Company registration number 11881991 (England and Wales)
MOMENTUM COLLECTIVE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
MOMENTUM COLLECTIVE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MOMENTUM COLLECTIVE LTD
BALANCE SHEET
AS AT 31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
2
100
Tangible assets
3
21,908
18,907
21,908
19,007
Current assets
Debtors
4
750
840
Cash at bank and in hand
2,614
809
3,364
1,649
Creditors: amounts falling due within one year
5
(40,428)
(21,908)
Net current liabilities
(37,064)
(20,259)
Total assets less current liabilities
(15,156)
(1,252)
Creditors: amounts falling due after more than one year
6
(14,472)
(28,402)
Net liabilities
(29,628)
(29,654)
Capital and reserves
Called up share capital
7
10
10
Profit and loss reserves
(29,638)
(29,664)
Total equity
(29,628)
(29,654)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 21 May 2025
Ms A Neurock
Director
Company Registration No. 11881991
MOMENTUM COLLECTIVE LTD
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024
31 August 2024
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
2
Intangible fixed assets
Goodwill
£
Cost
At 1 September 2023 and 31 August 2024
500
Amortisation and impairment
At 1 September 2023
400
Amortisation charged for the year
100
At 31 August 2024
500
Carrying amount
At 31 August 2024
At 31 August 2023
100
3
Tangible fixed assets
Land and buildings
Plant and machinery
Total
£
£
£
Cost
At 1 September 2023
8,440
24,391
32,831
Additions
5,576
5,576
At 31 August 2024
14,016
24,391
38,407
Depreciation and impairment
At 1 September 2023
1,700
12,224
13,924
Depreciation charged in the year
538
2,037
2,575
At 31 August 2024
2,238
14,261
16,499
Carrying amount
At 31 August 2024
11,778
10,130
21,908
At 31 August 2023
6,740
12,167
18,907
MOMENTUM COLLECTIVE LTD
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024
31 August 2024
- 3 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
750
840
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
3,333
Other creditors
37,095
21,908
40,428
21,908
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
8,883
15,393
Other creditors
5,589
13,009
14,472
28,402
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 10p each
80
80
8
8
A Ordinary shares of 10p each
10
10
1
1
B Ordinary shares of 10p each
10
10
1
1
100
100
10
10