Company Registration No. 11990624 (England and Wales)
Motina Limited
Unaudited accounts
for the year ended 31 May 2024
Motina Limited
Unaudited accounts
Contents
Motina Limited
Company Information
for the year ended 31 May 2024
Company Number
11990624 (England and Wales)
Accountants
GRAYSON & MO ACCOUNTANTS AND TAX ADVISORS
2A Hallcar Street
sheffield
S4 7JY
Motina Limited
Statement of financial position
as at 31 May 2024
Tangible assets
216,366
200,244
Cash at bank and in hand
20,839
24,093
Creditors: amounts falling due within one year
(106,084)
(141,676)
Net current liabilities
(9,948)
(38,780)
Total assets less current liabilities
206,418
161,464
Creditors: amounts falling due after more than one year
(26,575)
-
Net assets
179,843
161,464
Called up share capital
10
10
Profit and loss account
179,833
161,454
Shareholders' funds
179,843
161,464
For the year ending 31 May 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 25 January 2025 and were signed on its behalf by
Edison MOTINA
Director
Company Registration No. 11990624
Motina Limited
Notes to the Accounts
for the year ended 31 May 2024
Motina Limited is a private company, limited by shares, registered in England and Wales, registration number 11990624.
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.
These financial statements for the year ended 31 May 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery
Charge for the year
19,480
Motina Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
67,543
37,544
Amounts falling due after more than one year
Other debtors
7,754
41,259
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,435
46,730
Proposed dividends
30,000
-
Other creditors
57,873
78,590
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
26,575
-
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).