Moonraker Field Limited 09082138 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is dormant for the financial year and the directors are currently pursuing future opportunities to commence trading. Digita Accounts Production Advanced 6.30.9574.0 true true 09082138 2023-07-01 2024-06-30 09082138 2024-06-30 09082138 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-06-30 09082138 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 09082138 core:LandBuildings 2024-06-30 09082138 bus:SmallEntities 2023-07-01 2024-06-30 09082138 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09082138 bus:FilletedAccounts 2023-07-01 2024-06-30 09082138 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09082138 bus:RegisteredOffice 2023-07-01 2024-06-30 09082138 bus:Director1 2023-07-01 2024-06-30 09082138 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-07-01 2024-06-30 09082138 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09082138 core:Land 2023-07-01 2024-06-30 09082138 countries:England 2023-07-01 2024-06-30 09082138 2023-06-30 09082138 core:LandBuildings 2023-06-30 09082138 2022-07-01 2023-06-30 09082138 2023-06-30 09082138 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-06-30 09082138 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 09082138 core:LandBuildings 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09082138

Moonraker Field Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Moonraker Field Limited

(Registration number: 09082138)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

30,000

30,000

Creditors: Amounts falling due within one year

5

(34,165)

(34,165)

Net liabilities

 

(4,165)

(4,165)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(4,265)

(4,265)

Shareholders' deficit

 

(4,165)

(4,165)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 March 2025 and signed on its behalf by:
 

 

Moonraker Field Limited

(Registration number: 09082138)
Balance Sheet as at 30 June 2024
(continued)

.........................................
Sally Topham
Director

 

Moonraker Field Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Chestnut Cottage
Gilberts End
Hanley Castle
Worcestershire
WR8 0AS
England

These financial statements were authorised for issue by the Board on 25 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with FRS 102, section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements show a deficit on net assets. This has arisen from losses incurred during the initial period of trading whilst the company was developing its business. The losses were anticipated during this phase of the businesses development and have been funded by loans from shareholders. The shareholders have indicated that they will continue to provide financial support to the company to enable it to continue trading for the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the going concern basis being no longer appropriate.

 

Moonraker Field Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
(continued)

2

Accounting policies (continued)

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tax

Taxation represents the sum of tax currently payable and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantially enacted by the end of the reporting period.

Depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives at the following rates:

Asset class

Depreciation method and rate

Freehold land

Nil

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Moonraker Field Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
(continued)

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 July 2023

30,000

30,000

At 30 June 2024

30,000

30,000

Depreciation

Carrying amount

At 30 June 2024

30,000

30,000

At 30 June 2023

30,000

30,000

Included within the net book value of land and buildings above is £30,000 (2023 - £30,000) in respect of freehold land and buildings.
 

 

Moonraker Field Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024
(continued)

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

540

540

Other creditors

33,625

33,625

34,165

34,165

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100