REGISTERED NUMBER: 02520667 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FLEET MOBILE COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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 Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Intangible assets

4

118,341

138,342

Tangible assets

5

1,127,602

949,164

1,245,943

1,087,506

CURRENT ASSETS

Stocks

20,695

17,352

Debtors

6

119,296

352,390

Cash at bank and in hand

641,547

552,719

781,538

922,461

CREDITORS

Amounts falling due within one year

7

389,095

435,061

NET CURRENT ASSETS

392,443

487,400

TOTAL ASSETS LESS CURRENT LIABILITIES

1,638,386

1,574,906

PROVISIONS FOR LIABILITIES

28,754

10,365

NET ASSETS

1,609,632

1,564,541

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

1,609,532

1,564,441

SHAREHOLDERS' FUNDS

1,609,632

1,564,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 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 8 September 2025 and were signed on its behalf by:

J Fleet - Director

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.

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 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

200,005

AMORTISATION

At 1 April 2024

61,663

Charge for year

20,001

At 31 March 2025

81,664

NET BOOK VALUE

At 31 March 2025

118,341

At 31 March 2024

138,342

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

906,183

16,929

63,761

Additions

105,155

-

-

At 31 March 2025

1,011,338

16,929

63,761

DEPRECIATION

At 1 April 2024

-

16,929

63,554

Charge for year

-

-

51

At 31 March 2025

-

16,929

63,605

NET BOOK VALUE

At 31 March 2025

1,011,338

-

156

At 31 March 2024

906,183

-

207

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

11,784

111,075

1,109,732

Additions

4,490

79,999

189,644

At 31 March 2025

16,274

191,074

1,299,376

DEPRECIATION

At 1 April 2024

7,449

72,636

160,568

Charge for year

1,483

9,672

11,206

At 31 March 2025

8,932

82,308

171,774

NET BOOK VALUE

At 31 March 2025

7,342

108,766

1,127,602

At 31 March 2024

4,335

38,439

949,164

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

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

117,470

122,734

Other debtors

1,826

229,656

119,296

352,390

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

230,284

328,171

Taxation and social security

75,327

65,424

Other creditors

83,484

41,466

389,095

435,061

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

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

1,564,441

Profit for the year

180,091

Dividends

(135,000

)

At 31 March 2025

1,609,532

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors are owed £2,636 (2024: owed to company £142,274)

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

12.	ULTIMATE CONTROLLING PARTY