Company Registration No. 13888527 (England and Wales)
MOVVEIT LIMITED
Unaudited accounts
for the period from 1 March 2023 to 31 August 2024
MOVVEIT LIMITED
Unaudited accounts
Contents
MOVVEIT LIMITED
Company Information
for the period from 1 March 2023 to 31 August 2024
Directors
OLUWATOYIN WASIU BANJO
YUSUFF ADENIYI YUSUFF
Company Number
13888527 (England and Wales)
Registered Office
8 Brands Hatch Gardens
Wolverhampton
WV10 6GQ
England
Accountants
NT&M UK LIMITED
37A PARK LANE
MINWORTH
SUTTON COLDFIELD
WEST MIDLANDS
B76 9BL
MOVVEIT LIMITED
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
3,099
1,404
Creditors: amounts falling due within one year
(5,793)
(1,000)
Net current assets
13,106
404
Called up share capital
281,791
184,177
Profit and loss account
(265,171)
(183,255)
Shareholders' funds
16,620
922
For the period 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 13 October 2024 and were signed on its behalf by
OLUWATOYIN WASIU BANJO
Director
Company Registration No. 13888527
MOVVEIT LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 31 August 2024
MOVVEIT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13888527. The registered office is 8 Brands Hatch Gardens, Wolverhampton, WV10 6GQ, England.
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 period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight line method
Computer equipment
Straight line method
The company has engaged 8 Consultants for the software development, testing and controls.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
200
491
691
Additions
2,556
1,612
4,168
At 31 August 2024
2,756
2,103
4,859
At 1 March 2023
50
123
173
Charge for the period
677
495
1,172
At 31 August 2024
727
618
1,345
At 31 August 2024
2,029
1,485
3,514
At 28 February 2023
150
368
518
MOVVEIT LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 31 August 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
7
Average number of employees
During the period the average number of employees was 2 (2023: 0).