Company Registration No. 05206565 (England and Wales)
Cotswold Mobility limited
Unaudited accounts
for the year ended 31 August 2023
Cotswold Mobility limited
Unaudited accounts
Contents
Cotswold Mobility limited
Company Information
for the year ended 31 August 2023
Directors
Julie Ann Prentice
Peter Prentice
Company Number
05206565 (England and Wales)
Registered Office
ICOMB COW PASTURES
ICOMB
CHELTENHAM
GLOUCESTERSHIRE
GL54 1JG
Accountants
John Mutsaars
LRJ Accountancy Services Limited
High Street, Longborough
Moreton-in-Marsh
Gloucestershire
GL56 0QE
Cotswold Mobility limited
Statement of financial position
as at 31 August 2023
Tangible assets
2,680
5,357
Cash at bank and in hand
6,441
29,946
Creditors: amounts falling due within one year
(5,865)
(18,367)
Net current assets
24,084
40,156
Called up share capital
132
132
Profit and loss account
26,632
45,381
Shareholders' funds
26,764
45,513
For the year ending 31 August 2023 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by
Julie Ann Prentice
Director
Company Registration No. 05206565
Cotswold Mobility limited
Notes to the Accounts
for the year ended 31 August 2023
Cotswold Mobility limited is a private company, limited by shares, registered in England and Wales, registration number 05206565. The registered office is ICOMB COW PASTURES, ICOMB, CHELTENHAM, GLOUCESTERSHIRE, GL54 1JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
12.5% straight line
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2022
2,658
34,686
37,344
At 31 August 2023
2,658
34,686
37,344
At 1 September 2022
2,658
29,329
31,987
Charge for the year
-
2,677
2,677
At 31 August 2023
2,658
32,006
34,664
At 31 August 2023
-
2,680
2,680
At 31 August 2022
-
5,357
5,357
Cotswold Mobility limited
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Accrued income and prepayments
2,242
2,259
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
287
408
Trade creditors
2,804
5,724
Taxes and social security
444
6,753
Loans from directors
453
3,617
Allotted, called up and fully paid:
132 Ordinary shares of £1 each
132
132
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).