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REGISTERED NUMBER: 14976801 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| FLEET DIRECT SALES LTD |

FLEET DIRECT SALES LTD (REGISTERED NUMBER: 14976801)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

FLEET DIRECT SALES LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | Mrs C W Hughes-Riley

| REGISTERED OFFICE: | Oxford House

| 12-20 Oxford Street

| Newbury

| Berkshire

| RG14 1JB

| REGISTERED NUMBER: | 14976801 (England and Wales)

FLEET DIRECT SALES LTD (REGISTERED NUMBER: 14976801)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 692,367 |  | 4,029 |  |

CURRENT ASSETS

Stocks | 259,895 |  | 40,833 |  |

Debtors | 6 | 451,508 |  | 5,805 |  |

Cash at bank | 60,702 |  | 16,322 |  |

772,105 |  | 62,960 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,055,861 |  | 92,818 |  |

NET CURRENT LIABILITIES | (283,756 | ) | (29,858 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 408,611 |  | (25,829 | ) |

CREDITORS

Amounts falling due after more than one year | 8 | 482,787 |  | - |  |

NET LIABILITIES | (74,176 | ) | (25,829 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 1 |  | 1 |  |

Retained earnings | (74,177 | ) | (25,830 | ) |

SHAREHOLDERS' FUNDS | (74,176 | ) | (25,829 | ) |

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 director acknowledges her 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 director and authorised for issue on 20 March 2026 and were signed by:

Mrs C W Hughes-Riley - Director

FLEET DIRECT SALES LTD (REGISTERED NUMBER: 14976801)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Fleet Direct Sales 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| The director has made loans to the company that are repayable on demand. The director will not demand repayment if it would be financially detrimental to the ongoing trade of the company. The company also relied upon the support of an external creditor. The amounts owing are to which are repayable on demand.

| Due to the ongoing support of the director and the external creditor, the director believes that it is appropriate to prepare the financial statements on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future.

| Turnover

| In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

| 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 | - | 20% on reducing balance

| Computer equipment | - | 25% straight line

| All fixed assets are initially recorded at cost.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

FLEET DIRECT SALES LTD (REGISTERED NUMBER: 14976801)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Operating lease agreements

| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

5. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |  | Computer |

| property |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | - |  | - |  | 4,676 |  | 4,676 |  |

| Additions | 688,638 |  | 1,054 |  | - |  | 689,692 |  |

| At 31 March 2025 | 688,638 |  | 1,054 |  | 4,676 |  | 694,368 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | - |  | 647 |  | 647 |  |

| Charge for year | - |  | 185 |  | 1,169 |  | 1,354 |  |

| At 31 March 2025 | - |  | 185 |  | 1,816 |  | 2,001 |  |

| NET BOOK VALUE

| At 31 March 2025 | 688,638 |  | 869 |  | 2,860 |  | 692,367 |  |

| At 31 March 2024 | - |  | - |  | 4,029 |  | 4,029 |  |

| Included in cost of land and buildings is freehold land of £ 688,638 (2024 - £ 0 ) which is not depreciated.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 418,105 |  | - |  |

| Other debtors | 33,403 |  | 5,805 |  |

451,508 |  | 5,805 |  |

FLEET DIRECT SALES LTD (REGISTERED NUMBER: 14976801)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 43,477 |  | - |  |

| Trade creditors | 771,203 |  | 5,248 |  |

| Taxation and social security | 6,471 |  | 8,303 |  |

| Other creditors | 234,710 |  | 79,267 |  |

1,055,861 |  | 92,818 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 482,787 |  | - |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 526,264 |  | - |  |

| The bank loan is secured by a fixed charge over the company's land. The loan is repayable in monthly instalments over 5 years, with an interest rate of 8% per annum.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |