REGISTERED NUMBER: 01722241 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

MOBILE PALLETS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Hollingworth

SECRETARY:

Mrs Mumford

REGISTERED OFFICE:

Riverside Works

Egmont Street

Mossley

Ashton Under Lyne

OL5 9PY

REGISTERED NUMBER:

01722241 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Barclays Bank PLC

1 Yorkshire Street

Rochdale

Lancashire

FIXED ASSETS

Tangible assets

4

45,503

49,708

Investments

5

-

12,630

45,503

62,338

CURRENT ASSETS

Stocks

189,800

222,600

Debtors

6

467,988

374,899

Cash at bank

104,086

51,145

761,874

648,644

CREDITORS

Amounts falling due within one year

7

361,146

341,333

NET CURRENT ASSETS

400,728

307,311

TOTAL ASSETS LESS CURRENT LIABILITIES

446,231

369,649

CREDITORS

Amounts falling due after more than one year

8

-

10,524

NET ASSETS

446,231

359,125

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

446,131

359,025

446,231

359,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2026 and were signed by:

A Hollingworth - Director

1.	STATUTORY INFORMATION

Mobile Pallets 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 is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are initially recorded at cost.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 Statement of Income and Retained Earnings, 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

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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

120,853

10,842

29,320

161,015

Additions

5,250

-

-

5,250

At 31 December 2025

126,103

10,842

29,320

166,265

DEPRECIATION

At 1 January 2025

85,150

8,949

17,208

111,307

Charge for year

6,143

284

3,028

9,455

At 31 December 2025

91,293

9,233

20,236

120,762

NET BOOK VALUE

At 31 December 2025

34,810

1,609

9,084

45,503

At 31 December 2024

35,703

1,893

12,112

49,708

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

29,320

DEPRECIATION

At 1 January 2025

17,208

Charge for year

3,028

At 31 December 2025

20,236

NET BOOK VALUE

At 31 December 2025

9,084

At 31 December 2024

12,112

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2025

12,630

Disposals

(12,630

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

12,630

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

348,982

353,228

Other debtors

119,006

21,671

467,988

374,899

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5,000

10,000

Hire purchase contracts (see note 9)

5,524

5,524

Trade creditors

267,536

223,683

Taxation and social security

46,775

95,631

Other creditors

36,311

6,495

361,146

341,333

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

5,000

Hire purchase contracts (see note 9)

-

5,524

-

10,524

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Net obligations repayable:

Within one year

5,524

5,524

Between one and five years

-

5,524

5,524

11,048

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

14,242

14,242

Between one and five years

25,892

39,614

40,134

53,856

10.	SECURED DEBTS

Bank overdrafts are secured by a fixed and floating charge over all property and undertakings of the company.