REGISTERED NUMBER: 12296865 (England and Wales)

ASSET ASSURED MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Bhagwan

Mr A L Rees

REGISTERED OFFICE:

5 Midland Court, Central Park

Leicester Road

Lutterworth

Leicestershire

LE17 4PN

REGISTERED NUMBER:

12296865 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Intangible assets

5

1,024

2,136

Tangible assets

6

375,253

295,224

376,277

297,360

CURRENT ASSETS

Stocks

75

124

Debtors

7

589,232

363,942

Cash at bank

2,276,659

864,820

2,865,966

1,228,886

CREDITORS

Amounts falling due within one year

8

2,159,272

923,011

NET CURRENT ASSETS

706,694

305,875

TOTAL ASSETS LESS CURRENT LIABILITIES

1,082,971

603,235

CREDITORS

Amounts falling due after more than one year

9

(938,041

)

(550,147

)

PROVISIONS FOR LIABILITIES

(93,813

)

-

NET ASSETS

51,117

53,088

CAPITAL AND RESERVES

Called up share capital

10

508

506

Retained earnings

50,609

52,582

51,117

53,088

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 26 October 2026 and were signed on its behalf by:

Mr D Bhagwan - Director

Mr A L Rees - Director

1.	STATUTORY INFORMATION

Asset Assured Management Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value excluding Value Added Tax of fleet management services provided to customers during the year. In respect of fleet management services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

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.

Plant and machinery

-

20% straight line

Fixtures and fittings

-

20% straight line

Motor vehicles

-

33% straight line

Computer equipment

-

33% straight line

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.

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.

Financial instruments

Financial instruments 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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 5 ) .

5.	INTANGIBLE FIXED ASSETS

Intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

3,776

AMORTISATION

At 1 April 2025

1,640

Amortisation for year

1,112

At 31 March 2026

2,752

NET BOOK VALUE

At 31 March 2026

1,024

At 31 March 2025

2,136

6.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2025

-

1,056

2,983

Additions

2,821

-

1,446

Disposals

-

-

(321

)

At 31 March 2026

2,821

1,056

4,108

DEPRECIATION

At 1 April 2025

-

53

370

Charge for year

746

211

1,266

Eliminated on disposal

-

-

(321

)

At 31 March 2026

746

264

1,315

NET BOOK VALUE

At 31 March 2026

2,075

792

2,793

At 31 March 2025

-

1,003

2,613

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

295,567

47,317

346,923

Additions

136,864

8,275

149,406

Disposals

-

(4,731

)

(5,052

)

At 31 March 2026

432,431

50,861

491,277

DEPRECIATION

At 1 April 2025

41,501

9,775

51,699

Charge for year

54,471

10,627

67,321

Eliminated on disposal

-

(2,675

)

(2,996

)

At 31 March 2026

95,972

17,727

116,024

NET BOOK VALUE

At 31 March 2026

336,459

33,134

375,253

At 31 March 2025

254,066

37,542

295,224

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

94,272

141,747

Other debtors

-

123,750

Directors' current accounts

301

32,769

Prepayments and accrued income

90,950

65,676

185,523

363,942

Amounts falling due after more than one year:

Amounts owed by participating interests

350,001

-

Other debtors

53,708

-

403,709

-

Aggregate amounts

589,232

363,942

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

64,849

36,335

Corporation tax

128,422

18,468

Social security and other taxes

3,027

(9,269

)

Pensions

-

7,500

VAT

120,828

47,064

Accruals and deferred income

1,842,146

822,913

2,159,272

923,011

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Accruals and deferred income

938,041

550,147

10.	CALLED UP SHARE CAPITAL

Number allotted, issued and fully paid:

Class:

Nominal Value:

2026

2025

£

£

50,000

Ordinary

£0.01

500

500

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

1

Ordinary D

£1

1

1

1

Ordinary E

£1

1

1

1

Ordinary F

£1

1

1

1

Ordinary G

£1

1

0

1

Ordinary H

£1

1

0

508

506

Ordinary G and Ordinary H Shares at £1 issued during the year at par.

11.	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

£

£

Mr D Bhagwan

Balance outstanding at start of year

32,619

-

Amounts advanced

-

35,149

Amounts repaid

(32,470

)

(2,530

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

149

32,619

Mr A L Rees

Balance outstanding at start of year

149

-

Amounts advanced

2

149

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

151

149

12.	RELATED PARTY DISCLOSURES

Key management personnel remuneration in the year totalled £31,428 (2025: £45,200).

Directors remuneration in the year totalled £31,428 (2025: £45,200).

At the balance sheet date £350,001 (2025: £NIL) was owed from related parties that key management have control.The balance represents an unsecured, interest-free intercompany loan. There are no fixed terms for repayment