Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 10536457 Mr Richard May iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10536457 2024-12-31 10536457 2025-12-31 10536457 2025-01-01 2025-12-31 10536457 frs-core:CurrentFinancialInstruments 2025-12-31 10536457 frs-core:Non-currentFinancialInstruments 2025-12-31 10536457 frs-core:BetweenOneFiveYears 2025-12-31 10536457 frs-core:ComputerEquipment 2025-12-31 10536457 frs-core:ComputerEquipment 2025-01-01 2025-12-31 10536457 frs-core:ComputerEquipment 2024-12-31 10536457 frs-core:MotorVehicles 2025-12-31 10536457 frs-core:MotorVehicles 2025-01-01 2025-12-31 10536457 frs-core:MotorVehicles 2024-12-31 10536457 frs-core:PlantMachinery 2025-12-31 10536457 frs-core:PlantMachinery 2025-01-01 2025-12-31 10536457 frs-core:PlantMachinery 2024-12-31 10536457 frs-core:WithinOneYear 2025-12-31 10536457 frs-core:ShareCapital 2025-12-31 10536457 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 10536457 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10536457 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 10536457 frs-bus:SmallEntities 2025-01-01 2025-12-31 10536457 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10536457 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10536457 frs-bus:Director1 2025-01-01 2025-12-31 10536457 frs-countries:EnglandWales 2025-01-01 2025-12-31 10536457 2023-12-31 10536457 2024-12-31 10536457 2024-01-01 2024-12-31 10536457 frs-core:CurrentFinancialInstruments 2024-12-31 10536457 frs-core:Non-currentFinancialInstruments 2024-12-31 10536457 frs-core:BetweenOneFiveYears 2024-12-31 10536457 frs-core:WithinOneYear 2024-12-31 10536457 frs-core:ShareCapital 2024-12-31 10536457 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 10536457
Fleet Skips Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10536457
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 224,641 248,005
224,641 248,005
CURRENT ASSETS
Debtors 5 65,502 66,226
Cash at bank and in hand 8,636 3,131
74,138 69,357
Creditors: Amounts Falling Due Within One Year 6 (137,364 ) (156,801 )
NET CURRENT ASSETS (LIABILITIES) (63,226 ) (87,444 )
TOTAL ASSETS LESS CURRENT LIABILITIES 161,415 160,561
Creditors: Amounts Falling Due After More Than One Year 7 (45,218 ) (82,495 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,224 ) (37,942 )
NET ASSETS 80,973 40,124
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 80,972 40,123
SHAREHOLDERS' FUNDS 80,973 40,124
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard May
Director
02/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fleet Skips Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10536457 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% on reducing balance
Motor Vehicles 10% on reducing balance
Computer Equipment 10% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 12)
12 12
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 148,837 218,402 452 367,691
Additions 1,600 - - 1,600
As at 31 December 2025 150,437 218,402 452 369,291
Depreciation
As at 1 January 2025 56,041 63,445 200 119,686
Provided during the period 9,442 15,497 25 24,964
As at 31 December 2025 65,483 78,942 225 144,650
Net Book Value
As at 31 December 2025 84,954 139,460 227 224,641
As at 1 January 2025 92,796 154,957 252 248,005
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 40,750 40,250
Other debtors 3,288 3,288
Director's loan account 21,464 22,688
65,502 66,226
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 20,063 26,625
Trade creditors 3,799 3,251
Bank loans and overdrafts 9,172 10,000
Other taxes and social security 2,467 12,745
VAT 13,142 11,479
Net wages 2,978 -
Other creditors 85,743 92,701
137,364 156,801
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 33,218 53,323
Bank loans 12,000 29,172
45,218 82,495
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 20,063 26,625
Later than one year and not later than five years 33,218 53,323
53,281 79,948
53,281 79,948
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
Included in other creditors is an amount of £1,598 (£9,427 in 2022), owed to the company director Mr R May. This loan is interest free and no repayment terms have been agreed.
Page 5