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REGISTERED NUMBER: 02702992 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

FLEET & DISTRIBUTION MANAGEMENT LIMITED

FLEET & DISTRIBUTION MANAGEMENT LIMITED (REGISTERED NUMBER: 02702992)

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 |

FLEET & DISTRIBUTION MANAGEMENT LIMITED

Company Information

for the year ended 31 March 2026

| DIRECTORS: | T E Ponzi

| A K Ford

| J McElligott

| SECRETARY: | T E Ponzi

| REGISTERED OFFICE: | Unit 1, Oakfield Industrial Estate

| Stanton Harcourt Road

| Eynsham

| Oxfordshire

| OX29 4TJ

| REGISTERED NUMBER: | 02702992 (England and Wales)

| ACCOUNTANTS: | Camerons Accountancy Consultants Limited

| Chartered Accountants

| 9 Worton Park

| Cassington

| Witney

| Oxfordshire

| OX29 4SX

FLEET & DISTRIBUTION MANAGEMENT LIMITED (REGISTERED NUMBER: 02702992)

Balance Sheet

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 398,172 |  | 735,891 |  |

CURRENT ASSETS

Debtors | 5 | 91,778 |  | 127,675 |  |

Cash at bank and in hand | 1,935,312 |  | 1,628,272 |  |

2,027,090 |  | 1,755,947 |  |

CREDITORS

Amounts falling due within one year | 6 | 212,320 |  | 252,832 |  |

NET CURRENT ASSETS | 1,814,770 |  | 1,503,115 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,212,942 |  | 2,239,006 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (150,000 | ) | (200,000 | ) |

PROVISIONS FOR LIABILITIES | (47,544 | ) | (77,207 | ) |

NET ASSETS | 2,015,398 |  | 1,961,799 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 2 |  | 2 |  |

Retained earnings | 10 | 2,015,396 |  | 1,961,797 |  |

SHAREHOLDERS' FUNDS | 2,015,398 |  | 1,961,799 |  |

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.

FLEET & DISTRIBUTION MANAGEMENT LIMITED (REGISTERED NUMBER: 02702992)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

J McElligott - Director

T E Ponzi - Director

FLEET & DISTRIBUTION MANAGEMENT LIMITED (REGISTERED NUMBER: 02702992)

Notes to the Financial Statements

for the year ended 31 March 2026

1. | STATUTORY INFORMATION

| Fleet & Distribution Management 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.

| The financial statements have been prepared on the going concern basis as the directors consider that sufficient working capital will be available to maintain the current level of trading.

| Turnover

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

| Turnover from vehicle contract hire is recognised in the profit and loss statement in the period for which the hire relates.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings - 33% on cost

| Motor vehicles - 20% on cost

| Vehicles purchased on or after 1st April 2016 are depreciated to a residual value of 20% of the cost on a straight line basis over their expected economic life of 5 years.

| 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.

FLEET & DISTRIBUTION MANAGEMENT LIMITED (REGISTERED NUMBER: 02702992)

Notes to the Financial Statements - continued

for the year ended 31 March 2026

2. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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 4 (2025 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 3,613 |  | 1,918,751 |  | 1,922,364 |  |

| Disposals | - |  | (654,993 | ) | (654,993 | ) |

| At 31 March 2026 | 3,613 |  | 1,263,758 |  | 1,267,371 |  |

| DEPRECIATION

| At 1 April 2025 | 3,613 |  | 1,182,860 |  | 1,186,473 |  |

| Charge for year | - |  | 143,365 |  | 143,365 |  |

| Eliminated on disposal | - |  | (460,639 | ) | (460,639 | ) |

| At 31 March 2026 | 3,613 |  | 865,586 |  | 869,199 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  | 398,172 |  | 398,172 |  |

| At 31 March 2025 | - |  | 735,891 |  | 735,891 |  |

5. | DEBTORS

2026 | 2025 |

£ | £ |

| Trade debtors | 91,778 |  | 118,220 |  |

| Other debtors | - |  | 9,455 |  |

91,778 |  | 127,675 |  |

FLEET & DISTRIBUTION MANAGEMENT LIMITED (REGISTERED NUMBER: 02702992)

Notes to the Financial Statements - continued

for the year ended 31 March 2026

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

2026 | 2025 |

£ | £ |

| Trade creditors | 86,696 |  | 66,058 |  |

| Taxation and social security | 69,169 |  | 56,697 |  |

| Other creditors | 56,455 |  | 130,077 |  |

212,320 |  | 252,832 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans | 150,000 |  | 200,000 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2026 | 2025 |

£ | £ |

| Within one year | 37,820 |  | 37,820 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 2 | Ordinary | £1 | 2 |  | 2 |  |

10. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2025 | 1,961,797 |  |

| Profit for the year | 53,599 |  |

| At 31 March 2026 | 2,015,396 |  |

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is the Daante SLP Fund