MDel Fleet Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12171595

MDel Fleet Management Limited

Filleted Unaudited Financial Statements

31 March 2026

MDel Fleet Management Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

MDel Fleet Management Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of MDel Fleet Management Limited

Year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of MDel Fleet Management Limited for the year ended 31 March 2026, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of MDel Fleet Management Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of MDel Fleet Management Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MDel Fleet Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that MDel Fleet Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of MDel Fleet Management Limited. You consider that MDel Fleet Management Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of MDel Fleet Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

14 July 2026

MDel Fleet Management Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	66,512	71,569

Current assets

Debtors	6	373,296	410,666
Cash at bank and in hand		193,574	176,010
		---------	---------
		566,870	586,676

Creditors: amounts falling due within one year	7	400,628	434,671
		---------	---------
Net current assets		166,242	152,005
		---------	---------
Total assets less current liabilities		232,754	223,574

Creditors: amounts falling due after more than one year	8	35,853	47,296
		---------	---------
Net assets		196,901	176,278
		---------	---------

MDel Fleet Management Limited

Statement of Financial Position (continued)

31 March 2026

	2026	2025
Note	£	£

Capital and reserves

Called up share capital	2	2
Profit and loss account	196,899	176,276
	---------	---------
Shareholders funds	196,901	176,278
	---------	---------

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 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 14 July 2026 , and are signed on behalf of the board by:

M Cuckson	Mrs H Cuckson
Director	Director

Company registration number: 12171595

MDel Fleet Management Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Whittington Way, Old Whittington, Chesterfield, S41 9AG.

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 and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. In the opinion of management, there are no judgements or key sources of estimation uncertainty that have a significant impact on the financial statements, other than those stated below.

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 amount of current 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.

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:

Plant and machinery	-	25% straight line
Motor vehicles	-	20% reducing balance

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.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 13 (2025: 10 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2025	16,658	72,232	88,890
Additions	12,386	662	13,048
	--------	--------	---------
At 31 March 2026	29,044	72,894	101,938
	--------	--------	---------
Depreciation
At 1 April 2025	5,356	11,965	17,321
Charge for the year	5,958	12,147	18,105
	--------	--------	---------
At 31 March 2026	11,314	24,112	35,426
	--------	--------	---------
Carrying amount
At 31 March 2026	17,730	48,782	66,512
	--------	--------	---------
At 31 March 2025	11,302	60,267	71,569
	--------	--------	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 March 2026	48,207
	--------
At 31 March 2025	60,267
	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	362,926	410,438
Other debtors	10,370	228
	---------	---------
	373,296	410,666
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	254,561	274,809
Corporation tax	33,661	38,000
Social security and other taxes	38,447	37,126
Other creditors	73,959	84,736
	---------	---------
	400,628	434,671
	---------	---------

Included within other creditors are amounts due in respect of hire purchase agreements, secured against the assets to which they relate, in the sum of £11,444 (2025: £9,608).

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	35,853	47,296
	--------	--------

Included within other creditors are amounts due in respect of hire purchase agreements, secured against the assets to which they relate, in the sum of £35,853 (2025: £47,296).