Corporate Mobile Communications Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 02791947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022

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

3,707

4,551

3,707

4,551

CURRENT ASSETS

Debtors

6

464,681

387,306

Cash at bank

284,022

276,650

748,703

663,956

CREDITORS

Amounts falling due within one year

7

(558,720

)

(508,783

)

NET CURRENT ASSETS

189,983

155,173

TOTAL ASSETS LESS CURRENT LIABILITIES

193,690

159,724

CREDITORS

Amounts falling due after more than one year

8

(44,804

)

(47,500

)

NET ASSETS

148,886

112,224

CAPITAL AND RESERVES

Called up share capital

14,000

14,000

Capital redemption reserve

9,333

9,333

Retained earnings

125,553

88,891

SHAREHOLDERS' FUNDS

148,886

112,224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 27 February 2023 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 (2021 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2021

and 31 May 2022

30,000

AMORTISATION

At 1 June 2021

and 31 May 2022

30,000

NET BOOK VALUE

At 31 May 2022

-

At 31 May 2021

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2021

13,652

Additions

391

At 31 May 2022

14,043

DEPRECIATION

At 1 June 2021

9,101

Charge for year

1,235

At 31 May 2022

10,336

NET BOOK VALUE

At 31 May 2022

3,707

At 31 May 2021

4,551

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

186,799

145,456

Other debtors

277,882

241,850

464,681

387,306

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

2,500

2,500

Trade creditors

477,657

397,622

Corporation tax

40,177

45,186

Social security and other taxes

438

1,425

Pension contributions

164

164

VAT

37,734

61,886

Accrued expenses

50

-

558,720

508,783

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loan

44,804

47,500

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

44,804

47,500