Corporate Mobile Communications Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 02791947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2017

FOR

CORPORATE MOBILE COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Thompson

S P Wright

SECRETARY:

R Thompson

REGISTERED OFFICE:

Tego House

Chippenham Drive

Kingston

Milton Keynes

MK10 0AF

REGISTERED NUMBER:

02791947 (England and Wales)

ACCOUNTANTS:

80K Limited

45 Day's Lane

Biddenham

Bedford

Bedfordshire

MK40 4AE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,380

2,059

2,380

2,059

CURRENT ASSETS

Debtors

6

439,692

676,372

Cash at bank

84,119

365,386

523,811

1,041,758

CREDITORS

Amounts falling due within one year

7

(500,518

)

(716,324

)

NET CURRENT ASSETS

23,293

325,434

TOTAL ASSETS LESS CURRENT LIABILITIES

25,673

327,493

CAPITAL AND RESERVES

Called up share capital

19,445

23,333

Capital redemption reserve

3,888

-

Retained earnings

2,340

304,160

SHAREHOLDERS' FUNDS

25,673

327,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 26 February 2018 and were signed on its behalf by:

R Thompson - 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 6 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2016

and 31 May 2017

30,000

AMORTISATION

At 1 June 2016

and 31 May 2017

30,000

NET BOOK VALUE

At 31 May 2017

-

At 31 May 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2016

4,911

Additions

1,114

At 31 May 2017

6,025

DEPRECIATION

At 1 June 2016

2,852

Charge for year

793

At 31 May 2017

3,645

NET BOOK VALUE

At 31 May 2017

2,380

At 31 May 2016

2,059

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

175,400

235,757

Other debtors

62,557

33,950

VAT

6,782

9,778

Prepayments and accrued income

194,953

396,887

439,692

676,372

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

444,359

598,108

Corporation tax

38,485

71,228

Social security and other taxes

2,029

1,702

Pension contributions

46

-

Accrued expenses

15,599

45,286

500,518

716,324