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Registered number: 00841538
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ANNUAL REPORT AND FINANCIAL STATEMENTS
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FOR THE YEAR ENDED
30 NOVEMBER 2025
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FITZMAURICE CARRIERS LIMITED
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FITZMAURICE CARRIERS LIMITED
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COMPANY INFORMATION
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Chartered Accountants & Statutory Auditor
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FITZMAURICE CARRIERS LIMITED
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CONTENTS
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Statement of financial position
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Notes to the financial statements
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FITZMAURICE CARRIERS LIMITED
REGISTERED NUMBER:00841538
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STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Provisions for liabilities
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Allotted, called up and fully paid share capital
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
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FITZMAURICE CARRIERS LIMITED
REGISTERED NUMBER:00841538
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STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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A.M. Burgess
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K.N. Abrehart
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The notes on pages 3 to 8 form part of these financial statements.
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FITZMAURICE CARRIERS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
Fitzmaurice Carriers Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page. The principal place of business is Avian Way, Salhouse Road, Norwich, Norfolk, NR7 9AJ.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position, performance and cash flows and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors consider it appropriate to adopt the going concern basis in preparing these financial statements.
Revenue is recognised from the haulage, storage and handling facilities provided to retail customers. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue derived from haulage, storage and handling facilities to retail customers is recognised in the period in which the services are provided when all of the following conditions are satisfied:
∙the amount of revenue can be measured reliably;
∙it is probable that the Company will receive the consideration due under the contract;
∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and
∙the costs incurred and the costs to complete the contract can be measured reliably.
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in other creditors as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
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FITZMAURICE CARRIERS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
2.Accounting policies (continued)
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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FITZMAURICE CARRIERS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
2.Accounting policies (continued)
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.
At each reporting date, stocks are assessed for impairment. If stock is 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.
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The average monthly number of employees, including the directors, during the year was 59 (2024 - 55).
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FITZMAURICE CARRIERS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
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Amounts owed by group undertakings
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Amounts owed by related undertakings
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Prepayments and accrued income
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Amounts owed to related undertakings
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Other taxation and social security
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Obligations under finance lease and hire purchase contracts
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Accruals and deferred income
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Barclays Security Trustee Limited holds a fixed and floating charge over the Company's freehold land and buildings and an unlimited cross guarantee given to the other companies with majority common shareholders which comprise the Lenham "Group' in order to secure their banking facilities.
As the guarantee is solely for the purpose of securing banking facilities, no specific timing for any cash outflow can be reasonably estimated.The likelihood and timing of any financial impact are inherently uncertain and contingent on future events, which are currently not anticipatedto result in any material cash outflows.
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FITZMAURICE CARRIERS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
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Creditors: Amounts falling due after more than one year
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Net obligations under finance leases and hire purchase contracts
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Hire purchase and finance leases
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Minimum lease payments under hire purchase fall due as follows:
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A contingent liability exists at the accounting date in respect of an unlimited cross-guarantee and a debenture, secured on all of the company's assets, given to/by specific other companies with common shareholders, being Lenham Garages Limited, Lenham Storage (Midlands) Limited, Lenham Storage (Southern) Limited and Lenham Storage Company Limited in order to secure their banking facilities.
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Related party transactions
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During the year there were transactions with companies in which the parent company's shareholders K. N. Abrehart and D. J. Abrehart, have controlling interests. The Company involved is Lenham Storage Company Limited.
Total sales in the year to Lenham Storage Company amounted to £1,579,821 (2024 - £1,445,988). Total purchases in the year amounted to £265,740 (2024 - £250,033).
Included within amounts owed by related parties is Lenham Storage Company Limited of £351,016 (2024 - £264,798)
Included in amounts owed to related parties is Lenham Storage Company Limited of £6,857 (2024 - £2,343)
The Company has taken advantage of the provisions in FRS 102 not to disclose transactions with its parent company on the grounds that Fitzmaurice Carriers Limited is a 100% subsidiary of Lenham Storage (Midlands) Limited.
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The parent undertaking is Lenham Storage (Midlands) Limited. The directors consider D. J. Abrehart to be the ultimate controlling party.
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FITZMAURICE CARRIERS LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
The auditor's report on the financial statements for the year ended 30 November 2025 was unqualified.
The audit report was signed on 23 April 2026 by Andrew Hookway FCA (Senior statutory auditor) on behalf of Menzies LLP.
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