Registered Number:07015633 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2024
More Systems Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
More Systems Ltd
Statement of Financial Position
30/9/2023
30/9/2024
Property, plant and equipment |
-
194
2
-
194
Trade and other receivables |
35
35
3
285
Cash and cash equivalents |
1,212
1,247
320
Trade and other payables: amounts falling due within one year |
(14,141)
(9,987)
4
(13,821)
(8,740)
Net current liabilities
Total assets less current liabilities |
(8,740)
(13,627)
Trade and other payables: amounts falling due after more than one year |
(23,427)
(25,127)
5
(33,867)
Net liabilities
(37,054)
20
20
(33,887)
(37,074)
(33,867)
(37,054)
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Robert Harper Director |
These financial statements were approved and authorised for issue by the Board on 15 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2024
More Systems Ltd
Notes to the Financial Statements
Statutory Information
More Systems Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 07015633. |
Tremough Innovation Centre
Tremough Campus
Penryn
Cornwall
TR10 9TA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Property, plant and equipment |
Fixtures and fittings
1,183
1,183
Provision for depreciation and impairment |
989
Charge for year
194
1,183
-
194
3. Trade and other receivables |
30/9/2023
30/9/2024
35
35
The debtors above include the following amounts falling due after more than one year: |
35
35
2 of 3
For the year ended 30 September 2024
More Systems Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
30/9/2023
30/9/2024
-
1,050
(1)
1
Taxation and social security |
5,138
7,538
4,850
5,552
9,987
14,141
5. Trade and other payables: amounts falling due after more than one year |
30/9/2023
30/9/2024
25,127
23,427
6. Average number of persons employed |
During the year the average number of employees was 0
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