REGISTERED NUMBER: |
MOI Global Limited |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
REGISTERED NUMBER: |
MOI Global Limited |
Unaudited Financial Statements |
for the Year Ended 31 December 2023 |
MOI Global Limited (Registered number: 10745699) |
Contents of the Financial Statements |
for the year ended 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
MOI Global Limited |
Company Information |
for the year ended 31 December 2023 |
Directors: |
Registered office: |
Registered number: |
MOI Global Limited (Registered number: 10745699) |
Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ |
Current assets |
Debtors | 5 |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 6 |
Shareholders' funds |
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. |
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 and authorised for issue on |
MOI Global Limited (Registered number: 10745699) |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | Statutory information |
MOI Global Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound. |
Preparation of consolidated financial statements |
The financial statements contain information about MOI Global Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Financial instruments |
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. |
Basic financial assets |
Basic financial assets, which include amounts owed by group undertakings, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised. |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Fixed asset investments |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: United States of America |
Nature of business: |
% |
Class of shares: | holding |
On 20 August 2021, the company acquired 100% of the share capital of MOI Global Inc, a company incorporated in the United States of America. As the shares held are No-Par Voting Common shares, the value of this investment is £nil. |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Amounts owed by group undertakings |
6. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
MOI Global Limited (Registered number: 10745699) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
7. | Related party disclosures |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
8. | Ultimate controlling party |
The ultimate parent company and the group into which the company's results are consolidated is Marketing Options Limited, whose registered office is the same as this company. The consolidated financial statements for Marketing Options Limited can be obtained from The Registrar of Companies, Companies House, Crown Way, Cardiff, CF14 3UZ. |