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REGISTERED NUMBER: 02541761 (England and Wales)















KENT MOBILITY LIMITED

Unaudited Financial Statements

For The Year Ended 28 February 2023






KENT MOBILITY LIMITED (REGISTERED NUMBER: 02541761)

Contents of the Financial Statements
For The Year Ended 28 February 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


KENT MOBILITY LIMITED

Company Information
For The Year Ended 28 February 2023







DIRECTORS: J M Payne
Mrs S D Payne





SECRETARY: Mrs S D Payne





REGISTERED OFFICE: Hilden Park House
79 Tonbridge Road
Hildenborough
Kent
TN11 9BH





REGISTERED NUMBER: 02541761 (England and Wales)





ACCOUNTANTS: Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH

KENT MOBILITY LIMITED (REGISTERED NUMBER: 02541761)

Abridged Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 42,106 57,079
42,106 57,079

CURRENT ASSETS
Stocks 66,582 86,061
Debtors 38,306 59,892
Cash at bank and in hand 316,574 284,536
421,462 430,489
CREDITORS
Amounts falling due within one year 72,367 135,732
NET CURRENT ASSETS 349,095 294,757
TOTAL ASSETS LESS CURRENT
LIABILITIES

391,201

351,836

PROVISIONS FOR LIABILITIES 123 1,853
NET ASSETS 391,078 349,983

CAPITAL AND RESERVES
Called up share capital 20,200 20,200
Retained earnings 370,878 329,783
SHAREHOLDERS' FUNDS 391,078 349,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

KENT MOBILITY LIMITED (REGISTERED NUMBER: 02541761)

Abridged Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 October 2023 and were signed on its behalf by:





J M Payne - Director


KENT MOBILITY LIMITED (REGISTERED NUMBER: 02541761)

Notes to the Financial Statements
For The Year Ended 28 February 2023


1. STATUTORY INFORMATION

Kent Mobility 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes in relation to the sale and maintenance of equipment for the elderly and disabled.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses, is being written off evenly over its estimated useful life of ten years.


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.
Improvements to property - 5% on cost
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost
Office equipment - 20% on cost

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.


KENT MOBILITY LIMITED (REGISTERED NUMBER: 02541761)

Notes to the Financial Statements - continued
For The Year Ended 28 February 2023


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 20,500
AMORTISATION
At 1 March 2022
and 28 February 2023 20,500
NET BOOK VALUE

At 28 February 2023 -
At 28 February 2022 -

Purchased goodwill relates to the purchase of businesses.


KENT MOBILITY LIMITED (REGISTERED NUMBER: 02541761)

Notes to the Financial Statements - continued
For The Year Ended 28 February 2023


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2022
and 28 February 2023 303,430
DEPRECIATION
At 1 March 2022 246,351
Charge for year 14,973
At 28 February 2023 261,324
NET BOOK VALUE
At 28 February 2023 42,106
At 28 February 2022 57,079

6. SHARES IN GROUP UNDERTAKING

The company owns the entire share capital of Mobility Options Limited which is incorporated in England and Wales and is currently dormant. The net assets of Mobility Options Limited at 28 February 2023 were £1.