IRIS Accounts Production v25.4.12.37 07573712 Board of Directors 1.4.25 31.3.26 31.3.26 false true false false false true false Ordinary shares 0.01000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07573712 2025-03-31 07573712 2026-03-31 07573712 2025-04-01 2026-03-31 07573712 2024-03-31 07573712 2024-04-01 2025-03-31 07573712 2025-03-31 07573712 ns15:EnglandWales 2025-04-01 2026-03-31 07573712 ns14:PoundSterling 2025-04-01 2026-03-31 07573712 ns10:Director1 2025-04-01 2026-03-31 07573712 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 07573712 ns10:SmallEntities 2025-04-01 2026-03-31 07573712 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 07573712 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 07573712 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 07573712 ns10:FullAccounts 2025-04-01 2026-03-31 07573712 1 2025-04-01 2026-03-31 07573712 ns10:OrdinaryShareClass1 2025-04-01 2026-03-31 07573712 ns10:Director2 2025-04-01 2026-03-31 07573712 ns10:Director3 2025-04-01 2026-03-31 07573712 ns10:RegisteredOffice 2025-04-01 2026-03-31 07573712 ns5:CurrentFinancialInstruments 2026-03-31 07573712 ns5:CurrentFinancialInstruments 2025-03-31 07573712 ns5:ShareCapital 2026-03-31 07573712 ns5:ShareCapital 2025-03-31 07573712 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 07573712 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 07573712 ns5:NetGoodwill 2025-04-01 2026-03-31 07573712 ns5:NetGoodwill 2025-03-31 07573712 ns5:NetGoodwill 2026-03-31 07573712 ns5:NetGoodwill 2025-03-31 07573712 ns5:PlantMachinery 2025-03-31 07573712 ns5:ComputerEquipment 2025-03-31 07573712 ns5:PlantMachinery 2025-04-01 2026-03-31 07573712 ns5:ComputerEquipment 2025-04-01 2026-03-31 07573712 ns5:PlantMachinery 2026-03-31 07573712 ns5:ComputerEquipment 2026-03-31 07573712 ns5:PlantMachinery 2025-03-31 07573712 ns5:ComputerEquipment 2025-03-31 07573712 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 07573712 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 07573712 ns5:CurrentFinancialInstruments 2025-04-01 2026-03-31 07573712 ns5:DeferredTaxation 2025-03-31 07573712 ns5:OtherProvisionsContingentLiabilities 2025-03-31 07573712 ns5:DeferredTaxation 2025-04-01 2026-03-31 07573712 ns5:OtherProvisionsContingentLiabilities 2025-04-01 2026-03-31 07573712 ns5:DeferredTaxation 2026-03-31 07573712 ns5:OtherProvisionsContingentLiabilities 2026-03-31 07573712 ns10:OrdinaryShareClass1 2026-03-31

REGISTERED NUMBER: 07573712 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MAINSTREAM FLEET SERVICES LIMITED

TRADING AS

MAINSTREAM STAFF SUPPLIES

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

MAINSTREAM FLEET SERVICES LIMITED

TRADING AS MAINSTREAM STAFF SUPPLIES

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | Mark Peter Smith FCA

| Mark Graham Smith

| Robert Andrew Coleman

| REGISTERED OFFICE: | 4 Kings Row

| Armstrong Road

| Maidstone

| Kent

| ME15 6AQ

| REGISTERED NUMBER: | 07573712 (England and Wales)

| ACCOUNTANTS: | Xeinadin Isle of Wight

| 1 Langley Court

| Pyle Street

| Newport

| Isle of Wight

| PO30 1LA

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

BALANCE SHEET

31 MARCH 2026

2026 | 2025 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | - |  | 5,160 |  |

Tangible assets | 5 | 775 |  | 517 |  |

775 |  | 5,677 |  |

CURRENT ASSETS

Debtors | 6 | 341,001 |  | 438,248 |  |

Cash at bank and in hand | 116,105 |  | 47,827 |  |

457,106 |  | 486,075 |  |

CREDITORS

Amounts falling due within one year | 7 | 221,851 |  | 273,614 |  |

NET CURRENT ASSETS | 235,255 |  | 212,461 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 236,030 |  | 218,138 |  |

PROVISIONS FOR LIABILITIES | 8 | 23,347 |  | 23,212 |  |

NET ASSETS | 212,683 |  | 194,926 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 216 |  | 216 |  |

Retained earnings | 212,467 |  | 194,710 |  |

SHAREHOLDERS' FUNDS | 212,683 |  | 194,926 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

BALANCE SHEET - continued

31 MARCH 2026

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2026 and were signed on its behalf by:

Mark Peter Smith FCA - Director

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Mainstream Fleet Services Limited 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. | 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

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Revenue for provision of services is recognised when it is probable that an economic benefit will flow to the entity and that the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured using a percentage of completion method.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

| Each tangible fixed asset is written off on a straight-line basis over its estimated useful economic life as determined by the directors.

| 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.

| Drivers negligence provision

| The company makes a provision for the aggregate expected amount of the cost of small vehicle repair claims caused by driver negligence which the company would rather incur the cost of the repair than claim against insurance. This is maintained based on claims made in prior years.

| Dividends

| Interim dividends are recognised on payment.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2025 - 3 ) .

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

4. | INTANGIBLE FIXED ASSETS

Goodwill |

| £

| COST

| At 1 April 2025

| and 31 March 2026 | 51,702 |  |

| AMORTISATION

| At 1 April 2025 | 46,542 |  |

| Charge for year | 5,160 |  |

| At 31 March 2026 | 51,702 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  |

| At 31 March 2025 | 5,160 |  |

| Goodwill relates to the acquisition of the assets of a recruitment business acquired in October 2021, this was amortised equally over 5 years and is now fully written down.

5. | TANGIBLE FIXED ASSETS

Plant and | Computer |

machinery | equipment | Totals |

| £ | £ | £

| COST

| At 1 April 2025 | 15,143 |  | - |  | 15,143 |  |

| Additions | 4,418 |  | 1,050 |  | 5,468 |  |

| Disposals | (4,918 | ) | - |  | (4,918 | ) |

| At 31 March 2026 | 14,643 |  | 1,050 |  | 15,693 |  |

| DEPRECIATION

| At 1 April 2025 | 14,626 |  | - |  | 14,626 |  |

| Charge for year | 17 |  | 275 |  | 292 |  |

| At 31 March 2026 | 14,643 |  | 275 |  | 14,918 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  | 775 |  | 775 |  |

| At 31 March 2025 | 517 |  | - |  | 517 |  |

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

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

2026 | 2025 |

| £ | £

| Trade debtors | 317,436 |  | 421,069 |  |

| Other debtors | 16,220 |  | 10,372 |  |

| Deferred tax asset | - |  | 975 |  |

| Prepayments | 7,345 |  | 5,832 |  |

341,001 |  | 438,248 |  |

| Other debtors consists of accrued income of £16,220 (2025: £10,372).

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

2026 | 2025 |

| £ | £

| Trade creditors | 30,918 |  | 48,896 |  |

| Tax | 8,481 |  | 24,187 |  |

| Social security and other taxes | 37,031 |  | 35,280 |  |

| VAT | 105,314 |  | 116,206 |  |

| Other creditors | 35,407 |  | 38,293 |  |

| Accrued expenses | 4,700 |  | 10,752 |  |

221,851 |  | 273,614 |  |

| Trade creditors consists entirely of net wages payable to temporary workers in respect of the weekly payroll falling payable on the first Friday following the year-end date, plus a pro-rata provision of net wages relating to the payroll week which straddled the year-end date, this falls payable on the second Friday following the year-end.

| Other creditors consists of auto-enrolment pension contributions of £1,906 (2025: £3,119) and a provision for accrued holiday pay of £33,501 (2025: £35,174).

8. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

| £ | £

| Deferred tax

| Deferred tax | 147 |  | - |  |

| Other provisions | 23,200 |  | 23,212 |  |

| Aggregate amounts | 23,347 |  | 23,212 |  |

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

8. | PROVISIONS FOR LIABILITIES - continued

Drivers |

Deferred | negligence |

tax | provision |

| £ | £

| Balance at 1 April 2025 | (975 | ) | 23,212 |  |

| Provided during year | 147 |  | - |  |

| Charge to Profit and Loss Account during year | 975 |  | - |  |

| Utilised during year | - |  | (12 | ) |

| Balance at 31 March 2026 | 147 |  | 23,200 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

value: |  | £ | £

| 21,575 | Ordinary shares | 0.01 | 216 |  | 216 |  |

| Prior to 30th July 2025 the company's share capital consisted of 10,000 Ordinary shares of one pence each and 11,575 Ordinary B shares of one pence each.

| On 30th July 2025, the 10,000 Ordinary shares of one pence each were converted to 4,000 Ordinary B shares of one pence each, 4,000 Ordinary C shares of one pence each and 2,000 Ordinary D shares of one pence each.

| On 30th July 2025, 6,975 of the Ordinary B shares of one pence each were converted to 4,630 Ordinary C shares of one pence each and 2,315 Ordinary D shares of one pence each.

| The company's share capital with effect from 25th July 2025. consists of 8,630 Ordinary B shares of one pence each, 8,630 Ordinary C shares of one pence each and 4,315 Ordinary D shares of one pence each. The Ordinary B shares carry one-and-a-half votes each, the Ordinary C and Ordinary D shares carry one vote each.

MAINSTREAM FLEET SERVICES LIMITED (REGISTERED NUMBER: 07573712)

TRADING AS MAINSTREAM STAFF SUPPLIES

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

10. | RELATED PARTY DISCLOSURES

| Mainstream Training Limited, a company in which Mark P Smith and Mark G Smith, are directors is the head lessee of the company's office premises and was paid £18,360 for rent and utilities during the year (2025: £Nil).

| Logikal Outsourcing Limited, a company controlled by Mark P Smith and his spouse Venetia Smith, provided bookkeeping, payroll and management accountancy services to the company and was paid £46,805 during the year (2025: £53,940). These services ceased on 31st March 2026 and are now resourced by the company's own internal finance staff.

| Venrec Group Limited a company in which Robert Coleman is a director, provided the company with additional internal office staff support and was paid £38,808 (2025: £4,925). These services ceased on 30th November 2025, and the company now employs the seconded staff directly.

| Mackenzies Accountants Limited, a company in which Mark P Smith's spouse is a director provides statutory accountancy and taxation services to the company, and was paid £4,700 during the year (2025: £9,525).

| The directors consider that all of the above transactions were made at open market value. there were no balances outstanding at the year end.

11. | ULTIMATE CONTROLLING PARTY

| The company has three corporate shareholders, two of whom each hold 40% of the voting rights, and one holds 20%. Each of the corporate shareholders is controlled by a director of the company. Therefore there is no ultimate controlling party and the company is controlled by the directors acting collectively.