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REGISTERED NUMBER: 07094996 (England and Wales)















Moving On Up (Northampton) Ltd.

Unaudited Financial Statements

for the Year Ended 31st December 2023






Moving On Up (Northampton) Ltd. (Registered number: 07094996)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Moving On Up (Northampton) Ltd.

Company Information
for the year ended 31st December 2023







DIRECTORS: Mrs S M Buglass
A C Buglass





SECRETARY: Mrs S M Buglass





REGISTERED OFFICE: 310 Wellingborough Road
Northampton
NN1 4EP





BUSINESS ADDRESS: 10 Atterbury Way
Great Houghton
Northampton
NN4 7AU





REGISTERED NUMBER: 07094996 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Moving On Up (Northampton) Ltd. (Registered number: 07094996)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 68,215 88,746

CURRENT ASSETS
Cash at bank 168,933 48,083

CREDITORS
Amounts falling due within one year 5 84,861 83,229
NET CURRENT ASSETS/(LIABILITIES) 84,072 (35,146 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,287

53,600

PROVISIONS FOR LIABILITIES - 2,437
NET ASSETS 152,287 51,163

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 152,187 51,063
SHAREHOLDERS' FUNDS 152,287 51,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th February 2024 and were signed on its behalf by:





Mrs S M Buglass - Director


Moving On Up (Northampton) Ltd. (Registered number: 07094996)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

Moving On Up (Northampton) Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 13 (2022 - 13 ) .

Moving On Up (Northampton) Ltd. (Registered number: 07094996)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1st January 2023
and 31st December 2023 124,023 45,697 169,720
DEPRECIATION
At 1st January 2023 37,206 43,768 80,974
Charge for year 18,602 1,929 20,531
At 31st December 2023 55,808 45,697 101,505
NET BOOK VALUE
At 31st December 2023 68,215 - 68,215
At 31st December 2022 86,817 1,929 88,746

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 39,194 15,132
Other creditors 45,667 68,097
84,861 83,229

6. CALLED UP SHARE CAPITAL

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