Humberside Vehicle Maintenance Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01250686

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		194,212		231,927

			194,212		231,927
CURRENT ASSETS
Stocks	5	12,993		10,853
Debtors	6	120,139		102,757
Cash at bank and in hand		96		28

		133,228		113,638
Creditors: Amounts Falling Due Within One Year	7	(216,068 )		(198,326 )

NET CURRENT ASSETS (LIABILITIES)			(82,840 )		(84,688 )

TOTAL ASSETS LESS CURRENT LIABILITIES			111,372		147,239

Creditors: Amounts Falling Due After More Than One Year	8		(3,007 )		(23,558 )

NET ASSETS			108,365		123,681

CAPITAL AND RESERVES
Called up share capital			1,000		1,000
Profit and Loss Account			107,365		122,681

SHAREHOLDERS' FUNDS			108,365		123,681

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Humberside Vehicle Maintenance Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

S Smith

Director

31/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Humberside Vehicle Maintenance Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01250686 . The registered office is 61-65 Lister Street, Hull, HU1 2RZ.

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. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. 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:

Freehold	4% Straight line
Plant & Machinery	25% Straight line
Motor Vehicles	25% Straight line
Fixtures & Fittings	12.5% straight line

2.5. 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 profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 8)

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Humberside Vehicle Maintenance Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 March 2025	173,392	71,215	519,138	25,418	789,163
Additions	-	12,938	44,926	-	57,864
Disposals	-	-	(117,438 )	-	(117,438 )

As at 28 February 2026	173,392	84,153	446,626	25,418	729,589

Depreciation
As at 1 March 2025	128,746	70,085	334,697	23,708	557,236
Provided during the period	1,281	2,625	82,459	352	86,717
Disposals	-	-	(108,576 )	-	(108,576 )

As at 28 February 2026	130,027	72,710	308,580	24,060	535,377

Net Book Value
As at 28 February 2026	43,365	11,443	138,046	1,358	194,212

As at 1 March 2025	44,646	1,130	184,441	1,710	231,927

5. Stocks

	2026	2025
	£	£
Stock	12,993	10,853

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	111,767	92,050
Other debtors	8,372	10,707

	120,139	102,757

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	30,297	19,778
Trade creditors	54,265	72,878
Bank loans and overdrafts	93,450	78,130
VAT	15,556	-
Other creditors	-	21,540
Accruals and deferred income	5,000	6,000
Directors' loan accounts	17,500	-

	216,068	198,326

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Humberside Vehicle Maintenance Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	3,007	19,149
Bank loans	-	4,409

	3,007	23,558

HSBC have security over all monies due or to become due from the company whatsoever with security against all of the property of the company present and future.

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	30,297	19,778
Later than one year and not later than five years	3,007	19,149

	33,304	38,927

	33,304	38,927

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