REGISTERED NUMBER: 04126559 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MOBILE SOLUTIONS (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mrs G A Elder-Smith

Mr A C Smith

Registered office:

Chequers Road

West Meadows Industrial Estate

Derby

DE21 6EN

Registered number:

04126559 (England and Wales)

Accountants:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

Fixed assets

Tangible assets

4

81,062

61,528

Current assets

Stocks

5

68,570

83,176

Debtors

6

124,488

225,849

Cash at bank and in hand

333,656

386,397

526,714

695,422

Creditors

Amounts falling due within one year

7

(102,806

)

(207,438

)

Net current assets

423,908

487,984

Total assets less current liabilities

504,970

549,512

Provisions for liabilities

(20,265

)

(15,382

)

Net assets

484,705

534,130

Capital and reserves

Called up share capital

9

2

2

Retained earnings

10

484,703

534,128

Shareholders' funds

484,705

534,130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2025 and were signed on its behalf by:

Mrs G A Elder-Smith - Director

1.	STATUTORY INFORMATION

Mobile Solutions (UK) 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 & Machinery - 15 - 25% Reducing Balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

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 12 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

Cost

At 1 April 2024

117,124

Additions

37,651

Disposals

(8,740

)

At 31 March 2025

146,035

Depreciation

At 1 April 2024

55,596

Charge for year

17,193

Eliminated on disposal

(7,816

)

At 31 March 2025

64,973

Net book value

At 31 March 2025

81,062

At 31 March 2024

61,528

5.

STOCKS

2025

2024

£

£

Stocks

68,570

83,176

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

87,530

179,339

Other debtors

1,331

-

Directors' loan accounts

21,292

17,292

Prepayments

14,335

29,218

124,488

225,849

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

65,687

111,044

Tax

2,944

46,426

Social security and other taxes

7,274

9,174

VAT

21,218

34,596

Other creditors

1,713

2,228

Accruals and deferred income

3,970

3,970

102,806

207,438

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

37,997

37,997

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

534,128

Profit for the year

30,575

Dividends

(80,000

)

At 31 March 2025

484,703

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mrs G A Elder-Smith

Balance outstanding at start of year

9,977

7,607

Amounts advanced

42,000

42,370

Amounts repaid

-

(40,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

51,977

9,977

Mr A C Smith

Balance outstanding at start of year

7,314

4,944

Amounts advanced

42,000

42,370

Amounts repaid

-

(40,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

49,314

7,314

The balances outstanding will be cleared within nine months of the year end.

It is company policy to charge interest on all overdrawn loan accounts at HMRC official rate of interest.

12.	RELATED PARTY DISCLOSURES

The rent is paid in respect of a property owned by Mr A Smith and Mrs G Elder-Smith, the directors of the company.