IRIS Accounts Production v25.1.0.734 12139959 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121399592023-08-31121399592024-08-31121399592023-09-012024-08-31121399592022-08-31121399592022-09-012023-08-31121399592023-08-3112139959ns15:EnglandWales2023-09-012024-08-3112139959ns14:PoundSterling2023-09-012024-08-3112139959ns10:Director12023-09-012024-08-3112139959ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112139959ns10:SmallEntities2023-09-012024-08-3112139959ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3112139959ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112139959ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112139959ns10:FullAccounts2023-09-012024-08-3112139959ns10:CompanySecretary12023-09-012024-08-3112139959ns10:RegisteredOffice2023-09-012024-08-3112139959ns5:CurrentFinancialInstruments2024-08-3112139959ns5:CurrentFinancialInstruments2023-08-3112139959ns5:ShareCapital2024-08-3112139959ns5:ShareCapital2023-08-3112139959ns5:RetainedEarningsAccumulatedLosses2024-08-3112139959ns5:RetainedEarningsAccumulatedLosses2023-08-3112139959ns5:PlantMachinery2023-09-012024-08-3112139959ns5:FurnitureFittings2023-09-012024-08-3112139959ns5:MotorVehicles2023-09-012024-08-3112139959ns5:ComputerEquipment2023-09-012024-08-3112139959ns5:PlantMachinery2023-08-3112139959ns5:FurnitureFittings2023-08-3112139959ns5:MotorVehicles2023-08-3112139959ns5:ComputerEquipment2023-08-3112139959ns5:PlantMachinery2024-08-3112139959ns5:FurnitureFittings2024-08-3112139959ns5:MotorVehicles2024-08-3112139959ns5:ComputerEquipment2024-08-3112139959ns5:PlantMachinery2023-08-3112139959ns5:FurnitureFittings2023-08-3112139959ns5:MotorVehicles2023-08-3112139959ns5:ComputerEquipment2023-08-3112139959ns5:CostValuation2023-08-3112139959ns5:AdditionsToInvestments2024-08-3112139959ns5:CostValuation2024-08-3112139959ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3112139959ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 12139959 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

MOBILITYPLUS WHEELCHAIRS LTD

MOBILITYPLUS WHEELCHAIRS LTD (REGISTERED NUMBER: 12139959)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOBILITYPLUS WHEELCHAIRS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: J H Martin





SECRETARY:





REGISTERED OFFICE: Unit 8-10 Thorley Fields Business Park
Wood Street
Bishops Stortford
Hertfordshire
CM23 4TR





REGISTERED NUMBER: 12139959 (England and Wales)





ACCOUNTANTS: Xeinadin South East Ltd
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

MOBILITYPLUS WHEELCHAIRS LTD (REGISTERED NUMBER: 12139959)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 155,705 197,662
Investments 5 235,900 85,141
391,605 282,803

CURRENT ASSETS
Stocks 293,035 157,200
Debtors 6 151,423 195,012
Cash at bank and in hand 1,171,935 992,697
1,616,393 1,344,909
CREDITORS
Amounts falling due within one year 7 413,426 365,688
NET CURRENT ASSETS 1,202,967 979,221
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,594,572

1,262,024

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,594,571 1,262,023
SHAREHOLDERS' FUNDS 1,594,572 1,262,024

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 June 2025 and were signed by:




J H Martin - Director


MOBILITYPLUS WHEELCHAIRS LTD (REGISTERED NUMBER: 12139959)

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

1. STATUTORY INFORMATION

Mobilityplus Wheelchairs Ltd 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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 8 (2023 - 6 ) .

MOBILITYPLUS WHEELCHAIRS LTD (REGISTERED NUMBER: 12139959)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 23,000 160,054 18,882 73,371 275,307
Additions - 2,800 - 13,792 16,592
At 31 August 2024 23,000 162,854 18,882 87,163 291,899
DEPRECIATION
At 1 September 2023 5,750 43,714 8,260 19,926 77,650
Charge for year 4,313 29,786 2,655 21,790 58,544
At 31 August 2024 10,063 73,500 10,915 41,716 136,194
NET BOOK VALUE
At 31 August 2024 12,937 89,354 7,967 45,447 155,705
At 31 August 2023 17,250 116,340 10,622 53,445 197,657

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023 85,141
Additions 150,759
At 31 August 2024 235,900
NET BOOK VALUE
At 31 August 2024 235,900
At 31 August 2023 85,141

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 115
Other debtors 102,913 81,713
VAT 43,310 104,942
Prepayments 5,200 8,242
151,423 195,012

MOBILITYPLUS WHEELCHAIRS LTD (REGISTERED NUMBER: 12139959)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 13,807 24,380
Trade creditors 55,418 190,739
Tax 318,200 135,009
Social security and other taxes 15,769 (94 )
Other creditors 1,001 842
Directors' current accounts 231 312
Accruals and deferred income 9,000 14,500
413,426 365,688