2023-06-01 11352269 2024-05-31 11352269 2023-06-01 2024-05-31 11352269 2023-05-31 11352269 2022-06-01 2023-05-31 11352269 uk-core:WithinOneYear 2023-05-31 11352269 uk-core:WithinOneYear 2024-05-31 11352269 uk-core:ShareCapital 2024-05-31 11352269 uk-core:ShareCapital 2023-05-31 11352269 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 11352269 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 11352269 uk-bus:Director1 2023-06-01 2024-05-31 11352269 uk-core:ComputerEquipment 2023-06-01 2024-05-31 11352269 uk-core:FurnitureFittings 2023-06-01 2024-05-31 11352269 uk-core:ComputerEquipment 2023-05-31 11352269 uk-core:FurnitureFittings 2023-05-31 11352269 uk-core:FurnitureFittings 2024-05-31 11352269 uk-core:ComputerEquipment 2024-05-31 iso4217:GBP xbrli:pure 11352269 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 11352269 uk-bus:FRS102 2023-06-01 2024-05-31 11352269 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 11352269 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Mobilize Limited
Registered Number:11352269
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Mobilize Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
11352269
As at 31 May 2024
Mobilize Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,963
412
2
1,963
412
Current assets
Trade and other receivables
30,359
27,000
4
86,017
Cash and cash equivalents
18,960
45,960
116,376
Trade and other payables: amounts falling due within one
year
(31,668)
(10,474)
5
84,708
35,486
Net current assets
Total assets less current liabilities
37,449
85,120
37,449
Net assets
85,120
Capital and reserves
Called up share capital
100
100
Retained earnings
37,349
85,020
37,449
85,120
Shareholders' funds
For the year ended 31 May 2024 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr A.M.Morgan Director
These financial statements were approved and authorised for issue by the Board on 15 August 2024 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 May 2024
Mobilize Limited
Notes to the Financial Statements
Statutory Information
Mobilize Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
11352269.
Registered address:
Oaklands
Little Basing
Old Basing
Basingstoke
RG24 8AX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value, under contract, of consulting services, excluding value added tax. Turnover is recognised in accordance with the contract terms, with contracts on-going over the year end treated in accordance with the accounting policy set out under the heading "work in progress".
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
3 Years Straight line
Computer Equipment
3 Years Straight line
Furniture and Fittings
Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transcation price.
Any losses arising from impairment are recognised in the statement of comprehensive income within administrative
expenses.
Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the
individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the
assest cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds
its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.
2 of 4
5
For the year ended 31 May 2024
Mobilize Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 June 2023
6,264
5,914
350
2,947
2,947
-
Additions
(4,679)
-
Disposals
(4,679)
At 31 May 2024
350
4,182
4,532
Provision for depreciation and impairment
At 01 June 2023
5,852
5,502
350
Charge for year
1,396
1,396
-
(4,679)
(4,679)
-
On disposal
At 31 May 2024
2,569
2,219
350
At 31 May 2024
Net book value
-
1,963
1,963
At 31 May 2023
-
412
412
3. Inventories
Income on work in progress contracts is recognised by reference to the valuation of the time spent on each contract at the year end. Profit on work in progress contracts is recognised when the outcome of the contracts can be assessed with reasonable certainty, and is that amount which is estimated to reflect fairly the profit arising up at the year end.Profit on work in progress contracts is reflected in the profit and loss account as the difference between the reported turnover, and the related costs.
4. Trade and other receivables
2023
2024
£
£
Trade debtors
27,000
29,375
Other debtors
-
984
30,359
27,000
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
9,470
11,312
Other creditors
1,004
20,356
10,474
31,668
3 of 4
6
For the year ended 31 May 2024
Mobilize Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
4 of 4