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REGISTERED NUMBER: 04661395 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2018

FOR

MOJO I.T. LIMITED

MOJO I.T. LIMITED (REGISTERED NUMBER: 04661395)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOJO I.T. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2018







DIRECTORS: M I Jones -Parry
O T N Pasinios





SECRETARY: O T N Pasinios





REGISTERED OFFICE: 19, Finns Business Park
Bowenhurst Lane
Crondall
Farnham
Surrey
GU10 5HP





REGISTERED NUMBER: 04661395 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
Church Street
Odiham
Hook
Hampshire
RG29 1LU

MOJO I.T. LIMITED (REGISTERED NUMBER: 04661395)

BALANCE SHEET
28 FEBRUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 125,410 125,685

CURRENT ASSETS
Stocks 71,594 66,575
Debtors 5 186,608 339,187
Cash at bank 226,491 102,198
484,693 507,960
CREDITORS
Amounts falling due within one year 6 298,291 233,951
NET CURRENT ASSETS 186,402 274,009
TOTAL ASSETS LESS CURRENT
LIABILITIES

311,812

399,694

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 311,712 399,594
SHAREHOLDERS' FUNDS 311,812 399,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 6 November 2018 and were signed on its behalf
by:





M I Jones -Parry - Director


MOJO I.T. LIMITED (REGISTERED NUMBER: 04661395)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2018

1. STATUTORY INFORMATION

Mojo I.T. Limited 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.
Land and buildings - not provided
Plant and machinery etc - 25% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Freehold property
Freehold property is included at fair value. The directors consider that fair value is the same as cost. Gains are
recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply
when the property is sold.

MOJO I.T. LIMITED (REGISTERED NUMBER: 04661395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2017
and 28 February 2018 125,000 11,249 136,249
DEPRECIATION
At 1 March 2017 - 10,564 10,564
Charge for year - 275 275
At 28 February 2018 - 10,839 10,839
NET BOOK VALUE
At 28 February 2018 125,000 410 125,410
At 28 February 2017 125,000 685 125,685

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 185,597 337,669
Other debtors 1,011 1,518
186,608 339,187

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 206,504 114,872
Taxation and social security 79,028 95,558
Other creditors 12,759 23,521
298,291 233,951