2023-09-01 07354273 2024-08-31 07354273 2023-09-01 2024-08-31 07354273 2023-08-31 07354273 2022-09-01 2023-08-31 07354273 uk-core:WithinOneYear 2023-08-31 07354273 uk-core:WithinOneYear 2024-08-31 07354273 uk-core:ShareCapital 2024-08-31 07354273 uk-core:ShareCapital 2023-08-31 07354273 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 07354273 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 07354273 uk-bus:Director1 2023-09-01 2024-08-31 07354273 uk-bus:Director2 2023-09-01 2024-08-31 07354273 uk-core:ComputerEquipment 2023-09-01 2024-08-31 07354273 uk-core:MotorVehicles 2023-09-01 2024-08-31 07354273 uk-core:FurnitureFittings 2023-09-01 2024-08-31 07354273 uk-core:ComputerSoftware 2023-08-31 07354273 uk-core:ComputerSoftware 2023-09-01 2024-08-31 07354273 uk-core:ComputerSoftware 2024-08-31 07354273 uk-core:ComputerEquipment 2023-08-31 07354273 uk-core:FurnitureFittings 2023-08-31 07354273 uk-core:MotorVehicles 2023-08-31 07354273 uk-core:MotorVehicles 2024-08-31 07354273 uk-core:FurnitureFittings 2024-08-31 07354273 uk-core:ComputerEquipment 2024-08-31 iso4217:GBP xbrli:pure 07354273 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07354273 uk-bus:FRS102 2023-09-01 2024-08-31 07354273 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 07354273 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Molben Limited
Registered Number:07354273
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Molben Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
07354273
As at 31 August 2024
Molben Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
-
415
2
Property, plant and equipment
14,619
21,870
3
14,619
22,285
Current assets
Inventories
28,597
8,000
4
Trade and other receivables
22,545
900
5
106,743
Cash and cash equivalents
19,446
28,346
157,885
Trade and other payables: amounts falling due within one year
(142,378)
(39,075)
6
15,507
(10,729)
Net current liabilities
Total assets less current liabilities
3,890
37,792
3,890
Net assets
37,792
Capital and reserves
Called up share capital
100
100
Retained earnings
3,790
37,692
3,890
37,792
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr D Hepburn Director
Mrs T Hepburn Director
These financial statements were approved and authorised for issue by the Board on 10 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Molben Limited
Notes to the Financial Statements
Statutory Information
Molben Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 07354273.
Principal place of business:
4 Fulbert Drive
Bearsted
Maidstone
Kent
ME14 4PU
Registered address:
4 Fulbert Drive
Bearsted
Maidstone
Kent
ME14 4PU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Website 25% Reducing balance
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 August 2024
Molben Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Website
Cost or valuation
£
At 01 September 2023
1,750
Disposals
(1,750)
At 31 August 2024
-
At 01 September 2023
1,335
(1,335)
On disposals
At 31 August 2024
-
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or valuation
At 01 September 2023
38,439
249
12,200
25,990
(249)
(12,200)
-
Disposals
(12,449)
At 31 August 2024
25,990
-
-
25,990
Provision for depreciation and impairment
At 01 September 2023
16,569
190
9,881
6,498
Charge for year
4,873
-
-
4,873
(10,071)
(190)
(9,881)
-
On disposal
At 31 August 2024
11,371
-
-
11,371
At 31 August 2024
Net book value
14,619
-
-
14,619
At 31 August 2023
19,492
2,319
59
21,870
4. Inventories
2023
2024
£
£
Stocks
8,000
28,597
5. Trade and other receivables
2023
2024
£
£
Trade debtors
900
19,965
Other debtors
-
2,580
22,545
900
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6
For the year ended 31 August 2024
Molben Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
2,793
3,164
Other creditors
36,282
139,214
39,075
142,378
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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