Moto FX Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09162321 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 5th August 2014 to 31st July 2015

for

Moto FX Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Intangible assets

2

8,000

Tangible assets

3

13,476

21,476

CURRENT ASSETS

Debtors

13,849

Cash at bank

16,294

30,143

CREDITORS

Amounts falling due within one year

49,913

NET CURRENT LIABILITIES

(19,770

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,706

CAPITAL AND RESERVES

Called up share capital

4

10

Profit and loss account

1,696

SHAREHOLDERS' FUNDS

1,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st July 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st July 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29th April 2016 and were signed by:

D Keeble - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,000

At 31st July 2015

10,000

AMORTISATION

Amortisation for period

2,000

At 31st July 2015

2,000

NET BOOK VALUE

At 31st July 2015

8,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

16,843

At 31st July 2015

16,843

DEPRECIATION

Charge for period

3,367

At 31st July 2015

3,367

NET BOOK VALUE

At 31st July 2015

13,476

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Ordinary

1

10