Company No: 10744594 (England and Wales)

Contents

• Company Information
• Directors' Report
• Statement of Income and Retained Earnings
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	H R Seaborn
	G Spinks

SECRETARY

T M West

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

10744594 (England and Wales)

The directors present their annual report and the unaudited financial statements of the company for the financial year ended 31 December 2025.

DIRECTORS

The directors, who served during the financial year and to the date of this report except as noted, were as follows:

H R Seaborn
G Spinks

DIRECTORS' INDEMNITIES

The company has made qualifying third party indemnity provisions for the benefit of its directors which were made during the financial year and remain in force at the date of this report.

This Directors' Report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption provided by section 415A of the Companies Act 2006.

Approved by the Board of Directors and signed on its behalf by:

T M West Secretary

05 May 2026

		2025		2024
		£		£
Other non-operating loss		0		( 250,000)
Loss before taxation		0		( 250,000)
Tax on loss		0		( 7,263)
Loss for the financial year		0		( 257,263)
Retained deficit at the beginning of financial year		( 279,050)		( 21,787)
Loss for the financial year		0		( 257,263)
Retained deficit at the end of financial year		( 279,050)		( 279,050)

	Note	2025		2024
		£		£
Creditors: amounts falling due within one year	3	( 279,049)		( 279,049)
Net current liabilities		(279,049)		(279,049)
Total assets less current liabilities		(279,049)		(279,049)
Net liabilities		( 279,049)		( 279,049)
Capital and reserves
Called-up share capital		1		1
Profit and loss account		( 279,050 )		( 279,050 )
Total shareholder's deficit		( 279,049)		( 279,049)

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A – small entities.

The financial statements of Sableknight Fleet (South) Limited (registered number: 10744594) were approved and authorised for issue by the Board of Directors on 05 May 2026. They were signed on its behalf by:

H R Seaborn Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Sableknight Fleet (South) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.

The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The parent company has agreed to provide such financial assistance as may be necessary to guarantee the solvency of the company for a period of not less than twelve months from the date that the financial statements are signed. Accordingly, the directors continue to adopt the going concern basis in preparing the annual report and accounts.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

Ordinary shares are classified as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year	0		0

3. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to related parties	279,049		279,049

4. Ultimate controlling party

The company's immediate parent is Sableknight Fleet Limited, incorporated in England & Wales. The ultimate parent is Sableknight Limited, incorporated in England & Wales.

The most senior parent entity producing publicly available consolidated financial statements is Sableknight Limited. These financial statements are publicly available from Companies House.

The address of Sableknight Limited is:
22 Chancery Lane
London
WC2A 1LS