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REGISTERED NUMBER: 04648672 (England and Wales)














MOBAS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






MOBAS LIMITED (REGISTERED NUMBER: 04648672)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MOBAS LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2024







DIRECTORS: R Bryant
P Chaloner
A Tuckwell





SECRETARY:





REGISTERED OFFICE: Cambridge House
65 London Road
Cambridge
Cambridgeshire
CB22 5DG





REGISTERED NUMBER: 04648672 (England and Wales)






MOBAS LIMITED (REGISTERED NUMBER: 04648672)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 70,354 89,645
Investments 5 - 90
70,354 89,735

CURRENT ASSETS
Stocks 5,890 -
Debtors 591,398 491,398
Cash at bank and in hand 55,437 63,146
652,725 554,544
CREDITORS
Amounts falling due within one year 450,138 344,409
NET CURRENT ASSETS 202,587 210,135
TOTAL ASSETS LESS CURRENT
LIABILITIES

272,941

299,870

CREDITORS
Amounts falling due after more than one year (61,410 ) (99,450 )

PROVISIONS FOR LIABILITIES (11,551 ) (15,181 )
NET ASSETS 199,980 185,239

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 199,680 184,939
SHAREHOLDERS' FUNDS 199,980 185,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

MOBAS LIMITED (REGISTERED NUMBER: 04648672)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


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 Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2024 and were signed on its behalf by:




R Bryant - Director



P Chaloner - Director


MOBAS LIMITED (REGISTERED NUMBER: 04648672)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2024

1. STATUTORY INFORMATION

Mobas 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 - 25% on cost
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss Account, 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.

MOBAS LIMITED (REGISTERED NUMBER: 04648672)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued

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 25 (2023 - 25 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 196,714
Additions 4,067
Disposals (8,698 )
At 31 January 2024 192,083
DEPRECIATION
At 1 February 2023 107,069
Charge for year 23,358
Eliminated on disposal (8,698 )
At 31 January 2024 121,729
NET BOOK VALUE
At 31 January 2024 70,354
At 31 January 2023 89,645

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 February 2023 90
Disposals (90 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 90

6. RELATED PARTY DISCLOSURES

In the opinion of the board, the company is under the control of the Directors.