Company No: 00559774 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	45,364		53,370
Investment property	4	6,750,000		8,274,207
Investments	5	1,588,031		1,396,806
		8,383,395		9,724,383
Current assets
Stocks		83,600		0
Debtors	6	36,038		17,196
Cash at bank and in hand		1,203,701		1,302,982
		1,323,339		1,320,178
Creditors: amounts falling due within one year	7	( 32,301)		( 52,698)
Net current assets		1,291,038		1,267,480
Total assets less current liabilities		9,674,433		10,991,863
Provision for liabilities		( 1,543,200)		( 1,897,200)
Net assets		8,131,233		9,094,663
Capital and reserves
Called-up share capital	8	5,000		5,000
Profit and loss account		8,126,233		9,089,663
Total shareholder's funds		8,131,233		9,094,663

Reserves

Included in the profit and loss account is a loss of £1,051,490 (2024: profit of £30,857) that relates to non-distributable reserves. At the year end, non-distributable funds totalled £5,133,224 (2024: £6,184,714).

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Fleet Caravans Limited (registered number: 00559774) were approved and authorised for issue by the Board of Directors on 08 September 2026. They were signed on its behalf by:

Mr A C W Beard 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

Fleet Caravans 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 Broadwalk House, Southernhay West, Exeter, EX1 1UA, United Kingdom. The trading address of the company is Grange Estate, Coxheath Road, Church Crookham, Fleet, GU52 6QR .

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 assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery

15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	1		1

3. Tangible assets

	Plant and machinery		Total
	£		£
Cost
At 01 January 2025	135,977		135,977
At 31 December 2025	135,977		135,977
Accumulated depreciation
At 01 January 2025	82,607		82,607
Charge for the financial year	8,006		8,006
At 31 December 2025	90,613		90,613
Net book value
At 31 December 2025	45,364		45,364
At 31 December 2024	53,370		53,370

4. Investment property

	Investment property
	£
Valuation
As at 01 January 2025	8,274,207
Fair value movement	(1,524,207)
As at 31 December 2025	6,750,000

Valuation

There has been an independent valuation of the investment properties. The property has been valued at £6,750,000 as at 18 November 2025.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2025		2024
	£		£
Historic cost	376,334		385,906

5. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	1,396,806		1,396,806
Additions	191,642		191,642
Disposals	( 112,434)		( 112,434)
Movement in fair value	112,017		112,017
At 31 December 2025	1,588,031		1,588,031
Carrying value at 31 December 2025	1,588,031		1,588,031
Carrying value at 31 December 2024	1,396,806		1,396,806

6. Debtors

	2025		2024
	£		£
Prepayments	36,038		17,196

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to directors	49		0
Accruals	7,350		6,850
Taxation and social security	22,734		43,874
Other creditors	2,168		1,974
	32,301		52,698

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
5,000 Ordinary shares of £ 1.00 each	5,000		5,000