Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

John O'Donnell
Alan Scott
Linda Sichi
Rose Tinney
C Tartaglia
L Williams

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 August 2025

And signed on behalf of the board by:
Name: Linda Sichi
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2025

	2025	2024
	£	£
Turnover:	979,012	781,402
Cost of sales:	( 889,792 )	( 746,427 )
Gross profit(or loss):	89,220	34,975
Administrative expenses:	( 57,925 )	( 29,885 )
Operating profit(or loss):	31,295	5,090
Profit(or loss) before tax:	31,295	5,090
Profit(or loss) for the financial year:	31,295	5,090

Balance sheet

As at 31 March 2025

	Notes	2025	2024
		£	£
Current assets
Debtors:	3	491,636	320,767
Cash at bank and in hand:		195,428	152,436
Total current assets:		687,064	473,203
Creditors: amounts falling due within one year:	4	( 658,939 )	( 468,042 )
Net current assets (liabilities):		28,125	5,161
Total assets less current liabilities:		28,125	5,161
Total net assets (liabilities):		28,125	5,161
Capital and reserves
Called up share capital:		1	1
Profit and loss account:		28,124	5,160
Total Shareholders' funds:		28,125	5,161

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is recognised at the fair value of the consideration received or receivable for good and services provided in the normal course of business, and is shown net of VAT and other sales related tax. The company oversees the management of repairs and maintenance services for its factored owners. The company also provides insurance to the factored owners. The directors concluded that this expenditure and revenue should be accounted for an a principal basis and shown gross rather than on an agency basis, where the expenditure and revenue would be netted off in the financial statements.

  Other accounting policies

  Going concern and Cash and financial liabilities and recharge of repairs and insurance

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0