1 April 2023 false Taxfiler 2024.6 06332145business:PrivateLimitedCompanyLtd2023-04-012024-03-31 063321452023-03-31 063321452023-04-012024-03-31 06332145business:AuditExemptWithAccountantsReport2023-04-012024-03-31 06332145business:FilletedAccounts2023-04-012024-03-31 063321452024-03-31 06332145business:Director12023-04-012024-03-31 06332145business:Director22023-04-012024-03-31 06332145business:RegisteredOffice2023-04-012024-03-31 063321452023-03-31 06332145core:WithinOneYear2024-03-31 06332145core:WithinOneYear2023-03-31 06332145core:AfterOneYear2024-03-31 06332145core:AfterOneYear2023-03-31 06332145core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 06332145core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 06332145core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 06332145core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 06332145core:PreviouslyStatedAmount2024-03-31 06332145core:PreviouslyStatedAmount2023-03-31 06332145business:SmallEntities2023-04-012024-03-31 06332145countries:EnglandWales2023-04-012024-03-31 06332145core:PlantMachinery2023-04-012024-03-31 06332145core:MotorVehicles2023-04-012024-03-31 06332145core:ComputerEquipment2023-04-012024-03-31 06332145core:Goodwill2023-03-31 06332145core:Goodwill2024-03-31 06332145core:PlantMachinery2023-03-31 06332145core:MotorVehicles2023-03-31 06332145core:FurnitureFittings2023-03-31 06332145core:ComputerEquipment2023-03-31 06332145core:FurnitureFittings2023-04-012024-03-31 06332145core:PlantMachinery2024-03-31 06332145core:MotorVehicles2024-03-31 06332145core:FurnitureFittings2024-03-31 06332145core:ComputerEquipment2024-03-31 06332145core:AfterOneYear2023-04-012024-03-31 063321452022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 06332145 (England and Wales)
Driffield Mobility Limited Unaudited accounts for the year ended 31 March 2024
Driffield Mobility Limited Unaudited accounts Contents
Page
- 2 -
Driffield Mobility Limited Company Information for the year ended 31 March 2024
Directors
Kevin Peter Cadwallader Lynn Marie Wilson
Company Number
06332145 (England and Wales)
Registered Office
SCOTCHBURN GARTH SKERNE ROAD DRIFFIELD EAST YORKSHIRE YO25 6EF
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
- 3 -
Driffield Mobility Limited Accountants' report
Accountants' report to the board of directors of Driffield Mobility Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Driffield Mobility Limited for the year ended 31 March 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Driffield Mobility Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Driffield Mobility Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Driffield Mobility Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Driffield Mobility Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Driffield Mobility Limited. You consider that Driffield Mobility Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Driffield Mobility Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 1 October 2024
- 4 -
Driffield Mobility Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,273 
22,492 
Current assets
Inventories
121,232 
36,927 
Debtors
178,346 
198,469 
Cash at bank and in hand
147,904 
150,609 
447,482 
386,005 
Creditors: amounts falling due within one year
(156,241)
(85,779)
Net current assets
291,241 
300,226 
Total assets less current liabilities
310,514 
322,718 
Creditors: amounts falling due after more than one year
(23,260)
(33,121)
Provisions for liabilities
Deferred tax
(2,300)
(2,300)
Net assets
284,954 
287,297 
Capital and reserves
Called up share capital
800 
800 
Profit and loss account
284,154 
286,497 
Shareholders' funds
284,954 
287,297 
For the year ending 31 March 2024 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 18 November 2024 and were signed on its behalf by
Lynn Marie Wilson Director Company Registration No. 06332145
- 5 -
Driffield Mobility Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Driffield Mobility Limited is a private company, limited by shares, registered in England and Wales, registration number 06332145. The registered office is SCOTCHBURN GARTH, SKERNE ROAD, DRIFFIELD, EAST YORKSHIRE, YO25 6EF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Motor vehicles
20% on cost
Computer equipment
33% on cost
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
50,000 
At 31 March 2024
50,000 
Amortisation
At 1 April 2023
50,000 
At 31 March 2024
50,000 
Net book value
At 31 March 2024
- 
- 6 -
Driffield Mobility Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
43,959 
23,841 
610 
37,851 
106,261 
Additions
450 
- 
- 
3,048 
3,498 
At 31 March 2024
44,409 
23,841 
610 
40,899 
109,759 
Depreciation
At 1 April 2023
39,489 
23,841 
98 
20,341 
83,769 
Charge for the year
1,796 
- 
203 
4,718 
6,717 
At 31 March 2024
41,285 
23,841 
301 
25,059 
90,486 
Net book value
At 31 March 2024
3,124 
- 
309 
15,840 
19,273 
At 31 March 2023
4,470 
- 
512 
17,510 
22,492 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
33,511 
34,328 
Accrued income and prepayments
55,560 
67,473 
Other debtors
89,275 
96,668 
178,346 
198,469 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
17,657 
9,610 
Trade creditors
63,012 
52,690 
Taxes and social security
33,133 
5,296 
Other creditors
7,294 
2,117 
Accruals
35,145 
16,066 
156,241 
85,779 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,260 
33,121 
In June 2020, the company received a Bounce Back Loan of £50,000, which is a 100% UK Government backed loan. Under the terms of the loan, the fees and interest incurred in the first 12 months are settled on behalf of the company by the UK Government. After the first 12 months, an interest rate of 2.5% is applicable. The initial length of the loan is for six years, with an option to extend to ten years under the Bounce Back Loan Scheme.
- 7 -
Driffield Mobility Limited Notes to the Accounts for the year ended 31 March 2024
9
Transactions with related parties
Included in current assets are loans to related companies of £72,613 (2023 - £57,727). The loans are interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 12 (2023: 11).
- 8 -