Motional Ltd Filleted Accounts Cover |
Company No. 09402299 | |||||||||
For the Year Ended | |||||||||
Motional Ltd Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2024 | 2023 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Investments | 4 | |||||||||
Current assets | ||||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 5 | ( | ( | |||||||
Net current assets/(liabilities) | ( | |||||||||
Total assets less current liabilities | ||||||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | 7 | |||||||||
Total equity | ||||||||||
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: | ||||||||||||||
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 | ||||||||||||||
Trade and other debtors | ||||||||||||||
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 | ||||||||||||||
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 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: | ||||||||||||||
4 | Investments | |||||||||||||
Investment in Subsidiaries | Total | |||||||||||||
£ | £ | |||||||||||||
Cost or valuation | ||||||||||||||
At 1 February 2023 | ||||||||||||||
At 31 January 2024 | ||||||||||||||
Provisions/Impairment | ||||||||||||||
Net book values | ||||||||||||||
At 31 January 2024 | ||||||||||||||
At 31 January 2023 | ||||||||||||||
5 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Amounts owed to group undertakings | ||||||||||||||
Accruals and deferred income | ||||||||||||||
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 | |||||||||||||