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Company Registration No. 08651956 (England and Wales)
Mobile Servicing & Repairs Ltd Unaudited accounts for the year ended 31 August 2024
Mobile Servicing & Repairs Ltd Unaudited accounts Contents
Page
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Mobile Servicing & Repairs Ltd Company Information for the year ended 31 August 2024
Directors
David John Hood Viktoriia Hood
Company Number
08651956 (England and Wales)
Registered Office
112 Markham Avenue Carcroft Doncaster DN6 8DZ England
Accountants
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ
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Mobile Servicing & Repairs Ltd Accountants' report
Accountants' report to the board of directors of Mobile Servicing & Repairs Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mobile Servicing & Repairs Ltd for the year ended 31 August 2024 as set out on pages 5 - 7 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 Mobile Servicing & Repairs Ltd, as a body, in accordance with the terms of our engagement letter dated 4 November 2019. Our work has been undertaken solely to prepare for your approval the accounts of Mobile Servicing & Repairs Ltd 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 Mobile Servicing & Repairs Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Mobile Servicing & Repairs Ltd 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 Mobile Servicing & Repairs Ltd. You consider that Mobile Servicing & Repairs Ltd 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 Mobile Servicing & Repairs Ltd. 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.
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ 19 February 2025
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Mobile Servicing & Repairs Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
238 
Current assets
Inventories
- 
13,640 
Cash at bank and in hand
6,719 
104 
6,719 
13,744 
Creditors: amounts falling due within one year
(2,418)
(4,528)
Net current assets
4,301 
9,216 
Total assets less current liabilities
4,301 
9,454 
Provisions for liabilities
Deferred tax
- 
(45)
Net assets
4,301 
9,409 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,201 
9,309 
Shareholders' funds
4,301 
9,409 
For the year ending 31 August 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 21 February 2025 and were signed on its behalf by
David John Hood Director Company Registration No. 08651956
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Mobile Servicing & Repairs Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Mobile Servicing & Repairs Ltd is a private company, limited by shares, registered in England and Wales, registration number 08651956. The registered office is 112 Markham Avenue, Carcroft, Doncaster, DN6 8DZ, England.
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
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
20% RB
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Mobile Servicing & Repairs Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
1,063 
Disposals
(1,063)
At 31 August 2024
- 
Depreciation
At 1 September 2023
825 
On disposals
(825)
At 31 August 2024
- 
Net book value
At 31 August 2024
- 
At 31 August 2023
238 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,087 
4,528 
Accruals
331 
- 
2,418 
4,528 
6
Transactions with related parties
During the year, the dividends of £13,814 (2023: £6,087) were paid to the Directors.
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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