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REGISTERED NUMBER: 08083697 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Move Mountains Limited

Move Mountains Limited (Registered number: 08083697)






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


Move Mountains Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: P P C August
Mrs H August





REGISTERED OFFICE: 123 Vansittart Road
Windsor
Berkshire
TW20 9LF





REGISTERED NUMBER: 08083697 (England and Wales)





ACCOUNTANTS: OPPENHEIMS Chartered Accountants
Statutory Auditors
Springfield
Cox Green Lane
Maidenhead
Berkshire
SL6 3EY

Move Mountains Limited (Registered number: 08083697)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,251 1,668
Investments 6 10,000 10,000
11,251 11,668

CURRENT ASSETS
Debtors 7 174,327 369,652
Cash at bank 267,032 298,854
441,359 668,506
CREDITORS
Amounts falling due within one year 8 23,181 35,953
NET CURRENT ASSETS 418,178 632,553
TOTAL ASSETS LESS CURRENT
LIABILITIES

429,429

644,221

CREDITORS
Amounts falling due after more than one
year

9

(34,110

)

(46,008

)

ACCRUALS AND DEFERRED INCOME (277,496 ) (489,380 )
NET ASSETS 117,823 108,833

CAPITAL AND RESERVES
Called up share capital 10 4 4
Retained earnings 117,819 108,829
SHAREHOLDERS' FUNDS 117,823 108,833

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 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.

Move Mountains Limited (Registered number: 08083697)

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 Board of Directors and authorised for issue on 16 July 2024 and were signed on its behalf by:





P P C August - Director


Move Mountains Limited (Registered number: 08083697)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Move Mountains 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is recognised on the date of departure for tour packages and flights sold by the company.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Other intangible assets
Intangible assets are initially recognised at cost. After recognition, they are measured at cost less any accumulated amortisation or impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made the useful life shall not exceed 10 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other parties and investments in ordinary shares.

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.


Move Mountains Limited (Registered number: 08083697)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Valuation of investments
Investments in unlisted company shares, whose value can be reliably determined, are revalued to their market value at each balance sheet date. Gains or losses on revaluation are recognised in the profit and loss account for the period.

Where market value cannot be reliably determined, such investments are stated at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 12,000
AMORTISATION
At 1 June 2023
and 31 May 2024 12,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

Move Mountains Limited (Registered number: 08083697)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 5,165
DEPRECIATION
At 1 June 2023 3,497
Charge for year 417
At 31 May 2024 3,914
NET BOOK VALUE
At 31 May 2024 1,251
At 31 May 2023 1,668

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2023
and 31 May 2024 10,000
NET BOOK VALUE
At 31 May 2024 10,000
At 31 May 2023 10,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 80,920 113,558
Other debtors 93,407 256,094
174,327 369,652

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,886 10,886
Taxation and social security 2,246 2,824
Other creditors 10,049 22,243
23,181 35,953

Move Mountains Limited (Registered number: 08083697)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 9,114 21,012
Other creditors 24,996 24,996
34,110 46,008

Within creditors falling due after more than one year is a loan account of £24,996 (2023 - £24,996) due to the directors which has been subordinated to the CAA. The account cannot be repaid without the CAA's prior written consent.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
4 Ordinary 1 4 4