Registration number: 11909033

FleetGO UK Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

FleetGO UK Ltd

Company Information

Directors

Mr R Van Tiel FleetGO Telematics Ltd

Company secretary

Mr J Beukers

Registered office

Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

FleetGO UK Ltd

(Registration number: 11909033)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	20,597	19,023
Current assets
Stocks	5	7,232	12,283
Debtors	6	46,524	34,495
Cash at bank and in hand		209,027	503,626
		262,783	550,404
Creditors: Amounts falling due within one year	7	(397,956)	(652,722)
Net current liabilities		(135,173)	(102,318)
Net liabilities		(114,576)	(83,295)
Capital and reserves
Called up share capital	8	10,000	10,000
Retained earnings		(124,576)	(93,295)
Shareholders' deficit		(114,576)	(83,295)

For the financial year ending 31 December 2024 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

FleetGO UK Ltd

(Registration number: 11909033)
Balance Sheet as at 31 December 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 October 2025 and signed on its behalf by:
 

Mr R Van Tiel Director

FleetGO UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Summary of disclosure exemptions

The company has taken advantage of the disclosure exemption of 33.1A of FRS 102 from disclosing transactions with group companies..

Going concern

The financial statements have been prepared on a going concern basis. The parent company and group will continue to support the company to ensure liabilities are met as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

FleetGO UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	Straight line over 5 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

FleetGO UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	40,642	40,642
Additions	10,812	10,812
At 31 December 2024	51,454	51,454
Depreciation
At 1 January 2024	21,619	21,619
Charge for the year	9,238	9,238
At 31 December 2024	30,857	30,857
Carrying amount
At 31 December 2024	20,597	20,597
At 31 December 2023	19,023	19,023

5

Stocks

	2024 £	2023 £
Other inventories	7,232	12,283

6

Debtors

Current	2024 £	2023 £
Trade debtors	46,330	34,387
Prepayments	194	108
	46,524	34,495

FleetGO UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Trade creditors		9,797	2,390
Amounts owed to group undertakings and undertakings in which the company has a participating interest		342,260	615,912
Taxation and social security		16,926	13,659
Accruals and deferred income		28,973	20,761
		397,956	652,722

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	10,000	10,000	10,000	10,000

9	Parent and ultimate parent undertaking

The company's immediate parent is FleetGO Telematics Ltd, incorporated in England & Wales.

 The ultimate parent is FleetGO Group Holding BV, incorporated in the Netherlands.