Top Marks Mobility Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07478239 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Top Marks Mobility Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr M H E Smith

Mrs T C Smith

SECRETARY:

Mrs T C Smith

REGISTERED OFFICE:

338 Margate Road

Ramsgate

Kent

CT12 6SQ

REGISTERED NUMBER:

07478239 (England and Wales)

ACCOUNTANTS:

MPH Accountancy and Business Advisors Ltd

99 Canterbury Road

Whitstable

Kent

CT5 4HG

FIXED ASSETS

Tangible assets

4

17,487

20,193

CURRENT ASSETS

Stocks

17,500

28,000

Debtors

5

6,083

10,774

Cash at bank and in hand

85,455

71,001

109,038

109,775

CREDITORS

Amounts falling due within one year

6

32,059

64,084

NET CURRENT ASSETS

76,979

45,691

TOTAL ASSETS LESS CURRENT
LIABILITIES

94,466

65,884

CREDITORS

Amounts falling due after more than one
year

7

3,636

9,275

NET ASSETS

90,830

56,609

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

90,730

56,509

SHAREHOLDERS' FUNDS

90,830

56,609

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

Mr M H E Smith - Director

1.	STATUTORY INFORMATION

Top Marks Mobility 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

COST

At 1 January 2024

4,787

7,725

1,820

Additions

-

Disposals

-

At 31 December 2024

4,787

7,725

1,820

DEPRECIATION

At 1 January 2024

-

5,471

1,475

Charge for year

-

336

51

Eliminated on disposal

-

At 31 December 2024

-

5,807

1,526

NET BOOK VALUE

At 31 December 2024

4,787

1,918

294

At 31 December 2023

4,787

2,254

345

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 January 2024

34,824

1,362

50,518

Additions

-

2,086

Disposals

(7,000

)

-

(7,000

)

At 31 December 2024

27,824

3,448

45,604

DEPRECIATION

At 1 January 2024

22,438

941

30,325

Charge for year

2,784

374

3,545

Eliminated on disposal

(5,753

)

-

(5,753

)

At 31 December 2024

19,469

1,315

28,117

NET BOOK VALUE

At 31 December 2024

8,355

2,133

17,487

At 31 December 2023

12,386

421

20,193

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

VAT

6,083

10,774

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

6,000

Trade creditors

11,540

31,475

Tax

12,250

2,761

Social security and other taxes

1,517

1,985

Pension fund

352

328

Other creditors

-

361

Directors' current accounts

400

21,174

32,059

64,084

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

Bank loans - 1-2 years

3,636

6,000

Bank loans - 2-5 years

-

3,275

3,636

9,275

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

56,509

Profit for the year

48,221

Dividends

(14,000

)

At 31 December 2024

90,730

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

MPH Accountancy and Business Advisors Ltd

99 Canterbury Road

Whitstable

Kent

CT5 4HG

10 September 2025