REGISTERED NUMBER: 11734295 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Moscas River Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J J Bonilla Hidalgo

REGISTERED OFFICE:

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

REGISTERED NUMBER:

11734295 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Investments

4

400,477

500,457

Investment property

5

444,007

444,007

844,484

944,464

CURRENT ASSETS

Cash at bank and in hand

10,336

18,458

CREDITORS

Amounts falling due within one year

6

(779,483

)

(817,126

)

NET CURRENT LIABILITIES

(769,147

)

(798,668

)

TOTAL ASSETS LESS CURRENT LIABILITIES

75,337

145,796

CREDITORS

Amounts falling due after more than one year

7

(359,269

)

(373,242

)

NET LIABILITIES

(283,932

)

(227,446

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(283,933

)

(227,447

)

(283,932

)

(227,446

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23 September 2025 and were signed by:

J J Bonilla Hidalgo - Director

1.	STATUTORY INFORMATION

Moscas River Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, as modified by the recognition of certain assets at fair value.

Other income

Other income, including investment income, is recognised when it is receivable by the company.

Investment property

Investment property is shown at fair value which is determined by the director at each reporting date. Changes in fair value are recognised in the Income Statement.

Loans

Basic financial instruments are recognised initially at the transaction price. Interest is added to the amount due, over the term of the loan.

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 statement of financial position date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Other investments

Other investments are valued at cost less impairment, apart from investments held as part of a trading portfolio. Investments held as part of a trading portfolio are valued at fair value. Listed investments are valued at fair value.

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, he continues to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

31.12.24

31.12.23

£

£

Other investments not loans

400,477

500,457

Additional information is as follows:

Other

investments

£

COST OR VALUATION

At 1 January 2024

500,457

Impairments

(87,996

)

Exchange differences

(11,984

)

At 31 December 2024

400,477

NET BOOK VALUE

At 31 December 2024

400,477

At 31 December 2023

500,457

Investments (neither listed nor unlisted) were as follows:

31.12.24

31.12.23

£

£

Cost of trading portfolio

35,000

35,000

Impairment

(35,000

)

(35,000

)

-

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

444,007

NET BOOK VALUE

At 31 December 2024

444,007

At 31 December 2023

444,007

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

777,955

815,910

Director's current account

1,528

1,216

779,483

817,126

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other loans

359,269

373,242

31.12.24

31.12.23

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans

359,269

373,242

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

J J Bonilla Hidalgo

Balance outstanding at start of year

(1,216

)

(904

)

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,528

)

(1,216

)

The above loan is unsecured, interest free and repayable on demand.