Company Registration No. 06227252 (England and Wales)
Mobiquitis Ltd
Report and Accounts
for the period from 6 April 2016 to 31 March 2017
Mobiquitis Ltd
Report and Accounts
Contents
Mobiquitis Ltd
Company Information
for the period from 6 April 2016 to 31 March 2017
Directors
Brett Iain Smith
Paula Jane Smith
Secretary
Mrs Paula Jane Smith
Company Number
06227252 (England and Wales)
Registered Office
113 BURNT HILL ROAD
LOWER BOURNE
FARNHAM
SURREY
GU10 3LH
Mobiquitis Ltd
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
6,171
17,714
Creditors: amounts falling due within one year
(45,846)
(39,653)
Net current assets
4,449
6,601
Called up share capital
100
100
Profit and loss account
4,526
6,854
Shareholders' funds
4,626
6,954
For the period ending 31 March 2017 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 December 2017.
Brett Iain Smith
Director
Company Registration No. 06227252
Mobiquitis Ltd
Notes to the Accounts
for the period from 6 April 2016 to 31 March 2017
Mobiquitis Ltd is a private company, limited by shares, registered in England and Wales, registration number 06227252. The registered office is 113 BURNT HILL ROAD, LOWER BOURNE, FARNHAM, SURREY, GU10 3LH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 6 April 2016 to 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 6 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% straight line
4
Tangible fixed assets
Total
Mobiquitis Ltd
Notes to the Accounts
for the period from 6 April 2016 to 31 March 2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the period the average number of employees was 0 (2016: 0).
