Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-282025-05-01No description of principal activity662024-03-01falsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10914751 2024-03-01 2025-02-28 10914751 2025-02-28 10914751 2023-03-01 2024-02-29 10914751 2024-02-29 10914751 c:Director7 2024-03-01 2025-02-28 10914751 d:OfficeEquipment 2024-03-01 2025-02-28 10914751 d:OfficeEquipment 2025-02-28 10914751 d:OfficeEquipment 2024-02-29 10914751 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 10914751 d:CurrentFinancialInstruments 2025-02-28 10914751 d:CurrentFinancialInstruments 2024-02-29 10914751 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 10914751 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 10914751 c:FRS102 2024-03-01 2025-02-28 10914751 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 10914751 c:FullAccounts 2024-03-01 2025-02-28 10914751 c:CompanyLimitedByGuarantee 2024-03-01 2025-02-28 10914751 2 2024-03-01 2025-02-28 10914751 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure
Registered number: 10914751


THE MOVERS TRADING CLUB LTD








UNAUDITED

PAGES FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2025

 
THE MOVERS TRADING CLUB LTD
 
(A company limited by guarantee)
REGISTERED NUMBER: 10914751

BALANCE SHEET
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 5 
1,964
1,124

  
1,964
1,124

Current assets
  

Debtors: amounts falling due within one year
 6 
1,751
3,126

Cash at bank and in hand
 7 
32,344
82,752

  
34,095
85,878

Creditors: amounts falling due within one year
 8 
(36,059)
(87,002)

Net current liabilities
  
 
 
(1,964)
 
 
(1,124)

Total assets less current liabilities
  
-
-

  

Net assets
  
-
-


Capital and reserves
  

  
-
-


Page 1

 
THE MOVERS TRADING CLUB LTD
 
(A company limited by guarantee)
REGISTERED NUMBER: 10914751
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025

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 period 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 by: 


................................................
Wesley Bourne
Director

Date: 1 May 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
THE MOVERS TRADING CLUB LTD

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

1.


General information

The Movers Trading Club Ltd is a private company, limited by guarantee, registered in England and Wales, with registration number 10914751. The registered office is Tangent House, 62 Exchange Road, Watford, Hertfordshire, United Kingdom, WD18 0TG.

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.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
THE MOVERS TRADING CLUB LTD

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
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

Interest income

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

 
2.5

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.

 
2.6

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.


Page 4

 
THE MOVERS TRADING CLUB LTD

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.7

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%

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.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

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.

 
2.10

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.

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the Statement of Financial Position date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. On this background, the directors consider there to be judgments applied only on depreciation policy of the fixed assets and the depreciation rates are based upon the expected useful life of the assets. There are no other judgments in any other accounting policies that might have a material effect on the balances held at the Statement of Financial Position date.

Page 5

 
THE MOVERS TRADING CLUB LTD

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

4.


Employees

The average monthly number of employees, including directors, during the period was 6 (2024 - 6).


5.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2024
5,912


Additions
1,704



At 28 February 2025

7,616



Depreciation


At 1 March 2024
4,788


Charge for the period on owned assets
864



At 28 February 2025

5,652



Net book value



At 28 February 2025
1,964



At 29 February 2024
1,124


6.


Debtors

28 February
29 February
2025
2024
£
£


Trade debtors
-
445

Other debtors
-
1,589

Prepayments and accrued income
1,751
1,092

1,751
3,126


Page 6

 
THE MOVERS TRADING CLUB LTD

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025

7.


Cash and cash equivalents

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
32,344
82,752

32,344
82,752



8.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Trade creditors
5,357
24

Corporation tax
65
10,406

Other taxation and social security
3,202
2,638

Accruals and deferred income
27,435
73,934

36,059
87,002




9.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

 
Page 7