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REGISTERED NUMBER: 12604015 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

MOMENTUM RETAIL CONSULTING LIMITED

MOMENTUM RETAIL CONSULTING LIMITED (REGISTERED NUMBER: 12604015)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOMENTUM RETAIL CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 May 2024







DIRECTOR: M E Nobbs





REGISTERED OFFICE: 33 Huron Drive
Liphook
GU30 7TY





REGISTERED NUMBER: 12604015 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

MOMENTUM RETAIL CONSULTING LIMITED (REGISTERED NUMBER: 12604015)

BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 73 636

CURRENT ASSETS
Cash at bank 38,049 30,139

CREDITORS
Amounts falling due within one year 5 5,968 9,318
NET CURRENT ASSETS 32,081 20,821
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,154

21,457

PROVISIONS FOR LIABILITIES 14 -
NET ASSETS 32,140 21,457

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 32,130 21,447
32,140 21,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

MOMENTUM RETAIL CONSULTING LIMITED (REGISTERED NUMBER: 12604015)

BALANCE SHEET - continued
31 May 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 February 2025 and were signed by:





M E Nobbs - Director


MOMENTUM RETAIL CONSULTING LIMITED (REGISTERED NUMBER: 12604015)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 May 2024


1. STATUTORY INFORMATION

Momentum Retail Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

MOMENTUM RETAIL CONSULTING LIMITED (REGISTERED NUMBER: 12604015)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 May 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 100 1,649 1,749
DEPRECIATION
At 1 June 2023 25 1,088 1,113
Charge for year 19 544 563
At 31 May 2024 44 1,632 1,676
NET BOOK VALUE
At 31 May 2024 56 17 73
At 31 May 2023 75 561 636

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 492
Taxation and social security 2,814 2,114
Other creditors 3,154 6,712
5,968 9,318