Company Registration No. 09883872 (England and Wales)
MOCO FX Ltd
Unaudited accounts
for the year ended 30 November 2023
MOCO FX Ltd
Unaudited accounts
Contents
MOCO FX Ltd
Company Information
for the year ended 30 November 2023
Directors
Niel Corbould
Glen Winchester
Company Number
09883872 (England and Wales)
Registered Office
29 Errington Road
Picket Piece
Andover
SP11 6XF
ENGLAND
MOCO FX Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
326,528
347,590
Cash at bank and in hand
116,919
81,243
Creditors: amounts falling due within one year
(31,758)
(57,605)
Net current assets
178,186
160,942
Total assets less current liabilities
504,714
508,532
Creditors: amounts falling due after more than one year
(133,422)
(148,355)
Net assets
371,292
360,177
Called up share capital
100
100
Profit and loss account
371,192
360,077
Shareholders' funds
371,292
360,177
For the year ending 30 November 2023 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 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 of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by
Glen Winchester
Director
Company Registration No. 09883872
MOCO FX Ltd
Notes to the Accounts
for the year ended 30 November 2023
MOCO FX Ltd is a private company, limited by shares, registered in England and Wales, registration number 09883872. The registered office is 29 Errington Road, Picket Piece, Andover, SP11 6XF, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10 YEARS
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
217,333
204,451
2,470
424,254
At 30 November 2023
217,333
204,451
2,470
424,254
At 1 December 2022
-
76,047
617
76,664
Charge for the year
-
20,445
617
21,062
At 30 November 2023
-
96,492
1,234
97,726
At 30 November 2023
217,333
107,959
1,236
326,528
At 30 November 2022
217,333
128,404
1,853
347,590
MOCO FX Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
39,522
96,301
Accrued income and prepayments
12,500
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
29,849
29,314
Loans from directors
(4,391)
(4,391)
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
133,422
148,355
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).