Moving Arts Design and Technology LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC333998

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		(16,692 )		(13,910 )
Tangible Assets	5		314,908		335,010

			298,216		321,100
CURRENT ASSETS
Stocks	6	35,629		35,629
Debtors	7	26,030		14,391
Investments	8	18,919		18,919

		80,578		68,939
Creditors: Amounts Falling Due Within One Year	9	(47,699 )		(36,193 )

NET CURRENT ASSETS (LIABILITIES)			32,879		32,746

TOTAL ASSETS LESS CURRENT LIABILITIES			331,095		353,846

Creditors: Amounts Falling Due After More Than One Year	10		(334,758 )		(348,639 )

NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS			(3,663 )		5,207

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		88,752		49,939

			88,752		49,939

Equity
Members' other interests
Members' capital		21,644		20,274
Other reserves		(114,059)		(65,006)

			(92,415)		(44,732)

			(3,663)		5,207

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			88,752		49,939
Members' other interests			(92,415)		(44,732)

			(3,663)		5,207

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Moving Arts Design and Technology LLP

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Samuel Kunda

Designated Member

01/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Moving Arts Design and Technology LLP is a limited liability partnership, incorporated in England & Wales, registered number OC333998 . The Registered Office is Building 3 North London Business Park, Oakleigh Road South, London, N11 1GN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0
Leasehold	354736.00
Motor Vehicles	12776.44
Fixtures & Fittings	376.24
Computer Equipment	0

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

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Moving Arts Design and Technology LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Intangible Assets

	Other
	£
Amortisation
As at 1 February 2024	13,910
Provided during the period	2,782

As at 31 January 2025	16,692

Net Book Value
As at 31 January 2025	(16,692 )

As at 1 February 2024	(13,910 )

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 February 2024	354,736	12,776	376	1,439	369,327

As at 31 January 2025	354,736	12,776	376	1,439	369,327

Depreciation
As at 1 February 2024	-	32,878	-	1,439	34,317
Provided during the period	-	20,102	-	-	20,102

As at 31 January 2025	-	52,980	-	1,439	54,419

Net Book Value
As at 31 January 2025	354,736	(40,204 )	376	-	314,908

As at 1 February 2024	354,736	(20,102 )	376	-	335,010

6. Stocks

	2025	2024
	£	£
Finished goods	35,629	35,629

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	6,872	(4,378 )
Other debtors	752	752
VAT	18,406	18,017

	26,030	14,391

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Moving Arts Design and Technology LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

8. Current Asset Investments

	2025	2024
	£	£
Listed investments	18,318	18,318
Other investments, held for sale	601	601

	18,919	18,919

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(44,316 )	(43,747 )
Bank loans and overdrafts	92,015	79,940

	47,699	36,193

10. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	334,758	348,639

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