Motional Ltd Filleted Accounts Cover
Motional Ltd
Company No. 09402299
Information for Filing with The Registrar
For the Year Ended
31 January 2024
Motional Ltd Balance Sheet Registrar
at
31 January 2024
Company No.
09402299
Notes
2024
2023
£
£
Fixed assets
Investments
4
504,000504,000
504,000504,000
Current assets
Cash at bank and in hand
60,437557
60,437557
Creditors: Amount falling due within one year
5
(3,116)
(1,947)
Net current assets/(liabilities)
57,321
(1,390)
Total assets less current liabilities
561,321502,610
Net assets
561,321502,610
Capital and reserves
Called up share capital
6
135135
Profit and loss account
7
561,186502,475
Total equity
561,321502,610
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 January 2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 22 March 2024 and signed on its behalf by:
J. McLaughlin
Director
22 March 2024
Motional Ltd Notes to the Accounts Registrar
for the year ended 31 January 2024
1
General information
Motional Ltd is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 09402299
Its registered office is:
Office 8, No. 11 Riverside
Riverside Park
Farnham
Surrey
GU9 7UG
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
2
Accounting policies
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Dividend
Equity dividends are recognised when they become legally payable. Interim equity dividends are
recognised when paid. Final equity dividends are recognised when approved by the shareholders at the Annual General Meeting.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
33
4
Investments
Investment in Subsidiaries
Total
£
£
Cost or valuation
At 1 February 2023
504,000
504,000
At 31 January 2024
504,000
504,000
Provisions/Impairment
Net book values
At 31 January 2024
504,000
504,000
At 31 January 2023
504,000
504,000
5
Creditors:
amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings
2,331
1,162
Accruals and deferred income
785785
3,1161,947
6
Share Capital
Share capital includes following:
2024
2023
£
£
100 ordinary shares of £1
100
100
35 Growth shares of £1
35
35
135
135
7
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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