Company Registration No. 11522543 (England and Wales)
Move Inn Supplies Ltd
Unaudited accounts
for the year ended 31 August 2024
Move Inn Supplies Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
610,215
506,694
Inventories
365,000
470,826
Cash at bank and in hand
114,846
78,667
Creditors: amounts falling due within one year
(1,805,189)
(1,220,472)
Net current assets
86,132
82,068
Total assets less current liabilities
696,347
588,762
Creditors: amounts falling due after more than one year
(374,387)
(385,813)
Net assets
321,960
202,949
Called up share capital
1
1
Profit and loss account
321,959
202,948
Shareholders' funds
321,960
202,949
For the year ending 31 August 2024 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 30 September 2024 and were signed on its behalf by
Gurpreet Singh
Director
Company Registration No. 11522543
Move Inn Supplies Ltd
Notes to the Accounts
for the year ended 31 August 2024
Move Inn Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 11522543. The registered office is 46 Vicarage Farm Rd, Hounslow, TW5 0AB, GB.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Land is not depreciated. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 Years
Computer equipment
5 Years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
24,000
25,014
535,165
6,730
590,909
Additions
60,000
-
169,950
-
229,950
At 31 August 2024
84,000
25,014
705,115
6,730
820,859
At 1 September 2023
-
-
81,931
2,284
84,215
Charge for the year
8,400
2,822
113,861
1,346
126,429
At 31 August 2024
8,400
2,822
195,792
3,630
210,644
At 31 August 2024
75,600
22,192
509,323
3,100
610,215
At 31 August 2023
24,000
25,014
453,234
4,446
506,694
Amounts falling due within one year
Trade debtors
1,411,475
753,047
Move Inn Supplies Ltd
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
903,103
449,576
Obligations under finance leases and hire purchase contracts
109,475
122,962
Trade creditors
735,445
647,749
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
333,311
287,348
Loans from directors
32,899
41,100
8
Average number of employees
During the year the average number of employees was 6 (2023: 2).