REGISTERED NUMBER: 10637086 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Derbyshire Mobility Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R M Cartledge

REGISTERED OFFICE:

88 Derby Road

Ripley

Derbyshire

DE5 3HT

REGISTERED NUMBER:

10637086 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

255,682

293,258

255,682

293,258

CURRENT ASSETS

Stocks

188,952

135,408

Debtors

6

85,394

63,651

Cash at bank and in hand

73,850

59,540

348,196

258,599

CREDITORS

Amounts falling due within one year

7

396,314

249,580

NET CURRENT (LIABILITIES)/ASSETS

(48,118

)

9,019

TOTAL ASSETS LESS CURRENT LIABILITIES

207,564

302,277

CREDITORS

Amounts falling due after more than one year

8

(157,962

)

(206,805

)

PROVISIONS FOR LIABILITIES

(31,100

)

(23,385

)

NET ASSETS

18,502

72,087

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,402

71,987

SHAREHOLDERS' FUNDS

18,502

72,087

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

R M Cartledge - Director

1.	STATUTORY INFORMATION

Derbyshire Mobility 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 represents net invoiced sales of goods during the year, excluding value added tax. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received.

Goodwill

Goodwill has been fully amortised over 5 years.

Tangible fixed assets

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

Freehold property

-

Straight line over 50 years

Improvements to leasehold property

-

10% on cost

Fixtures, fittings and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for slow moving and obsolete items. Cost represents the invoiced cost of goods on a first in first out basis.

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.

Leasing and hire purchase commitments

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

11,000

AMORTISATION

At 1 April 2024

and 31 March 2025

11,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures,

to

fittings

Freehold

leasehold

and

Motor

property

property

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

100,000

92,245

40,446

167,957

400,648

Additions

-

-

3,748

-

3,748

At 31 March 2025

100,000

92,245

44,194

167,957

404,396

DEPRECIATION

At 1 April 2024

6,000

16,063

23,405

61,922

107,390

Charge for year

2,000

7,618

5,197

26,509

41,324

At 31 March 2025

8,000

23,681

28,602

88,431

148,714

NET BOOK VALUE

At 31 March 2025

92,000

68,564

15,592

79,526

255,682

At 31 March 2024

94,000

76,182

17,041

106,035

293,258

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

6,748

Other debtors

58,634

28,931

Director's current account

10,000

9,999

Prepayments and accrued income

16,760

17,973

85,394

63,651

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,296

7,378

Hire purchase contracts (see note 9)

41,810

12,426

Trade creditors

293,686

191,599

Tax

7,399

2,293

Social security and other taxes

7,997

7,259

Other creditors

27,578

20,362

Accrued expenses

9,548

8,263

396,314

249,580

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

97,944

107,774

Hire purchase contracts (see note 9)

60,018

99,031

157,962

206,805

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

41,810

12,426

Between one and five years

60,018

99,031

101,828

111,457

Non-cancellable

operating leases

2025

2024

£

£

Between one and five years

131,537

182,849

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

106,240

115,152

Hire purchase contracts

101,828

111,457

208,068

226,609

Debts are secured against the assets to which they relate.

The loan is secured by way of a a fixed and floating charge over the freehold property and its associated assets.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

There was a net advance of £10,000 to the director during the year. This was interest free and repayable on demand.