Registration number: 09124345

Mobius Technology Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Mobius Technology Ltd

Company Information

Directors

Mr M L Logut Mr G P Langley-Johnson

Company secretary

Mr G P Langley-Johnson

Registered office

2 Rowan House Sheldon Business Park Chippenham SN14 0SQ

Accountants

Harbour Key Limited Midway House Herrick Way Staverton Cheltenham GL51 6TQ

Mobius Technology Ltd

(Registration number: 09124345)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	68,054	146,045
Tangible assets	5	12,639	19,597
		80,693	165,642
Current assets
Debtors	6	295,474	260,943
Cash at bank and in hand		131,042	128,876
		426,516	389,819
Creditors: Amounts falling due within one year	7	(456,495)	(459,488)
Net current liabilities		(29,979)	(69,669)
Total assets less current liabilities		50,714	95,973
Provisions for liabilities		(3,160)	(114)
Net assets		47,554	95,859
Capital and reserves
Called up share capital	8	111	111
Share premium reserve		11,517	11,517
Retained earnings		35,926	84,231
Shareholders' funds		47,554	95,859

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Mobius Technology Ltd

(Registration number: 09124345)
Balance Sheet as at 31 January 2025

Approved and authorised by the Board on 23 October 2025 and signed on its behalf by:
 

......................................... Mr M L Logut Director

......................................... Mr G P Langley-Johnson Company secretary and director

Mobius Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Rowan House
Sheldon Business Park
Chippenham
SN14 0SQ
England

These financial statements were authorised for issue by the Board on 23 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency of the financial statements is British Pound £, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are round to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Mobius Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit or loss account, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profits.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	25% straight line
Motor vehicles	25% straight line

Development costs

Development expenditure incurred on an individual project is carried forward when its future recoverability can reasonably be regarded as assured. Any expenditure carried forward is amortised in line with the expected future sales from the related project. Research expenditure is written off in the period in which it is incurred.

Amortisation

Software development costs have been capitalised and are being amortised to the profit and loss account over their useful life as follows:-

Asset class	Amortisation method and rate
Development costs	20% straight line
Custom software	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Mobius Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 11).

Mobius Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4	Intangible assets

	Custom Software £	Development costs  £	Total £
Cost or valuation
At 1 February 2024	53,200	462,357	515,557
At 31 January 2025	53,200	462,357	515,557
Amortisation
At 1 February 2024	42,560	326,952	369,512
Amortisation charge	5,320	72,671	77,991
At 31 January 2025	47,880	399,623	447,503
Carrying amount
At 31 January 2025	5,320	62,734	68,054
At 31 January 2024	10,640	135,405	146,045

5	Tangible assets

	Motor vehicles  £	Plant & machinery £	Total £
Cost or valuation
At 1 February 2024	35,000	30,833	65,833
Additions	-	4,882	4,882
At 31 January 2025	35,000	35,715	70,715
Depreciation
At 1 February 2024	17,500	28,736	46,236
Charge for the year	8,750	3,090	11,840
At 31 January 2025	26,250	31,826	58,076
Carrying amount
At 31 January 2025	8,750	3,889	12,639
At 31 January 2024	17,500	2,097	19,597

Mobius Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6

Debtors

	2025 £	2024 £
Trade debtors	272,048	253,748
Prepayments	9,372	7,195
Other debtors	14,054	-
	295,474	260,943

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		260,411	253,924
Taxation and social security		31,264	30,984
Other creditors	10	164,820	174,580
		456,495	459,488

8	Share capital

Share options

Options were granted on 24 November 2015 and 12 October 2023 under approved option schemes, Enterprise Management Incentives (EMI) schemes, over the company’s ordinary shares of £1 each. Options granted on 24 November 2015 were exercisable at £1,048 each and options granted on 12 October 2023 were exercisable at £650 each . The value of the options exercised have been charged as an expense to the profit and loss.

The movements of the shares are as follows:
 

	2025  £	2024  £
Outstanding at the start of the period	21	14
Issued during the period	-	7
Exercised during the period	-	-
Lapsed during the period	-	-
	21	21

Mobius Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	-	8,200
	-	8,200

The amount of non-cancellable operating lease payments recognised as an expense during the year was £8,200 (2024 - £10,434).

10	Related party transactions

Summary of transactions with other related parties

Included in other creditors is an amount of £150,835 (2024: £155,000) owed to a company in which the directors are also directors, and a mutual shareholder. There are no repayment terms or interest charged on the outstanding amount.