Company No: 10340670 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	501,220		527,600
Tangible assets	4	19,162		27,577
		520,382		555,177
Current assets
Debtors	5	33,759		45,884
Cash at bank and in hand		89,036		3,825
		122,795		49,709
Creditors: amounts falling due within one year	6	( 179,243)		( 74,285)
Net current liabilities		(56,448)		(24,576)
Total assets less current liabilities		463,934		530,601
Creditors: amounts falling due after more than one year	7	( 1,203,910)		( 1,104,947)
Net liabilities		( 739,976)		( 574,346)
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		( 740,076 )		( 574,446 )
Total shareholder's deficit		( 739,976)		( 574,346)

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Motion Icon UK Limited (registered number: 10340670) were approved and authorised for issue by the Director on 16 October 2025. They were signed on its behalf by:

Christopher Harmon Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Motion Icon UK Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 28 Mills Close, Broadway, WR12 7RB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £739,976.
The Company is supported through loans from its connected parties. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the connected parties will continue to support the Company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Trademarks, patents and licences

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line and reducing balance basis over its expected useful life, as follows:

Vehicles	4 years straight line
Tools and equipment	20 % reducing balance
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	4		4

3. Intangible assets

	Trademarks, patents and licences		Total
	£		£
Cost
At 01 April 2024	659,500		659,500
At 31 March 2025	659,500		659,500
Accumulated amortisation
At 01 April 2024	131,900		131,900
Charge for the financial year	26,380		26,380
At 31 March 2025	158,280		158,280
Net book value
At 31 March 2025	501,220		501,220
At 31 March 2024	527,600		527,600

4. Tangible assets

	Vehicles		Tools and equipment		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2024	28,995		15,026		893		44,914
Additions	0		0		852		852
Disposals	0		( 1,059)		0		( 1,059)
At 31 March 2025	28,995		13,967		1,745		44,707
Accumulated depreciation
At 01 April 2024	7,248		9,357		732		17,337
Charge for the financial year	7,249		1,134		376		8,759
Disposals	0		( 551)		0		( 551)
At 31 March 2025	14,497		9,940		1,108		25,545
Net book value
At 31 March 2025	14,498		4,027		637		19,162
At 31 March 2024	21,747		5,669		161		27,577

5. Debtors

	2025		2024
	£		£
Trade debtors	30,809		30,094
Amounts owed by connected companies	2,950		11,150
Other debtors	0		4,640
	33,759		45,884

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,680		6,667
Trade creditors	73,354		40,473
Amounts owed to Group undertakings	16,973		0
Amounts owed to connected companies	9,775		0
Other taxation and social security	14,626		4,336
Obligations under finance leases and hire purchase contracts	5,758		5,759
Other creditors	54,077		17,050
	179,243		74,285

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	19,687		19,050
Obligations under finance leases and hire purchase contracts	15,498		21,256
Other creditors	1,168,725		1,064,641
	1,203,910		1,104,947

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Amounts owed to the director	231,937		159,939

Other related party transactions

	2025		2024
	£		£
Amounts owed to the company from a related party	11,150		0