2023-04-01 2024-03-31 false No description of principal activity Capium Accounts Production 1.1 05751079 bus:FullAccounts 2023-04-01 2024-03-31 05751079 bus:Micro-entities 2023-04-01 2024-03-31 05751079 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05751079 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05751079 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05751079 2023-04-01 2024-03-31 05751079 2024-03-31 05751079 bus:RegisteredOffice 2023-04-01 2024-03-31 05751079 core:WithinOneYear 2024-03-31 05751079 core:AfterOneYear 2024-03-31 05751079 bus:Director1 2023-04-01 2024-03-31 05751079 bus:Director1 2024-03-31 05751079 bus:Director1 2022-04-01 2023-03-31 05751079 bus:Director2 2023-04-01 2024-03-31 05751079 bus:Director2 2024-03-31 05751079 bus:Director2 2022-04-01 2023-03-31 05751079 2022-04-01 05751079 bus:CompanySecretary1 2023-04-01 2024-03-31 05751079 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 05751079 2022-04-01 2023-03-31 05751079 2023-03-31 05751079 core:WithinOneYear 2023-03-31 05751079 core:AfterOneYear 2023-03-31 05751079 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 05751079 core:PlantMachinery 2023-04-01 2024-03-31 05751079 core:PlantMachinery 2024-03-31 05751079 core:PlantMachinery 2023-03-31 05751079 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 05751079 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 05751079 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 05751079 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 05751079 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 05751079 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 05751079 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 05751079 core:Non-currentFinancialInstruments 2024-03-31 05751079 core:Non-currentFinancialInstruments 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 05751079
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 March 2024

for

SOUTH NORFOLK MOBILITY CENTRE LTD

Directors Michael Lockwood
Diana Lockwood
Registered Number 05751079
Registered Office Whitegates Bungalow
Earlsford Road, Mellis
Eye
IP23 8DY
Accountants Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
1
  2024   2023
    £ £   £ £
Fixed assets   7,683      9,186 
Current assets 53,559      39,672   
Creditors: amount falling due within one year (51,655)     (48,758)  
Net current assets   1,904      (9,086)
Total assets less current liabilities   9,587      100 
Net assets   9,587      100 
 

         
Capital and reserves   9,587      100 
 
NOTES TO THE ACCOUNTS

General Information
South Norfolk Mobility Centre Ltd is a private company, limited by shares, registered in England and Wales, registration number 05751079, registration address Whitegates Bungalow, Earlsford Road, Mellis, Eye, IP23 8DY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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:

Plant and Machinery 20% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 April 2023 40,935    40,935 
Additions 417    417 
Disposals  
At 31 March 2024 41,352    41,352 
Depreciation
At 01 April 2023 31,749    31,749 
Charge for year 1,920    1,920 
On disposals  
At 31 March 2024 33,669    33,669 
Net book values
Closing balance as at 31 March 2024 7,683    7,683 
Opening balance as at 01 April 2023 9,186    9,186 


3.

Average number of employees


Average number of employees during the year was 2 (2023 : 2).

4.

Related parties

During the year the company entered into the following transactions with related parties:
Amount due from/to related party Provision for doubtful debt from the related party
2024
£
 2023
£
 2024
£
 2023
£
Michael & Diana Lockwood(44,404)(47,404)

The directors were owed the above amounts on an interest free basis

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 05 July 2024 and were signed on its behalf by:


--------------------------------
Michael Lockwood
Director
2