Accounts filed on 31-12-2021

Accounts filed on 31-12-2021

MOBILE DATA COLLECTION LIMITED - Company Information

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05040321falsethe supply of data capture equipment 2021-04-012021-12-31http://www.companieshouse.gov.uk/2021-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2021-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-03-31http://www.companieshouse.gov.uk/cd:Director12021-04-012021-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2021-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-12-31http://www.companieshouse.gov.uk/cd:Director22021-04-012021-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2021-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2021-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12021-04-012021-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2021-04-012021-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2021-04-012021-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-03-31http://www.companieshouse.gov.uk/2021-04-012021-12-31http://www.companieshouse.gov.uk/2021-03-31http://www.companieshouse.gov.uk/cd:FRS1022021-04-012021-12-31http://www.companieshouse.gov.uk/2021-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2021-04-012021-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2021-04-012021-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05040321
MOBILE DATA COLLECTION LIMITED
ACCOUNTS
FOR THE 275 DAY PERIOD ENDED 31/12/2021
Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
MOBILE DATA COLLECTION LIMITED
ACCOUNTS
FOR THE 275 DAY PERIOD ENDED 31/12/2021
DIRECTORS
Stefanie Spaude
Richard Beasley
SECRETARY
Richard Beasley
REGISTERED OFFICE
Unit A1 Lambs Farm Business Park
Basingstoke Road
Swallowfield
Reading
RG7 1PQ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05040321
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
MOBILE DATA COLLECTION LIMITED
BALANCE SHEET AT 31/12/2021
20212020
Notes££
FIXED ASSETS
Tangible assets223,86329,810
CURRENT ASSETS
Stock11,751106,244
Debtors4216,158599,343
Cash at bank and in hand188,372222,248
416,281927,835
CREDITORS: Amounts falling due within one year5258,463727,510
NET CURRENT ASSETS157,818200,325
TOTAL ASSETS LESS CURRENT LIABILITIES181,681230,135
CREDITORS: Amounts falling due after more than one year642,08342,500
PROVISIONS FOR LIABILITIES AND CHARGES84,3385,437
NET ASSETS135,260182,198
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account135,160182,098
SHAREHOLDERS' FUNDS135,260182,198
For the year ending 31/12/2021 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 15/03/2023 and signed on their behalf by
.............................
Stefanie Spaude
Director
MOBILE DATA COLLECTION LIMITED
NOTES TO THE ACCOUNTS
FOR THE 275 DAY PERIOD ENDED 31/12/2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
MOBILE DATA COLLECTION LIMITED
2. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 01/04/202149,87155,982105,853
At 31/12/202149,87155,982105,853
Depreciation
At 01/04/202131,40744,63676,043
For the 275 day period3,4662,4815,947
At 31/12/202134,87347,11781,990
Net Book Amounts
At 31/12/202114,9988,86523,863
At 31/03/202118,46411,34629,810
3. STOCK 20212020
££
Stock comprises:
Stock11,751102,021
Work in progress-4,223
11,751106,244
4. DEBTORS 20212020
££
Amounts falling due within one year
Trade debtors204,158584,743
Other debtors5,5008,100
Prepayments6,5006,500
216,158599,343
MOBILE DATA COLLECTION LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20212020
££
UK corporation tax13,83520,656
VAT50,42537,614
PAYE control6,18832,164
Directors current account147314
Bank Loan5,0007,500
Trade creditors178,173627,369
Pension schemes859-
Accruals3,8361,893
258,463727,510
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20212020
££
Bank loans (unsecured) >1yr42,08342,500
42,08342,500
7. EMPLOYEES
20212020
No.No.
Average number of employees1012
8. PROVISIONS FOR LIABILITIES 20212020
££
Deferred taxation4,3385,437
4,3385,437
MOBILE DATA COLLECTION LIMITED
9. SHARE CAPITAL 20212020
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100