Mobilebitz Partnership Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 8383801

		2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		81,951

			81,951
CURRENT ASSETS
Stocks	5	57,000
Debtors	6	826,039
Cash at bank and in hand		27,770

		910,809
Creditors: Amounts Falling Due Within One Year	7	(657,602 )

NET CURRENT ASSETS (LIABILITIES)			253,207

TOTAL ASSETS LESS CURRENT LIABILITIES			335,158

NET ASSETS			335,158

CAPITAL AND RESERVES
Called up share capital	8		100
Profit and Loss Account			335,058

SHAREHOLDERS' FUNDS			335,158

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Arshid Hussain

Director

03/09/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Mobilebitz Partnership Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 8383801 . The registered office is Unit 8 , The Bridge Business Centre, Bridge Road, Southall, UB2 4AY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance method
Fixtures & Fittings	25% reducing balance method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025
Sales, marketing and distribution	6

	6

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Mobilebitz Partnership Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 March 2024	-	-	-
Additions	9,749	99,519	109,268

As at 28 February 2025	9,749	99,519	109,268

Depreciation
As at 1 March 2024	-	-	-
Provided during the period	2,437	24,880	27,317

As at 28 February 2025	2,437	24,880	27,317

Net Book Value
As at 28 February 2025	7,312	74,639	81,951

As at 1 March 2024	-	-	-

5. Stocks

	2025
	£
Finished goods	57,000

6. Debtors

	2025
	£
Due within one year
Prepayments and accrued income	13,719
Other debtors- Section 455 Tax	108,669
Other debtors - F2D Ltd	346,444
Director's loan account	357,207

	826,039

7. Creditors: Amounts Falling Due Within One Year

	2025
	£
Bank loans and overdrafts	13,582
Other taxes and social security	7,980
VAT	28,683
Net wages	11,107
Other creditor	31,197
Accruals and deferred income	2,850
Amounts owed to related parties- M-Bitz Ltd	562,203

	657,602

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Mobilebitz Partnership Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Share Capital

	2025
	£
Allotted, Called up and fully paid	100

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 March 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2025
	£	£	£	£	£
Mr Arshid Hussain	335,252	21,955	-	-	357,207

The above loan is unsecured, interest bearing (2.0%) and repayable on demand.

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