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REGISTERED NUMBER: 05106121 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

MOTION SYSTEMS LIMITED

MOTION SYSTEMS LIMITED (REGISTERED NUMBER: 05106121)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MOTION SYSTEMS LIMITED

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTORS: M S McMahon
P J Thompson





SECRETARY: Mrs A McMahon





REGISTERED OFFICE: Unit 27 Heron Business Park
Tan House Lane
Widnes
Cheshire
WA8 0SW





REGISTERED NUMBER: 05106121 (England and Wales)





ACCOUNTANTS: Hayes & Co
Chartered Accountants
Suite 2 Beswick House
Greenfold Way
Leigh
Lancashire
WN7 3XJ

MOTION SYSTEMS LIMITED (REGISTERED NUMBER: 05106121)

ABRIDGED BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,588 38,993

CURRENT ASSETS
Stocks 191,850 160,142
Debtors 349,671 466,710
Cash at bank and in hand 865,559 777,144
1,407,080 1,403,996
CREDITORS
Amounts falling due within one year 388,714 480,521
NET CURRENT ASSETS 1,018,366 923,475
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,062,954

962,468

PROVISIONS FOR LIABILITIES 11,147 7,409
NET ASSETS 1,051,807 955,059

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Capital redemption reserve 33,334 33,334
Retained earnings 968,473 871,725
SHAREHOLDERS' FUNDS 1,051,807 955,059

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

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

MOTION SYSTEMS LIMITED (REGISTERED NUMBER: 05106121)

ABRIDGED BALANCE SHEET - continued
30 April 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 August 2024 and were signed on its behalf by:




M S McMahon - Director



P J Thompson - Director


MOTION SYSTEMS LIMITED (REGISTERED NUMBER: 05106121)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Motion Systems 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.

The financial statements have been prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% 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 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.

MOTION SYSTEMS LIMITED (REGISTERED NUMBER: 05106121)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 201,812
Additions 35,275
Disposals (23,263 )
At 30 April 2024 213,824
DEPRECIATION
At 1 May 2023 162,819
Charge for year 29,680
Eliminated on disposal (23,263 )
At 30 April 2024 169,236
NET BOOK VALUE
At 30 April 2024 44,588
At 30 April 2023 38,993

5. RELATED PARTY DISCLOSURES

The Trustees of the Greyfriars Preferred Retirement Account Re: M McMahon (a director of the company) owns the property occupied by the company. Rent and other charges amounting to £16,914 (2023: £16,326) has been charged during the year.