Mountsides Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 03081478

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		33,623		41,750

			33,623		41,750
CURRENT ASSETS
Debtors		413,939		458,118
Cash at bank and in hand		253,288		210,169

		667,227		668,287
Creditors: Amounts Falling Due Within One Year		(126,055 )		(138,208 )

NET CURRENT ASSETS (LIABILITIES)			541,172		530,079

TOTAL ASSETS LESS CURRENT LIABILITIES			574,795		571,829

Creditors: Amounts Falling Due After More Than One Year			(4,131 )		(14,261 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,388 )		-

NET ASSETS			564,276		557,568

CAPITAL AND RESERVES
Called up share capital	5		1,000		1,000
Profit and Loss Account			563,276		556,568

SHAREHOLDERS' FUNDS			564,276		557,568

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Mountsides Limited

Abridged Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Kevin Duffy Director	Mr Christopher Andrews Director
25 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mountsides Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03081478 . The registered office is 2 Mountside, Stanmore, Middlesex, HA7 2DT.

The presentation currency of the financial statements is the Pound Sterling (£)

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable net of value added taxes.

Revenue includes estimates of amounts not invoiced on on-going services, recognised by reference to the stage of completion of the actual services provided at the balance sheet date.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on cost

2.4. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2023: 14)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	122,062
Additions	3,780
Disposals	(37,873 )

As at 31 December 2024	87,969

...CONTINUED

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Mountsides Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	80,312
Provided during the period	10,425
Disposals	(36,391 )

As at 31 December 2024	54,346

Net Book Value
As at 31 December 2024	33,623

As at 1 January 2024	41,750

5. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,000	1,000

6. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2024	2023
	£	£
Not later than one year	43,620	43,620
Later than one year and not later than five years	174,480	174,480
Later than five years	118,800	130,860

	336,900	348,960

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