Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302316No description of principal activity2023-05-01falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00821489 2023-05-01 2024-04-30 00821489 2024-04-30 00821489 2022-05-01 2023-04-30 00821489 2023-04-30 00821489 c:Director1 2023-05-01 2024-04-30 00821489 c:Director2 2023-05-01 2024-04-30 00821489 c:Director3 2023-05-01 2024-04-30 00821489 c:RegisteredOffice 2023-05-01 2024-04-30 00821489 d:PlantMachinery 2023-05-01 2024-04-30 00821489 d:PlantMachinery 2024-04-30 00821489 d:PlantMachinery 2023-04-30 00821489 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00821489 d:FurnitureFittings 2023-05-01 2024-04-30 00821489 d:FurnitureFittings 2024-04-30 00821489 d:FurnitureFittings 2023-04-30 00821489 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00821489 d:OfficeEquipment 2023-05-01 2024-04-30 00821489 d:OfficeEquipment 2024-04-30 00821489 d:OfficeEquipment 2023-04-30 00821489 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00821489 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 00821489 d:CurrentFinancialInstruments 2024-04-30 00821489 d:CurrentFinancialInstruments 2023-04-30 00821489 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 00821489 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 00821489 d:ShareCapital 2024-04-30 00821489 d:ShareCapital 2023-04-30 00821489 d:CapitalRedemptionReserve 2024-04-30 00821489 d:CapitalRedemptionReserve 2023-04-30 00821489 d:RetainedEarningsAccumulatedLosses 2024-04-30 00821489 d:RetainedEarningsAccumulatedLosses 2023-04-30 00821489 c:FRS102 2023-05-01 2024-04-30 00821489 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00821489 c:FullAccounts 2023-05-01 2024-04-30 00821489 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00821489 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company registration number: 00821489







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024


MOTO-LITA LIMITED






































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MOTO-LITA LIMITED
 


 
COMPANY INFORMATION


Directors
I A Green 
S R Green 
A D Green 




Registered number
00821489



Registered office
Unit 2 Fairview Road
WeyHill

Andover

Hampshire

SP11 0ST




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


MOTO-LITA LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


MOTO-LITA LIMITED
REGISTERED NUMBER:00821489



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
169,440
214,437

  
169,440
214,437

Current assets
  

Stocks
  
414,794
407,725

Debtors: amounts falling due within one year
 5 
128,800
114,386

Cash at bank and in hand
  
38,041
61,591

  
581,635
583,702

Creditors: amounts falling due within one year
 6 
(388,119)
(318,907)

Net current assets
  
 
 
193,516
 
 
264,795

Total assets less current liabilities
  
362,956
479,232

  

Net assets
  
362,956
479,232


Capital and reserves
  

Called up share capital 
  
75
75

Capital redemption reserve
  
25
25

Profit and loss account
  
362,856
479,132

  
362,956
479,232


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 January 2025.


................................................
S R Green
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 


MOTO-LITA LIMITED
REGISTERED NUMBER:00821489


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024


Page 2

 


MOTO-LITA LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Moto-Lita Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
straight line
Fixtures and fittings
-
33%
straight line
Office equipment
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


MOTO-LITA LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 16 (2023 - 23).

Page 4

 


MOTO-LITA LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
347,114
84,207
35,854
467,175


Additions
300
455
11,969
12,724



At 30 April 2024

347,414
84,662
47,823
479,899



Depreciation


At 1 May 2023
162,999
53,975
35,764
252,738


Charge for the year on owned assets
38,563
18,167
991
57,721



At 30 April 2024

201,562
72,142
36,755
310,459



Net book value



At 30 April 2024
145,852
12,520
11,068
169,440



At 30 April 2023
184,115
30,232
90
214,437

Page 5

 


MOTO-LITA LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
31,310
52,260

Other debtors
60
-

Prepayments and accrued income
1,063
1,969

Deferred taxation
96,367
60,157

128,800
114,386



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
325
-

Trade creditors
59,950
85,405

Amounts owed to group undertakings
121,271
123,246

Other taxation and social security
11,110
12,998

Other creditors
188,193
90,093

Accruals and deferred income
7,270
7,165

388,119
318,907


Included within other creditors is an amount owed to the directors of £178,749 (2023 - £85,555). This amount is considered interest free and repayable on demand.

 
Page 6