Max Fleetsupport Ltd - Filleted accounts

Registered number

13039416

Max Fleetsupport Ltd

Filleted Accounts

31 March 2025

Max Fleetsupport Ltd
Registered number:		13039416
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£			£	£		£
Fixed assets
Intangible assets	3		22,500			-
Tangible assets	4		162,308			-
			184,808			-

Current assets
Debtors	5	698,025			100
Cash at bank and in hand		38,060			-
		736,085			100

Creditors: amounts falling due within one year	6	(1,339,872)			-

Net current (liabilities)/assets			(603,787)			100

Total assets less current liabilities			(418,979)			100

Creditors: amounts falling due after more than one year	7		(64,308)			-


Net (liabilities)/assets			(483,287)			100

Capital and reserves
Called up share capital	9		100			100
Profit and loss account			(483,387)			-

Shareholder's funds			(483,287)			100

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D T Jones
Director
Approved by the board on 4 December 2025

Max Fleetsupport Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

	Going concern
	The accounts have been prepared on a going concern basis as detailed in note 10 to the accounts.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery		25% reducing balance
	Motor vehicles		25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees				2025		2024
Number						Number

	Average number of persons employed by the company				40		-


3	Intangible fixed assets						£
	Goodwill:

	Cost
	Additions						25,000
	At 31 March 2025						25,000

	Amortisation
	Provided during the year						2,500
	At 31 March 2025						2,500

	Net book value
	At 31 March 2025						22,500

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
			Plant and machinery		Motor vehicles		Total
£				£		£
	Cost
	Additions		53,856		153,449		207,305
	At 31 March 2025		53,856		153,449		207,305

	Depreciation
	Charge for the year		13,464		31,533		44,997
	At 31 March 2025		13,464		31,533		44,997

	Net book value
	At 31 March 2025		40,392		121,916		162,308


5	Debtors				2025		2024
£						£

	Trade debtors (Factored debt £596,269)				607,613		-
	Other debtors				90,412		100
					698,025		100


6	Creditors: amounts falling due within one year				2025		2024
£						£

	Bank loans and overdrafts				17,830		-
	Factoring loan				551,499		-
	Obligations under finance lease and hire purchase contracts				30,088		-
	Trade creditors				370,497		-
	Taxation and social security costs				335,047		-
	Other creditors				34,911		-
					1,339,872		-


7	Creditors: amounts falling due after one year				2025		2024
£						£

	Bank loans				31,944		-
	Obligations under finance lease and hire purchase contracts				32,364		-
					64,308		-


8	Loans				2025		2024
£						£
	Creditors include:

	Secured factoring loan				551,499		-

	The factoring loan is secured by a fixed and floating charge over all assets of the company.


9	Share capital				2025		2024
£						£

	Allotted, called up and fully paid:
	Ordinary shares				100		100


10	Going concern

	The accounts have been prepared on the going concern basis. However, the balance sheet shows the company had net liabilities of £483,287 at 31 March 2025. There is a significant material uncertainty about the ability of the company to continue as a going concern which depends on the willingness of the creditors to provide extended credit.


11	Other information

	Max Fleetsupport Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	28 Stone Street
	Oldbury
	West Midlands
	B69 4JL

	Its registered number is:	13039416