IRM Mobility Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04006870 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2018

for

IRM Mobility Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

A P Caldecott

M C Caldecott

R Holloway

S A Hyett

SECRETARY:

Mrs O E A Caldecott

REGISTERED OFFICE:

Units 1 & 2 Armstrong Court

Armstrong Way

Yate

Bristol

BS37 5NG

REGISTERED NUMBER:

04006870 (England and Wales)

ACCOUNTANTS:

Derek J Stenner Ltd

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Tangible assets

4

18,418

24,557

CURRENT ASSETS

Stocks

113,235

115,052

Debtors

5

126,767

100,943

Cash at bank and in hand

46,707

44,313

286,709

260,308

CREDITORS

Amounts falling due within one year

6

109,101

89,796

NET CURRENT ASSETS

177,608

170,512

TOTAL ASSETS LESS CURRENT LIABILITIES

196,026

195,069

PROVISIONS FOR LIABILITIES

3,122

-

NET ASSETS

192,904

195,069

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

191,904

194,069

SHAREHOLDERS' FUNDS

192,904

195,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 March 2019 and were signed on its behalf by:

M C Caldecott - Director

1.	STATUTORY INFORMATION

IRM Mobility Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2017 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2017

2,397

70,127

25,379

97,903

Disposals

-

(22,948

)

-

(22,948

)

At 31 May 2018

2,397

47,179

25,379

74,955

DEPRECIATION

At 1 June 2017

333

50,368

22,645

73,346

Charge for year

516

4,940

683

6,139

Eliminated on disposal

-

(22,948

)

-

(22,948

)

At 31 May 2018

849

32,360

23,328

56,537

NET BOOK VALUE

At 31 May 2018

1,548

14,819

2,051

18,418

At 31 May 2017

2,064

19,759

2,734

24,557

5.

DEBTORS

2018

2017

£

£

Amounts falling due within one year:

Trade debtors

81,017

62,292

Other debtors

7,161

4,287

88,178

66,579

Amounts falling due after more than one year:

Amounts owed by group undertakings

38,589

34,364

Aggregate amounts

126,767

100,943

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Hire purchase contracts

275

327

Trade creditors

85,648

77,857

Taxation and social security

14,412

11,612

Other creditors

8,766

-

109,101

89,796

7.	RELATED PARTY DISCLOSURES

During the year the company paid £42,715, (2017 £28,138), in respect of management charges to IRM Bristol Limited, a

company owning 60% of the share capital of IRM Mobility Limited.

The company also paid £12,500, (2017 £12,500), in rent to IRM Properties Limited, a company under the control of M

Caldecott, a director of IRM Mobility Limited.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.

Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are

not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of IRM Mobility Ltd for the year ended 31 May 2018 which comprise the Income Statement, Balance Sheet and the

related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of IRM Mobility Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of IRM Mobility Ltd and state those matters that we have agreed to state to the Board of Directors of IRM Mobility Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IRM Mobility Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that IRM Mobility Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of IRM Mobility Ltd. You consider that IRM Mobility Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of IRM Mobility Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Derek J Stenner Ltd

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

Date: .............................................