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REGISTERED NUMBER: 13571260 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Molbo Limited

Molbo Limited (Registered number: 13571260)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Molbo Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Mr J M Whitlow





REGISTERED OFFICE: 8 Old Bank
Ripponden
Sowerby Bridge
HX6 4DG





REGISTERED NUMBER: 13571260 (England and Wales)





ACCOUNTANTS: Wild & Co Chartered Accountants
Windsor House
Cornwall Road
Harrogate
HG1 2PW

Molbo Limited (Registered number: 13571260)

Abridged Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,800 849

CURRENT ASSETS
Debtors 16,505 16,158
Cash at bank 51,038 50,308
67,543 66,466
CREDITORS
Amounts falling due within one year 49,051 35,861
NET CURRENT ASSETS 18,492 30,605
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,292

31,454

PROVISIONS FOR LIABILITIES 5 912 -
NET ASSETS 21,380 31,454

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 21,280 31,354
SHAREHOLDERS' FUNDS 21,380 31,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Molbo Limited (Registered number: 13571260)

Abridged Balance Sheet - continued
31 August 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 14 November 2023 and were signed by:





Mr J M Whitlow - Director


Molbo Limited (Registered number: 13571260)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Molbo 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Fixtures and fittings - Straight line over 3 years
Computer equipment - Straight line over 3 years

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Molbo Limited (Registered number: 13571260)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022 1,273
Additions 4,231
At 31 August 2023 5,504
DEPRECIATION
At 1 September 2022 424
Charge for year 1,280
At 31 August 2023 1,704
NET BOOK VALUE
At 31 August 2023 3,800
At 31 August 2022 849

5. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£    £   
Deferred tax 912 -

Deferred
tax
£   
Charge to Income Statement during year 912
Balance at 31 August 2023 912

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary 1 100 100

Molbo Limited (Registered number: 13571260)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 August 2023 and the period ended 31 August 2022:

31.8.23 31.8.22
£    £   
Mr J M Whitlow
Balance outstanding at start of year (2,085 ) -
Amounts advanced (4,714 ) (6,319 )
Amounts repaid 5,928 4,234
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (871 ) (2,085 )

8. RELATED PARTY DISCLOSURES

The director loan of £871 is money advanced to the Company by the Director as at 31 August 2023. The loan is unsecured and interest free. The loan is repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J M Whitlow.