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REGISTERED NUMBER: 07518677 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Apply Mobile Limited

Apply Mobile Limited (Registered number: 07518677)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Apply Mobile Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: T J S Barker
C Mcdermott
P R Spence





REGISTERED OFFICE: St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE





REGISTERED NUMBER: 07518677 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Apply Mobile Limited (Registered number: 07518677)

Balance Sheet
31 December 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 1,683 2,786
Tangible assets 5 21,236 11,127
22,919 13,913

CURRENT ASSETS
Debtors 6 204,439 139,021
Cash at bank and in hand 939,167 483,701
1,143,606 622,722
CREDITORS
Amounts falling due within one year 7 (2,812,366 ) (1,499,073 )
NET CURRENT LIABILITIES (1,668,760 ) (876,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,645,841

)

(862,438

)

CREDITORS
Amounts falling due after more than one year 8 (821,277 ) (1,339,175 )
NET LIABILITIES (2,467,118 ) (2,201,613 )

CAPITAL AND RESERVES
Called up share capital 9 370 370
Share premium 4,723,918 4,723,918
Retained earnings (7,191,406 ) (6,925,901 )
SHAREHOLDERS' FUNDS (2,467,118 ) (2,201,613 )

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:




C Mcdermott - Director


Apply Mobile Limited (Registered number: 07518677)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Apply Mobile 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.

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.

The company has met its day to day working capital requirements through sales revenues generated and financial support from shareholders. With confidence in the future sales pipeline and continued support from shareholders, the directors agree that the accounts should be prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated life of 10 years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Computer Equipment - 20% Straight Line

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

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 the income statement in the period to which they relate.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Apply Mobile Limited (Registered number: 07518677)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 January 2024
and 31 December 2024 11,032
AMORTISATION
At 1 January 2024 8,246
Charge for year 1,103
At 31 December 2024 9,349
NET BOOK VALUE
At 31 December 2024 1,683
At 31 December 2023 2,786

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2024 19,681
Additions 14,265
At 31 December 2024 33,946
DEPRECIATION
At 1 January 2024 8,554
Charge for year 4,156
At 31 December 2024 12,710
NET BOOK VALUE
At 31 December 2024 21,236
At 31 December 2023 11,127

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 81,501 5,262
Other debtors 122,938 133,759
204,439 139,021

Apply Mobile Limited (Registered number: 07518677)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 4,600 4,608
Trade creditors 43,090 47,371
Taxation and social security 46,459 34,928
Other creditors 2,718,217 1,412,166
2,812,366 1,499,073

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 1,917 6,501
Other creditors 819,360 1,332,674
821,277 1,339,175

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
37,015 Ordinary 0.01 370 370

10. DEFERRED INCOME

At the reporting date the company had deferred income paid by customers in advance of £1,303,258 (2023: £2,621,920).

11. POST BALANCE SHEET EVENTS

On 21st January 2025, 3,592 Ordinary shares with a nominal value of £0.01 were issued at a premium of £400 per share.

12. CONVERTIBLE LOANS

At the reporting date the company had convertible loans totalling £813,929 (2023: £108,892). These loans attract interest at 12%.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Apply Mobile Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Apply Mobile Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Apply Mobile Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Apply Mobile Limited and state those matters that we have agreed to state to the Board of Directors of Apply Mobile Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Apply Mobile Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Apply Mobile Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Apply Mobile Limited. You consider that Apply Mobile Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Apply Mobile Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


24 April 2025