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Registration number: 12097499

Motion Grips London Ltd
Annual Report and Unaudited Abridged Financial Statements
for the Year Ended 31 July 2025

Motion Grips London Ltd

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 6

Motion Grips London Ltd

Company Information

Director | Mr Jordy Sheasby

Registered office | Suite 1B1 Argyle House Northside Joel Street Northwood Hills HA6 1NW

Motion Grips London Ltd

(Registration number: 12097499)
Abridged Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 39,537 | 28,598
Investments |  | 7,700 | 7,700
|  | 47,237 | 36,298
Current assets |  |  |
Debtors |  | 11,497 | 1,362
Cash at bank and in hand |  | 39,052 | 11,258
|  | 50,549 | 12,620
Creditors: Amounts falling due within one year |  | (60,083) | (30,398)
Net current liabilities |  | (9,534) | (17,778)
Total assets less current liabilities |  | 37,703 | 18,520
Creditors: Amounts falling due after more than one year |  | (12,404) | (18,013)
Net assets |  | 25,299 | 507
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 25,199 | 407
Shareholders' funds |  | 25,299 | 507

For the financial year ending 31 July 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 1 April 2026

Motion Grips London Ltd

(Registration number: 12097499)
Abridged Balance Sheet as at 31 July 2025

......................................... Mr Jordy Sheasby Director |  |

Motion Grips London Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture and Fittings | 33.33% Straight line
Computer Equipment | 33.33% Straight line

Motion Grips London Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2025

Plant and Machinery | 25% Reducing balance
Motor Vehicles | 25% Reducing balance

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

3 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £
Cost or valuation
At 1 August 2024 | 1,539 | 15,052 | 2,106 | 37,414
Additions | 311 | 24,000 | - | -
At 31 July 2025 | 1,850 | 39,052 | 2,106 | 37,414
Depreciation
At 1 August 2024 | 1,539 | 8,495 | 1,772 | 15,707
Charge for the year | 104 | 7,639 | 202 | 5,427
At 31 July 2025 | 1,643 | 16,134 | 1,974 | 21,134
Carrying amount
At 31 July 2025 | 207 | 22,918 | 132 | 16,280
At 31 July 2024 | - | 6,557 | 334 | 21,707

Motion Grips London Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2025

| Total £
Cost or valuation
At 1 August 2024 | 56,111
Additions | 24,311
At 31 July 2025 | 80,422
Depreciation
At 1 August 2024 | 27,513
Charge for the year | 13,372
At 31 July 2025 | 40,885
Carrying amount
At 31 July 2025 | 39,537
At 31 July 2024 | 28,598

4 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100