REGISTERED NUMBER: 03812686

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MTHL FLEET SERVICES TRUCK & TRAILER

ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M.R. West

Mrs T West

SECRETARY:

Mrs T West

REGISTERED OFFICE:

6

Merling Close

Chessington

Surrey

KT9 2GB

REGISTERED NUMBER:

03812686

ACCOUNTANTS:

TaxAgility Limited

1st Floor

Isabella House

12 Union Court

Richmond upon Thames

London

TW9 1AA

FIXED ASSETS

Property, plant and equipment

4

3,461,698

2,844,947

CURRENT ASSETS

Debtors

5

1,745,812

1,264,001

Cash at bank

1,488,220

1,223,160

3,234,032

2,487,161

CREDITORS

Amounts falling due within one year

6

(1,237,496

)

(875,366

)

NET CURRENT ASSETS

1,996,536

1,611,795

TOTAL ASSETS LESS CURRENT LIABILITIES

5,458,234

4,456,742

CREDITORS

Amounts falling due after more than one year

7

(2,981,925

)

(2,414,843

)

PROVISIONS FOR LIABILITIES

(865,425

)

-

NET ASSETS

1,610,884

2,041,899

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8

1,610,882

2,041,897

SHAREHOLDERS' FUNDS

1,610,884

2,041,899

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 26 November 2025 and were signed on its behalf by:

Mrs T West - Director

1.	STATUTORY INFORMATION

MTHL Fleet Services Truck & Trailer Engineering Limited is a private company, limited by shares , registered in Not specified/Other. 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

Revenue 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

38,078

4,293,148

4,331,226

Additions

-

1,839,600

1,839,600

Disposals

-

(110,498

)

(110,498

)

At 31 March 2025

38,078

6,022,250

6,060,328

DEPRECIATION

At 1 April 2024

37,719

1,448,560

1,486,279

Charge for year

89

1,147,865

1,147,954

Eliminated on disposal

-

(35,603

)

(35,603

)

At 31 March 2025

37,808

2,560,822

2,598,630

NET BOOK VALUE

At 31 March 2025

270

3,461,428

3,461,698

At 31 March 2024

359

2,844,588

2,844,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

699,559

563,971

Other debtors

1,046,253

700,030

1,745,812

1,264,001

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

4,340

62,854

Taxation and social security

233,202

130,494

Other creditors

999,954

682,018

1,237,496

875,366

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

2,981,925

2,414,843

8.

RESERVES

Retained

earnings

£

At 1 April 2024

2,041,897

Profit for the year

281,222

Dividends

(1,000

)

PYA - reserve adjustment

(711,237

)

At 31 March 2025

1,610,882

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs T West

Balance outstanding at start of year

-

-

Amounts repaid

(500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(500

)

-

Mr M.R. West

Balance outstanding at start of year

-

-

Amounts repaid

(500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(500

)

-

10.	RELATED PARTY DISCLOSURES

It is confirmed that the director’s current account is debited with personal transactions and credited with director’s remuneration as well as dividends.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr M R West and Mrs T West, who each own 50% of the share capital of the company.