Corporate Mobile Communications Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02791947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019

FOR

CORPORATE MOBILE COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Thompson

S P Wright

SECRETARY:

R Thompson

REGISTERED OFFICE:

5 Shirwell Crescent

Furzton

Milton Keynes

MK4 1GA

REGISTERED NUMBER:

02791947 (England and Wales)

ACCOUNTANTS:

80K Limited

59a Day's Lane

Biddenham

Bedford

Bedfordshire

MK40 4AE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,872

1,878

3,872

1,878

CURRENT ASSETS

Debtors

6

211,000

412,507

Cash at bank

104,738

70,937

315,738

483,444

CREDITORS

Amounts falling due within one year

7

(265,925

)

(395,883

)

NET CURRENT ASSETS

49,813

87,561

TOTAL ASSETS LESS CURRENT LIABILITIES

53,685

89,439

CAPITAL AND RESERVES

Called up share capital

16,334

18,668

Capital redemption reserve

6,999

4,665

Retained earnings

30,352

66,106

SHAREHOLDERS' FUNDS

53,685

89,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 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 on 25 February 2020 and were signed on its behalf by:

S P Wright - Director

1.	STATUTORY INFORMATION

Corporate Mobile Communications 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.

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.

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, 20% on reducing balance, 15% on reducing balance and 14% on cost

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 year was 3 (2018 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2018

and 31 May 2019

30,000

AMORTISATION

At 1 June 2018

and 31 May 2019

30,000

NET BOOK VALUE

At 31 May 2019

-

At 31 May 2018

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2018

6,149

Additions

3,285

At 31 May 2019

9,434

DEPRECIATION

At 1 June 2018

4,271

Charge for year

1,291

At 31 May 2019

5,562

NET BOOK VALUE

At 31 May 2019

3,872

At 31 May 2018

1,878

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

167,702

199,084

Other debtors

43,298

65,123

Prepayments and accrued income

-

148,300

211,000

412,507

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

125,735

191,884

Corporation tax

40,625

40,054

Social security and other taxes

2,340

4,300

Pension contributions

283

277

VAT

56,942

44,486

Other creditors

40,000

91,085

Accrued expenses

-

23,797

265,925

395,883