24 May 2023 false No description of principal activity Taxfiler 2024.4 14892068business:PrivateLimitedCompanyLtd2023-05-242024-05-31 148920682023-05-23 148920682023-05-242024-05-31 14892068business:AuditExempt-NoAccountantsReport2023-05-242024-05-31 14892068business:FilletedAccounts2023-05-242024-05-31 148920682024-05-31 14892068business:Director12023-05-242024-05-31 14892068business:RegisteredOffice2023-05-242024-05-31 14892068core:WithinOneYear2024-05-31 14892068core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14892068core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14892068core:PreviouslyStatedAmount2024-05-31 14892068business:SmallEntities2023-05-242024-05-31 14892068countries:EnglandWales2023-05-242024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14892068 (England and Wales)
Faction Moto Ltd Unaudited accounts for the period from 24 May 2023 to 31 May 2024
Faction Moto Ltd Unaudited accounts Contents
Page
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Faction Moto Ltd Company Information for the period from 24 May 2023 to 31 May 2024
Director
Alex Freeman
Company Number
14892068 (England and Wales)
Registered Office
6 Lime Grove Burntwood Staffordshire WS7 0HA England
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Faction Moto Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Current assets
Inventories
4,631 
Debtors
3,399 
Cash at bank and in hand
363 
8,393 
Creditors: amounts falling due within one year
(13,379)
Net current liabilities
(4,986)
Net liabilities
(4,986)
Capital and reserves
Called up share capital
100 
Profit and loss account
(5,086)
Shareholders' funds
(4,986)
For the period ending 31 May 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 director acknowledges his 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 and authorised for issue on 6 August 2024 and were signed on its behalf by
Alex Freeman Director Company Registration No. 14892068
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Faction Moto Ltd Notes to the Accounts for the period from 24 May 2023 to 31 May 2024
1
Statutory information
Faction Moto Ltd is a private company, limited by shares, registered in England and Wales, registration number 14892068. The registered office is 6 Lime Grove, Burntwood, Staffordshire, WS7 0HA, England.
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 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
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
3,399 
5
Creditors: amounts falling due within one year
2024 
£ 
VAT
37 
Other creditors
5,134 
Loans from directors
7,658 
Accruals
550 
13,379 
6
Average number of employees
During the period the average number of employees was 0.
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