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NBR Mobility Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
The Laurel Partnership Ltd
16 Broad Street
Eye
Suffolk
IP23 7AF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07231153
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 124,462 90,070
124,462 90,070
CURRENT ASSETS
Stocks 5 185,472 175,540
Debtors 6 73,863 23,813
Cash at bank and in hand 97,800 168,840
357,135 368,193
Creditors: Amounts Falling Due Within One Year 7 (106,789 ) (122,430 )
NET CURRENT ASSETS (LIABILITIES) 250,346 245,763
TOTAL ASSETS LESS CURRENT LIABILITIES 374,808 335,833
Creditors: Amounts Falling Due After More Than One Year 8 (19,376 ) (11,540 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,069 ) (4,597 )
NET ASSETS 347,363 319,696
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 347,263 319,596
SHAREHOLDERS' FUNDS 347,363 319,696
Page 1
Page 2
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
On behalf of the board
Mr Nigel Rosenfeld
Director
08/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
NBR Mobility Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07231153 . The registered office is 142-144 Victoria Road, Diss, Norfolk, IP22 4JN.
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 discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 10)
10 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2024 4,124 163,375 2,452 7,245 177,196
Additions 27,724 52,445 - 1,852 82,021
Disposals - (14,500 ) - - (14,500 )
As at 30 April 2025 31,848 201,320 2,452 9,097 244,717
Depreciation
As at 1 May 2024 2,013 78,308 2,258 4,547 87,126
Provided during the period 5,967 32,339 29 1,138 39,473
Disposals - (6,344 ) - - (6,344 )
As at 30 April 2025 7,980 104,303 2,287 5,685 120,255
Net Book Value
As at 30 April 2025 23,868 97,017 165 3,412 124,462
As at 1 May 2024 2,111 85,067 194 2,698 90,070
5. Stocks
2025 2024
£ £
Finished goods 185,472 175,540
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 73,863 23,813
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 10,667 -
Trade creditors 37,858 75,634
Bank loans and overdrafts 10,650 10,000
Other creditors 44,502 7,533
Taxation and social security 3,112 29,263
106,789 122,430
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 18,666 -
Bank loans 710 11,540
19,376 11,540
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 10,667 -
Later than one year and not later than five years 18,666 -
29,333 -
29,333 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5