Moto Works Ltd,Ltd - AccountsLtd - Accounts
Moto Works Ltd,Ltd - AccountsLtd - Accounts
| Registered Number:08149929 |
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
Moto Works Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
| Registered Number : |
| As at |
Moto Works Ltd
Statement of Financial Position
| £ |
| £ |
2022
2023
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Current assets |
| Trade and other receivables |
3
| Trade and other payables: amounts falling due within one |
| year |
(28,347 )
(30,757 )
4
(26,476)
(27,013 )
Net current liabilities
| Total assets less current liabilities |
(24,273 )
(19,098 )
| Trade and other payables: amounts falling due after more |
| than one year |
(25,142 )
(26,323 )
5
(50,596 )
Net liabilities
(44,240 )
| Capital and reserves |
| Called up share capital |
| Retained earnings |
(50,597 )
(44,241 )
(50,596 )
(44,240 )
Shareholders' funds
| 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. |
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
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4
For the year ended 31 January 2023
Moto Works Ltd
Notes to the Financial Statements
Statutory Information
| Moto Works Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 08149929. |
| Registered address: |
Unit G1 London Road
Newington
Sittingbourne
England
ME9 7NU
| 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
Property, plant and equipment
Land and Buildings
Plant and Machinery
Motor Vehicles
Furniture and Fittings
Post balance sheet events & going concern
| The director has looked forward for the next twelve months and expects to be able to meet the liabilities as they fall |
| due, and as such the accounts have been prepared on a going concern basis. |
2 of 4
5
For the year ended 31 January 2023
Moto Works Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
| Total |
| Furniture and |
| Fittings |
Motor Vehicles
| Plant and |
| Machinery |
| £ |
| £ |
| £ |
| £ |
| Cost or |
| valuation |
| At 01 February 2022 |
| At 31 January 2023 |
| Provision for depreciation and impairment |
| At 01 February 2022 |
Charge for year
| At 31 January 2023 |
| At 31 January 2023 |
| Net book value |
| At 31 January 2022 |
| 3. Trade and other receivables |
2022
2023
| £ |
| £ |
| Trade debtors |
| Other debtors |
| 4. Trade and other payables: amounts falling due within one year |
2022
2023
| £ |
| £ |
| Bank loans and overdraft (secured) |
| Bank loans and overdraft |
| Taxation and social security |
| Other creditors |
| 5. Trade and other payables: amounts falling due after more than one year |
2022
2023
| £ |
| £ |
| Bank loans and overdraft (secured) |
26,323
25,142
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6
For the year ended 31 January 2023
Moto Works Ltd
Notes to the Financial Statements Continued
| 6. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1 )
4 of 4