S-O-T Mobile Link Limited 08511273 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Mobile Communications Digita Accounts Production Advanced 6.30.9574.0 true 08511273 2023-10-01 2024-09-30 08511273 2024-09-30 08511273 core:RetainedEarningsAccumulatedLosses 2024-09-30 08511273 core:ShareCapital 2024-09-30 08511273 core:CurrentFinancialInstruments 2024-09-30 08511273 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 08511273 core:Goodwill 2024-09-30 08511273 core:MotorVehicles 2024-09-30 08511273 core:OtherPropertyPlantEquipment 2024-09-30 08511273 bus:SmallEntities 2023-10-01 2024-09-30 08511273 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08511273 bus:FilletedAccounts 2023-10-01 2024-09-30 08511273 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 08511273 bus:RegisteredOffice 2023-10-01 2024-09-30 08511273 bus:Director1 2023-10-01 2024-09-30 08511273 bus:Director2 2023-10-01 2024-09-30 08511273 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08511273 core:Goodwill 2023-10-01 2024-09-30 08511273 core:MotorVehicles 2023-10-01 2024-09-30 08511273 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 08511273 core:PlantMachinery 2023-10-01 2024-09-30 08511273 countries:EnglandWales 2023-10-01 2024-09-30 08511273 2023-09-30 08511273 core:Goodwill 2023-09-30 08511273 core:MotorVehicles 2023-09-30 08511273 core:OtherPropertyPlantEquipment 2023-09-30 08511273 2022-10-01 2023-09-30 08511273 2023-09-30 08511273 core:RetainedEarningsAccumulatedLosses 2023-09-30 08511273 core:ShareCapital 2023-09-30 08511273 core:CurrentFinancialInstruments 2023-09-30 08511273 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 08511273 core:MotorVehicles 2023-09-30 08511273 core:OtherPropertyPlantEquipment 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 08511273


S-O-T Mobile Link Limited

Directors' Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

S-O-T Mobile Link Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

S-O-T Mobile Link Limited

Company Information

Directors

Mr G Weston

Mrs G S Weston

Registered office

Meadowside
Wardle Lane
Light Oaks
Stoke on Trent
Staffordshire
ST2 7LP

Accountants

Howsons (Stoke) Limited
Chartered Accountants
Winton House
Stoke Road
Stoke on Trent
Staffordshire
ST4 2RW

 

S-O-T Mobile Link Limited

(Registration number: 08511273)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

13,358

14,963

Current assets

 

Stocks

6

500

500

Debtors

7

25,372

16,384

Cash at bank and in hand

 

23,214

13,772

 

49,086

30,656

Creditors: Amounts falling due within one year

8

(31,331)

(19,266)

Net current assets

 

17,755

11,390

Total assets less current liabilities

 

31,113

26,353

Provisions for liabilities

(3,000)

(3,000)

Net assets

 

28,113

23,353

Capital and reserves

 

Called up share capital

10

10

Retained earnings

28,103

23,343

Shareholders' funds

 

28,113

23,353

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 and in accordance with the provisions of Financial Reporting Standard 102 (FRS 102) Section 1A - small entities.

 

S-O-T Mobile Link Limited

(Registration number: 08511273)
Balance Sheet as at 30 September 2024

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

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; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 17 April 2025 and signed on its behalf by:
 

.........................................
Mr G Weston
Director

.........................................
Mrs G S Weston
Director

 

S-O-T Mobile Link Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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:
Meadowside
Wardle Lane
Light Oaks
Stoke on Trent
Staffordshire
ST2 7LP

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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 company's presentational currency is pound sterling (£). The accounts are rounded to the nearest whole pound.

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

S-O-T Mobile Link Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Asset class

Depreciation method and rate

Plant and machinery

10% reducing balance method

Motor vehicles

25% reducing balance method

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

5 years straight line

Financial instruments

Classification
Basic financial assets, including trade and other debtors, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities, including trade and other trade creditors, bank and other loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

 Recognition and measurement
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit and loss.

 Impairment
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised in the profit or loss.

Financial assets are derecognised when a) the contractual rights to the cash flows from the asset expire or are settled, or b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

S-O-T Mobile Link Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 October 2023

5,000

5,000

At 30 September 2024

5,000

5,000

Amortisation

At 1 October 2023

5,000

5,000

At 30 September 2024

5,000

5,000

Carrying amount

At 30 September 2024

-

-

5

Tangible assets

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 October 2023

7,995

29,675

37,670

At 30 September 2024

7,995

29,675

37,670

Depreciation

At 1 October 2023

7,279

15,428

22,707

Charge for the year

179

1,426

1,605

At 30 September 2024

7,458

16,854

24,312

Carrying amount

At 30 September 2024

537

12,821

13,358

At 30 September 2023

716

14,247

14,963

6

Stocks

2024
£

2023
£

Other inventories

500

500

 

S-O-T Mobile Link Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7

Debtors

2024
£

2023
£

Trade debtors

25,372

6,510

Prepayments

-

1,003

Other debtors

-

8,871

25,372

16,384

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

5,970

10,779

Taxation and social security

 

2,929

-

Other creditors

 

8,622

8,487

Directors' loan account

 

13,810

-

 

31,331

19,266