MOVING HOME COMPANY LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03568226

MOVING HOME COMPANY LIMITED

Filleted Unaudited Financial Statements

31 May 2025

MOVING HOME COMPANY LIMITED

Statement of Financial Position

31 May 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		195,484	194,280

Current assets

Debtors	6	95,423	108,432
Cash at bank and in hand		23,580	22,984
		---------	---------
		119,003	131,416

Creditors: amounts falling due within one year	7	77,153		104,918
		---------		---------
Net current assets			41,850	26,498
			---------	---------
Total assets less current liabilities			237,334	220,778

Creditors: amounts falling due after more than one year	8	32,442	17,828
		---------	---------
Net assets		204,892	202,950
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	204,792	202,850
	---------	---------
Shareholders funds	204,892	202,950
	---------	---------

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 income and retained earnings has not been delivered.

For the year ending 31 May 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 .

MOVING HOME COMPANY LIMITED

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 29 May 2026 , and are signed on behalf of the board by:

F A Choudry
Director

Company registration number: 03568226

MOVING HOME COMPANY LIMITED

Notes to the Financial Statements

Year ended 31 May 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 792 Wickham Road, Croydon, Surrey, CR0 8EA.

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

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Plant and machinery	-	10% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	20% reducing balance

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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 amounted to 15 (2024: 15 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 June 2024	413,664	119,071	9,191	541,926
Additions	14,506	12,692	–	27,198
	---------	---------	-------	---------
At 31 May 2025	428,170	131,763	9,191	569,124
	---------	---------	-------	---------
Depreciation
At 1 June 2024	283,602	54,853	9,191	347,646
Charge for the year	14,457	11,537	–	25,994
	---------	---------	-------	---------
At 31 May 2025	298,059	66,390	9,191	373,640
	---------	---------	-------	---------
Carrying amount
At 31 May 2025	130,111	65,373	–	195,484
	---------	---------	-------	---------
At 31 May 2024	130,062	64,218	–	194,280
	---------	---------	-------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	83,358	68,223
Other debtors	12,065	40,209
	--------	---------
	95,423	108,432
	--------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	43,540	72,674
Corporation tax	500	500
Social security and other taxes	14,821	8,722
Other creditors	18,292	23,022
	--------	---------
	77,153	104,918
	--------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	( 9,658)	3,678
Other creditors	42,100	14,150
	--------	--------
	32,442	17,828
	--------	--------

9. Director's advances, credits and guarantees

	2025	2024
	£	£
(advances)/credits to the director
Director Loan Accounts	3,764	3,764
	-------	-------