Company No: 12025042 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	113		147
Tangible assets	4	2,246		6,526
		2,359		6,673
Current assets
Stocks	5	725		400
Debtors	6	2,569		7,562
Cash at bank and in hand	7	19,795		16,353
		23,089		24,315
Creditors: amounts falling due within one year	8	( 23,763)		( 29,190)
Net current liabilities		(674)		(4,875)
Total assets less current liabilities		1,685		1,798
Provision for liabilities	9	( 427)		( 1,240)
Net assets		1,258		558
Capital and reserves
Called-up share capital	10	10		10
Profit and loss account		1,248		548
Total shareholder's funds		1,258		558

For the financial year ending 31 May 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Fate In Motion Limited (registered number: 12025042) were approved and authorised for issue by the Director on 29 July 2026. They were signed on its behalf by:

Christopher James Arscott Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Fate In Motion Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Fleming Court Leigh Road, Eastleigh, Southampton, SO50 9PD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current 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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings	4 years straight line
Computer equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 June 2025	170		170
At 31 May 2026	170		170
Accumulated amortisation
At 01 June 2025	23		23
Charge for the financial year	34		34
At 31 May 2026	57		57
Net book value
At 31 May 2026	113		113
At 31 May 2025	147		147

4. Tangible assets

	Fixtures and fittings		Computer equipment		Total
	£		£		£
Cost
At 01 June 2025	16,897		617		17,514
At 31 May 2026	16,897		617		17,514
Accumulated depreciation
At 01 June 2025	10,580		408		10,988
Charge for the financial year	4,075		205		4,280
At 31 May 2026	14,655		613		15,268
Net book value
At 31 May 2026	2,242		4		2,246
At 31 May 2025	6,317		209		6,526

5. Stocks

	2026		2025
	£		£
Stocks	725		400

6. Debtors

	2026		2025
	£		£
Trade debtors	20		0
Other debtors	2,549		7,562
	2,569		7,562

7. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	19,795		16,353

8. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	0		1,600
Trade creditors	3,394		31
Taxation and social security	12,256		13,428
Obligations under finance leases and hire purchase contracts (secured)	0		1,254
Other creditors	8,113		12,877
	23,763		29,190

9. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 1,240)		( 1,967)
Credited to the Profit and Loss Account	813		727
At the end of financial year	( 427)		( 1,240)

10. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
10 ordinary shares of £ 1.00 each	10		10

11. Related party transactions

Transactions with the entity's director

	2026		2025
	£		£
Balance at start of year	5,122		11,034
Amounts advanced	25,500		7,985
Amounts repaid	(30,622)		(13,897)
Balance at end of year	0		5,122

Advances to the director were unsecured and interest free and were repaid in full during the financial year.