MOMENTUM WORKS LTD

Company Registration Number:
08869324 (England and Wales)

Unaudited abridged accounts for the year ended 30 July 2023

Period of accounts

Start date: 31 July 2022

End date: 30 July 2023

MOMENTUM WORKS LTD

Contents of the Financial Statements

for the Period Ended 30 July 2023

Balance sheet
Notes

MOMENTUM WORKS LTD

Balance sheet

As at 30 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,175,861 2,175,861
Total fixed assets: 2,175,861 2,175,861
Current assets
Stocks: 30,298 28,172
Debtors:   509,625 289,725
Cash at bank and in hand: 529,745 553,750
Total current assets: 1,069,668 871,647
Creditors: amounts falling due within one year:   (22,091) (20,851)
Net current assets (liabilities): 1,047,577 850,796
Total assets less current liabilities: 3,223,438 3,026,657
Creditors: amounts falling due after more than one year:   (828,362) (828,559)
Total net assets (liabilities): 2,395,076 2,198,098
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,394,976 2,197,998
Shareholders funds: 2,395,076 2,198,098

The notes form part of these financial statements

MOMENTUM WORKS LTD

Balance sheet statements

For the year ending 30 July 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 April 2024
and signed on behalf of the board by:

Name: Simon Watts
Status: Director

The notes form part of these financial statements

MOMENTUM WORKS LTD

Notes to the Financial Statements

for the Period Ended 30 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MOMENTUM WORKS LTD

Notes to the Financial Statements

for the Period Ended 30 July 2023

2. Employees

2023 2022
Average number of employees during the period 48 50

MOMENTUM WORKS LTD

Notes to the Financial Statements

for the Period Ended 30 July 2023

3. Tangible Assets

Total
Cost £
At 31 July 2022 2,175,861
At 30 July 2023 2,175,861
Net book value
At 30 July 2023 2,175,861
At 30 July 2022 2,175,861