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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
Page
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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
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Fleet-Chapman M Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,604 
15,324 
Current assets
Inventories
72,861 
87,000 
Debtors
91,063 
97,038 
Cash at bank and in hand
75,513 
83,958 
239,437 
267,996 
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 
Capital and reserves
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
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Fleet-Chapman M Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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
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.
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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 
Depreciation
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 
Net book value
At 31 August 2024
2,288 
6,821 
495 
9,604 
At 31 August 2023
4,576 
9,095 
1,653 
15,324 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
89,359 
95,182 
Other debtors
1,704 
1,856 
91,063 
97,038 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,853 
11,525 
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 
103,643 
109,833 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,117 
28,131 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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