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REGISTERED NUMBER: 12100562 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

MOVE FORWARD LIMITED

MOVE FORWARD LIMITED (REGISTERED NUMBER: 12100562)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MOVE FORWARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







Director: Mr R W Boll





Registered office: 85 Great Portland Street
London
W1W 7LT





Registered number: 12100562 (England and Wales)





Accountants: M Squared Accounting Ltd
Botley Mills
Mill Hill
Botley
Southampton
Hampshire
SO30 2GB

MOVE FORWARD LIMITED (REGISTERED NUMBER: 12100562)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 60,727 75,794

Current assets
Debtors 5 22,769 33,459
Cash at bank 14,733 11,246
37,502 44,705
Creditors
Amounts falling due within one year 6 42,842 36,485
Net current (liabilities)/assets (5,340 ) 8,220
Total assets less current liabilities 55,387 84,014

Creditors
Amounts falling due after more than one
year

7

84,520

97,570
Net liabilities (29,133 ) (13,556 )

Capital and reserves
Called up share capital 100 100
Retained earnings (29,233 ) (13,656 )
Shareholders' funds (29,133 ) (13,556 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 28 April 2025 and were signed by:



Mr R W Boll - Director


MOVE FORWARD LIMITED (REGISTERED NUMBER: 12100562)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Move Forward 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.

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.

The director considers that, notwithstanding the company's negative net assets position, it is appropriate to prepare the accounts on a going concern basis as the company will be able to continue to meet its liabilities as they fall due, due to the continuing support of the director.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

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

MOVE FORWARD LIMITED (REGISTERED NUMBER: 12100562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 1,430 98,601 159 100,190
Additions - - 262 262
At 31 July 2024 1,430 98,601 421 100,452
DEPRECIATION
At 1 August 2023 626 23,664 106 24,396
Charge for year 201 14,987 141 15,329
At 31 July 2024 827 38,651 247 39,725
NET BOOK VALUE
At 31 July 2024 603 59,950 174 60,727
At 31 July 2023 804 74,937 53 75,794

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 6,720
Other debtors 22,769 26,739
22,769 33,459

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Hire purchase contracts 8,050 8,050
Trade creditors 22,776 16,470
Taxation and social security 6,243 6,103
Other creditors 773 862
42,842 36,485

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 32,083 37,083
Hire purchase contracts 52,437 60,487
84,520 97,570

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,083 17,083

MOVE FORWARD LIMITED (REGISTERED NUMBER: 12100562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
Mr R W Boll
Balance outstanding at start of year (112 ) 9,701
Amounts advanced 37,727 -
Amounts repaid (28,452 ) (9,813 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,163 (112 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R W Boll.