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 2020

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

6,068

3,872

6,068

3,872

CURRENT ASSETS

Debtors

6

413,574

211,000

Cash at bank

234,067

104,738

647,641

315,738

CREDITORS

Amounts falling due within one year

7

(616,338

)

(265,925

)

NET CURRENT ASSETS

31,303

49,813

TOTAL ASSETS LESS CURRENT LIABILITIES

37,371

53,685

CAPITAL AND RESERVES

Called up share capital

14,000

16,334

Capital redemption reserve

9,333

6,999

Retained earnings

14,038

30,352

SHAREHOLDERS' FUNDS

37,371

53,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2020 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 and authorised for issue on 1 March 2021 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 4 (2019 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2019

and 31 May 2020

30,000

AMORTISATION

At 1 June 2019

and 31 May 2020

30,000

NET BOOK VALUE

At 31 May 2020

-

At 31 May 2019

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2019

9,434

Additions

4,218

At 31 May 2020

13,652

DEPRECIATION

At 1 June 2019

5,562

Charge for year

2,022

At 31 May 2020

7,584

NET BOOK VALUE

At 31 May 2020

6,068

At 31 May 2019

3,872

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

128,252

167,702

Other debtors

285,322

43,298

413,574

211,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

428,039

125,735

Corporation tax

45,101

40,625

Social security and other taxes

1,044

2,340

Pension contributions

164

283

VAT

101,990

56,942

Other creditors

40,000

40,000

616,338

265,925