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Company Registration No. 12033086 (England and Wales)
MOTIVATION AND REWARDS LIMITED Unaudited accounts for the year ended 31 May 2023
MOTIVATION AND REWARDS LIMITED Unaudited accounts Contents
Page
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MOTIVATION AND REWARDS LIMITED Company Information for the year ended 31 May 2023
Directors
Andrew Chase Richard Jay
Company Number
12033086 (England and Wales)
Registered Office
18 CAMPBELLS MEADOW KING'S LYNN NORFOLK PE30 4YN UNITED KINGDOM
Accountants
ALMS Limited 12 Orchard Drive West Walton Cambs PE14 7EZ
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MOTIVATION AND REWARDS LIMITED Accountants' report
Accountants' report to the board of directors of MOTIVATION AND REWARDS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MOTIVATION AND REWARDS LIMITED for the year ended 31 May 2023 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of MOTIVATION AND REWARDS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of MOTIVATION AND REWARDS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than MOTIVATION AND REWARDS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that MOTIVATION AND REWARDS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of MOTIVATION AND REWARDS LIMITED. You consider that MOTIVATION AND REWARDS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MOTIVATION AND REWARDS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
ALMS Limited 12 Orchard Drive West Walton Cambs PE14 7EZ 16 February 2024
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MOTIVATION AND REWARDS LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
443 
509 
Creditors: amounts falling due within one year
(16,294)
(3,921)
Net current liabilities
(15,851)
(3,412)
Total assets less current liabilities
(15,851)
(3,412)
Creditors: amounts falling due after more than one year
(30,152)
(39,781)
Net liabilities
(46,003)
(43,193)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(47,003)
(44,193)
Shareholders' funds
(46,003)
(43,193)
For the year ending 31 May 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 February 2024 and were signed on its behalf by
Richard Jay Director Company Registration No. 12033086
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MOTIVATION AND REWARDS LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
MOTIVATION AND REWARDS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12033086. The registered office is 18 CAMPBELLS MEADOW, KING'S LYNN, NORFOLK, PE30 4YN, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
15,794 
2,841 
Accruals
500 
1,080 
16,294 
3,921 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
30,152 
39,781 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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