STAFFORDSHIRE MOBILITY LIMITED

Company Registration Number:
10046918 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

STAFFORDSHIRE MOBILITY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

STAFFORDSHIRE MOBILITY LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Mr Jimmy Che Ming Lee
Mrs Nga-Yan Lee
Registered office: 55a - 57 Upper Huntbach Street
Hanley
Stoke-On-Trent
Staffordshire
England
ST1 2BX
Company Registration Number: 10046918 (England and Wales)

STAFFORDSHIRE MOBILITY LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 166,957 143,943
Total fixed assets: 166,957 143,943
Current assets
Stocks: 17,642 12,819
Debtors: 9,794 12,400
Cash at bank and in hand: 29,502 39,022
Total current assets: 56,938 64,241
Creditors: amounts falling due within one year: ( 57,492 ) ( 56,151 )
Net current assets (liabilities): ( 554 ) 8,090
Total assets less current liabilities: 166,403 152,033
Creditors: amounts falling due after more than one year: ( 90,021 ) ( 101,020 )
Provision for liabilities: ( 7,897 ) ( 3,017 )
Total net assets (liabilities): 68,485 47,996

The notes form part of these financial statements

STAFFORDSHIRE MOBILITY LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 68,385 47,896
Shareholders funds: 68,485 47,996

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 November 2023
And Signed On Behalf Of The Board By:

Name: Mr Jimmy Che Ming Lee
Status: Director

The notes form part of these financial statements

STAFFORDSHIRE MOBILITY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at appropriate annual rates in order to write off each asset over its estimated useful life.

    Intangible fixed assets amortisation policy

    Goodwill, being the amount paid in connection with the acquisition of a business in 2016, has been fully amortised over its estimated useful life of five years.

    Valuation information and policy

    Inventories are valued at the lower of cost and net realisable value, after making allowance for obsolete and slow moving items.

    Other accounting policies

    Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timimg 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.

STAFFORDSHIRE MOBILITY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

STAFFORDSHIRE MOBILITY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

STAFFORDSHIRE MOBILITY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 170,228
Additions 54,270
Disposals (25,927)
Revaluations -
Transfers -
At 31 March 2023 198,571
Depreciation
At 01 April 2022 26,285
Charge for year 17,061
On disposals (11,732)
Other adjustments -
At 31 March 2023 31,614
Net book value
At 31 March 2023 166,957
At 31 March 2022 143,943