REGISTERED NUMBER: 03638382 (England and Wales)

Audited Financial Statements For The Year Ended 31st December 2024

for

Mojo Rental UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K D Thorborn

Mojo Rental International BV

SECRETARY:

A H Borger

REGISTERED OFFICE:

Unit 3 - 6 Longpond Works

Wrotham Road

Borough Green

Kent

TN15 8DE

REGISTERED NUMBER:

03638382 (England and Wales)

AUDITORS:

Beak Kemmenoe

Chartered Accountants

& Statutory Auditors

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

5

446,853

25,837

Investments

6

3,636,715

3,636,715

4,083,568

3,662,552

CURRENT ASSETS

Debtors

7

476,741

399,892

Cash at bank

185,420

628,803

662,161

1,028,695

CREDITORS

Amounts falling due within one year

8

1,953,113

1,216,538

NET CURRENT LIABILITIES

(1,290,952

)

(187,843

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,792,616

3,474,709

CREDITORS

Amounts falling due after more than one year

9

(3,064,439

)

(3,163,529

)

PROVISIONS FOR LIABILITIES

11

-

(5,068

)

NET (LIABILITIES)/ASSETS

(271,823

)

306,112

CAPITAL AND RESERVES

Called up share capital

12

5,000

5,000

Share premium

58,002

58,002

Retained earnings

(334,825

)

243,110

SHAREHOLDERS' FUNDS

(271,823

)

306,112

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 30th September 2025 and were signed on its behalf by:

K D Thorborn - Director

1.	STATUTORY INFORMATION

Mojo Rental UK 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Mojo Rental UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, EVAGO Holding GmbH, Faber-Castell-Strabe, 11-20, 90602 Pyrbaum, Germany.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents total charges made for the hire of barriers and other equipment within the period under review.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on the basis that the company is a going concern.

The Company has a number of trade and other balances with Group Undertakings that have confirmed their willingness to provide financial support to the company for a period of at least 12 months from the approval of the financial statements such that it can continue to satisfy its debts and obligations as they fall due and remain solvent, and accordingly the directors advise that the financial statements have been prepared on a going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 14 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

52,534

Additions

440,934

At 31st December 2024

493,468

DEPRECIATION

At 1st January 2024

26,697

Charge for year

19,918

At 31st December 2024

46,615

NET BOOK VALUE

At 31st December 2024

446,853

At 31st December 2023

25,837

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2024

and 31st December 2024

3,636,715

NET BOOK VALUE

At 31st December 2024

3,636,715

At 31st December 2023

3,636,715

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

137,846

115,133

Other debtors and prepayments

338,895

284,759

476,741

399,892

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

50,000

50,000

Trade creditors

990,709

700,772

Amounts owed to group undertakings

633,182

-

Corporation tax

-

8,518

Social security and other taxes

14,808

43,266

Other creditors and accruals

264,414

413,982

1,953,113

1,216,538

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

50,000

50,000

Bank loans - 2-5 years

12,500

62,500

Amounts owed to group undertakings

3,001,939

2,831,029

Other creditors

-

220,000

3,064,439

3,163,529

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

112,500

162,500

Secured by a fixed and floating charge over all assets, created on 18th February 2021.

11.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

-

5,068

Deferred

tax

£

Balance at 1st January 2024

5,068

Accelerated capital allowances

105,337

Tax losses

(110,405

)

Balance at 31st December 2024

-

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

5,000

Ordinary

£1

5,000

5,000

13.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ronald Price FCA Senior Statutory Auditor

for and on behalf of Beak Kemmenoe

14.	RELATED PARTY DISCLOSURES

During the year the following transactions with non-wholly owned subsidiaries existed:

£

Debtors receivable at the balance sheet date

3,605

Creditors payable at the balance sheet date

13,249

Sales in the year

32,256

Purchases in the year

58,408

No amounts were written off in the year.

15.	ULTIMATE CONTROLLING PARTY

The immediate controlling party is Mojo Rental International BV (incorporated in the Netherlands).

The ultimate controlling parties are considered to be Dominic Faber and Kasper Hartmann.