Company Registration No. 12815561 (England and Wales)
Mobius Healthcare Limited
Unaudited accounts
for the year ended 31 August 2024
Mobius Healthcare Limited
Unaudited accounts
Contents
Mobius Healthcare Limited
Company Information
for the year ended 31 August 2024
Directors
Mohamed Sulaiman Mohamed Nazir Hussain
Shabana Yasmeen
Company Number
12815561 (England and Wales)
Registered Office
Unit 7, Bourne End Mills,
Upper Bourne End Lane
Hemel Hemptstead
HP1 2UJ
England
Accountants
Maknas Accountants Limited
2A Grange Road
Romford
Essex
RM3 7DU
Mobius Healthcare Limited
Statement of financial position
as at 31 August 2024
Intangible assets
98,000
112,000
Tangible assets
7,398
9,511
Inventories
1,590,826
1,090,483
Debtors
2,168,281
1,794,656
Cash at bank and in hand
322,350
968,664
Creditors: amounts falling due within one year
(3,412,408)
(3,469,712)
Net current assets
669,049
384,091
Total assets less current liabilities
774,447
505,602
Creditors: amounts falling due after more than one year
(101,944)
(145,277)
Net assets
672,503
360,325
Called up share capital
100
100
Profit and loss account
672,403
360,225
Shareholders' funds
672,503
360,325
For the year ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
Mohamed Sulaiman Mohamed Nazir Hussain
Director
Company Registration No. 12815561
Mobius Healthcare Limited
Notes to the Accounts
for the year ended 31 August 2024
Mobius Healthcare Limited is a private company, limited by shares, registered in England and Wales, registration number 12815561. The registered office is Unit 7, Bourne End Mills,, Upper Bourne End Lane, Hemel Hemptstead, HP1 2UJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Intangible fixed assets (Licences) are included at cost less accumulated amortisation.
Licences are being amortised over the life cycle of 10 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
SL over 7 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Mobius Healthcare Limited
Notes to the Accounts
for the year ended 31 August 2024
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Other
At 1 September 2023
140,000
At 1 September 2023
28,000
Charge for the year
14,000
5
Tangible fixed assets
Plant & machinery
At 1 September 2023
14,794
Amounts falling due within one year
Trade debtors
2,112,316
1,794,656
Mobius Healthcare Limited
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
43,333
43,334
Trade creditors
2,501,868
2,466,898
Taxes and social security
109,515
61,195
Other creditors
2,492
2,495
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
101,944
145,277
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 5 (2023: 5).