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Registered number: 11150670
UK Forecourts Limited
Financial Statements
For The Year Ended 31 December 2025
Goldstar Accountants Ltd
Chartered Accountants & Registered Auditors
63 London Street
Reading
RG1 4PS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 11150670
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 30,000 40,000
Tangible Assets 5 3,793,725 3,642,716
3,823,725 3,682,716
CURRENT ASSETS
Stocks 6 53,532 74,338
Debtors 7 2,549,322 2,467,634
Cash at bank and in hand 268,571 208,094
2,871,425 2,750,066
Creditors: Amounts Falling Due Within One Year 8 (623,242 ) (469,614 )
NET CURRENT ASSETS (LIABILITIES) 2,248,183 2,280,452
TOTAL ASSETS LESS CURRENT LIABILITIES 6,071,908 5,963,168
Creditors: Amounts Falling Due After More Than One Year 9 (1,782,767 ) (2,067,997 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (384,069 ) (382,884 )
NET ASSETS 3,905,072 3,512,287
CAPITAL AND RESERVES
Called up share capital 11 100 100
Revaluation reserve 1,378,335 1,378,335
Profit and Loss Account 2,526,637 2,133,852
SHAREHOLDERS' FUNDS 3,905,072 3,512,287
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For the 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.
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
Mr Krishnathasan Navaratnam
Director
02/04/2026
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
UK Forecourts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11150670 . The registered office is 519 Basingstoke Road, Reading, RG2 0SH.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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 2% Reducing Balance
Plant & Machinery 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.5. 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.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. 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 is recognised on 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 100,000
As at 31 December 2025 100,000
Amortisation
As at 1 January 2025 60,000
Provided during the period 10,000
As at 31 December 2025 70,000
Net Book Value
As at 31 December 2025 30,000
As at 1 January 2025 40,000
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 3,565,253 310,209 121,150 14,648 4,011,260
Additions 163,316 3,200 38,518 4,942 209,976
As at 31 December 2025 3,728,569 313,409 159,668 19,590 4,221,236
Depreciation
As at 1 January 2025 96,735 188,195 74,245 9,369 368,544
Provided during the period 20,550 25,043 11,330 2,044 58,967
As at 31 December 2025 117,285 213,238 85,575 11,413 427,511
Net Book Value
As at 31 December 2025 3,611,284 100,171 74,093 8,177 3,793,725
As at 1 January 2025 3,468,518 122,014 46,905 5,279 3,642,716
6. Stocks
2025 2024
£ £
Materials 53,532 74,338
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 58,666 25,063
Prepayments and accrued income 15,000 1,497
Other debtors 15,000 15,000
88,666 41,560
Due after more than one year
Amounts owed by related party 2,460,656 2,426,074
2,549,322 2,467,634
Amounts owed by related party includes inter-company balance due from:
Fuel 24 Assets Ltd - £1,129,847.57
Oaklyn Ltd - £600,000.00
Rottner & Rudge Ltd - £200,000.00
Whitehart Burbage Trading Ltd - £5,799.56
Whitehart Burbage Ltd - £525,009.28
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 202,962 38,955
Bank loans and overdrafts 261,168 237,105
Corporation tax 136,510 139,846
PAYE and Pension Payable 1,356 713
VAT 15,851 45,812
Net wages 1,316 1,316
Other creditors - Recharge - 2,056
Accruals and deferred income 3,263 2,995
Directors' loan accounts 816 816
623,242 469,614
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,782,767 2,067,997
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10. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 384,069 382,884
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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