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REGISTERED NUMBER: 07768092 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FMS FLEET MAINTENANCE SERVICES LIMITED
FMS FLEET MAINTENANCE SERVICES LIMITED (REGISTERED NUMBER: 07768092)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


FMS FLEET MAINTENANCE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: A Abbott





REGISTERED OFFICE: 19 Highfield Avenue
Heywood
Lancashire
OL10 4SQ





REGISTERED NUMBER: 07768092 (England and Wales)





ACCOUNTANTS: TC Group
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ
Page 1
FMS FLEET MAINTENANCE SERVICES LIMITED (REGISTERED NUMBER: 07768092)

ABRIDGED BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111,802 112,872

CURRENT ASSETS
Stocks 12,950 12,950
Debtors 73,879 55,519
Cash at bank and in hand 45,681 101,163
132,510 169,632
CREDITORS
Amounts falling due within one year 132,662 122,195
NET CURRENT (LIABILITIES)/ASSETS (152 ) 47,437
TOTAL ASSETS LESS CURRENT
LIABILITIES
111,650
160,309

CREDITORS
Amounts falling due after more than one year 72,814 111,616
NET ASSETS 38,836 48,693

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,736 48,593
SHAREHOLDERS' FUNDS 38,836 48,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:





A Abbott - Director


The notes form part of these financial statements

Page 2
FMS FLEET MAINTENANCE SERVICES LIMITED (REGISTERED NUMBER: 07768092)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

FMS Fleet Maintenance Services 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 represents net invoiced sales of goods and services rendered, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 25% on cost
Plant and machinery - 20% on reducing balance
Furniture and fixtures - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer and office equipment - 33% on cost

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 Statement of Income and Retained Earnings, 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.

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 payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

Page 3 continued...
FMS FLEET MAINTENANCE SERVICES LIMITED (REGISTERED NUMBER: 07768092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 244,774
Additions 33,650
At 31 December 2024 278,424
DEPRECIATION
At 1 January 2024 131,902
Charge for year 34,720
At 31 December 2024 166,622
NET BOOK VALUE
At 31 December 2024 111,802
At 31 December 2023 112,872

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2024
and 31 December 2024 25,495
DEPRECIATION
At 1 January 2024 10,612
Charge for year 2,602
At 31 December 2024 13,214
NET BOOK VALUE
At 31 December 2024 12,281
At 31 December 2023 14,883

Page 4