REGISTERED NUMBER: 06876274 (England and Wales)

FLEET ARCHITECTS LTD

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Directors:

Mr J R Bishop

Mr R C J Henson

Registered office:

Artisans House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

Registered number:

06876274 (England and Wales)

Accountants:

Cobley Desborough

Chartered Certified Accountants

Chartered Tax Advisers

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

FIXED ASSETS

Tangible assets

4

1,146,415

1,124,082

Investments

5

20

20

1,146,435

1,124,102

CURRENT ASSETS

Debtors

6

295,558

401,574

Cash at bank

234,807

35,251

530,365

436,825

CREDITORS

Amounts falling due within one year

7

517,044

396,800

NET CURRENT ASSETS

13,321

40,025

TOTAL ASSETS LESS CURRENT LIABILITIES

1,159,756

1,164,127

CREDITORS

Amounts falling due after more than one year

8

(67,081

)

(382,366

)

PROVISIONS FOR LIABILITIES

(9,116

)

(3,533

)

NET ASSETS

1,083,559

778,228

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,083,459

778,128

SHAREHOLDERS' FUNDS

1,083,559

778,228

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

Mr J R Bishop - Director

1.	STATUTORY INFORMATION

Fleet Architects Ltd 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.

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 on land and in accordance with the property

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

1,109,953

9,204

33,109

1,152,266

Additions

-

29,196

5,404

34,600

At 31 March 2025

1,109,953

38,400

38,513

1,186,866

Depreciation

At 1 April 2024

-

8,612

19,572

28,184

Charge for year

-

4,688

7,579

12,267

At 31 March 2025

-

13,300

27,151

40,451

Net book value

At 31 March 2025

1,109,953

25,100

11,362

1,146,415

At 31 March 2024

1,109,953

592

13,537

1,124,082

5.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in joint

undertakings

venture

Totals

£

£

£

Cost

At 1 April 2024

and 31 March 2025

10

10

20

Net book value

At 31 March 2025

10

10

20

At 31 March 2024

10

10

20

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

257,609

317,587

Amounts owed by group undertakings

-

71,771

Other debtors

37,949

12,216

295,558

401,574

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

84,903

84,903

Trade creditors

65,202

70,647

Amounts owed to group undertakings

14,391

-

Taxation and social security

309,298

186,943

Other creditors

43,250

54,307

517,044

396,800

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

67,081

152,366

Other creditors

-

230,000

67,081

382,366

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

-

230,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

126,389

206,636

Bank loans includes a secured loan of £126,389 from Kent County Council (2024 £206,636)