Freemotion Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 12192176 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2023

for

Freemotion Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

H S H Holmes

S B Holmes

H L Holmes

REGISTERED OFFICE:

Ground Floor

Rear Barn

The Brookdale Centre

Knutsford

Cheshire

WA16 0SR

REGISTERED NUMBER:

12192176 (England and Wales)

ACCOUNTANTS:

EBA Chartered Accountants

Ground Floor

Rear Barn

The Brookdale Centre

Knutsford

Cheshire

WA16 0SR

FIXED ASSETS

Tangible assets

4

2,277

6,976

CURRENT ASSETS

Debtors

5

116

150

Cash at bank

1,673

2,121

1,789

2,271

CREDITORS

Amounts falling due within one year

6

14,854

15,466

NET CURRENT LIABILITIES

(13,065

)

(13,195

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,788

)

(6,219

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(10,888

)

(6,319

)

(10,788

)

(6,219

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by:

H S H Holmes - Director

1.	STATUTORY INFORMATION

Freemotion Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is able to meet its day to day trading needs with the ongoing support of its creditors and, as such, the directors consider that the company is trading as a going concern.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2022

17,006

Additions

404

At 30 September 2023

17,410

DEPRECIATION

At 1 October 2022

10,030

Charge for year

5,103

At 30 September 2023

15,133

NET BOOK VALUE

At 30 September 2023

2,277

At 30 September 2022

6,976

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Other debtors

116

150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Other creditors

14,854

15,466

7.	ULTIMATE CONTROLLING PARTY

The controlling party is H S H Holmes.