REGISTERED NUMBER: 05582016 (England and Wales)

Financial Statements for the Period 1 July 2023 to 31 December 2024

for

Mobile Technologies International Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T V Hoof

J Miller

REGISTERED OFFICE:

Suite 1N-BB

Trafford House

Chester Road

Old Trafford

Greater Manchester

M32 0RS

REGISTERED NUMBER:

05582016 (England and Wales)

FIXED ASSETS

Intangible assets

4

117,155

99,025

Tangible assets

5

904

2,495

118,059

101,520

CURRENT ASSETS

Stocks

40,890

12,222

Debtors

6

814,400

1,024,372

Cash at bank

883,365

251,210

1,738,655

1,287,804

CREDITORS

Amounts falling due within one year

7

253,606

269,631

NET CURRENT ASSETS

1,485,049

1,018,173

TOTAL ASSETS LESS CURRENT LIABILITIES

1,603,108

1,119,693

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,603,107

1,119,692

SHAREHOLDERS' FUNDS

1,603,108

1,119,693

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

The members have not required the company to obtain an audit of its financial statements for the period 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 30 September 2025 and were signed on its behalf by:

T V Hoof - Director

J Miller - Director

1.	STATUTORY INFORMATION

Mobile Technologies International Ltd 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.

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.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

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

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - 4 ).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2023

99,025

Additions

18,130

At 31 December 2024

117,155

NET BOOK VALUE

At 31 December 2024

117,155

At 30 June 2023

99,025

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2023

43,917

Additions

4,297

Disposals

(5,175

)

At 31 December 2024

43,039

DEPRECIATION

At 1 July 2023

41,422

Charge for period

713

At 31 December 2024

42,135

NET BOOK VALUE

At 31 December 2024

904

At 30 June 2023

2,495

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.6.23

£

£

Trade debtors

25,652

172,704

Other debtors

788,748

851,668

814,400

1,024,372

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.6.23

£

£

Trade creditors

334

7,155

Taxation and social security

111,274

182,307

Other creditors

141,998

80,169

253,606

269,631