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REGISTERED NUMBER: 05837035 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Movex Equipment Limited

Movex Equipment Limited (Registered number: 05837035)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Movex Equipment Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: W Wilkes
D Bell
G Gledhill





SECRETARY: G Gledhill





REGISTERED OFFICE: D16 Rivington Court
Walter Leigh Way
Moss Industrial Estate
Leigh
Greater Manchester
WN7 3PT





REGISTERED NUMBER: 05837035 (England and Wales)





ACCOUNTANTS: KJA Kilner Johnson Ltd
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

Movex Equipment Limited (Registered number: 05837035)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,040 36,377

CURRENT ASSETS
Stocks 89,098 267,894
Debtors 5 340,138 419,980
Cash at bank 134,775 111,920
564,011 799,794
CREDITORS
Amounts falling due within one year 6 462,052 554,513
NET CURRENT ASSETS 101,959 245,281
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,999

281,658

PROVISIONS FOR LIABILITIES 8,510 6,912
NET ASSETS 127,489 274,746

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 127,488 274,745
127,489 274,746

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Movex Equipment Limited (Registered number: 05837035)

Balance Sheet - continued
30 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





G Gledhill - Director


Movex Equipment Limited (Registered number: 05837035)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Movex Equipment 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 - 10% straight line

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 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.

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 2 (2023 - 2 ) .

Movex Equipment Limited (Registered number: 05837035)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 40,222
Additions 1,820
At 30 June 2024 42,042
DEPRECIATION
At 1 July 2023 3,845
Charge for year 4,157
At 30 June 2024 8,002
NET BOOK VALUE
At 30 June 2024 34,040
At 30 June 2023 36,377

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 212,464 295,506
Amounts owed by group undertakings 47,658 42,307
Other debtors 80,016 82,167
340,138 419,980

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 141,710 400,050
Amounts owed to group undertakings 253,364 147,000
Taxation and social security 33,849 5,233
Other creditors 33,129 2,230
462,052 554,513

7. ULTIMATE CONTROLLING PARTY

The controlling party is Auto Extract (Holdings) Limited.

The ultimate controlling party is The Lev Group Limited.