Company Registration No. 00863266 (England and Wales)
Island Mobility Limited
Unaudited accounts
for the year ended 31 December 2025
Island Mobility Limited
Unaudited accounts
Contents
Island Mobility Limited
Company Information
for the year ended 31 December 2025
Directors
Marcus Horton
Robert Horton
Julie Horton
Alexander Horton
Secretary
Kathleen Hawkins
Company Number
00863266 (England and Wales)
Registered Office
32 Dodnor Lane
Newport
Isle Of Wight
PO30 5XA
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Island Mobility Limited
Statement of financial position
as at 31 December 2025
Tangible assets
568,322
234,203
Inventories
148,980
133,836
Cash at bank and in hand
106,869
107,443
Creditors: amounts falling due within one year
(529,974)
(88,548)
Net current (liabilities)/assets
(147,796)
184,091
Total assets less current liabilities
420,526
418,294
Provisions for liabilities
Deferred tax
(35,173)
(15,935)
Net assets
385,353
402,359
Called up share capital
1,604
1,504
Profit and loss account
383,749
400,855
Shareholders' funds
385,353
402,359
For the year ending 31 December 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2026 and were signed on its behalf by
Robert Horton
Director
Company Registration No. 00863266
Island Mobility Limited
Notes to the Accounts
for the year ended 31 December 2025
Island Mobility Limited is a private company, limited by shares, registered in England and Wales, registration number 00863266. The registered office is 32 Dodnor Lane, Newport, Isle Of Wight, PO30 5XA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
20 - 25% Straight Line
Motor vehicles
20% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Expenditure on research and development is written off in the year in which it is incurred.
4
Intangible fixed assets
Goodwill
At 31 December 2025
75,000
At 31 December 2025
75,000
Island Mobility Limited
Notes to the Accounts
for the year ended 31 December 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
-
653,294
162,596
815,890
Additions
399,260
13,053
-
412,313
Disposals
-
(37,853)
-
(37,853)
At 31 December 2025
399,260
628,494
162,596
1,190,350
At 1 January 2025
-
528,168
53,519
581,687
Charge for the year
-
50,059
6,504
56,563
On disposals
-
(16,222)
-
(16,222)
At 31 December 2025
-
562,005
60,023
622,028
At 31 December 2025
399,260
66,489
102,573
568,322
At 31 December 2024
-
125,126
109,077
234,203
Amounts falling due within one year
Trade debtors
29,644
20,821
Accrued income and prepayments
6,698
-
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
43,001
6,871
Taxes and social security
73,269
30,047
Other creditors
21,894
48,515
Loans from directors
389,266
-
8
Transactions with related parties
During the year, the company acquired a freehold commercial property from a director of the company for consideration of £385,000 plus additional costs. The transaction was conducted at market value.
The property comprises land and buildings and is recognised within tangible fixed assets at cost. The purchase was funded by director's loan account.
9
Average number of employees
During the year the average number of employees was 13 (2024: 12).