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Filleted
Registration number: 10162338

Mobile Sheep Services Limited
trading as Made at Moithan
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Mobile Sheep Services Limited
trading as Made at Moithan

Contents

Company Information | 1
Director's Report | 2
Accountants' Report | 3
Balance Sheet | 4
Notes to the Unaudited Financial Statements | 5 to 9

Mobile Sheep Services Limited
trading as Made at Moithan

Company Information

Director | Mrs A R W Watts

Registered office | Moithan Fields Martletwy Narberth SA67 8BA

Mobile Sheep Services Limited
trading as Made at Moithan

Director's Report for the Year Ended 31 March 2025

The director presents her report and the financial statements for the year ended 31 March 2025.

Director of the company

The director who held office during the year was as follows:

Mrs A R W Watts

Principal activity

The principal activity of the company is Support activities for animal production

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the director on 20 March 2026 and signed on its behalf by:

......................................... Mrs A R W Watts Director |  |

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Mobile Sheep Services Limited
trading as Made at Moithan
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mobile Sheep Services Limited for the year ended 31 March 2025 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants (ACCA), we are subject to its ethical and other professional requirements which are disclosed and available at the following website https://www.accaglobal.com/gb/en/about-us/regulation/rulebook.html.

This report is made solely to the Board of Directors of Mobile Sheep Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Mobile Sheep Services Limited and state those matters that we have agreed to state to the Board of Directors of Mobile Sheep Services Limited, as a body, in this report in accordance with the requirements of the ACCA as detailed at the following website http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mobile Sheep Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Mobile Sheep Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Mobile Sheep Services Limited. You consider that Mobile Sheep Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Mobile Sheep Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
LHP Accountants Ltd
Chartered Certified Accountants
1st Floor
Agriculture House
Winch Lane
Haverfordwest
Pembrokeshire
SA61 1RW

20 March 2026

Mobile Sheep Services Limited
trading as Made at Moithan

(Registration number: 10162338)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 6,791 | 7,934
Current assets |  |  |
Stocks | 5 | 1,634 | 1,646
Debtors | 6 | 37,689 | 22,743
Cash at bank and in hand |  | 1,578 | 2,216
|  | 40,901 | 26,605
Creditors: Amounts falling due within one year | 7 | (51,440) | (35,130)
Net current liabilities |  | (10,539) | (8,525)
Total assets less current liabilities |  | (3,748) | (591)
Provisions for liabilities |  | (1,290) | (1,507)
Net liabilities |  | (5,038) | (2,098)
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Retained earnings |  | (5,040) | (2,100)
Shareholders' deficit |  | (5,038) | (2,098)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Approved and authorised by the director on 20 March 2026

......................................... Mrs A R W Watts Director |  |

Mobile Sheep Services Limited
trading as Made at Moithan

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in Wales.

The address of its registered office is:
Moithan Fields
Martletwy
Narberth
SA67 8BA

These financial statements were authorised for issue by the director on 20 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Mobile Sheep Services Limited
trading as Made at Moithan

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 15% reducing balance
Motor vehicles | 20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Mobile Sheep Services Limited
trading as Made at Moithan

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 April 2024 | 9,082 | 7,482 | 16,564
Additions | 190 | - | 190
At 31 March 2025 | 9,272 | 7,482 | 16,754
Depreciation
At 1 April 2024 | 3,763 | 4,867 | 8,630
Charge for the year | 810 | 523 | 1,333
At 31 March 2025 | 4,573 | 5,390 | 9,963
Carrying amount
At 31 March 2025 | 4,699 | 2,092 | 6,791
At 31 March 2024 | 5,319 | 2,615 | 7,934

5 | Stocks

Mobile Sheep Services Limited
trading as Made at Moithan

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

| 2025 £ | 2024 £
Work in progress | 1,134 | 1,146
Other inventories | 500 | 500
| 1,634 | 1,646

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | - | 188
Other debtors | 37,689 | 22,555
| 37,689 | 22,743

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 1,171 | 2,017
Other creditors |  | 50,269 | 33,113
|  | 51,440 | 35,130

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2

Mobile Sheep Services Limited
trading as Made at Moithan

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9 | Related party transactions

Transactions with the director

2025 | At 1 April 2024 £ | Advances to director £ | At 31 March 2025 £
Mrs A R W Watts
Interest free loan with no fixed payment term | 16,167 | 11,432 | 27,599

2024 | At 1 April 2023 £ | Advances to director £ | At 31 March 2024 £
Mrs A R W Watts
Interest free loan with no fixed payment term | 3,965 | 12,202 | 16,167