Company Registration No. 6687829 (England and Wales)
Technical Mobility Support Limited
Unaudited accounts
for the year ended 31 March 2018
Technical Mobility Support Limited
Unaudited accounts
Contents
Technical Mobility Support Limited
Company Information
for the year ended 31 March 2018
Company Number
6687829 (England and Wales)
Registered Office
6 Downing Drive
Great Barton
Bury St Edmunds
Suffolk
IP31 2RP
Accountants
Merry Accountancy Services Ltd
6 Downing Drive
Great Barton
Bury St Edmunds
Suffolk
IP31 2RP
Technical Mobility Support Limited
Statement of financial position
as at
31 March 2018
Intangible assets
-
9,000
Tangible assets
49,351
47,457
Cash at bank and in hand
46,989
17,958
Creditors: amounts falling due within one year
(84,567)
(52,495)
Net current assets/(liabilities)
17,022
(8,657)
Total assets less current liabilities
66,373
47,800
Creditors: amounts falling due after more than one year
(39,893)
(42,965)
Called up share capital
105
105
Profit and loss account
26,375
4,730
Shareholders' funds
26,480
4,835
For the year ending 31 March 2018 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 director acknowledges his 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.
Approved by the Board on 4 May 2018.
Mr Toby Hall
Director
Company Registration No. 6687829
Technical Mobility Support Limited
Notes to the Accounts
for the year ended 31 March 2018
Technical Mobility Support Limited is a private company, limited by shares, registered in England and Wales, registration number 6687829. The registered office is 6 Downing Drive, Great Barton, Bury St Edmunds, Suffolk, IP31 2RP.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance
Motor vehicles
10% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
Charge for the year
9,000
Technical Mobility Support Limited
Notes to the Accounts
for the year ended 31 March 2018
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2017
15,508
53,139
68,647
Additions
749
15,495
16,244
Disposals
-
(13,995)
(13,995)
At 31 March 2018
16,257
54,639
70,896
At 1 April 2017
10,375
10,815
21,190
Charge for the year
827
5,538
6,365
On disposals
-
(6,010)
(6,010)
At 31 March 2018
11,202
10,343
21,545
At 31 March 2018
5,055
44,296
49,351
At 31 March 2017
5,133
42,324
47,457
Finished goods
12,622
7,515
Trade debtors
34,198
10,773
Accrued income and prepayments
5,000
4,625
Other debtors
2,780
2,967
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Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
5,683
6,200
Obligations under finance leases and hire purchase contracts
7,028
8,326
Trade creditors
32,122
23,855
Taxes and social security
19,617
9,829
Loans from directors
879
88
Technical Mobility Support Limited
Notes to the Accounts
for the year ended 31 March 2018
9
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
14,893
12,282
Non-equity preference shares
25,000
25,000
10
Share capital
2018
2017
Allotted, called up and fully paid:
105 Ordinary shares of £1 each
105
105
- Redeemable Preference Shares of £1 each
-
-
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Average number of employees
During the year the average number of employees was 3 (2017: 3).