Company Registration No. 10334294 (England and Wales)
Fleet-Chapman M Limited
Unaudited accounts
for the year ended 31 August 2024
Fleet-Chapman M Limited
Unaudited accounts
Contents
Fleet-Chapman M Limited
Company Information
for the year ended 31 August 2024
Director
Martin Fleet-Chapman
Company Number
10334294 (England and Wales)
Registered Office
2 - 3 STABLE COURT HERRIARD PARK
HERRIARD
BASINGSTOKE
RG25 2PL
ENGLAND
Accountants
Black & White Chartered Certified Accountants
2-3 Stable Court
Herriard Park
Herriard
Hampshire
RG25 2PL
Fleet-Chapman M Limited
Statement of financial position
as at 31 August 2024
Tangible assets
9,604
15,324
Cash at bank and in hand
75,513
83,958
Creditors: amounts falling due within one year
(103,643)
(109,833)
Net current assets
135,794
158,163
Total assets less current liabilities
145,398
173,487
Creditors: amounts falling due after more than one year
(18,117)
(28,131)
Net assets
127,281
145,356
Called up share capital
1
1
Profit and loss account
127,280
145,355
Shareholders' funds
127,281
145,356
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 April 2025 and were signed on its behalf by
Martin Fleet-Chapman
Director
Company Registration No. 10334294
Fleet-Chapman M Limited
Notes to the Accounts
for the year ended 31 August 2024
Fleet-Chapman M Limited is a private company, limited by shares, registered in England and Wales, registration number 10334294. The registered office is 2 - 3 STABLE COURT HERRIARD PARK, HERRIARD, BASINGSTOKE, RG25 2PL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% straight line
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 payment is treated as a liability.
Fleet-Chapman M Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
9,152
61,329
4,630
75,111
At 31 August 2024
9,152
61,329
4,630
75,111
At 1 September 2023
4,576
52,234
2,977
59,787
Charge for the year
2,288
2,274
1,158
5,720
At 31 August 2024
6,864
54,508
4,135
65,507
At 31 August 2024
2,288
6,821
495
9,604
At 31 August 2023
4,576
9,095
1,653
15,324
Amounts falling due within one year
Trade debtors
89,359
95,182
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
2,574
Trade creditors
82,847
22,208
Taxes and social security
4,084
6,996
Loans from directors
11,859
66,530
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).