Company Registration No. 13168644 (England and Wales)
Moorgate Express Ltd
Unaudited accounts
for the year ended 31 August 2024
Moorgate Express Ltd
Unaudited accounts
Contents
Moorgate Express Ltd
Company Information
for the year ended 31 August 2024
Directors
Jasvinder Singh Randhawa
Parmjeet Kaur Randhawa
Company Number
13168644 (England and Wales)
Registered Office
8 Pinner View
Harrow
HA1 4QA
GB
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
Moorgate Express Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
15,498
17,441
Cash at bank and in hand
31,577
192,142
Creditors: amounts falling due within one year
(240,028)
(197,047)
Net current (liabilities)/assets
(11,669)
185,635
Total assets less current liabilities
3,829
203,076
Creditors: amounts falling due after more than one year
-
(127,134)
Called up share capital
10
-
Profit and loss account
3,819
75,942
Shareholders' funds
3,829
75,942
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 April 2025 and were signed on its behalf by
Jasvinder Singh Randhawa
Director
Company Registration No. 13168644
Moorgate Express Ltd
Notes to the Accounts
for the year ended 31 August 2024
Moorgate Express Ltd is a private company, limited by shares, registered in England and Wales, registration number 13168644. The registered office is 8 Pinner View, Harrow, HA1 4QA, GB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
SL over length of lease
Fixtures & fittings
10% on cost
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
9,483
13,991
23,474
At 31 August 2024
9,483
14,441
23,924
At 1 September 2023
2,844
3,189
6,033
Charge for the year
949
1,444
2,393
At 31 August 2024
3,793
4,633
8,426
At 31 August 2024
5,690
9,808
15,498
At 31 August 2023
6,639
10,802
17,441
Moorgate Express Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
122,106
47,470
Accrued income and prepayments
-
19,572
Other debtors
45,000
93,353
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
19,437
-
Trade creditors
(16,422)
28,866
Amounts owed to group undertakings and other participating interests
202,586
136,472
Taxes and social security
26,856
18,200
Other creditors
1,201
1,247
7
Creditors: amounts falling due after more than one year
2024
2023
Controlling Parties are Jasvinder Singh Randhawa and Mrs Parminder Kaur Randhawa
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).