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COMPANY REGISTRATION NUMBER: 06539035

Dockland Fleet Hire Limited

Filleted Unaudited Financial Statements

31 May 2025

Dockland Fleet Hire Limited

Statement of Financial Position

31 May 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 1,706,587 | 2,194,764

Current assets

Debtors | 6 | 126,176 |  | 293,606
Cash at bank and in hand | 194,889 |  | 57,304
| --------- |  | ---------
| 321,065 |  | 350,910

Creditors: amounts falling due within one year | 7 | 540,138 |  | 1,170,260
| --------- |  | ------------
Net current liabilities |  | 219,073 | 819,350
|  | ------------ | ------------
Total assets less current liabilities |  | 1,487,514 | 1,375,414

Creditors: amounts falling due after more than one year | 8 |  | 111,381 | 144,686

Provisions |  | 406,962 | 525,056
|  | ------------ | ------------
Net assets |  | 969,171 | 705,672
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | 969,169 | 705,670
|  | --------- | ---------
Shareholders funds |  | 969,171 | 705,672
|  | --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Dockland Fleet Hire Limited

Statement of Financial Position (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 4 November 2025 , and are signed on behalf of the board by:

Mr R Morgan
Director

Company registration number: 06539035

Dockland Fleet Hire Limited

Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Grove House, 64 Ongar Road, Abridge, Essex, RM4 1UJ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key estimates and assumptions that have a significant impact on the amounts recognised in the financial statements are set out below. The company exercises judgement to determine useful lives of tangible assets. All tangible and fixed assets are depreciated over their estimated useful lives.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% reducing balance
| Motor vehicles | - | 25% reducing balance
| Equipment | - | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
5. Tangible assets

| Plant and machinery | Motor vehicles | Equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 June 2024 | 37,299 | 3,726,509 | 4,883 | 3,768,691
Additions | – | 184,694 | – | 184,694
Disposals | – | ( 372,856) | – | ( 372,856)
| -------- | ------------ | ------- | ------------
At 31 May 2025 | 37,299 | 3,538,347 | 4,883 | 3,580,529
| -------- | ------------ | ------- | ------------
Depreciation |  |  |  |
At 1 June 2024 | 33,543 | 1,536,414 | 3,970 | 1,573,927
Charge for the year | 939 | 562,525 | 229 | 563,693
Disposals | – | ( 263,678) | – | ( 263,678)
| -------- | ------------ | ------- | ------------
At 31 May 2025 | 34,482 | 1,835,261 | 4,199 | 1,873,942
| -------- | ------------ | ------- | ------------
Carrying amount |  |  |  |
At 31 May 2025 | 2,817 | 1,703,086 | 684 | 1,706,587
| -------- | ------------ | ------- | ------------
At 31 May 2024 | 3,756 | 2,190,095 | 913 | 2,194,764
| -------- | ------------ | ------- | ------------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 125,469 | 242,921
Other debtors | 707 | 50,685
| --------- | ---------
| 126,176 | 293,606
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 10,289 | 10,035
Trade creditors | 69,864 | 48,775
Social security and other taxes | 39,701 | 37,905
Other creditors | 420,284 | 1,073,545
| --------- | ------------
| 540,138 | 1,170,260
| --------- | ------------

Included in creditors falling due within one year are obligations under finance leases and hire purchase contracts £187,189(2024-£742,860), which are secured by the assets purchased under these contracts.
8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 8,773 | 19,062
Other creditors | 102,608 | 125,624
| --------- | ---------
| 111,381 | 144,686
| --------- | ---------

Included in creditors falling due after more than one year are obligations under finance leases and hire purchase contracts £102,608 (2024-£125,624), which are secured by the assets purchased under these contracts.
Included in creditors amounts falling due after more than one year is the Bounce Back Loan of £8,773 (2024: £19,062). The interest rate is fixed at 2.5% per annum.
9. Related party transactions
Included in creditors due within one is a loan of £227,405 (2024: £325,605) due to the directors. This loan is interest-free and has no fixed repayment term.