Company registration number 11881991 (England and Wales)
MOMENTUM COLLECTIVE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
MOMENTUM COLLECTIVE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MOMENTUM COLLECTIVE LTD
BALANCE SHEET
AS AT 31 AUGUST 2023
31 August 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Intangible assets
2
100
200
Tangible assets
3
18,907
21,802
19,007
22,002
Current assets
Debtors
4
840
1,095
Cash at bank and in hand
809
-
0
1,649
1,095
Creditors: amounts falling due within one year
5
(21,908)
(23,744)
Net current liabilities
(20,259)
(22,649)
Total assets less current liabilities
(1,252)
(647)
Creditors: amounts falling due after more than one year
6
(28,402)
(29,009)
Provisions for liabilities
-
0
(4,142)
Net liabilities
(29,654)
(33,798)
Capital and reserves
Called up share capital
7
10
10
Profit and loss reserves
(29,664)
(33,808)
Total equity
(29,654)
(33,798)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 23 April 2024
Ms A Neurock
Director
Company Registration No. 11881991
MOMENTUM COLLECTIVE LTD
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023
31 August 2023
- 2 -
1
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
2
Intangible fixed assets
Goodwill
£
Cost
At 1 September 2022 and 31 August 2023
500
Amortisation and impairment
At 1 September 2022
300
Amortisation charged for the year
100
At 31 August 2023
400
Carrying amount
At 31 August 2023
100
At 31 August 2022
200
3
Tangible fixed assets
Land and buildings
Plant and machinery
Total
£
£
£
Cost
At 1 September 2022
8,440
23,929
32,369
Additions
-
0
462
462
At 31 August 2023
8,440
24,391
32,831
Depreciation and impairment
At 1 September 2022
1,278
9,289
10,567
Depreciation charged in the year
422
2,935
3,357
At 31 August 2023
1,700
12,224
13,924
Carrying amount
At 31 August 2023
6,740
12,167
18,907
At 31 August 2022
7,162
14,640
21,802
MOMENTUM COLLECTIVE LTD
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023
31 August 2023
- 3 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
840
1,095
5
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
-
0
1,704
Other creditors
21,908
22,040
21,908
23,744
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
15,393
16,000
Other creditors
13,009
13,009
28,402
29,009
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 10p each
80
80
8
8
A Ordinary shares of 10p each
10
10
1
1
B Ordinary shares of 10p each
10
10
1
1
100
100
10
10
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