Registered Number 08783143

MOBTAR LIMITED

Abbreviated Accounts

30 November 2015

MOBTAR LIMITED Registered Number 08783143

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,042 1,563
1,042 1,563
Current assets
Debtors 31,696 725
Cash at bank and in hand 80 313
31,776 1,038
Creditors: amounts falling due within one year (15,530 ) (12,375 )
Net current assets (liabilities) 16,246 (11,337 )
Total assets less current liabilities 17,288 (9,774 )
Total net assets (liabilities) 17,288 (9,774 )
Capital and reserves
Called up share capital 3 2,000 1,000
Share premium account 138,344 30,344
Profit and loss account (123,056 ) (41,118 )
Shareholders' funds 17,288 (9,774 )

  • For the year ending 30 November 2015 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 3 March 2016

And signed on their behalf by:
I Greenwald, Director

MOBTAR LIMITED Registered Number 08783143

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1 Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of vat and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment - 25% reducing balance

2 Tangible fixed assets
£
Cost
At 1 December 2014 2,084
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2015 2,084
Depreciation
At 1 December 2014 521
Charge for the year 521
On disposals -
At 30 November 2015 1,042
Net book values
At 30 November 2015 1,042
At 30 November 2014 1,563
3 Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
2,000 Ordinary shares of £1 each (1,000 shares for 2014) 2,000 1,000

During the year the company issued 1,000 ordinary shares at a nominal value of £1 per share. The total proceeds received from this issue were £109,000.