Target Fluid Services Limited

Target Fluid Services Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	183	275
		183	275
Current assets
Debtors: amounts falling due within one year	4	751	150
Cash at bank and in hand		6,309	26,817
		7,060	26,967
Creditors: amount falling due within one year	5	(314)	(3,808)
Net current assets		6,746	23,159

Total assets less current liabilities		6,929	23,434
Net assets		6,929	23,434

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		6,829	23,334
Shareholders' funds		6,929	23,434

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 02 October 2026 and were signed by:

-------------------------------
Mr R Jackson
Director

Target Fluid Services Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

Target Fluid Services Limited is a private company, limited by shares, registered in England and Wales, registration number 03357452, registration address The Old Post House, Bramshaw, Lyndhurst, Hampshire, SO43 7JB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

The cost of sales is the accumulated total of all costs used to create a product or service, which has been sold.

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.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33.3% Reducing Balance

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 April 2025	1,227	1,227
Additions	-	-
Disposals	-	-
At 31 March 2026	1,227	1,227
Depreciation
At 01 April 2025	952	952
Charge for year	92	92
On disposals	-	-
At 31 March 2026	1,044	1,044
Net book values
Closing balance as at 31 March 2026	183	183
Opening balance as at 01 April 2025	275	275

Debtors: amounts falling due within one year

	2026 £	2025 £
Other Debtors	543	0
VAT	208	150
	751	150

Creditors: amount falling due within one year

	2026 £	2025 £
Corporation Tax	0	2,538
Other Creditors	37	867
Directors' Current Accounts	277	403
	314	3,808

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Ordinary shares of £1.00 each	100		100
	100		100

7.	Dividend During the year, total dividends of £7,191 (2025 - £3,410) were paid to the director.