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REGISTERED NUMBER:
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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 |
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MOJO RENTAL UK LIMITED |
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PREVIOUSLY KNOWN AS |
MOJO BARRIERS UK LIMITED |
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REGISTERED NUMBER:
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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 |
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FOR |
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MOJO RENTAL UK LIMITED |
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PREVIOUSLY KNOWN AS |
MOJO BARRIERS UK LIMITED |
MOJO RENTAL UK LIMITED (REGISTERED NUMBER: 03638382) |
PREVIOUSLY KNOWN AS MOJO BARRIERS UK LIMITED |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2018 |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 3 |
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MOJO RENTAL UK LIMITED |
PREVIOUSLY KNOWN AS MOJO BARRIERS UK LIMITED |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2018 |
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DIRECTOR: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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SENIOR STATUTORY AUDITOR: |
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AUDITORS: |
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20 Harcourt Street |
London |
W1H 4HG |
MOJO RENTAL UK LIMITED (REGISTERED NUMBER: 03638382) |
PREVIOUSLY KNOWN AS MOJO BARRIERS UK LIMITED |
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BALANCE SHEET |
31 DECEMBER 2018 |
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2018 | 2017 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 3 |
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Tangible assets | 4 |
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CURRENT ASSETS |
Debtors | 5 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 6 | ( |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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Share premium |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the director on
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MOJO RENTAL UK LIMITED (REGISTERED NUMBER: 03638382) |
PREVIOUSLY KNOWN AS MOJO BARRIERS UK LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2018 |
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1. | STATUTORY INFORMATION |
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Mojo Rental UK Limited is a
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number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover represents total charges made for the hire of barriers and other equipment within the period under review. It also |
includes sales of barriers delivered during the year. |
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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. |
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Tangible fixed assets |
Provisions for depreciation have been made to reduce the cost of each asset to its estimated net realisable value over the |
estimated useful life. The straight line method is used. The rates used are 20% for vehicles, barriers for hire, computers and |
other equipment. |
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Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that |
it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively |
enacted by the balance sheet date. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
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Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in |
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or |
substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
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Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. |
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Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. |
Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange |
differences are taken into account in arriving at the operating result. |
MOJO RENTAL UK LIMITED (REGISTERED NUMBER: 03638382) |
PREVIOUSLY KNOWN AS MOJO BARRIERS UK LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2018 |
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2. | ACCOUNTING POLICIES - continued |
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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. |
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Goodwill |
Goodwill which is stated at cost is amortised over three years which is the period over which the benefit from the goodwill is |
expected to accrue. |
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Going concern |
The financial statements have been prepared on the going concern basis. |
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3. | INTANGIBLE FIXED ASSETS |
Goodwill |
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COST |
At 1 January 2018 |
and 31 December 2018 |
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AMORTISATION |
At 1 January 2018 |
and 31 December 2018 |
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NET BOOK VALUE |
At 31 December 2018 |
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At 31 December 2017 |
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MOJO RENTAL UK LIMITED (REGISTERED NUMBER: 03638382) |
PREVIOUSLY KNOWN AS MOJO BARRIERS UK LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2018 |
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4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
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COST |
At 1 January 2018 |
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Disposals | ( |
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At 31 December 2018 |
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DEPRECIATION |
At 1 January 2018 |
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Charge for year |
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Eliminated on disposal | ( |
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At 31 December 2018 |
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NET BOOK VALUE |
At 31 December 2018 |
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At 31 December 2017 |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
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Other debtors |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade creditors |
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Taxation and social security |
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Other creditors |
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Amounts owed to group undertakings are unsecured and repayable on demand. |
MOJO RENTAL UK LIMITED (REGISTERED NUMBER: 03638382) |
PREVIOUSLY KNOWN AS MOJO BARRIERS UK LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2018 |
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7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
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The Report of the Auditors was unqualified. |
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for and on behalf of
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8. | RELATED PARTY DISCLOSURES |
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Evago Ag,, registered in Germany, became the ultimate holding company on 30th December 2016, when it acquired 100% of |
the shares of the Mojo Barriers Group. |
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During the year ended 31st December 2018 Evago Ag and its subsidiaries made supplies of goods for hire, transport service, |
other direct costs, and accounting, advertising, insurance and management services at a cost of £919,677 ( 2017: £558,913), |
and at 31st December 2018 Evago Ag and its subsidiaries were owed £71,508 ( 2017 :£83,165). During the year ended 31st |
December 2018 Mojo Rental UK Limited made charges totalling £70,557 for transport services and sale of assets ( 2017: £ |
Nil). There was a debtor at 31st December 2018 of £44,696 ( 2017: £ Nil). |
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All of the above charges were made on a commercial basis |
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9. | ULTIMATE CONTROLLING PARTY |
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Since 30th December 2016 the company's ultimate holding company has been Evago Infrastructure Gmbh, a private limited |
company registered in Germany. This company is controlled by Goran Marincic, who is now therefore the ultimate controlling |
party . |