REGISTERED NUMBER: SC604260 (Scotland)

Motovision Ltd

Financial Statements For The Year Ended 31 August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Przywala

REGISTERED OFFICE:

63 Carsegate Road

Carsegate Road

Inverness

Highland

IV3 8EX

REGISTERED NUMBER:

SC604260 (Scotland)

ACCOUNTANTS:

The Long Partnership

1st Floor

Robertson House

Shore Street

Inverness

Highland

IV1 1NF

FIXED ASSETS

Tangible assets

4

16,213

21,494

CURRENT ASSETS

Stocks

111,853

65,533

Debtors

5

1,193

1,990

Cash at bank and in hand

9,461

5,269

122,507

72,792

CREDITORS

Amounts falling due within one year

6

199,651

95,881

NET CURRENT LIABILITIES

(77,144

)

(23,089

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(60,931

)

(1,595

)

CREDITORS

Amounts falling due after more than one year

7

-

32,144

NET LIABILITIES

(60,931

)

(33,739

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(60,932

)

(33,740

)

(60,931

)

(33,739

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2026 and were signed by:

J Przywala - Director

1.	STATUTORY INFORMATION

Motovision Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

As at 31 August 2024 the company had net current liabilities of £60,931 (2024 - £1,595) and net liabilities of £60,931 (2024 - £33,739).

The director considers it appropriate to prepare the accounts on a going concern basis as the director will not seek repayment of his loan of £83,209 in detriment to other creditors.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

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.

Pension costs and other post-retirement benefits

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 September 2024

and 31 August 2025

58,058

DEPRECIATION

At 1 September 2024

36,564

Charge for year

5,281

At 31 August 2025

41,845

NET BOOK VALUE

At 31 August 2025

16,213

At 31 August 2024

21,494

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

1,193

1,990

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

7,507

10,574

Hire purchase contracts

-

6,051

Trade creditors

3,535

1,356

Taxation and social security

1,836

-

Other creditors

186,773

77,900

199,651

95,881

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

6,941

Hire purchase contracts

-

25,203

-

32,144