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Company Registration No. 07627942 (England and Wales)
Dexter Motion Limited Unaudited accounts for the year ended 31 March 2024
Dexter Motion Limited Unaudited accounts Contents
Page
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Dexter Motion Limited Company Information for the year ended 31 March 2024
Director
Stephen G Dexter
Company Number
07627942 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
Accountants
Solid Ltd Eagle House 163 City Road London EC1V 1NR
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Dexter Motion Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,289 
4,382 
Current assets
Debtors
3,790 
1,807 
Cash at bank and in hand
3,815 
4,645 
7,605 
6,452 
Creditors: amounts falling due within one year
(10,482)
(10,508)
Net current liabilities
(2,877)
(4,056)
Net assets
412 
326 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
312 
226 
Shareholders' funds
412 
326 
For the year ending 31 March 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 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 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 and authorised for issue on 16 October 2024 and were signed on its behalf by
Stephen G Dexter Director Company Registration No. 07627942
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Dexter Motion Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Dexter Motion Limited is a private company, limited by shares, registered in England and Wales, registration number 07627942. The registered office is 124 City Road, London, EC1V 2NX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
straight line over 5 years
Fixtures & fittings
straight line over 5 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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Dexter Motion Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
14,077 
370 
14,447 
Additions
129 
- 
129 
At 31 March 2024
14,206 
370 
14,576 
Depreciation
At 1 April 2023
10,013 
52 
10,065 
Charge for the year
1,144 
78 
1,222 
At 31 March 2024
11,157 
130 
11,287 
Net book value
At 31 March 2024
3,049 
240 
3,289 
At 31 March 2023
4,064 
318 
4,382 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
900 
900 
Deferred tax asset
625 
772 
Accrued income and prepayments
2,265 
135 
3,790 
1,807 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
99 
57 
Taxes and social security
739 
1,638 
Other creditors
19 
- 
Loans from directors
9,625 
8,813 
10,482 
10,508 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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