInstruments2023-03-3102520667ns5:ShareCapital2024-03-3102520667ns5:ShareCapital2023-03-3102520667ns5:RetainedEarningsAccumulatedLosses2024-03-3102520667ns5:RetainedEarningsAccumulatedLosses2023-03-3102520667ns5:NetGoodwill2023-04-012024-03-3102520667ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3102520667ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-04-012024-03-3102520667ns5:LeaseholdImprovements2023-04-012024-03-3102520667ns5:PlantMachinery2023-04-012024-03-3102520667ns5:FurnitureFittings2023-04-012024-03-3102520667ns5:MotorVehicles2023-04-012024-03-3102520667ns5:NetGoodwill2023-03-3102520667ns5:NetGoodwill2024-03-3102520667ns5:NetGoodwill2023-03-3102520667ns5:LandBuildings2023-03-3102520667ns5:LeaseholdImprovements2023-03-3102520667ns5:PlantMachinery2023-03-3102520667ns5:LandBuildings2023-04-012024-03-3102520667ns5:LandBuildings2024-03-3102520667ns5:LeaseholdImprovements2024-03-3102520667ns5:PlantMachinery2024-03-3102520667ns5:LandBuildings2023-03-3102520667ns5:LeaseholdImprovements2023-03-3102520667ns5:PlantMachinery2023-03-3102520667ns5:FurnitureFittings2023-03-3102520667ns5:MotorVehicles2023-03-3102520667ns5:FurnitureFittings2024-03-3102520667ns5:MotorVehicles2024-03-3102520667ns5:FurnitureFittings2023-03-3102520667ns5:MotorVehicles2023-03-3102520667ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3102520667ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3102520667ns10:OrdinaryShareClass12024-03-3102520667ns5:RetainedEarningsAccumulatedLosses2023-03-3102520667ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 02520667 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

FLEET MOBILE COMMUNICATIONS LIMITED

FLEET MOBILE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02520667)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FLEET MOBILE COMMUNICATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J Fleet
Ms N E Fleet





SECRETARY: J Fleet





REGISTERED OFFICE: 79-81 Avery Hill Road
New Eltham
London
SE9 2BJ





REGISTERED NUMBER: 02520667 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

FLEET MOBILE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02520667)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 138,342 158,338
Tangible assets 5 949,164 865,150
1,087,506 1,023,488

CURRENT ASSETS
Stocks 17,352 15,106
Debtors 6 352,390 190,458
Cash at bank and in hand 552,719 925,721
922,461 1,131,285
CREDITORS
Amounts falling due within one year 7 435,061 540,486
NET CURRENT ASSETS 487,400 590,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,574,906

1,614,287

PROVISIONS FOR LIABILITIES 10,365 14,010
NET ASSETS 1,564,541 1,600,277

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 1,564,441 1,600,177
SHAREHOLDERS' FUNDS 1,564,541 1,600,277

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 MOBILE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02520667)

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.

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 21 October 2024 and were signed on its behalf by:





J Fleet - Director


FLEET MOBILE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02520667)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Fleet Mobile Communications 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Improvements to property - 10% per annum on cost
Plant and machinery - 25% per annum on reducing balance
Fixtures and fittings - 25% per annum on reducing balance
Motor vehicles - 25% per annum 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.


FLEET MOBILE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02520667)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
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.

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.

True and fair override
The freehold property held by the company consists of both commercial and residential premises. The company trades from the commercial premises and the residential element is held as an investment. As the directors cannot determine a value for this investment, in their opinion it is more appropriate to show the property at historic cost to ensure the accounts show a true and fair view.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 200,005
AMORTISATION
At 1 April 2023 41,667
Charge for year 19,996
At 31 March 2024 61,663
NET BOOK VALUE
At 31 March 2024 138,342
At 31 March 2023 158,338

FLEET MOBILE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02520667)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 April 2023 807,252 16,929 63,761
Additions 98,931 - -
Disposals - - -
At 31 March 2024 906,183 16,929 63,761
DEPRECIATION
At 1 April 2023 - 16,929 63,485
Charge for year - - 69
Eliminated on disposal - - -
At 31 March 2024 - 16,929 63,554
NET BOOK VALUE
At 31 March 2024 906,183 - 207
At 31 March 2023 807,252 - 276

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 11,784 125,045 1,024,771
Additions - - 98,931
Disposals - (13,970 ) (13,970 )
At 31 March 2024 11,784 111,075 1,109,732
DEPRECIATION
At 1 April 2023 6,004 73,203 159,621
Charge for year 1,445 12,887 14,401
Eliminated on disposal - (13,454 ) (13,454 )
At 31 March 2024 7,449 72,636 160,568
NET BOOK VALUE
At 31 March 2024 4,335 38,439 949,164
At 31 March 2023 5,780 51,842 865,150

The director's feel that the Freehold Property valuation is appropriate based on the professional valuation in September 2011.

FLEET MOBILE COMMUNICATIONS LIMITED (REGISTERED NUMBER: 02520667)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 122,734 102,105
Other debtors 229,656 88,353
352,390 190,458

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 328,171 396,055
Taxation and social security 65,424 104,073
Other creditors 41,466 40,358
435,061 540,486

8. SECURED DEBTS

Barclays Bank Plc holds fixed and floating charges over all the assets of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2023 1,600,177
Profit for the year 99,264
Dividends (135,000 )
At 31 March 2024 1,564,441

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors owe the company £142,274 (2023 £5,142 Credit)

During the year £135,000 dividends were voted to the directors.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is deemed to be J Fleet by virtue of his shareholding.