Movo Projects Ltd - Abbreviated accounts

Registered number

08285766

Movo Projects Ltd

Report and Accounts

30 November 2017

Movo Projects Ltd
Balance Sheet
as at 30 November 2017

		2017			2016
£			£

Current assets	115,801			169,688
	115,801			169,688
Creditors: amounts falling due within one year	(21,295)			(21,683)
Net current assets		94,506			148,005
Total assets less current liabilities		94,506			148,005

Net assets		94,506			148,005

Capital and reserves		94,506			148,005

The directors control the company. During the year the company paid £208 (2016 : £208) to I Molloy for use of home as office. During the year I Molloy had a director's loan account with the company. The loan is interest free and there are no fixed terms of repayment. The balance outstanding at the balance sheet date was £37,655 and the maximum balance outstanding during the year was £39,039. To the extent that any part of the loan remains outstanding by 31 August 2018 the company would be required to pay 32.5% tax, subsequently recoverable on the repayment of the loan.


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered.




I Molloy
Director
Approved by the board on 15 March 2018