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COMPANY REGISTRATION NUMBER: 10028591

Fleet Imports Limited

Filleted Unaudited Financial Statements

31 July 2025

Fleet Imports Limited

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 4 | 28,485 | 37,980

Current assets

Stocks | 4,450 | –
Debtors | 5 | 6,051 | 40,127
Cash at bank and in hand | 24,985 | 45,934
| -------- | --------
| 35,486 | 86,061

Creditors: amounts falling due within one year | 6 | 109,668 | 109,639
| --------- | ---------
Net current liabilities | 74,182 | 23,578
| -------- | --------
Total assets less current liabilities | ( 45,697) | 14,402
| -------- | --------
Net (liabilities)/assets | ( 45,697) | 14,402
| -------- | --------

Capital and reserves

Called up share capital | 1 | 1
Profit and loss account | ( 45,698) | 14,401
| -------- | --------
Shareholders (deficit)/funds | ( 45,697) | 14,402
| -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Fleet Imports Limited

Statement of Financial Position (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 12 March 2026 , and are signed on behalf of the board by:

Mr S Bonham |
Director |

Company registration number: 10028591

Fleet Imports Limited

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Allerton Road, Central Park, Rugby, Warwickshire, CV23 0PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The companies liabilities exceed its assets as at the year end. The directors have stated that they will continue to support the company and therefore the company will continue on a going concern basis.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Motor vehicles | - | 25% reducing balance
| Equipment | - | 33% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
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.
4. Tangible assets

| Motor vehicles | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 August 2024 and 31 July 2025 | 37,980 | 6,985 | 44,965
| -------- | ------- | --------
Depreciation |  |  |
At 1 August 2024 | – | 6,985 | 6,985
Charge for the year | 9,495 | – | 9,495
| -------- | ------- | --------
At 31 July 2025 | 9,495 | 6,985 | 16,480
| -------- | ------- | --------
Carrying amount |  |  |
At 31 July 2025 | 28,485 | – | 28,485
| -------- | ------- | --------
At 31 July 2024 | 37,980 | – | 37,980
| -------- | ------- | --------

5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 2,470 | 20,485
Other debtors | 3,581 | 19,642
| ------- | --------
| 6,051 | 40,127
| ------- | --------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 106,064 | 105,444
Other creditors | 3,604 | 4,195
| --------- | ---------
| 109,668 | 109,639
| --------- | ---------