Mojaa Technologies Ltd Filleted accounts for Companies House (small and micro)

MOJAA TECHNOLOGIES LTD - Company Information

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COMPANY REGISTRATION NUMBER: 13726664

Mojaa Technologies Ltd

Filleted Unaudited Financial Statements

31 March 2023

Mojaa Technologies Ltd

Financial Statements

Period from 5 November 2021 to 31 March 2023

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Mojaa Technologies Ltd

Statement of Financial Position

31 March 2023

	31 Mar 23
Note	£

Current assets

Debtors	5	614
Cash at bank and in hand		10,956
		--------
		11,570

Creditors: amounts falling due within one year	6	152,858
		---------
Net current liabilities		141,288
		---------
Total assets less current liabilities		( 141,288)
		---------
Net liabilities		( 141,288)
		---------

Capital and reserves

Called up share capital	108
Share premium account	264,992
Profit and loss account	( 406,388)
	---------
Shareholders deficit	( 141,288)
	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 4 August 2023 , and are signed on behalf of the board by:

R M Malcolm
Director

Company registration number: 13726664

Mojaa Technologies Ltd

Notes to the Financial Statements

Period from 5 November 2021 to 31 March 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 293-295 Old Street, London, EC1V 9LA, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis which relies upon the continuing support of the investors.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 3 .

5. Debtors

	31 Mar 23
	£
Other debtors	614
	----

6. Creditors: amounts falling due within one year

	31 Mar 23
	£
Trade creditors	6,808
Other creditors	146,050
	---------
	152,858
	---------

7. Director's advances, credits and guarantees

At the period end the company was owed £100 by the directors. During the year the company made aggregate advances of £100 to the directors and the directors made aggregate repayments of £Nil. No interest was charged on the outstanding balance.