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Company Registration No. 12981055 (England and Wales)
Movocast Ltd Unaudited accounts for the year ended 31 October 2024
Movocast Ltd Unaudited accounts Contents
Page
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Movocast Ltd Company Information for the year ended 31 October 2024
Directors
J Smith N Young
Company Number
12981055 (England and Wales)
Registered Office
Unit 2B Staplehurst Farm Church Lane, Weston on the Green Bicester Oxfordshire OX25 3QU England
Accountants
Link Accounting Limited Bloxham Mill Business Centre Barford Road Bloxham Oxfordshire OX15 4FF
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Movocast Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
229,799 
134,913 
Current assets
Debtors
82,132 
82,082 
Cash at bank and in hand
273,226 
46,538 
355,358 
128,620 
Creditors: amounts falling due within one year
(242,532)
(82,987)
Net current assets
112,826 
45,633 
Net assets
342,625 
180,546 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
342,623 
180,544 
Shareholders' funds
342,625 
180,546 
For the year ending 31 October 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 24 July 2025 and were signed on its behalf by
J Smith Director Company Registration No. 12981055
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Movocast Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Movocast Ltd is a private company, limited by shares, registered in England and Wales, registration number 12981055. The registered office is Unit 2B Staplehurst Farm, Church Lane, Weston on the Green, Bicester, Oxfordshire, OX25 3QU, England.
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.
3
Accounting policies
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors have assessed the use of going concern and have considered possible events or conditions that might cast significant doubt on the ability of the Company to continue as a going concern. The directors have made this assessment for a period of at least one year from the date of the approval of these financial statements. The directors have concluded that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the Company's ability to continue as a going concern. The directors, therefore, continue to adopt the going concern basis in preparing these financial statements.
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
5
Plant & machinery
5
Motor vehicles
4
Fixtures & fittings
5
Computer equipment
4
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Movocast Ltd Notes to the Accounts for the year ended 31 October 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 November 2023
619 
11,200 
12,500 
3,885 
166,397 
194,601 
Additions
3,370 
36,260 
- 
2,249 
116,863 
158,742 
At 31 October 2024
3,989 
47,460 
12,500 
6,134 
283,260 
353,343 
Depreciation
At 1 November 2023
145 
1,828 
5,208 
887 
51,620 
59,688 
Charge for the year
445 
5,594 
3,125 
984 
53,708 
63,856 
At 31 October 2024
590 
7,422 
8,333 
1,871 
105,328 
123,544 
Net book value
At 31 October 2024
3,399 
40,038 
4,167 
4,263 
177,932 
229,799 
At 31 October 2023
474 
9,372 
7,292 
2,998 
114,777 
134,913 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
75,268 
82,014 
Other debtors
6,864 
68 
82,132 
82,082 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
65,957 
23,419 
Trade creditors
102,756 
30,955 
Taxes and social security
50,155 
17,470 
Loans from directors
23,664 
11,143 
242,532 
82,987 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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