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Company Registration No. 13583811 (England and Wales)
MOTOM LIMITED Unaudited accounts for the year ended 31 December 2024
MOTOM LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
MOTOM LIMITED Company Information for the year ended 31 December 2024
Directors
Lisa Edwards Julian Humphreys John Leightley Michael Winkler Abraham Tomas
Secretary
Lisa Edwards
Company Number
13583811 (England and Wales)
Registered Office
99 MILTON KEYNES BUSINESS CENTRE FOXHUNTER DRIVE, LINFORD WOOD MILTON KEYNES BUCKINGHAMSHIRE MK14 6GD ENGLAND
Accountants
Arth Limited 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD
- 3 -
MOTOM LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Intangible assets
4
360,395
381,395
Current assets
Debtors
5
3,823
12,083
Cash at bank and in hand
4,723
13,529
8,546
25,612
Creditors: amounts falling due within one year
6
(428,722)
(261,855)
Net current liabilities
(420,176)
(236,243)
Total assets less current liabilities
(59,781)
145,152
Creditors: amounts falling due after more than one year
7
(114,549)
(60,488)
Net (liabilities)/assets
(174,330)
84,664
Capital and reserves
Called up share capital
6
6
Share premium
599,994
599,994
Profit and loss account
(774,330)
(515,336)
Shareholders' funds
(174,330)
84,664
For the year ending 31 December 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 9 September 2025 and were signed on its behalf by
Lisa Edwards Director Company Registration No. 13583811
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MOTOM LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
MOTOM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13583811. The registered office is 99 MILTON KEYNES BUSINESS CENTRE, FOXHUNTER DRIVE, LINFORD WOOD, MILTON KEYNES, BUCKINGHAMSHIRE, MK14 6GD, 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
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.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
The financial statements have been prepared on a going concern basis. The directors have reviewed the company's forecasts and projections for the next 12 months, taking into account reasonably possible changes in trading performance. On the basis of this review, the directors have concluded that the company will be able to operate within its current facilities and comply with its banking covenants for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
4
Intangible fixed assets
Other
£
Cost
At 1 January 2024
420,000
At 31 December 2024
420,000
Amortisation
At 1 January 2024
38,605
Charge for the year
21,000
At 31 December 2024
59,605
Net book value
At 31 December 2024
360,395
At 31 December 2023
381,395
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MOTOM LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
-
6,050
Trade debtors
1,134
1,580
Accrued income and prepayments
2,689
4,453
3,823
12,083
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
3,667
11,911
Taxes and social security
(347)
-
Accruals
425,402
249,944
428,722
261,855
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
114,549
60,488
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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