| 1. Statutory Information |
| CONVERSE MOBILE LTD is a private company, limited by shares, registered in England and Wales, registration number 15206478. |
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| 2. Accounting Policies |
| Basis of preparing the Financial Statements |
| The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.2.2 Going ConcernThe company's business activities, the factors likely to affect its future development and position, and the principal risks and uncertainties faced by the company, are set out in the Strategic Report. The directors have considered the company's forecasts and funding available to it for a period to 30 June 2026. The key assumptions used by management for the going concern assessment included but were not limited to the below. These were assessed and challenged internally: 1) Risk of single point of failure in the supply chain. 2) Geographical implications of the company's operations. 3) Contractual obligations and fulfilment of important commercial relationships. |
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| Presentation Currency |
| The accounts are presented in £ sterling. |
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| Turnover |
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| The company recognizes revenue from sale of services based on the usage of Short Message Services (SMS). Revenue from contracts with customers is recognized when the company's services are rendered and company's performance obligations to customers are satisfied based on the specific terms of the contract with customers (e.g. SMS usage) at an amount that reflects the consideration to which the company is entitled in exchange for those goods or services (excluding VAT and other sales taxes). The company has concluded that it is the principal in its revenue arrangements because it controls the goods or services before transferring them to the customer. |
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