1 May 2022 false No description of principal activity Taxfiler 2023.11.1 12574374business:PrivateLimitedCompanyLtd2022-05-012023-04-30 125743742022-04-30 125743742022-05-012023-04-30 12574374business:AuditExemptWithAccountantsReport2022-05-012023-04-30 12574374business:FilletedAccounts2022-05-012023-04-30 125743742023-04-30 12574374business:Director12022-05-012023-04-30 12574374business:RegisteredOffice2022-05-012023-04-30 125743742022-04-30 12574374core:WithinOneYear2023-04-30 12574374core:WithinOneYear2022-04-30 12574374core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 12574374core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 12574374core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 12574374core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 12574374core:PreviouslyStatedAmount2023-04-30 12574374core:PreviouslyStatedAmount2022-04-30 12574374business:SmallEntities2022-05-012023-04-30 12574374countries:EnglandWales2022-05-012023-04-30 12574374core:FurnitureFittings2022-05-012023-04-30 12574374core:ComputerEquipment2022-05-012023-04-30 12574374core:FurnitureFittings2022-04-30 12574374core:ComputerEquipment2022-04-30 12574374core:FurnitureFittings2023-04-30 12574374core:ComputerEquipment2023-04-30 125743742021-05-012022-04-30 iso4217:GBP xbrli:pure
Company Registration No. 12574374 (England and Wales)
MOSAIC INNOVATION LTD Unaudited accounts for the year ended 30 April 2023
MOSAIC INNOVATION LTD Unaudited accounts Contents
Page
- 2 -
MOSAIC INNOVATION LTD Company Information for the year ended 30 April 2023
Director
Colin Philip Duff
Company Number
12574374 (England and Wales)
Registered Office
124 City Road London England EC1V 2NX
Accountants
Premier UK Business LLP Lyndum House 12 High street Petersfield United Kingdom GU32 3JG
- 3 -
MOSAIC INNOVATION LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,847 
4,043 
Current assets
Debtors
14,968 
5,838 
Cash at bank and in hand
123,643 
383,353 
138,611 
389,191 
Creditors: amounts falling due within one year
(118,994)
(323,252)
Net current assets
19,617 
65,939 
Total assets less current liabilities
22,464 
69,982 
Provisions for liabilities
Deferred tax
(541)
(768)
Net assets
21,923 
69,214 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
21,913 
69,204 
Shareholders' funds
21,923 
69,214 
For the year ending 30 April 2023 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 26 December 2023 and were signed on its behalf by
Colin Philip Duff Director Company Registration No. 12574374
- 4 -
MOSAIC INNOVATION LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
MOSAIC INNOVATION LTD is a private company, limited by shares, registered in England and Wales, registration number 12574374. The registered office is 124 City Road, London, England, EC1V 2NX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% SL
Computer equipment
25% SL
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2022
3,563 
2,947 
6,510 
Additions
- 
520 
520 
At 30 April 2023
3,563 
3,467 
7,030 
Depreciation
At 1 May 2022
1,335 
1,132 
2,467 
Charge for the year
909 
807 
1,716 
At 30 April 2023
2,244 
1,939 
4,183 
Net book value
At 30 April 2023
1,319 
1,528 
2,847 
At 30 April 2022
2,228 
1,815 
4,043 
- 5 -
MOSAIC INNOVATION LTD Notes to the Accounts for the year ended 30 April 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,940 
5,340 
Other debtors
3,028 
498 
14,968 
5,838 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,826 
332 
Trade creditors
110 
27 
Taxes and social security
46,451 
39,969 
Loans from directors
51,157 
195,901 
Accruals
8,450 
87,023 
118,994 
323,252 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -