Mostrack Limited - Filleted accounts

Registered number

04998550

Mostrack Limited

Filleted Accounts

31 May 2026

Mostrack Limited

Company Information

Directors

A Cochrane

Mrs V L Rees

Accountants

Anderson Griffin

Rotunda Buildings

Montpellier Exchange

Cheltenham

Glos

Registered office

Motor Mods

Stoke Road

Tredington

Tewkesbury

Glos

Registered number

04998550

Mostrack Limited
Registered number:		04998550
Balance Sheet
as at 31 May 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		24,970			41,215

Current assets
Stocks		10,000			10,000
Debtors	4	168,694			154,532
Cash at bank and in hand		128,512			151,806
		307,206			316,338

Creditors: amounts falling due within one year	5	(92,092)			(75,901)

Net current assets			215,114			240,437

Total assets less current liabilities			240,084			281,652

Creditors: amounts falling due after more than one year	6		-			(6,000)


Net assets			240,084			275,652

Capital and reserves
Called up share capital			10			10
Profit and loss account			240,074			275,642

Shareholders' funds			240,084			275,652

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Cochrane
Director
Approved by the board on 30 June 2026

Mostrack Limited
Notes to the Accounts
for the year ended 31 May 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and fittings			over 4 years
	Plant and machinery			over 4 years
	Motor vehicles			over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					10		9


3	Tangible fixed assets
		Fixtures and fittings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 June 2025	79,017		31,880		48,443		159,340
	At 31 May 2026	79,017		31,880		48,443		159,340

	Depreciation
	At 1 June 2025	79,017		26,995		12,113		118,125
	Charge for the year	-		4,135		12,110		16,245
	At 31 May 2026	79,017		31,130		24,223		134,370

	Net book value
	At 31 May 2026	-		750		24,220		24,970
	At 31 May 2025	-		4,885		36,330		41,215


4	Debtors					2026		2025
£							£

	Trade debtors					34,704		16,642
	Intercompany loan					132,690		132,690
	Other debtors					1,300		5,200
						168,694		154,532


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					65,840		50,210
	Taxation and social security costs					22,752		22,191
	Other creditors					3,500		3,500
						92,092		75,901


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		6,000


7	Controlling party

	The company is controlled by A Cochrane.


8	Other information

	Mostrack Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Motor Mods
	Stoke Road
	Tredington
	Tewkesbury
	Glos