IRIS Accounts Production v24.3.0.553 09457267 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false A Ordinary Shares 1.00000 B Ordinary Shares 1.00000 C Ordinary Shares 1.00000 D Ordinary Shares 2.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094572672023-02-28094572672024-02-29094572672023-03-012024-02-29094572672022-02-28094572672022-03-012023-02-28094572672023-02-2809457267ns15:EnglandWales2023-03-012024-02-2909457267ns14:PoundSterling2023-03-012024-02-2909457267ns10:Director12023-03-012024-02-2909457267ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2909457267ns10:SmallEntities2023-03-012024-02-2909457267ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2909457267ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2909457267ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2909457267ns10:FullAccounts2023-03-012024-02-2909457267ns10:OrdinaryShareClass12023-03-012024-02-2909457267ns10:OrdinaryShareClass22023-03-012024-02-2909457267ns10:OrdinaryShareClass32023-03-012024-02-2909457267ns10:OrdinaryShareClass42023-03-012024-02-2909457267ns5:CurrentFinancialInstruments2024-02-2909457267ns5:CurrentFinancialInstruments2023-02-2809457267ns5:Non-currentFinancialInstruments2024-02-2909457267ns5:Non-currentFinancialInstruments2023-02-2809457267ns5:ShareCapital2024-02-2909457267ns5:ShareCapital2023-02-2809457267ns5:RetainedEarningsAccumulatedLosses2024-02-2909457267ns5:RetainedEarningsAccumulatedLosses2023-02-2809457267ns10:RegisteredOffice2023-03-012024-02-2909457267ns5:MotorVehicles2023-02-2809457267ns5:ComputerEquipment2023-02-2809457267ns5:MotorVehicles2023-03-012024-02-2909457267ns5:ComputerEquipment2023-03-012024-02-2909457267ns5:MotorVehicles2024-02-2909457267ns5:ComputerEquipment2024-02-2909457267ns5:MotorVehicles2023-02-2809457267ns5:ComputerEquipment2023-02-2809457267ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2909457267ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2809457267ns10:OrdinaryShareClass12024-02-2909457267ns10:OrdinaryShareClass22024-02-2909457267ns10:OrdinaryShareClass32024-02-2909457267ns10:OrdinaryShareClass42024-02-29094572671ns10:Director12023-02-28094572671ns10:Director12022-02-28094572671ns10:Director12023-03-012024-02-29094572671ns10:Director12022-03-012023-02-28094572671ns10:Director12024-02-29094572671ns10:Director12023-02-28
REGISTERED NUMBER: 09457267 (England and Wales)















Unaudited Financial Statements for the Year Ended 29th February 2024

for

Mobius Health Ltd

Mobius Health Ltd (Registered number: 09457267)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Mobius Health Ltd (Registered number: 09457267)

Balance Sheet
29th February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,574 573

CURRENT ASSETS
Debtors 5 365,815 388,730
Cash at bank 990,826 754,885
1,356,641 1,143,615
CREDITORS
Amounts falling due within one year 6 129,699 47,324
NET CURRENT ASSETS 1,226,942 1,096,291
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,260,516

1,096,864

CREDITORS
Amounts falling due after more than one year 7 (29,987 ) -

PROVISIONS FOR LIABILITIES (6,379 ) (109 )
NET ASSETS 1,224,150 1,096,755

CAPITAL AND RESERVES
Called up share capital 8 103 103
Retained earnings 1,224,047 1,096,652
SHAREHOLDERS' FUNDS 1,224,150 1,096,755

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

Mobius Health Ltd (Registered number: 09457267)

Balance Sheet - continued
29th February 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 30th November 2024 and were signed on its behalf by:





Dr V Khanduja - Director


Mobius Health Ltd (Registered number: 09457267)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. COMPANY INFORMATION

Mobius Health Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09457267

Registered office: The Lexicon
Mount Street
Manchester
M2 5NT

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets
Tangible Fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:

Computer Equipments - 25% on cost
Motor Vehicles - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to the profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Mobius Health Ltd (Registered number: 09457267)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

2. ACCOUNTING POLICIES - continued
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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st March 2023 - 3,335 3,335
Additions 43,380 899 44,279
At 29th February 2024 43,380 4,234 47,614
DEPRECIATION
At 1st March 2023 - 2,762 2,762
Charge for year 10,845 433 11,278
At 29th February 2024 10,845 3,195 14,040
NET BOOK VALUE
At 29th February 2024 32,535 1,039 33,574
At 28th February 2023 - 573 573

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 35,090 43,030
Other debtors 330,725 345,700
365,815 388,730

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 4,640 -
Tax 46,682 42,399
Social security and other taxes 200 -
Other creditors 2,725 -
Directors' current accounts 75,452 4,925
129,699 47,324

Mobius Health Ltd (Registered number: 09457267)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 29,987 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
60 A Ordinary Shares 1 60 60
40 B Ordinary Shares 1 40 40
1 C Ordinary Shares 1 1 1
2 D Ordinary Shares 2 2 2
103 103

The Ordinary A shares confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The Ordinary B shares, Ordinary C shares and Ordinary D shares do not confer on the holders the right to vote upon any resolution proposed at any general meeting of the company.

The A, B, C and D shares rank pari passu in respect of dividend and capital distribution rights.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29th February 2024 and 28th February 2023:

29.2.24 28.2.23
£    £   
Dr V Khanduja
Balance outstanding at start of year (4,925 ) (305 )
Amounts advanced 8,645 50,075
Amounts repaid (79,172 ) (54,695 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (75,452 ) (4,925 )

The loan is repayable on demand and no interest was charged during the year.

10. RELATED PARTY DISCLOSURES

Vinar Investment Limited
Common ownership
The company made a loan to Vinar investment limited, another related party by common ownership. The company advanced £nil (2023: £15,150) and repaid £14,975 (2023 : £nil) during the year. At the balance sheet date the company was owed £330,725 (2023: £345,700) from Vinar investment limited.
These loans are interest free and are repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Dr V Khanduja.