MoorTech Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14737023

MoorTech Ltd

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

MoorTech Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		375		501

Current assets

Debtors	6	1,017	–
Cash at bank and in hand		1,786	7,480
		-------	-------
		2,803	7,480

Creditors: amounts falling due within one year	7	9,345		4,340
		-------		-------
Net current (liabilities)/assets			( 6,542)		3,140
			-------		-------
Total assets less current liabilities			( 6,167)		3,641
			-------		-------
Net (liabilities)/assets			( 6,167)		3,641
			-------		-------

Capital and reserves

Called up share capital	1	1
Profit and loss account	( 6,168)	3,640
	-------	-------
Shareholders (deficit)/funds	( 6,167)	3,641
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MoorTech Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 29 December 2025 , and are signed on behalf of the board by:

Mr T H Holt
Director

Company registration number: 14737023

MoorTech Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lingmoor Farm, Lingmoor Lane, Hutton-Le-Hole, York, YO62 6FE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The statement of financial position at 31 March 2025 shows that liabilities exceeded assets by £6,167. The company relies on the continued support of the director to enable it to continue normal trading activities, which the director confirms will be made available for the foreseeable future. The accounts are therefore prepared on a going concern basis.

(b) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts. Revenue from the provision of services is recognised when those services are provided.

(c) Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

(d) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(e) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% reducing balance

(f) Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

(g) Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year, including directors, amounted to 1 (2024: 1).

5. Tangible assets

	Equipment
	£
Cost
At 1 April 2024 and 31 March 2025	669
	----
Depreciation
At 1 April 2024	168
Charge for the year	126
	----
At 31 March 2025	294
	----
Carrying amount
At 31 March 2025	375
	----
At 31 March 2024	501
	----

6. Debtors

	2025	2024
	£	£
Other debtors	1,017	–
	-------	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	–	1,017
Directors loan account	6,911	123
Other creditors	2,434	3,200
	-------	-------
	9,345	4,340
	-------	-------

8. Related party transactions

During the year the director made available an interest free loan to the company which is repayable on demand . As at 31 March 2025 the total balance owed to the director was £ 6,911 (2024: £ 123 ).