Mobius Property Solutions Ltd - Filleted accounts

Registered number

09070367

Mobius Property Solutions Ltd

Filleted Accounts

31 March 2025

Mobius Property Solutions Ltd
Registered number:		09070367
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	4		-			-
Tangible assets	5		225,000			225,000
Investments	6		-			-
			225,000			225,000

Current assets
Stocks		-			-
Debtors	7	15,000			15,000
Investments held as current assets	8	-			-
Cash at bank and in hand		17			585
		15,017			15,585

Creditors: amounts falling due within one year	9	(81,052)			(77,117)

Net current liabilities			(66,035)			(61,532)

Total assets less current liabilities			158,965			163,468

Creditors: amounts falling due after more than one year	10		(257,367)			(258,130)

Provisions for liabilities			-			-


Net liabilities			(98,402)			(94,662)

Capital and reserves
Called up share capital			100			100
Share premium			-			-
Revaluation reserve	12		-			-
Profit and loss account			(98,502)			(94,762)

Shareholder's funds			(98,402)			(94,662)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Richard Bennie
Director
Approved by the board on 29 December 2025

Mobius Property Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Rental income from investment property is recognised on a straight-line basis over the lease term

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Investment property is carried at fair value in accordance with FRS 102 Section 16. Changes in fair value are recognised in profit or loss. Investment property is not depreciated.






	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Exceptional items					2025		2024
£							£




						-		-


3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


4	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							-
	Additions							-
	Disposals							-
	At 31 March 2025							-

	Amortisation
	At 1 April 2024							-
	Provided during the year							-
	On disposals							-
	At 31 March 2025							-

	Net book value
	At 31 March 2025							-
	At 31 March 2024							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


5	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	225,000		-		-		225,000
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Disposals	-		-		-		-
	At 31 March 2025	225,000		-		-		225,000

	Depreciation
	At 1 April 2024	-		-		-		-
	Charge for the year	-		-		-		-
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 31 March 2025	-		-		-		-

	Net book value
	At 31 March 2025	225,000		-		-		225,000
	At 31 March 2024	225,000		-		-		225,000


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					-		-
	Cumulative depreciation based on historical cost					-		-
						-		-
	The investment property is carried at fair value in accordance with FRS 102 Section 16. The fair value of £225,000 at 31 March 2024 (2023: £225,000) was determined by the directors with reference to market evidence for comparable properties. No fair value movement arose in the year (2023: £20,000 deficit recognised in profit or loss). The property is not depreciated.


6	Investments
Investments in
subsidiary					Other
undertakings					investments		Total
£					£		£
	Cost
	At 1 April 2024			-		-		-
	Additions			-		-		-
	Revaluation			-		-		-
	Disposals			-		-		-

	At 31 March 2025			-		-		-

	Historical cost
	At 1 April 2024			-		-
	At 31 March 2025			-		-

	[For revalued investments, see FRS 102 paragraphs 1AC.15, 1AC.22 and 1AC.23 for disclosures]


7	Debtors					2025		2024
£							£

	Trade debtors					-		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					-		-
	Deferred tax asset					-		-
	Other debtors					15,000		15,000
						15,000		15,000

	Amounts due after more than one year included above					-		-


8	Investments held as current assets					2025		2024
£							£
	Fair value
	Listed investments					-		-
	Unlisted investments					-		-
						-		-

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments					-		-
	Unlisted investments					-		-
						-		-

	[For revalued investments, see FRS 102 paragraphs 1AC.22 and 1AC.23 for disclosures]


9	Creditors: amounts falling due within one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans and overdrafts					3,960		3,800
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					2,367		5,521
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					6,214		1,609
	Taxation and social security costs					-		-
	Other creditors					68,511		66,187
						81,052		77,117


10	Creditors: amounts falling due after one year					2025		2024
£							£

	Non-equity preference shares					-		-
	Bank loans					9,054		9,817
	Obligations under finance lease and hire purchase contracts					-		-
	Trade creditors					-		-
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Other loans					248,313		248,313
						257,367		258,130


11	Loans					2025		2024
£							£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years					-		-
	Instalments falling due for payment after more than five years					248,313		248,313
						248,313		248,313


	Secured bank loans					-		-

	The mortgage is secured by legal charges over the investment property; first charge £161,000 and second charge for the balance.


12	Revaluation reserve					2025		2024
£							£

	At 1 April 2024					-		-
	Gain on revaluation of land and buildings					-		-
	Deferred taxation arising on the revaluation of land and buildings					-		-

	At 31 March 2025					-		-


13	Events after the reporting date




14	Capital commitments					2025		2024
£							£

	Amounts contracted for but not provided in the accounts					-		-


15	Pension commitments




16	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					-		-


17	Contingent liabilities




18	Off-balance sheet arrangements




19	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Richard Bennie
	[Loan 1]	-		-		-		-





































20	Guarantees made by the company on behalf of directors
	Main terms			Maximum	Amount paid
liability					and incurred
£					£
	Richard Bennie
	[Guarantee 1]			-		-


































				-		-


21	Related party transactions

	Director’s loan account: At 31 March 2025, the company owed £68,511 (2024: £66,187) to the director, Mr Richard Bennie. The balance is unsecured, interest-free and repayable on demand. During the year, the director advanced £2,323.50 to the company (2024: nil). No remuneration was accrued or unpaid at the year end (2024: £9,405 accrued, £3,892 brought forward). Group undertaking (Greensand Oaks Ltd): At 31 March 2025, the company owed £6,214 (2024: £1,609) to Greensand Oaks Ltd, a company under common control. The balance represents net funding provided during the year and is unsecured, interest-free and repayable on demand. No penalties or exceptional items were included in the year-end balance (2024 included £750 relating to a Companies House filing penalty paid by Greensand Oaks Ltd).


22	Controlling party

	The company is controlled by Mr Richard Bennie by virtue of his shareholding.


23	Other information

	Mobius Property Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	167-169 Great Portland Street
	5th Floor

	London
	W1W 5PF