Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-07-01falseNo description of principal activity2423truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03638106 2023-07-01 2024-06-30 03638106 2022-07-01 2023-06-30 03638106 2024-06-30 03638106 2023-06-30 03638106 c:Director3 2023-07-01 2024-06-30 03638106 d:PlantMachinery 2023-07-01 2024-06-30 03638106 d:PlantMachinery 2024-06-30 03638106 d:PlantMachinery 2023-06-30 03638106 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03638106 d:MotorVehicles 2023-07-01 2024-06-30 03638106 d:MotorVehicles 2024-06-30 03638106 d:MotorVehicles 2023-06-30 03638106 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03638106 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 03638106 d:CurrentFinancialInstruments 2024-06-30 03638106 d:CurrentFinancialInstruments 2023-06-30 03638106 d:Non-currentFinancialInstruments 2024-06-30 03638106 d:Non-currentFinancialInstruments 2023-06-30 03638106 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 03638106 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 03638106 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 03638106 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 03638106 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 03638106 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 03638106 d:ShareCapital 2024-06-30 03638106 d:ShareCapital 2023-06-30 03638106 d:SharePremium 2024-06-30 03638106 d:SharePremium 2023-06-30 03638106 d:RetainedEarningsAccumulatedLosses 2024-06-30 03638106 d:RetainedEarningsAccumulatedLosses 2023-06-30 03638106 c:OrdinaryShareClass1 2023-07-01 2024-06-30 03638106 c:OrdinaryShareClass1 2024-06-30 03638106 c:OrdinaryShareClass1 2023-06-30 03638106 c:FRS102 2023-07-01 2024-06-30 03638106 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 03638106 c:FullAccounts 2023-07-01 2024-06-30 03638106 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03638106 2 2023-07-01 2024-06-30 03638106 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03638106









MOTIVATIONS ACTIVITY PROJECTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
REGISTERED NUMBER: 03638106

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
36,956
22,900

  
36,956
22,900

Current assets
  

Debtors: amounts falling due within one year
 5 
117,866
20,130

Cash at bank and in hand
  
277,040
550,119

  
394,906
570,249

Creditors: amounts falling due within one year
 6 
(115,862)
(134,095)

Net current assets
  
 
 
279,044
 
 
436,154

Total assets less current liabilities
  
316,000
459,054

Creditors: amounts falling due after more than one year
 7 
(13,406)
(23,406)

  

Net assets
  
302,594
435,648


Capital and reserves
  

Called up share capital 
 9 
1,100
1,100

Share premium account
  
250
250

Profit and loss account
  
301,244
434,298

  
302,594
435,648


Page 1

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
REGISTERED NUMBER: 03638106
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 March 2025.




................................................
Jon Finn
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 03638106. The Company's registered office is St Matthews Business Centre, Duddeston Manor Road, Birmingham, B7 4LZ.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
2.2

Going concern

The directors have prepared the financial statements on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 24 (2023 - 23).

Page 5

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 July 2023
133,338
36,364
169,702


Additions
3,373
21,145
24,518



At 30 June 2024

136,711
57,509
194,220



Depreciation


At 1 July 2023
116,087
30,716
146,803


Charge for the year on owned assets
5,155
5,306
10,461



At 30 June 2024

121,242
36,022
157,264



Net book value



At 30 June 2024
15,469
21,487
36,956



At 30 June 2023
17,251
5,648
22,899

Page 6

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
117,763
19,456

Other debtors
103
3

Called up share capital not paid
-
100

Prepayments and accrued income
-
571

117,866
20,130



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
544
5,889

Corporation tax
-
18,821

Other taxation and social security
28,939
22,003

Other creditors
42,518
44,299

Accruals and deferred income
33,861
33,083

115,862
134,095



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
13,406
23,406

13,406
23,406


Page 7

 
MOTIVATIONS ACTIVITY PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000


Amounts falling due 2-5 years

Bank loans
13,406
23,406


13,406
23,406


23,406
33,406



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,100 (2023 - 1,100) Ordinary shares of £1.0 each
1,100
1,100



10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £2,586 (2023 - £2,712) were payable to the fund at the balance sheet date and are included in creditors.


11.


Transactions with directors

As at the balance sheet date £33,931 (2022: £36,902) was due to a director. The loan is interest free and repayable on demand. 

 
Page 8