0 false false false false false false false false false false true false false true false true false No description of principal activity 2023-12-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 10081479 2023-12-01 2024-11-30 10081479 2024-11-30 10081479 2023-11-30 10081479 2022-12-01 2023-11-30 10081479 2023-11-30 10081479 2022-11-30 10081479 core:PlantMachinery 2023-12-01 2024-11-30 10081479 core:MotorVehicles 2023-12-01 2024-11-30 10081479 bus:Director1 2023-12-01 2024-11-30 10081479 core:WithinOneYear 2024-11-30 10081479 core:WithinOneYear 2023-11-30 10081479 core:ShareCapital 2024-11-30 10081479 core:ShareCapital 2023-11-30 10081479 core:RetainedEarningsAccumulatedLosses 2024-11-30 10081479 core:RetainedEarningsAccumulatedLosses 2023-11-30 10081479 bus:SmallEntities 2023-12-01 2024-11-30 10081479 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 10081479 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 10081479 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10081479 bus:FullAccounts 2023-12-01 2024-11-30
COMPANY REGISTRATION NUMBER: 10081479
MOUNTAIN TRAILERS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 November 2024
MOUNTAIN TRAILERS LIMITED
STATEMENT OF FINANCIAL POSITION
30 November 2024
2024
2023
Note
£
£
£
£
CURRENT ASSETS
Debtors
4
30,908
300,917
Cash at bank and in hand
6,751
132,060
---------
----------
37,659
432,977
CREDITORS: amounts falling due within one year
5
29,295
24,467
---------
----------
NET CURRENT ASSETS
8,364
408,510
-------
----------
TOTAL ASSETS LESS CURRENT LIABILITIES
8,364
408,510
-------
----------
NET ASSETS
8,364
408,510
-------
----------
MOUNTAIN TRAILERS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 November 2024
2024
2023
Note
£
£
£
£
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
8,264
408,410
-------
----------
SHAREHOLDERS FUNDS
8,364
408,510
-------
----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 29 August 2025 , and are signed on behalf of the board by:
A M Tinker
Director
Company registration number: 10081479
MOUNTAIN TRAILERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 NOVEMBER 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Event House, 45 Coal Pit Lane, Lower Cumberworth, Huddersfield, West Yorkshire, HD8 8PL.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable from hire of vehicles, stated net of discounts and of Value Added Tax.
Current and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery
-
20% reducing balance
Motor Vehicles
-
25% reducing balance
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
4. DEBTORS
2024
2023
£
£
Trade debtors
75,585
Amounts owed by group undertakings and undertakings in which the company has a participating interest
30,908
217,823
Other debtors
7,509
---------
----------
30,908
300,917
---------
----------
5. CREDITORS: amounts falling due within one year
2024
2023
£
£
Trade creditors
22,324
12,167
Social security and other taxes
971
9,800
Other creditors
6,000
2,500
---------
---------
29,295
24,467
---------
---------
6. CONTROLLING PARTY
The company's ultimate holding company is Northern Marquees Limited, a company incorporated in England. The address of the registered office is Event House, 45 Coal Pit Lane, Lower Cumberworth, Huddersfield, West Yorkshire, HD8 8PL .