MOVABLE TYPE LIMITED

Company Registration Number:
02199624 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

MOVABLE TYPE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

MOVABLE TYPE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 593 95
Total fixed assets: 593 95
Current assets
Debtors:   14,467 10,345
Cash at bank and in hand: 47,459 10,984
Total current assets: 61,926 21,329
Creditors: amounts falling due within one year:   (26,723) (8,434)
Net current assets (liabilities): 35,203 12,895
Total assets less current liabilities: 35,796 12,990
Total net assets (liabilities): 35,796 12,990
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 35,794 12,988
Shareholders funds: 35,796 12,990

The notes form part of these financial statements

MOVABLE TYPE LIMITED

Balance sheet statements

For the year ending 31 March 2024 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 August 2024
and signed on behalf of the board by:

Name: C D Veness
Status: Director

The notes form part of these financial statements

MOVABLE TYPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

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

Turnover policy

Turnover is derived from the principal activity of consultancy in the field of computer graphics.Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.In line with Financial Reporting Standard 102, income has been recognised when the company obtains the right to consideration in exchange for its performance.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 50% on cost and 20% on cost

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.Going concernThe director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis of preparation in preparing the financial statements.

MOVABLE TYPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

MOVABLE TYPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 5,662
Additions 712
At 31 March 2024 6,374
Depreciation
At 01 April 2023 5,567
Charge for year 214
At 31 March 2024 5,781
Net book value
At 31 March 2024 593
At 31 March 2023 95

MOVABLE TYPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Related party transactions

The company is controlled by the director.