REGISTERED NUMBER: |
MOVESECURED LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 15 APRIL 2023 TO 30 JUNE 2024 |
REGISTERED NUMBER: |
MOVESECURED LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 15 APRIL 2023 TO 30 JUNE 2024 |
MOVESECURED LTD (REGISTERED NUMBER: 14804514) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 15 April 2023 to 30 June 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Chartered Accountants' Report | 5 |
MOVESECURED LTD |
COMPANY INFORMATION |
for the period 15 April 2023 to 30 June 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Ashbourne House |
The Guildway |
Old Portsmouth Road |
Guildford |
Surrey |
GU3 1LR |
MOVESECURED LTD (REGISTERED NUMBER: 14804514) |
BALANCE SHEET |
30 June 2024 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
MOVESECURED LTD (REGISTERED NUMBER: 14804514) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 15 April 2023 to 30 June 2024 |
1. | STATUTORY INFORMATION |
Movesecured Ltd is a |
For commercial reasons these accounts have been prepared for a 14 month period. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis. The Directors have confirmed that they will provide financial support if required. |
Turnover |
Turnover is recognised to the extent that it is probably that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured at the fair value of consideration received or receivable on the date the provision of home removal services is provided, excluding value added tax. |
Financial instruments |
Financial instruments are classified by directors as basic or non-basic following the conditions on FRS 102 Section 11. Basic financial instruments are initially measured at transaction price and subsequently recognised at amortised cost using the effective interest method. The company does not have any financial non-basic instruments. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
MOVESECURED LTD (REGISTERED NUMBER: 14804514) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 15 April 2023 to 30 June 2024 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
6. | RELATED PARTY DISCLOSURES |
Kelly's Storage Limited |
Within other creditors is a balance of £15,273 owed to Kelly's Storage Limited, a company in which P R Martin is a director. Also, the company procured goods and services totalling £125,098 from Kelly's Storage Limited. At the period-end, there was a balance of £35,762 included within trade creditors due to Kelly's Storage Limited. |
Kelly's Removals & Transport (Guildford) Limited |
Within other debtors is a balance of £99 due from Kelly's Removals & Transport (Guildford) Limited, a company in which P R Martin is a director. |
7. | POST BALANCE SHEET EVENTS |
On 18 September 2024, the company divided its shares from 99 shares at a nominal value of £1.00 to 9,900 shares with a nominal value of £0.01. On the same day 3,300 new shares with a nominal value of £0.01 were issued. |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
MOVESECURED LTD |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Movesecured Ltd for the period ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Movesecured Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Movesecured Ltd and state those matters that we have agreed to state to the Board of Directors of Movesecured Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Movesecured Ltd and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Movesecured Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Movesecured Ltd. You consider that Movesecured Ltd is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Movesecured Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than the Director, who obtain access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk. |
Chartered Accountants |
Ashbourne House |
The Guildway |
Old Portsmouth Road |
Guildford |
Surrey |
GU3 1LR |