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REGISTERED NUMBER: 04753623 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

MOONRAKER MOTORCYCLES LIMITED

MOONRAKER MOTORCYCLES LIMITED (REGISTERED NUMBER: 04753623)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOONRAKER MOTORCYCLES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: P T Clarke
Mrs K Clarke





REGISTERED OFFICE: Ingram House
Meridian Way
Norwich
Norfolk
NR7 0TA





REGISTERED NUMBER: 04753623 (England and Wales)





ACCOUNTANTS: LEES
Chartered Certified Accountants
Ingram House
Meridian Way
Norwich
Norfolk
NR7 0TA

MOONRAKER MOTORCYCLES LIMITED (REGISTERED NUMBER: 04753623)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,581 36,468

CURRENT ASSETS
Stocks 556,697 539,062
Debtors 5 318,096 373,950
Cash at bank and in hand 423,342 450,119
1,298,135 1,363,131
CREDITORS
Amounts falling due within one year 6 301,925 525,882
NET CURRENT ASSETS 996,210 837,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,021,791

873,717

PROVISIONS FOR LIABILITIES 28,892 37,212
NET ASSETS 992,899 836,505

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 992,699 836,305
SHAREHOLDERS' FUNDS 992,899 836,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





P T Clarke - Director


MOONRAKER MOTORCYCLES LIMITED (REGISTERED NUMBER: 04753623)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Moonraker Motorcycles Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

MOONRAKER MOTORCYCLES LIMITED (REGISTERED NUMBER: 04753623)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 December 2022 1,612 33,045 5,404 42,768 82,829
Additions - - 1,680 - 1,680
At 30 November 2023 1,612 33,045 7,084 42,768 84,509
DEPRECIATION
At 1 December 2022 1,611 16,991 4,370 23,389 46,361
Charge for year - 5,340 583 6,644 12,567
At 30 November 2023 1,611 22,331 4,953 30,033 58,928
NET BOOK VALUE
At 30 November 2023 1 10,714 2,131 12,735 25,581
At 30 November 2022 1 16,054 1,034 19,379 36,468

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 1,838 45,121
Other debtors 20,243 19,714
22,081 64,835

Amounts falling due after more than one year:
Other debtors 296,015 309,115

Aggregate amounts 318,096 373,950

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 195,112 471,334
Taxation and social security 88,159 26,646
Other creditors 18,654 27,902
301,925 525,882

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 'A' £1 100 100
100 Ordinary 'B' £1 100 100
200 200

MOONRAKER MOTORCYCLES LIMITED (REGISTERED NUMBER: 04753623)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
P T Clarke and Mrs K Clarke
Balance outstanding at start of year 13,852 20,464
Amounts advanced 39,631 17,888
Amounts repaid (38,853 ) (24,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,630 13,852