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REGISTERED NUMBER: 12372949 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

REED MOBILITY LIMITED

REED MOBILITY LIMITED (REGISTERED NUMBER: 12372949)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


REED MOBILITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: N Reed
Mrs R J Reed





REGISTERED OFFICE: 10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ





REGISTERED NUMBER: 12372949 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Reading
Berkshire
RG10 0RQ

REED MOBILITY LIMITED (REGISTERED NUMBER: 12372949)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 6,000
Tangible assets 5 2,177 3,455
7,177 9,455

CURRENT ASSETS
Debtors 6 11,911 1,213
Cash at bank 80,060 120,143
91,971 121,356
CREDITORS
Amounts falling due within one year 7 42,484 63,262
NET CURRENT ASSETS 49,487 58,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,664

67,549

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 56,564 67,449
SHAREHOLDERS' FUNDS 56,664 67,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:



N Reed - Director


REED MOBILITY LIMITED (REGISTERED NUMBER: 12372949)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Reed Mobility Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 10,000
AMORTISATION
At 1 January 2024 4,000
Charge for year 1,000
At 31 December 2024 5,000
NET BOOK VALUE
At 31 December 2024 5,000
At 31 December 2023 6,000

REED MOBILITY LIMITED (REGISTERED NUMBER: 12372949)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 5,419
DEPRECIATION
At 1 January 2024 1,964
Charge for year 1,278
At 31 December 2024 3,242
NET BOOK VALUE
At 31 December 2024 2,177
At 31 December 2023 3,455

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,700 -
Other debtors 211 1,213
11,911 1,213

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 16,040 26,333
Other creditors 26,444 36,929
42,484 63,262