1 January 2025 false No description of principal activity Taxfiler 2024.6 11886662 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11886662 2024-12-31 11886662 2025-01-01 2025-12-31 11886662 business:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 11886662 business:FilletedAccounts 2025-01-01 2025-12-31 11886662 2025-12-31 11886662 2024-12-31 11886662 core:WithinOneYear 2025-12-31 11886662 core:WithinOneYear 2024-12-31 11886662 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 11886662 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 11886662 core:SharePremium core:PreviouslyStatedAmount 2025-12-31 11886662 core:SharePremium core:PreviouslyStatedAmount 2024-12-31 11886662 core:CapitalContributionReserve core:PreviouslyStatedAmount 2025-12-31 11886662 core:CapitalContributionReserve core:PreviouslyStatedAmount 2024-12-31 11886662 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 11886662 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 11886662 core:PreviouslyStatedAmount 2025-12-31 11886662 core:PreviouslyStatedAmount 2024-12-31 11886662 business:SmallEntities 2025-01-01 2025-12-31 11886662 business:Director3 2025-01-01 2025-12-31 11886662 countries:EnglandWales 2025-01-01 2025-12-31 11886662 business:RegisteredOffice 2025-01-01 2025-12-31 11886662 core:FurnitureFittings 2025-01-01 2025-12-31 11886662 core:ComputerEquipment 2025-01-01 2025-12-31 11886662 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 11886662 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 11886662 core:FurnitureFittings 2024-12-31 11886662 core:ComputerEquipment 2024-12-31 11886662 core:FurnitureFittings 2025-12-31 11886662 core:ComputerEquipment 2025-12-31 11886662 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11886662 (England and Wales)
Move Ai Ltd Unaudited accounts for the year ended 31 December 2025
Move Ai Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
16,385
38,602
Current assets
Debtors
6
239,360
354,144
Cash at bank and in hand
402,241
431,887
641,601
786,031
Creditors: amounts falling due within one year
7
(999,512)
(436,569)
Net current (liabilities)/assets
(357,911)
349,462
Net (liabilities)/assets
(341,526)
388,064
Capital and reserves
Called up share capital
266
262
Share premium
5,967,920
5,962,739
Capital contribution reserve
2,748,467
2,672,381
Profit and loss account
(9,058,179)
(8,247,318)
Shareholders' funds
(341,526)
388,064
For the year ending 31 December 2025 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 11 March 2026 and were signed on its behalf by
Anthony Sinclair Ganjou Director Company Registration No. 11886662
- 2 -
Move Ai Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Move Ai Ltd is a private company, limited by shares, registered in England and Wales, registration number 11886662. The registered office is International House, 142 Cromwell Road, London, SW7 4EF.
2
Compliance with accounting standards
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Patent and licences Domain names, being amounts paid in connection with the acquisition of domain names and brands in 2019, is being amortised evenly over its estimated useful life. Registered trademarks, being amounts paid in connection with the registration of a trade mark are being amortised over useful life.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.33%
Computer equipment
33.33%
- 3 -
Move Ai Ltd Notes to the Accounts for the year ended 31 December 2025
Taxation and Deferred tax
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 balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
4
Intangible fixed assets
Other
£
Cost
At 1 January 2025
25,074
At 31 December 2025
25,074
Amortisation
At 1 January 2025
25,074
At 31 December 2025
25,074
Net book value
At 31 December 2025
-
- 4 -
Move Ai Ltd Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
11,282
160,978
172,260
Additions
1,004
6,572
7,576
At 31 December 2025
12,286
167,550
179,836
Depreciation
At 1 January 2025
6,839
126,819
133,658
Charge for the year
3,502
26,291
29,793
At 31 December 2025
10,341
153,110
163,451
Net book value
At 31 December 2025
1,945
14,440
16,385
At 31 December 2024
4,443
34,159
38,602
6
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
27,131
-
Trade debtors
150,652
329,820
Accrued income and prepayments
7,733
7,824
Other debtors
53,844
16,500
239,360
354,144
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
13,703
Trade creditors
18,007
35,504
Taxes and social security
68,830
27,022
Other creditors
17,604
7,204
Accruals
7,400
3,281
Deferred income
887,671
349,855
999,512
436,569
8
Average number of employees
During the year the average number of employees was 12 (2024: 19).
- 5 -