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REGISTERED NUMBER: 08876118 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2018

for

Movem Ltd.

Movem Ltd. (Registered number: 08876118)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Movem Ltd.

Company Information
for the Year Ended 28 February 2018







DIRECTORS: Mr P S Ramsey
Ms M Bulbrook





REGISTERED OFFICE: 21-22 Old Steine
Brighton
BN1 1EL





BUSINESS ADDRESS: 43 Belgrave Road
Seaford
Sussex
BN25 2EN





REGISTERED NUMBER: 08876118 (England and Wales)





ACCOUNTANTS: Ward Goodman
4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF

Movem Ltd. (Registered number: 08876118)

Abridged Statement of Financial Position
28 February 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 190,612 22,700
Tangible assets 5 5,259 4,911
195,871 27,611

CURRENT ASSETS
Debtors 58,872 14,340
Prepayments and accrued income 1,600 1,250
Cash at bank and in hand 295,516 136,834
355,988 152,424
CREDITORS
Amounts falling due within one year 12,514 6,814
NET CURRENT ASSETS 343,474 145,610
TOTAL ASSETS LESS CURRENT LIABILITIES 539,345 173,221

ACCRUALS AND DEFERRED INCOME 2,735 1,259
NET ASSETS 536,610 171,962

CAPITAL AND RESERVES
Called up share capital 6 2,944 2,517
Share premium 730,640 335,331
Retained earnings (196,974 ) (165,886 )
SHAREHOLDERS' FUNDS 536,610 171,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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.

Movem Ltd. (Registered number: 08876118)

Abridged Statement of Financial Position - continued
28 February 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 28 February 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 11 July 2018 and were signed on its behalf by:





Mr P S Ramsey - Director


Movem Ltd. (Registered number: 08876118)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

Movem 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated
amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Development costs
Development costs relate to expenditure in relation to the building of the company's website platform. The expenditure is not a realised
loss. The website platform once fully constructed will form an asset from which future revenues will flow to the company and has
therefore been capitalised. No amortisation has been charged in this year as the website was not fully operational at the year end.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - Straight line over 3 years

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
statement of financial position date.

Deferred tax
No deferred tax has been recognised due to the timing differences being less than the available losses.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 6 ) .

Movem Ltd. (Registered number: 08876118)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2017 22,700
Additions 167,912
At 28 February 2018 190,612
NET BOOK VALUE

At 28 February 2018 190,612
At 28 February 2017 22,700

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2017 5,996
Additions 2,238
At 28 February 2018 8,234
DEPRECIATION
At 1 March 2017 1,085
Charge for year 1,890
At 28 February 2018 2,975
NET BOOK VALUE
At 28 February 2018 5,259
At 28 February 2017 4,911

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
NIL - -
2,849,383 A Ordinary £0.00 1 2,849 2,481
94,505 B Investment £0.00 1 95 36
2,944 2,517

100,000 'A Ordinary' shares remain unpaid and the balance of £100 is included within other debtors.

On 22 December 2017 368,107 'A Ordinary' shares and 58,507 'B Investment' shares were issued all at a premium of £0.92762 per share.

7. PENSION COMMITMENTS

The company operates a defined contribution pension scheme for the benefit of the employees. The assets of the scheme are held
separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £74
(2017 - Nil) were due to the fund.

Movem Ltd. (Registered number: 08876118)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

8. OTHER FINANCIAL COMMITMENTS

At 28 February 2018, the company had total commitments under non-cancellable operating leases over the remaining life of those leases
of £10,080.

9. OFF-BALANCE SHEET ARRANGEMENTS

There were no off-balance sheet arrangements.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2018 and 28 February 2017:

2018 2017
£    £   
Mr P S Ramsey
Balance outstanding at start of year (310 ) (506 )
Amounts advanced 402 208
Amounts repaid (839 ) (12 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (747 ) (310 )

At the financial year end, a balance of £747 (2017 - £310) was owed by the director. The loan is unsecured, interest free and repayable
on demand.