Company Registration No. 6918197 (England and Wales)
Mojeek Limited
Unaudited accounts
for the year ended 31 May 2017
Mojeek Limited
Unaudited accounts
Contents
Mojeek Limited
Company Information
for the year ended 31 May 2017
Directors
Mr M Smith
Mrs J Ho
Mr W Darby
Company Number
6918197 (England and Wales)
Registered Office
Unit 3B Croft Works
Diplocks Way
Hailsham
East Sussex
BN27 3JF
Accountants
Brewer and Company
1 Abbotsleigh House
3 Dalton Road
Eastbourne
East Sussex
BN20 7NP
Mojeek Limited
Statement of financial position
as at
31 May 2017
Tangible assets
50,130
66,125
Cash at bank and in hand
37,180
11,618
Creditors: amounts falling due within one year
1,924
(30,350)
Net current assets/(liabilities)
39,104
(260)
Called up share capital
840
792
Share premium
506,555
406,603
Profit and loss account
(418,161)
(341,530)
Shareholders' funds
89,234
65,865
For the year ending 31 May 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.
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 9 February 2018.
Mr M Smith
Director
Company Registration No. 6918197
Mojeek Limited
Notes to the Accounts
for the year ended 31 May 2017
Mojeek Limited is a private company, limited by shares, registered in England and Wales, registration number 6918197. The registered office is Unit 3B Croft Works, Diplocks Way, Hailsham, East Sussex, BN27 3JF.
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 year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum on the reducing instalment basis
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
16,700
Mojeek Limited
Notes to the Accounts
for the year ended 31 May 2017
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
(2,274)
-
7
Share capital
2017
2016
Allotted, called up and fully paid:
64,000 A Ordinary shares of £0.01 each
640
592
20,000 B Ordinary shares of £0.01 each
200
200
Shares issued during the period:
4,800 A Ordinary shares of £0.01 each
48
8
Average number of employees
During the year the average number of employees was 2 (2016: 1).