Company Registration No. SC468511 (Scotland)
Mobile Log Limited
Unaudited accounts
for the year ended 31 January 2020
Mobile Log Limited
Unaudited accounts
Contents
Mobile Log Limited
Company Information
for the year ended 31 January 2020
Company Number
SC468511 (Scotland)
Registered Office
5 TRAPRAIN TERRACE
HADDINGTON
EAST LOTHIAN
EH41 3QD
Mobile Log Limited
Statement of financial position
as at 31 January 2020
Tangible assets
38,845
39,294
Cash at bank and in hand
15,153
9,243
Creditors: amounts falling due within one year
(57,638)
(53,940)
Net current liabilities
(42,485)
(44,624)
Total assets less current liabilities
(3,640)
(5,330)
Creditors: amounts falling due after more than one year
-
(142)
Net liabilities
(3,640)
(5,472)
Called up share capital
1
1
Profit and loss account
(3,641)
(5,473)
Shareholders' funds
(3,640)
(5,472)
For the year ending 31 January 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 October 2020 and were signed on its behalf by
Kevin Rutherford
Director
Company Registration No. SC468511
Mobile Log Limited
Notes to the Accounts
for the year ended 31 January 2020
Mobile Log Limited is a private company, limited by shares, registered in Scotland, registration number SC468511. The registered office is 5 TRAPRAIN TERRACE, HADDINGTON, EAST LOTHIAN, EH41 3QD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2019
37,052
4,380
41,432
At 31 January 2020
37,052
4,380
41,432
At 1 February 2019
-
2,138
2,138
Charge for the year
-
449
449
At 31 January 2020
-
2,587
2,587
At 31 January 2020
37,052
1,793
38,845
At 31 January 2019
37,052
2,242
39,294
Mobile Log Limited
Notes to the Accounts
for the year ended 31 January 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
914
-
Loans from directors
56,474
53,642
7
Creditors: amounts falling due after more than one year
2020
2019
Taxes and social security
-
142
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).