Fosters of Fleet Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04428920 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 March 2026

for

Fosters of Fleet Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr CA Foster

Mrs C A Foster

SECRETARY:

Mr CA Foster

REGISTERED OFFICE:

The Studio

38 Fleet Rd

Fleet

Hampshire

GU51 4PW

REGISTERED NUMBER:

04428920 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Tangible assets

4

2,831

3,570

CURRENT ASSETS

Debtors

5

2,760

27,719

Cash at bank

8,931

1,949

11,691

29,668

CREDITORS

Amounts falling due within one year

6

84,925

92,040

NET CURRENT LIABILITIES

(73,234

)

(62,372

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(70,403

)

(58,802

)

CREDITORS

Amounts falling due after more than one year

7

-

435

NET LIABILITIES

(70,403

)

(59,237

)

CAPITAL AND RESERVES

Called up share capital

8

1,000

Retained earnings

9

(71,403

)

(60,237

)

SHAREHOLDERS' FUNDS

(70,403

)

(59,237

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

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 22 July 2026 and were signed on its behalf by:

Mr CA Foster - Director

1.	STATUTORY INFORMATION

Fosters of Fleet Ltd 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.

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.

Going Concern

The company had net liabilities of £73,234 as at 30 March 2026, primarily arising from amounts due to a related undertaking under common ownership totalling £68,000. The company is therefore dependent upon the continued financial support of this related undertaking. The directors have obtained confirmation that such support will continue for the foreseeable future and, where necessary, is underpinned by the ongoing commitment of the directors.

After considering the company's current financial position, cash flow forecasts and the continued availability of financial support, the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they consider it appropriate to prepare the financial statements on the going concern basis.

Consequently, the financial statements do not include any adjustments that would be required if the company were unable to continue as a going concern.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and is recognised as services are provided. Where invoices are issued which cover a period which extends beyond the year end, the relevant proportion is credited to the income statement for the period and the amount in advance is carried forward in creditors.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Taxation

Taxation represents the sum of tax currently payable, and deferred tax if material.

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, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 31 March 2025

30,666

4,418

46,100

11,171

92,355

Additions

-

676

At 30 March 2026

30,666

4,418

46,100

11,847

93,031

DEPRECIATION

At 31 March 2025

30,666

4,418

46,100

7,601

88,785

Charge for year

-

1,415

At 30 March 2026

30,666

4,418

46,100

9,016

90,200

NET BOOK VALUE

At 30 March 2026

-

2,831

At 30 March 2025

-

3,570

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.26

30.3.25

£

Trade debtors

-

1,500

Other debtors

1,500

7,500

Prepayments and accrued income

-

18,630

Prepayments

1,260

89

2,760

27,719

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.26

30.3.25

£

Bank loans and overdrafts

525

3,240

Trade creditors

6,851

6,669

Corporation tax

20

VAT

4,158

2,590

Other creditors

68,000

76,000

Directors' current accounts

3,301

1,551

Accrued expenses

2,070

1,970

84,925

92,040

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.3.26

30.3.25

£

Bank loans

-

435

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.3.26

30.3.25

value:

£

1,000

Ordinary

£1

1,000

9.

RESERVES

Retained

earnings

£

At 31 March 2025

(60,237

)

Deficit for the year

(11,166

)

At 30 March 2026

(71,403

)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 March 2026 and 30 March 2025:

30.3.26

30.3.25

£

Mr CA Foster

Balance outstanding at start of year

1,551

(988

)

Amounts advanced

1,750

2,539

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,301

1,551