Mobile Home Movements Limited 10168941 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is Freight transportation by road Digita Accounts Production Advanced 6.30.9574.0 true false true 10168941 2022-12-01 2023-11-30 10168941 2023-11-30 10168941 bus:OrdinaryShareClass1 2023-11-30 10168941 core:CurrentFinancialInstruments 2023-11-30 10168941 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 10168941 bus:SmallEntities 2022-12-01 2023-11-30 10168941 bus:Audited 2022-12-01 2023-11-30 10168941 bus:FullAccounts 2022-12-01 2023-11-30 10168941 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 10168941 bus:RegisteredOffice 2022-12-01 2023-11-30 10168941 bus:Director3 2022-12-01 2023-11-30 10168941 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 10168941 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10168941 1 2022-12-01 2023-11-30 10168941 countries:EnglandWales 2022-12-01 2023-11-30 10168941 2021-12-01 2022-11-30 10168941 2022-11-30 10168941 bus:OrdinaryShareClass1 2022-11-30 10168941 core:CurrentFinancialInstruments 2022-11-30 10168941 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10168941

Mobile Home Movements Limited

Filleted Financial Statements

for the Year Ended 30 November 2023

 

Mobile Home Movements Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 4

 

Mobile Home Movements Limited

(Registration number: 10168941)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

356,487

307,531

Cash at bank and in hand

 

46,871

1,965

 

403,358

309,496

Creditors: Amounts falling due within one year

5

(370,499)

(280,478)

Net assets

 

32,859

29,018

Capital and reserves

 

Called up share capital

6

1

1

Retained earnings

32,858

29,017

Shareholders' funds

 

32,859

29,018

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 August 2024
 

.........................................
A J Skelton
Director

 

Mobile Home Movements Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

1

General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
44 Newdown Road
South Park Industrial Estate
Scunthorpe
North Lincolnshire
DN17 2TX

These financial statements were authorised for issue by the director on 27 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Audit Report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 27 August 2024 was Neal Watford ACA, who signed for and on behalf of Forrester Boyd.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Government grants

Government grants which become receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the entity with no future related costs, are recognised as income in the period in which they become receivable.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Mobile Home Movements Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 70 (2022 - 73).

4

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

7

345,388

307,531

Prepayments

 

11,099

-

   

356,487

307,531

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to Company undertakings and undertakings in which the Company has a participating interest

7

112,882

-

Taxation and social security

 

206,188

239,949

Accruals and deferred income

 

6,070

3,266

Other creditors

 

45,359

37,263

 

370,499

280,478

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         

7

Related party transactions

Summary of transactions with entities with joint control or significant interest

 

Mobile Home Movements Limited

Notes to the Financial Statements for the Year Ended 30 November 2023

The company has taken advantage of the exemption in section 33 of FRS 102 'Related Party Disclosures' from disclosing transactions with other members of the group in which any subsidiary which is a party to the transaction is wholly owned by the group.

8

Parent and ultimate parent undertaking

The company is a wholly owned subsidary of Modular Logistics Group Limited, a company incorporated in England.

The ultimate parent company is Modular Logistics Group Limited. Copies of the Modular Logistics Group Limited consolidated financial statements can be obtained from Modular Logistics Group Limited, 44 Newdown Road, Scunthorpe, DN17 2TX - the company's registered office address.