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Registered number: 13899364
Motion Digital Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13899364
31 December 2023 31 December 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 474 11,678
Cash at bank and in hand 3,665 19,412
4,139 31,090
Creditors: Amounts Falling Due Within One Year 5 (24,449 ) (18,236 )
NET CURRENT ASSETS (LIABILITIES) (20,310 ) 12,854
TOTAL ASSETS LESS CURRENT LIABILITIES (20,310 ) 12,854
NET (LIABILITIES)/ASSETS (20,310 ) 12,854
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (20,410 ) 12,754
SHAREHOLDERS' FUNDS (20,310) 12,854
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J Evans
Director
20 September 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Motion Digital Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13899364 . The registered office is 78b King Street, Knutsford, WA16 6ED.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 2)
1 2
4. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 350 11,678
VAT 124 -
474 11,678
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5. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors - 274
Other creditors 19,406 8,962
Taxation and social security 5,043 9,000
24,449 18,236
6. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
The following related party transactions were undertaken during the year:
The director withdrew amounts from the company totalling £Nil (2022: £2,100) and introduced amounts to the company totalling £15,112 (2022: £3,112). At the balance sheet date the amount payable was £16,124 (2022: £1,012).
During the year the company made payments to a connected company totalling £nil and received repayments from the company totalling £1,390. The amount owed to the connected company at the year end was £1,390.  
Dividends were paid to their shareholders in respect of their shareholdings totalling £35,000 (£17,500 per shareholder). 
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
8. Going Concern
The company is able to meet its day to day working capital requirements through the support of the directors and the company's creditors. Therefore the directors consider it appropriate to prepare the financial statements on the going concern basis. 
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