Company Registration No. 07043024 (England and Wales)
Moreable Limited
Unaudited accounts
for the year ended 31 October 2023
Moreable Limited
Unaudited accounts
Contents
Moreable Limited
Company Information
for the year ended 31 October 2023
Directors
Mr. J Davison
Mrs S E Davison
Hayley Louise Davison
Company Number
07043024 (England and Wales)
Registered Office
6 Benson Close
Bicester
Oxon
0X26 4FQ
Moreable Limited
Statement of financial position
as at 31 October 2023
Tangible assets
29,520
41,580
Cash at bank and in hand
130,005
139,948
Creditors: amounts falling due within one year
(34,990)
(15,019)
Net current assets
159,629
171,442
Net assets
189,149
213,022
Called up share capital
2
2
Share premium
19,998
19,998
Profit and loss account
169,149
193,022
Shareholders' funds
189,149
213,022
For the year ending 31 October 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Mr. J Davison
Director
Company Registration No. 07043024
Moreable Limited
Notes to the Accounts
for the year ended 31 October 2023
Moreable Limited is a private company, limited by shares, registered in England and Wales, registration number 07043024. The registered office is 6 Benson Close, Bicester, Oxon, 0X26 4FQ.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Land & buildings
No Depreciation
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Moreable Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2022
11,386
410
44,551
7,646
5,170
69,163
At 31 October 2023
11,386
410
44,551
7,646
5,170
69,163
At 1 November 2022
-
410
16,862
7,646
2,665
27,583
Charge for the year
-
-
11,138
-
922
12,060
At 31 October 2023
-
410
28,000
7,646
3,587
39,643
At 31 October 2023
11,386
-
16,551
-
1,583
29,520
At 31 October 2022
11,386
-
27,689
-
2,505
41,580
Amounts falling due within one year
Trade debtors
34,123
32,263
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
19,474
3,714
Taxes and social security
1,204
2,626
Other creditors
7,571
1,501
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).