30 November 2020 false No description of principal activity Taxfiler 2022.8.3 SC519355business:PrivateLimitedCompanyLtd2020-11-302021-11-29 SC5193552020-11-29 SC5193552020-11-302021-11-29 SC519355business:AuditExempt-NoAccountantsReport2020-11-302021-11-29 SC519355business:FullAccounts2020-11-302021-11-29 SC5193552021-11-29 SC519355business:Director12020-11-302021-11-29 SC519355business:Director22020-11-302021-11-29 SC519355business:RegisteredOffice2020-11-302021-11-29 SC5193552020-11-29 SC519355core:WithinOneYear2021-11-29 SC519355core:WithinOneYear2020-11-29 SC519355core:ShareCapital2021-11-29 SC519355core:ShareCapital2020-11-29 SC519355core:RetainedEarningsAccumulatedLosses2021-11-29 SC519355core:RetainedEarningsAccumulatedLosses2020-11-29 SC519355business:SmallEntities2020-11-302021-11-29 SC519355countries:Scotland2020-11-302021-11-29 SC5193552019-11-302020-11-29 iso4217:GBP xbrli:pure
Company Registration No. SC519355 (Scotland)
MORGAN FINANCE LIMITED Unaudited accounts for the year ended 29 November 2021
MORGAN FINANCE LIMITED Unaudited accounts Contents
Page
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MORGAN FINANCE LIMITED Company Information for the year ended 29 November 2021
Directors
Mark Grier Gary Grier
Company Number
SC519355 (Scotland)
Registered Office
EASTCROFT HOUSE 25 WOODHALL ROAD CAMBUSNETHAN WISHAW ML2 8PY UNITED KINGDOM
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MORGAN FINANCE LIMITED Statement of financial position as at 29 November 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Inventories
- 
10,000 
Debtors
- 
21,452 
Cash at bank and in hand
8,282 
26,580 
8,282 
58,032 
Creditors: amounts falling due within one year
(299)
(27,019)
Net current assets
7,983 
31,013 
Net assets
7,983 
31,013 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,883 
30,913 
Shareholders' funds
7,983 
31,013 
For the year ending 29 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2022 and were signed on its behalf by
Mark Grier Director Company Registration No. SC519355
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MORGAN FINANCE LIMITED Notes to the Accounts for the year ended 29 November 2021
1
Statutory information
MORGAN FINANCE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC519355. The registered office is EASTCROFT HOUSE 25 WOODHALL ROAD, CAMBUSNETHAN, WISHAW, ML2 8PY, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
- 
21,452 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
250 
20,482 
Taxes and social security
49 
2,887 
Other creditors
- 
3,650 
299 
27,019 
6
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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