Company registration number 09253936 (England and Wales)
MOOR EXCHANGE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
MOOR EXCHANGE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
MOOR EXCHANGE LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Cash at bank and in hand
100
100
Creditors: amounts falling due within one year
3
(2,092)
(1,799)
Net current liabilities
(1,992)
(1,699)
Capital and reserves
Called up share capital
100
100
Retained earnings
(2,092)
(1,799)
Total equity
(1,992)
(1,699)
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 3 March 2025 and are signed on its behalf by:
P M Scoble
J D Scoble
Director
Director
Company Registration No. 09253936
MOOR EXCHANGE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
- 2 -
1
Accounting policies
Company information
Moor Exchange Limited is a private company limited by shares incorporated in England and Wales. The registered office is Growen Farm, Growen Lane, Cullompton, Devon, EX15 1NH.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Intangible fixed assets have been stated at cost. There has been no amortisation of intangible fixed assets as the value has not decreased in value since purchase.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
3
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
2,092
1,799
4
Related party transactions
Included within other creditors are amounts owed to the directors of £2,092. The loan is interest free and carries no fixed terms of repayment.