REGISTERED NUMBER: 05874643 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FM ALLIANCE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A T Hollis

Mrs H M Hollis

REGISTERED OFFICE:

Swan House

Passfield Business Centre

Lynchborough Road, Passfield

Liphook

Hampshire

GU30 7SB

REGISTERED NUMBER:

05874643 (England and Wales)

ACCOUNTANTS:

Traviss & Co Ltd

Chartered Certified Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

FIXED ASSETS

Intangible assets

4

9,000

10,500

Tangible assets

5

10,132

16,286

19,132

26,786

CURRENT ASSETS

Stocks

800

800

Debtors

6

53,494

61,519

Cash at bank

46,220

50,755

100,514

113,074

CREDITORS

Amounts falling due within one year

7

78,730

96,054

NET CURRENT ASSETS

21,784

17,020

TOTAL ASSETS LESS CURRENT LIABILITIES

40,916

43,806

CREDITORS

Amounts falling due after more than one year

8

(26,259

)

(35,726

)

PROVISIONS FOR LIABILITIES

(1,925

)

(3,094

)

NET ASSETS

12,732

4,986

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

12,722

4,976

SHAREHOLDERS' FUNDS

12,732

4,986

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.

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 27 July 2026 and were signed on its behalf by:

A T Hollis - Director

Mrs H M Hollis - Director

1.	STATUTORY INFORMATION

FM Alliance 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Following a restructuring of the Company in 2013 previous impairment provisions have been reversed.

The resultant goodwill is being amortised over 20 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Motor vehicles acquired near the year end are depreciated on a pro rata basis.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 55 (2025 - 60 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

30,000

AMORTISATION

At 1 April 2025

19,500

Charge for year

1,500

At 31 March 2026

21,000

NET BOOK VALUE

At 31 March 2026

9,000

At 31 March 2025

10,500

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

14,116

1,283

39,758

4,738

59,895

DEPRECIATION

At 1 April 2025

14,115

1,282

23,857

4,355

43,609

Charge for year

-

-

5,962

192

6,154

At 31 March 2026

14,115

1,282

29,819

4,547

49,763

NET BOOK VALUE

At 31 March 2026

1

1

9,939

191

10,132

At 31 March 2025

1

1

15,901

383

16,286

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

23,848

DEPRECIATION

At 1 April 2025

7,948

Charge for year

5,962

At 31 March 2026

13,910

NET BOOK VALUE

At 31 March 2026

9,938

At 31 March 2025

15,900

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

33,129

40,551

Other debtors

20,365

20,968

53,494

61,519

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,000

5,000

Hire purchase contracts

3,911

3,384

Trade creditors

2,380

2,356

Other taxation & social

security

31,563

34,395

Other creditors

35,876

50,919

78,730

96,054

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

18,148

23,704

Hire purchase contracts

8,111

12,022

26,259

35,726

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

12,022

15,406

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

A T Hollis and Mrs H M Hollis

Balance outstanding at start of year

15,360

16,909

Amounts advanced

751

-

Amounts repaid

(1,854

)

(1,549

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,257

15,360