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REGISTERED NUMBER: 04461035 (England and Wales)












Financial Statements

for the Year Ended 5 April 2025

for

MOTIONPATH LIMITED

MOTIONPATH LIMITED (REGISTERED NUMBER: 04461035)






Contents of the Financial Statements
for the Year Ended 5 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOTIONPATH LIMITED

Company Information
for the Year Ended 5 April 2025







DIRECTORS: T D Roser
Mrs C H Roser





SECRETARY: Mrs C H Roser





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 04461035 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

MOTIONPATH LIMITED (REGISTERED NUMBER: 04461035)

Balance Sheet
5 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,130 2,025

CURRENT ASSETS
Debtors 5 16,750 11,278
Cash at bank 6,128 10,380
22,878 21,658
CREDITORS
Amounts falling due within one year 6 24,057 20,130
NET CURRENT (LIABILITIES)/ASSETS (1,179 ) 1,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

951

3,553

CREDITORS
Amounts falling due after more than one
year

7

(449

)

(3,103

)

PROVISIONS FOR LIABILITIES 8 (405 ) (385 )
NET ASSETS 97 65

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 95 63
SHAREHOLDERS' FUNDS 97 65

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

MOTIONPATH LIMITED (REGISTERED NUMBER: 04461035)

Balance Sheet - continued
5 April 2025


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 Board of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by:




T D Roser - Director



Mrs C H Roser - Director


MOTIONPATH LIMITED (REGISTERED NUMBER: 04461035)

Notes to the Financial Statements
for the Year Ended 5 April 2025

1. STATUTORY INFORMATION

Motionpath 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.

Turnover
Turnover comprises revenue recognised by the company in respect of services provided, exclusive of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

MOTIONPATH LIMITED (REGISTERED NUMBER: 04461035)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 6 April 2024 9,636 7,573 17,209
Additions - 1,446 1,446
Disposals - (1,340 ) (1,340 )
At 5 April 2025 9,636 7,679 17,315
DEPRECIATION
At 6 April 2024 9,636 5,548 15,184
Charge for year - 815 815
Eliminated on disposal - (814 ) (814 )
At 5 April 2025 9,636 5,549 15,185
NET BOOK VALUE
At 5 April 2025 - 2,130 2,130
At 5 April 2024 - 2,025 2,025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 7,778 5,220
Directors' loan accounts 8,972 6,058
16,750 11,278

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 2,655 2,589
Tax 8,150 7,537
VAT 4,669 4,299
Credit card 241 515
Deferred income 6,502 3,350
Accrued expenses 1,840 1,840
24,057 20,130

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 449 2,654
Bank loans - 2-5 years - 449
449 3,103

MOTIONPATH LIMITED (REGISTERED NUMBER: 04461035)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

Due to the adverse impact of Covid-19, the company gained a Bounce Back Loan totalling £ 12,685.

Repayments are due over sixty consecutive months and commence thirteen months after the release of funds in May 2020.

Interest is due at 2.5% per annum.

A Business Interruption Payment was granted totalling £317 and covers the first twelve months of interest payments.

Total repayments (capital and interest) total £13,508.

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred taxation 405 385

Deferred
tax
£   
Balance at 6 April 2024 385
Accelerated capital allowances 20
Balance at 5 April 2025 405

9. ULTIMATE CONTROLLING PARTY

The company's issued share capital is owned equally by T D Roser and Mrs C H Roser, therefore the company is not under the control of any one party.