Module Solutions Limited |
Registered number: |
04648599 |
Balance Sheet |
as at 30 April 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
3,113 |
|
|
4,151 |
Investments |
4 |
|
|
97,717 |
|
|
101,369 |
|
|
|
|
100,830 |
|
|
105,520 |
|
Current assets |
Debtors |
5 |
|
73,774 |
|
|
193,986 |
Cash at bank |
|
|
162,013 |
|
|
176,896 |
|
|
|
235,787 |
|
|
370,882 |
|
Creditors: amounts falling due within one year |
6 |
|
(122,429) |
|
|
(254,205) |
|
Net current assets |
|
|
|
113,358 |
|
|
116,677 |
|
Total assets less current liabilities |
|
|
|
214,188 |
|
|
222,197 |
|
Provisions for liabilities |
|
|
|
(778) |
|
|
(789) |
|
Net assets |
|
|
|
213,410 |
|
|
221,408 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
213,408 |
|
|
221,406 |
|
Shareholder's funds |
|
|
|
213,410 |
|
|
221,408 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Simon Carter |
Director |
Approved by the board on 20 January 2025 |
|
Module Solutions Limited |
Notes to the Accounts |
for the year ended 30 April 2024 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax, of goods and services provided to customers during the year. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided at the following rates in order to write off the assets over their estimated useful life as follows: |
|
|
Motor vehicles |
25% reducing balance basis |
|
|
|
|
Fixed asset investments |
|
Fixed asset investments are initially measured at transaction price excluding transaction costs, and if the shares are traded publicaly or if their fair value can be measured reliably, are subsequently measured at fair value at each reporting date. Changes in value are recognised in the Profit and Loss Account. Transaction costs are expensed as incurred. |
|
|
Deferred tax |
|
Deferred tax is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Motor vehicles |
£ |
|
Cost |
|
At 1 May 2023 |
17,495 |
|
At 30 April 2024 |
17,495 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2023 |
13,344 |
|
Charge for the year |
1,038 |
|
At 30 April 2024 |
14,382 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2024 |
3,113 |
|
At 30 April 2023 |
4,151 |
|
|
4 |
Fixed asset investments |
|
Other |
investments |
|
At valuation |
£ |
|
At 1 May 2023 |
101,369 |
|
Additions |
25,174 |
|
Valuation changes |
(28,826) |
|
At 30 April 2024 |
97,717 |
|
|
|
|
|
|
|
|
|
|
Historical cost |
|
At 1 May 2023 |
151,238 |
|
Additions |
25,174 |
|
Disposal |
- |
|
At 30 April 2024 |
176,412 |
|
|
|
|
|
|
|
|
|
5 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
57 |
|
133,190 |
|
Director's loan account |
|
58,538 |
|
58,546 |
|
Other debtors |
15,179 |
|
2,250 |
|
|
|
|
|
|
73,774 |
|
193,986 |
|
|
|
|
|
|
|
|
|
|
The company loan to the director is interest free and is repayable on demand. |
|
6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Taxation and social security costs |
47,612 |
|
78,988 |
|
Other creditors |
74,817 |
|
175,217 |
|
|
|
|
|
|
122,429 |
|
254,205 |
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
Module Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit F, Bourne End Business Park |
|
Cores End Road |
|
Bourne End |
|
Buckinghamshire |
|
SL8 5AS |