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REGISTERED NUMBER: 03396759 (England and Wales)















The Fleet Warehouse Limited

Unaudited Financial Statements

for the Year Ended 30 April 2024






The Fleet Warehouse Limited (Registered number: 03396759)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


The Fleet Warehouse Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R K Bastable
A Hopkins



REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF



REGISTERED NUMBER: 03396759 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Bank of Scotland
1 Kingsway
Cardiff
CF10 3YB

The Fleet Warehouse Limited (Registered number: 03396759)

Abridged Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,625,535 1,632,206

CURRENT ASSETS
Debtors 406,498 397,495
Cash at bank 14,189 64,998
420,687 462,493
CREDITORS
Amounts falling due within one year 169,086 161,784
NET CURRENT ASSETS 251,601 300,709
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,877,136

1,932,915

CREDITORS
Amounts falling due after more than one
year

6

967,965

1,106,973
NET ASSETS 909,171 825,942

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 909,071 825,842
SHAREHOLDERS' FUNDS 909,171 825,942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

The Fleet Warehouse Limited (Registered number: 03396759)

Abridged Statement of Financial Position - continued
30 April 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 Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





A Hopkins - Director


The Fleet Warehouse Limited (Registered number: 03396759)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

The Fleet Warehouse 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with applicable accounting standards and estimation techniques.

At the time of approving the financial statements the directors have a reasonable expectation that the Company has adequate resources to continue in operation existence for the foreseeable future.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 4% on cost
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

The Fleet Warehouse Limited (Registered number: 03396759)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023
and 30 April 2024 1,820,521
DEPRECIATION
At 1 May 2023 188,315
Charge for year 6,671
At 30 April 2024 194,986
NET BOOK VALUE
At 30 April 2024 1,625,535
At 30 April 2023 1,632,206

Included in cost of land and buildings is freehold land of £ 990,347 (2023 - £ 990,347 ) which is not depreciated.

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
30.4.24 30.4.23
£    £   
Repayable otherwise than by instalments
Other loans 567,965 706,973

7. RELATED PARTY DISCLOSURES

At the year-end the company was owed £169,472 (2023: £210,442) by The Fleet Warehouse (South West) Limited, a company controlled by the directors.

8. ULTIMATE CONTROLLING PARTY

The company was controlled by the directors.