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FUNKY MOPED LIMITED - Company Information

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Funky Moped Limited

Registered Number:08239814

For the year ended 31 March 2022

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2022

Funky Moped Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

08239814

As at 31 March 2022

Funky Moped Limited

Statement of Financial Position

2021

2022

Notes

Fixed assets

Property, plant and equipment

686

915

Financial assets

704

933

Current assets

Trade and other receivables

17,229

21,321

100,902

Cash and cash equivalents

33,784

55,105

118,131

Trade and other payables: amounts falling due within one

year

(64,203)

(55,208)

53,928

(103)

Net current liabilities

Total assets less current liabilities

601

54,861

Trade and other payables: amounts falling due after more

than one year

(50,000)

601

Net assets

4,861

Capital and reserves

Called up share capital

290

Retained earnings

311

4,571

601

4,861

Shareholders' funds

For the year ended 31 March 2022 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 of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

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

J E Law Director

These financial statements were approved and authorised for issue by the Board on 24 October 2022 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2022

Funky Moped Limited

Notes to the Financial Statements

Statutory Information

Funky Moped Limited is a private limited company, limited by shares, domiciled in England and Wales, registration

number 08239814.

Registered address:

53 Greenleaze

Knowle

Bristol

BS4 2TL

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Plant& Machinery 25% reducing balance.

2. Property, plant and equipment

Plant and

machinery

Cost or

valuation

At 01 April 2021

2,676

At 31 March 2022

2,676

Provision for depreciation and impairment

At 01 April 2021

1,761

Charge for year

229

At 31 March 2022

1,990

At 31 March 2022

Net book value

686

At 31 March 2021

915

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For the year ended 31 March 2022

Funky Moped Limited

Notes to the Financial Statements Continued

3. Investments held as fixed assets

Shares in group and participating interests

Total

Cost

Additions

At 31 March 2022

Net book value

4. Trade and other receivables

2021

2022

Trade debtors

21,321

17,229

5. Trade and other payables: amounts falling due within one year

2021

2022

Amounts owed to group undertaking and undertaking in which the

company has a participating interest

3,005

Taxation and social security

46,508

53,762

Other creditors

5,695

7,436

55,208

64,203

6. Trade and other payables: amounts falling due after more than one year

2021

2022

Bank loans and overdraft

50,000

7. Average number of persons employed

During the year the average number of employees was 4 (2021 : 4)

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