8 MOBILE LIMITED

8 MOBILE LIMITED

8 MOBILE LIMITED - Company Information

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8 MOBILE LIMITED

Company Registration Number:
07119591 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

8 MOBILE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2017

Balance sheet
Notes

8 MOBILE LIMITED

Balance sheet

As at 31 March 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 39,767 61,987
Total fixed assets: 39,767 61,987
Current assets
Stocks: 245,665 245,605
Debtors:   371,730 166,021
Cash at bank and in hand: 112,795 233,414
Total current assets: 730,190 645,040
Creditors: amounts falling due within one year:   (287,323) (155,063)
Net current assets (liabilities): 442,867 489,977
Total assets less current liabilities: 482,634 551,964
Total net assets (liabilities): 482,634 551,964
Capital and reserves
Called up share capital: 16 16
Profit and loss account: 482,618 551,948
Shareholders funds: 482,634 551,964

The notes form part of these financial statements

8 MOBILE LIMITED

Balance sheet statements

For the year ending 31 March 2017 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 December 2017
and signed on behalf of the board by:

Name: Kevin Patel
Status: Director

The notes form part of these financial statements

8 MOBILE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. 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 & Machinery Reducing balance at 25%Motor Vehicles Reducing balance at 25%Fixtures & Fittings Reducing balance at 25%Computer Equipment Reducing balance at 25%Reducing balance at 25% Reducing balance at 25% Reducing balance at 25% Reducing balance at 25%

8 MOBILE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017


2. Tangible Assets

Total
Cost £
At 01 April 2016 142,060
Additions 0
Disposals (28,333)
At 31 March 2017 113,727
Depreciation
At 01 April 2016 80,073
Charge for year 13,255
On disposals (19,368)
At 31 March 2017 73,960
Net book value
At 31 March 2017 39,767
At 31 March 2016 61,987