REGISTERED NUMBER: 09691590 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

FLEET ASSESS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C A Helm F.C.C.A.

N H Whiteoak

REGISTERED OFFICE:

Barons Way

Great Harwood

Lancashire

BB6 7DL

REGISTERED NUMBER:

09691590 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Tangible assets

4

5,021,425

4,890,665

CURRENT ASSETS

Stocks

10,800

-

Debtors

5

535,267

752,983

Cash at bank and in hand

419,633

542,884

965,700

1,295,867

CREDITORS

Amounts falling due within one year

6

1,377,016

1,791,583

NET CURRENT LIABILITIES

(411,316

)

(495,716

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,610,109

4,394,949

CREDITORS

Amounts falling due after more than one year

7

(2,299,180

)

(2,446,030

)

PROVISIONS FOR LIABILITIES

(615,232

)

(512,788

)

NET ASSETS

1,695,697

1,436,131

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,694,697

1,435,131

SHAREHOLDERS' FUNDS

1,695,697

1,436,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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.

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 Board of Directors and authorised for issue on 15 April 2026 and were signed on its behalf by:

N H Whiteoak - Director

Mrs C A Helm F.C.C.A. - Director

1.	STATUTORY INFORMATION

Fleet Assess 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

in accordance with the property

Trailers

-

W/down over 15 years to residual value

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Plant and Tools

-

20% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

Trailers

fittings

£

£

£

COST

At 1 September 2024

57,080

6,441,887

53,630

Additions

-

844,422

4,757

Disposals

-

(195,253

)

(9,291

)

At 31 August 2025

57,080

7,091,056

49,096

DEPRECIATION

At 1 September 2024

44,224

1,767,233

21,804

Charge for year

12,856

558,984

7,506

Eliminated on disposal

-

(106,108

)

(7,407

)

At 31 August 2025

57,080

2,220,109

21,903

NET BOOK VALUE

At 31 August 2025

-

4,870,947

27,193

At 31 August 2024

12,856

4,674,654

31,826

Motor

Plant and

vehicles

Tools

Totals

£

£

£

COST

At 1 September 2024

266,199

33,891

6,852,687

Additions

-

650

849,829

Disposals

-

(8,696

)

(213,240

)

At 31 August 2025

266,199

25,845

7,489,276

DEPRECIATION

At 1 September 2024

109,047

19,714

1,962,022

Charge for year

43,294

2,686

625,326

Eliminated on disposal

-

(5,982

)

(119,497

)

At 31 August 2025

152,341

16,418

2,467,851

NET BOOK VALUE

At 31 August 2025

113,858

9,427

5,021,425

At 31 August 2024

157,152

14,177

4,890,665

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

Trailers

vehicles

Totals

£

£

£

COST

At 1 September 2024

5,851,959

183,834

6,035,793

Additions

779,665

-

779,665

Disposals

(128,304

)

-

(128,304

)

Transfer to ownership

(550,072

)

(56,995

)

(607,067

)

At 31 August 2025

5,953,248

126,839

6,080,087

DEPRECIATION

At 1 September 2024

1,483,768

47,642

1,531,410

Charge for year

499,235

31,709

530,944

Eliminated on disposal

(62,830

)

-

(62,830

)

Transfer to ownership

(287,571

)

(31,614

)

(319,185

)

At 31 August 2025

1,632,602

47,737

1,680,339

NET BOOK VALUE

At 31 August 2025

4,320,646

79,102

4,399,748

At 31 August 2024

4,368,191

136,192

4,504,383

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade debtors

432,300

599,467

Other debtors

102,967

153,516

535,267

752,983

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans and overdrafts

37,245

5,250

Hire purchase contracts

781,772

849,056

Trade creditors

175,972

366,104

Taxation and social security

89,661

138,824

Other creditors

292,366

432,349

1,377,016

1,791,583

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans

22,117

27,783

Hire purchase contracts

2,277,063

2,418,247

2,299,180

2,446,030

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

6,783

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31/8/25

31/8/24

£

£

Mrs C A Helm F.C.C.A.

Balance outstanding at start of year

2,507

3,000

Amounts advanced

313

7

Amounts repaid

(1,600

)

(500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,220

2,507

N H Whiteoak

Balance outstanding at start of year

37,235

8,969

Amounts advanced

20,551

28,766

Amounts repaid

(1,600

)

(500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

56,186

37,235