ACCOUNTS - Final Accounts preparation

Registered number: 11529473

MIKE'S MOBILE FOUNDERS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

MIKE'S MOBILE FOUNDERS LIMITED

REGISTERED NUMBER: 11529473

BALANCE SHEET

AS AT 31 DECEMBER 2024

	2024	2023
Note	£	£

Fixed assets
Investments	4	98	98
		98	98

Total assets less current liabilities		98	98

Net assets		98	98

Capital and reserves
Called up share capital	5	98	98
		98	98

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 December 2025.

P A Kiernan

Director

The notes on pages 4 to 5 form part of these financial statements.

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MIKE'S MOBILE FOUNDERS LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 January 2024	98	-	98
Comprehensive income for the year
Profit for the year	-	257,459	257,459
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	257,459	257,459
Dividends: Equity capital	-	(257,459)	(257,459)
Total transactions with owners	-	(257,459)	(257,459)
At 31 December 2024	98	-	98

The notes on pages 4 to 5 form part of these financial statements.

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MIKE'S MOBILE FOUNDERS LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2023

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 January 2023	98	-	98
Comprehensive income for the year
Profit for the year	-	911,158	911,158
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	911,158	911,158
Dividends: Equity capital	-	(911,158)	(911,158)
Total transactions with owners	-	(911,158)	(911,158)
At 31 December 2023	98	-	98

The notes on pages 4 to 5 form part of these financial statements.

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MIKE'S MOBILE FOUNDERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Mike's Mobile Founders Limited is a private company limited by shares and registered in England & Wales. The address of its registered office 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.3

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including the directors, during the year was as follows:

	2024	2023
	No.	No.

Directors	2	2

4.	Fixed asset investments

		Investments in associates
		£
	Cost or valuation
	At 1 January 2024	98
	At 31 December 2024	98

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MIKE'S MOBILE FOUNDERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

980,295 (2023 - 980,295) A Ordinary Shares shares of £0.0001- each	98	98
500 (2023 - 500) B Ordinary Shares shares of £0.0001- each	-	-

	98	98

6.	Controlling party

The company's immediate parent undertaking is Magic Mike London Investco LLC, a company registered in the United States. There is no overall controlling party.

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