Company Registration No. 6687829 (England and Wales)
Technical Mobility Support Limited
Unaudited accounts
for the year ended 31 March 2021
Technical Mobility Support Limited
Unaudited accounts
Contents
Technical Mobility Support Limited
Company Information
for the year ended 31 March 2021
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 2021
Tangible assets
34,702
39,767
Inventories
22,890
23,390
Cash at bank and in hand
189,019
107,740
Creditors: amounts falling due within one year
(101,693)
(73,741)
Net current assets
139,384
70,847
Total assets less current liabilities
174,086
110,614
Creditors: amounts falling due after more than one year
(54,571)
(34,255)
Net assets
119,515
76,359
Called up share capital
105
105
Profit and loss account
119,410
76,254
Shareholders' funds
119,515
76,359
For the year ending 31 March 2021 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.
The financial statements were approved by the Board and authorised for issue on 11 May 2021 and were signed on its behalf by
Mr Toby Hall
Director
Company Registration No. 6687829
Technical Mobility Support Limited
Notes to the Accounts
for the year ended 31 March 2021
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
Technical Mobility Support Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2020
16,698
52,964
69,662
At 31 March 2021
17,665
52,964
70,629
At 1 April 2020
12,641
17,254
29,895
Charge for the year
676
5,356
6,032
At 31 March 2021
13,317
22,610
35,927
At 31 March 2021
4,348
30,354
34,702
At 31 March 2020
4,057
35,710
39,767
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
16,783
4,823
Accrued income and prepayments
7,035
5,000
7
Creditors: amounts falling due within one year
2021
2020
Obligations under finance leases and hire purchase contracts
4,684
4,369
Trade creditors
34,779
23,496
Taxes and social security
29,982
22,696
Other creditors
2,995
2,840
Loans from directors
11,648
10,908
8
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
4,571
9,255
Non-equity preference shares
-
25,000
9
Share capital
2021
2020
Allotted, called up and fully paid:
105 Ordinary shares of £1 each
105
105
Technical Mobility Support Limited
Notes to the Accounts
for the year ended 31 March 2021
10
Average number of employees
During the year the average number of employees was 3 (2020: 3).