MOCCIS LTD

2020-04-012021-03-312021-03-31false07492851MOCCIS LTD2021-08-0147721iso4217:GBPxbrli:pure074928512020-04-01074928512021-03-31074928512020-04-012021-03-31074928512019-04-01074928512020-03-31074928512019-04-012020-03-3107492851bus:SmallEntities2020-04-012021-03-3107492851bus:AuditExempt-NoAccountantsReport2020-04-012021-03-3107492851bus:FullAccounts2020-04-012021-03-3107492851bus:PrivateLimitedCompanyLtd2020-04-012021-03-3107492851core:WithinOneYear2021-03-3107492851core:AfterOneYear2021-03-3107492851core:WithinOneYear2020-03-3107492851core:AfterOneYear2020-03-3107492851core:ShareCapital2021-03-3107492851core:SharePremium2021-03-3107492851core:RevaluationReserve2021-03-3107492851core:OtherReservesSubtotal2021-03-3107492851core:RetainedEarningsAccumulatedLosses2021-03-3107492851core:ShareCapital2020-03-3107492851core:SharePremium2020-03-3107492851core:RevaluationReserve2020-03-3107492851core:OtherReservesSubtotal2020-03-3107492851core:RetainedEarningsAccumulatedLosses2020-03-3107492851core:LandBuildings2021-03-3107492851core:PlantMachinery2021-03-3107492851core:Vehicles2021-03-3107492851core:FurnitureFittings2021-03-3107492851core:OfficeEquipment2021-03-3107492851core:NetGoodwill2021-03-3107492851core:IntangibleAssetsOtherThanGoodwill2021-03-3107492851core:ListedExchangeTraded2021-03-3107492851core:UnlistedNon-exchangeTraded2021-03-3107492851core:LandBuildings2020-03-3107492851core:PlantMachinery2020-03-3107492851core:Vehicles2020-03-3107492851core:FurnitureFittings2020-03-3107492851core:OfficeEquipment2020-03-3107492851core:NetGoodwill2020-03-3107492851core:IntangibleAssetsOtherThanGoodwill2020-03-3107492851core:ListedExchangeTraded2020-03-3107492851core:UnlistedNon-exchangeTraded2020-03-3107492851core:LandBuildings2020-04-012021-03-3107492851core:PlantMachinery2020-04-012021-03-3107492851core:Vehicles2020-04-012021-03-3107492851core:FurnitureFittings2020-04-012021-03-3107492851core:OfficeEquipment2020-04-012021-03-3107492851core:NetGoodwill2020-04-012021-03-3107492851core:IntangibleAssetsOtherThanGoodwill2020-04-012021-03-3107492851core:ListedExchangeTraded2020-04-012021-03-3107492851core:UnlistedNon-exchangeTraded2020-04-012021-03-3107492851core:MoreThanFiveYears2020-04-012021-03-3107492851core:Non-currentFinancialInstruments2021-03-3107492851core:Non-currentFinancialInstruments2020-03-3107492851dpl:CostSales2020-04-012021-03-3107492851dpl:DistributionCosts2020-04-012021-03-3107492851dpl:AdministrativeExpenses2020-04-012021-03-3107492851core:LandBuildings2020-04-012021-03-3107492851core:PlantMachinery2020-04-012021-03-3107492851core:Vehicles2020-04-012021-03-3107492851core:FurnitureFittings2020-04-012021-03-3107492851core:OfficeEquipment2020-04-012021-03-3107492851core:NetGoodwill2020-04-012021-03-3107492851core:IntangibleAssetsOtherThanGoodwill2020-04-012021-03-3107492851dpl:GroupUndertakings2020-04-012021-03-3107492851dpl:ParticipatingInterests2020-04-012021-03-3107492851dpl:GroupUndertakingscore:ListedExchangeTraded2020-04-012021-03-3107492851core:ListedExchangeTraded2020-04-012021-03-3107492851dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-04-012021-03-3107492851core:UnlistedNon-exchangeTraded2020-04-012021-03-3107492851dpl:CostSales2019-04-012020-03-3107492851dpl:DistributionCosts2019-04-012020-03-3107492851dpl:AdministrativeExpenses2019-04-012020-03-3107492851core:LandBuildings2019-04-012020-03-3107492851core:PlantMachinery2019-04-012020-03-3107492851core:Vehicles2019-04-012020-03-3107492851core:FurnitureFittings2019-04-012020-03-3107492851core:OfficeEquipment2019-04-012020-03-3107492851core:NetGoodwill2019-04-012020-03-3107492851core:IntangibleAssetsOtherThanGoodwill2019-04-012020-03-3107492851dpl:GroupUndertakings2019-04-012020-03-3107492851dpl:ParticipatingInterests2019-04-012020-03-3107492851dpl:GroupUndertakingscore:ListedExchangeTraded2019-04-012020-03-3107492851core:ListedExchangeTraded2019-04-012020-03-3107492851dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2019-04-012020-03-3107492851core:UnlistedNon-exchangeTraded2019-04-012020-03-3107492851core:NetGoodwill2021-03-3107492851core:IntangibleAssetsOtherThanGoodwill2021-03-3107492851core:LandBuildings2021-03-3107492851core:PlantMachinery2021-03-3107492851core:Vehicles2021-03-3107492851core:FurnitureFittings2021-03-3107492851core:OfficeEquipment2021-03-3107492851core:AfterOneYear2021-03-3107492851core:WithinOneYear2021-03-3107492851core:ListedExchangeTraded2021-03-3107492851core:UnlistedNon-exchangeTraded2021-03-3107492851core:ShareCapital2021-03-3107492851core:SharePremium2021-03-3107492851core:RevaluationReserve2021-03-3107492851core:OtherReservesSubtotal2021-03-3107492851core:RetainedEarningsAccumulatedLosses2021-03-3107492851core:NetGoodwill2020-03-3107492851core:IntangibleAssetsOtherThanGoodwill2020-03-3107492851core:LandBuildings2020-03-3107492851core:PlantMachinery2020-03-3107492851core:Vehicles2020-03-3107492851core:FurnitureFittings2020-03-3107492851core:OfficeEquipment2020-03-3107492851core:AfterOneYear2020-03-3107492851core:WithinOneYear2020-03-3107492851core:ListedExchangeTraded2020-03-3107492851core:UnlistedNon-exchangeTraded2020-03-3107492851core:ShareCapital2020-03-3107492851core:SharePremium2020-03-3107492851core:RevaluationReserve2020-03-3107492851core:OtherReservesSubtotal2020-03-3107492851core:RetainedEarningsAccumulatedLosses2020-03-3107492851core:NetGoodwill2019-04-0107492851core:IntangibleAssetsOtherThanGoodwill2019-04-0107492851core:LandBuildings2019-04-0107492851core:PlantMachinery2019-04-0107492851core:Vehicles2019-04-0107492851core:FurnitureFittings2019-04-0107492851core:OfficeEquipment2019-04-0107492851core:AfterOneYear2019-04-0107492851core:WithinOneYear2019-04-0107492851core:ListedExchangeTraded2019-04-0107492851core:UnlistedNon-exchangeTraded2019-04-0107492851core:ShareCapital2019-04-0107492851core:SharePremium2019-04-0107492851core:RevaluationReserve2019-04-0107492851core:OtherReservesSubtotal2019-04-0107492851core:RetainedEarningsAccumulatedLosses2019-04-0107492851core:AfterOneYear2020-04-012021-03-3107492851core:WithinOneYear2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:CostValuation2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2020-04-012021-03-3107492851core:Non-currentFinancialInstrumentscore:CostValuation2021-03-3107492851core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-03-3107492851core:Non-currentFinancialInstrumentscore:CostValuation2020-03-3107492851core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2020-03-3107492851core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2020-03-3107492851core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2020-03-3107492851core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2020-03-3107492851core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2020-03-3107492851core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2020-03-3107492851core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2020-03-3107492851core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2020-03-3107492851bus:Director12020-04-012021-03-3107492851core:FurnitureFittingsToolsEquipment2020-03-3107492851core:FurnitureFittingsToolsEquipment2020-04-012021-03-3107492851core:FurnitureFittingsToolsEquipment2021-03-31

MOCCIS LTD

Registered Number
07492851
(England and Wales)

Unaudited Financial Statements for the Year Ended
31 March 2021

MOCCIS LTD

Company Information
for the year from 1 April 2020 to 31 March 2021


Directors	WETTERLIN, Anna


Registered Address	152 - 160 Kemp House
	City Road
	London
	EC1V 2NX


Registered Number	07492851 (England and Wales)

MOCCIS LTD

Statement of Financial Position
31 March 2021

	Notes	2021		2020
		£	£	£	£
Fixed assets
Tangible assets	6		3,491		2,409
			3,491		2,409
Current assets
Stocks	7	25,982		23,240
Debtors	8	5,320		4,615
Cash at bank and on hand		28,573		3,034
		59,875		30,889
Creditors amounts falling due within one year	9	(34,611)		(33,236)
Net current assets (liabilities)			25,264		(2,347)
Total assets less current liabilities			28,755		62
Creditors amounts falling due after one year	10		(27,100)		-
Provisions for liabilities	11		(663)		-
Net assets			992		62
Capital and reserves
Called up share capital			100		100
Profit and loss account			892		(38)
Shareholders' funds			992		62

The company was entitled to exemption from audit for this reporting period 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Director on 1 August 2021, and are signed on its behalf by:

WETTERLIN, Anna
Director
Registered Company No. 07492851

MOCCIS LTD

Notes to the Financial Statements
for the year ended 31 March 2021

1.	STATUTORY INFORMATION
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	COMPLIANCE WITH APPLICABLE REPORTING FRAMEWORK
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	ACCOUNTING POLICIES

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

		Reducing balance (%)
	Plant and machinery	33
	Fixtures and fittings	33
	Office Equipment	33

	Intangible assets policy
	Intangible fixed assets are stated at cost or valuation less amortisation.

	Inventories policy
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Deferred tax policy
	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.

Deferred tax policy

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.

	Foreign currency translation and operations policy
	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.

Foreign currency translation and operations policy

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.

	Government grants and other government assistance policy
	Business interruption payments received in the form of government grant: Bounce Back loan. The accounting policy of the entity adopted for grants is that of the accrual model, and these grants are recognized in the financial statements following the reasonable assurance that the grants will be received, and all the conditions attached to them were fulfilled.

4.	EMPLOYEE INFORMATION

		2021		2020
	Average number of employees during the year	1		1

5.	INTANGIBLE ASSETS

	Other £	Total £
Cost or valuation
At 01 April 20	10,817	10,817
At 31 March 21	10,817	10,817
Amortisation and impairment
At 01 April 20	10,817	10,817
At 31 March 21	10,817	10,817
Net book value
At 31 March 20	-	-

6.	PROPERTY, PLANT AND EQUIPMENT

	Fixtures & fittings £	Office Equipment £	Total £
Cost or valuation
At 01 April 20	867	11,623	12,490
Additions	-	2,456	2,456
Disposals	(867)	(9,486)	(10,353)
At 31 March 21	-	4,593	4,593
Depreciation and impairment
At 01 April 20	867	9,214	10,081
Charge for year	-	982	982
On disposals	(867)	(9,094)	(9,961)
At 31 March 21	-	1,102	1,102
Net book value
At 31 March 21	-	3,491	3,491
At 31 March 20	-	2,409	2,409

7.	INVENTORIES

		2021 £		2020 £
	Finished goods	25,982		23,240
	Total	25,982		23,240

8.	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.

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.

	2021 £	2020 £
Trade debtors / trade receivables	2,243	2,417
Other debtors	2,484	1,441
Prepayments and accrued income	593	757
Total	5,320	4,615

9.	CREDITORS WITHIN ONE YEAR
	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.

	2021 £	2020 £
Trade creditors / trade payables	14,725	2,452
Bank borrowings and overdrafts	1,409	3,687
Taxation and social security	6,878	3,365
Other creditors	11,599	23,732
Total	34,611	33,236

10.	CREDITORS AFTER ONE YEAR

		2021 £		2020 £
	Bank borrowings and overdrafts	27,100		-
	Total	27,100		-

11.	PROVISIONS FOR LIABILITIES

		2021 £		2020 £
	Net deferred tax liability (asset)	663		-
	Total	663		-