Messenger Mobile Services Limited
Messenger Mobile Services Limited
Registered number: 05335961
Unaudited Financial Statements
For The Year Ended
30 April 2023
Messenger Mobile Services Limited
Unaudited Financial Statements
For The Year Ended
30 April 2023
Unaudited Financial Statements
Contents | |
Page | |
---|---|
Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—5 |
Page 1
Messenger Mobile Services Limited
Balance Sheet
As At
30 April 2023
Balance Sheet
Registered number:
05335961
For the year ending 30 April 2023 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
2023 | 2022 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Intangible Assets | 4 |
|
|
||
Tangible Assets | 5 |
|
|
||
|
|
||||
CURRENT ASSETS | |||||
Debtors | 6 |
|
|
||
Cash at bank and in hand |
|
|
|||
|
|
||||
Creditors: Amounts Falling Due Within One Year | 7 |
( |
( |
||
NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
Creditors: Amounts Falling Due After More Than One Year | 8 |
|
( |
||
NET ASSETS |
|
|
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 10 |
|
|
||
Profit and Loss Account |
|
|
|||
SHAREHOLDERS' FUNDS | 219,989 | 152,094 | |||
Page 1
Page 2
Messenger Mobile Services Limited
Balance Sheet (continued)
As At
30 April 2023
On behalf of the board
Director
|
|
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Messenger Mobile Services Limited
Notes to the Financial Statements
For The Year Ended
30 April 2023
Notes to the Financial Statements
1.
General Information
Messenger Mobile Services Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
05335961
. The registered office is Bishopsgarth, Brady Road, Lyminge, Folkestone, Kent, CT18 8HA.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Equipment |
|
Motor Vehicles |
|
2.4.
Leases
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
3.
Average Number of Employees
Average number of employees, including directors, during the year was:
2023 | 2022 | ||
---|---|---|---|
Office and administration |
|
|
|
Manufacturing |
|
|
|
|
|
||
Page 3
Page 4
Messenger Mobile Services Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 April 2023
4.
Intangible Assets
Franchise | |||
---|---|---|---|
£ | |||
Cost | |||
As at
|
|
||
As at
|
|
||
Net Book Value | |||
As at
|
|
||
As at
|
|
||
5.
Tangible Assets
Plant & Equipment | Motor Vehicles | Total | |
---|---|---|---|
£ | £ | £ | |
Cost | |||
As at
|
|
|
|
Additions |
|
|
|
As at
|
|
|
|
Depreciation | |||
As at
|
|
|
|
Provided during the period |
|
|
|
As at
|
|
|
|
Net Book Value | |||
As at
|
|
|
|
As at
|
|
|
|
Included above are assets held under finance leases with a net book value as follows:
2023 | 2022 | ||
---|---|---|---|
£ | £ | ||
Motor Vehicles |
|
|
|
|
|
||
6.
Debtors
2023 | 2022 | ||
---|---|---|---|
£ | £ | ||
Due within one year | |||
Trade debtors |
|
|
|
Prepayments and accrued income |
|
|
|
Other debtors |
|
|
|
|
|
||
Page 4
Page 5
Messenger Mobile Services Limited
Notes to the Financial Statements (continued)
For The Year Ended
30 April 2023
7.
Creditors: Amounts Falling Due Within One Year
2023 | 2022 | ||
---|---|---|---|
£ | £ | ||
Net obligations under finance leases |
|
|
|
Trade creditors |
|
|
|
Bank loans and overdrafts |
|
|
|
Corporation tax |
|
|
|
Other taxes and social security |
|
|
|
VAT |
|
|
|
Accruals and deferred income |
|
|
|
Directors' loan accounts |
|
|
|
|
|
||
8.
Creditors: Amounts Falling Due After More Than One Year
2023 | 2022 | ||
---|---|---|---|
£ | £ | ||
Bank loans |
|
|
|
|
|
||
9.
Obligations Under Finance Leases
2023 | 2022 | ||
---|---|---|---|
£ | £ | ||
The future minimum finance lease payments are as follows: | |||
Not later than one year |
|
|
|
Later than one year and not later than five years |
|
|
|
Later than five years |
|
|
|
|
|
||
|
|
||
10.
Share Capital
2023 | 2022 | ||
---|---|---|---|
£ | £ | ||
Allotted, Called up and fully paid |
|
|
|
Page 5