Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 29 May 2025 1 September 2023 31 August 2024 31 August 2024 08939271 Mr. N D Cox Mr M J Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08939271 2023-08-31 08939271 2024-08-31 08939271 2023-09-01 2024-08-31 08939271 frs-core:CurrentFinancialInstruments 2024-08-31 08939271 frs-core:Non-currentFinancialInstruments 2024-08-31 08939271 frs-core:ShareCapital 2024-08-31 08939271 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08939271 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08939271 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08939271 frs-bus:SmallEntities 2023-09-01 2024-08-31 08939271 frs-bus:Audited 2023-09-01 2024-08-31 08939271 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08939271 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 08939271 frs-bus:OrdinaryShareClass1 2024-08-31 08939271 1 2023-09-01 2024-08-31 08939271 frs-core:CostValuation 2023-08-31 08939271 frs-core:CostValuation 2024-08-31 08939271 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 08939271 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 08939271 frs-bus:Director1 2023-09-01 2024-08-31 08939271 frs-bus:Director2 2023-09-01 2024-08-31 08939271 frs-countries:EnglandWales 2023-09-01 2024-08-31 08939271 frs-countries:EnglandWales 2023-09-01 2024-08-31 08939271 2022-08-31 08939271 2023-08-31 08939271 2022-09-01 2023-08-31 08939271 frs-core:CurrentFinancialInstruments 2023-08-31 08939271 frs-core:Non-currentFinancialInstruments 2023-08-31 08939271 frs-core:ShareCapital 2023-08-31 08939271 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 08939271 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 08939271
Mobility Ventures Limited
Financial Statements
For The Year Ended 31 August 2024
Deans
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08939271
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 147,760 147,760
147,760 147,760
CURRENT ASSETS
Debtors 5 57,450 23,546
57,450 23,546
Creditors: Amounts Falling Due Within One Year 6 (45,760 ) (48,760 )
NET CURRENT ASSETS (LIABILITIES) 11,690 (25,214 )
TOTAL ASSETS LESS CURRENT LIABILITIES 159,450 122,546
Creditors: Amounts Falling Due After More Than One Year 7 (3,000 ) (6,000 )
NET ASSETS 156,450 116,546
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 156,449 116,545
SHAREHOLDERS' FUNDS 156,450 116,546
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr. N D Cox
Director
28 May 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Mobility Ventures Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from franchise services is recognised by reference to the stage of completion at the balance sheet date.  Stage of completion is measured by reference to the period of licence of 5 years.
2.3. Investments
Fixed asset investments are measured at cost less impairment.
2.4. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Associates
£
Cost
As at 1 September 2023 147,760
As at 31 August 2024 147,760
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 147,760
As at 1 September 2023 147,760
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 57,450 23,546
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 42,760 42,760
Accruals and deferred income 3,000 6,000
45,760 48,760
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Accruals and deferred income 3,000 6,000
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
9. Controlling Parties
The ultimate parent undertaking is Ableworld Holdings (UK) Ltd. (incorporated in England & Wales). Its registered office is C/O Ableworld Alpha Building, Stapeley Technology Park, London Road, Nantwich, Chesire, CW5 7JW.
Copies of the group accounts may be obtained from the company's registered office.
10. Audit Information
The auditor's report on the accounts of Mobility Ventures Limited for the year ended 31 August 2024 was unqualified.
The auditor's report was signed by Richard Stonier (Senior Statutory Auditor) for and on behalf of Deans , Statutory Auditor.
Deans
Gibson House
Hurricane Court, Hurricane Close
Stafford
Staffordshire
ST16 1GZ
Page 3