Corporate Mobile Communications Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02791947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

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

2,781

3,707

2,781

3,707

CURRENT ASSETS

Debtors

6

611,590

464,681

Cash at bank

159,544

284,022

771,134

748,703

CREDITORS

Amounts falling due within one year

7

(532,459

)

(558,720

)

NET CURRENT ASSETS

238,675

189,983

TOTAL ASSETS LESS CURRENT LIABILITIES

241,456

193,690

CREDITORS

Amounts falling due after more than one year

8

(27,536

)

(44,804

)

NET ASSETS

213,920

148,886

CAPITAL AND RESERVES

Called up share capital

14,000

14,000

Capital redemption reserve

9,333

9,333

Retained earnings

190,587

125,553

SHAREHOLDERS' FUNDS

213,920

148,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 29 February 2024 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 (2022 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2022

and 31 May 2023

30,000

AMORTISATION

At 1 June 2022

and 31 May 2023

30,000

NET BOOK VALUE

At 31 May 2023

-

At 31 May 2022

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2022

and 31 May 2023

14,043

DEPRECIATION

At 1 June 2022

10,336

Charge for year

926

At 31 May 2023

11,262

NET BOOK VALUE

At 31 May 2023

2,781

At 31 May 2022

3,707

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

148,812

186,799

Other debtors

462,778

277,882

611,590

464,681

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

9,884

2,500

Trade creditors

437,138

477,657

Corporation tax

48,849

40,177

Social security and other taxes

3,234

438

Pension contributions

164

164

VAT

34,059

37,734

Other creditors

(919

)

-

Accrued expenses

50

50

532,459

558,720

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loan

27,536

44,804

Amounts falling due in more than five years:

Repayable by instalments

Bank loan

27,536

44,804