Motion 7 Limited - Accounts to registrar (filleted) - small 23.2.5

MOTION 7 LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2022 TO 27 FEBRUARY 2023

Page

Balance Sheet

1

FIXED ASSETS

10,115

12,745

CURRENT ASSETS

58,840

33,484

CREDITORS

Amounts falling due within one year

(24,216

)

(17,459

)

NET CURRENT ASSETS

34,624

16,025

TOTAL ASSETS LESS CURRENT LIABILITIES

44,739

28,770

CREDITORS

Amounts falling due after more than one year

(8,100

)

(11,700

)

ACCRUALS AND DEFERRED INCOME

(2,052

)

(1,879

)

NET ASSETS

34,587

15,191

CAPITAL AND RESERVES

34,587

15,191

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Motion 7 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06112117

Registered office:

Unit 1, Gate Farm

High Street

Sutton Benger

Chippenham

Wiltshire

SN15 4RE

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was 1 (2022 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 27 February 2023 and 28 February 2022:

2023

2022

£

£

N A Shier

Balance outstanding at start of period

(270

)

(9,019

)

Amounts advanced

23,271

22,075

Amounts repaid

(5,306

)

(13,326

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

17,695

(270

)

The above loan has no fixed repayment term. Interest has been charged at the official rate on balances above £10,000.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 February 2023 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 16 February 2024 and were signed by:

N A Shier - Director