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REGISTERED NUMBER: 06061788 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 JANUARY 2020 TO 29 JANUARY 2021

FOR

ALASDAIR MORGAN LIMITED

ALASDAIR MORGAN LIMITED (REGISTERED NUMBER: 06061788)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 JANUARY 2020 TO 29 JANUARY 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALASDAIR MORGAN LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 JANUARY 2020 TO 29 JANUARY 2021







DIRECTOR: Mr A M Morgan





SECRETARY: Mrs J Morgan





REGISTERED OFFICE: Close Gate Farm
Buckholes Lane
Wheelton
Chorley
Lancashire
PR6 8JL





REGISTERED NUMBER: 06061788 (England and Wales)





ACCOUNTANTS: Christian Douglass Accountants Limited
Chartered Accountants
2 Jordan Street
Knott Mill
Manchester
M15 4PY

ALASDAIR MORGAN LIMITED (REGISTERED NUMBER: 06061788)

BALANCE SHEET
29 JANUARY 2021

29.1.21 30.1.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 943,816 841,043

CURRENT ASSETS
Debtors 5 321,641 364,157
Cash at bank 38,354 9,911
359,995 374,068
CREDITORS
Amounts falling due within one year 6 368,019 318,536
NET CURRENT (LIABILITIES)/ASSETS (8,024 ) 55,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

935,792

896,575

CREDITORS
Amounts falling due after more than one
year

7

(566,883

)

(465,593

)

PROVISIONS FOR LIABILITIES (161,469 ) (118,773 )
NET ASSETS 207,440 312,209

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 207,140 311,909
SHAREHOLDERS' FUNDS 207,440 312,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 January 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 January 2021 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 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 director and authorised for issue on 19 August 2022 and were signed by:





Mr A M Morgan - Director


ALASDAIR MORGAN LIMITED (REGISTERED NUMBER: 06061788)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 JANUARY 2020 TO 29 JANUARY 2021

1. STATUTORY INFORMATION

Alasdair Morgan Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 06061788 and registered office address is Close Gate Farm, Buckholes Lane, Wheelton, Chorley, Lancashire, PR6 8JL.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on cost
Computer equipment - 33% on cost
Motor vehicles - 20% on cost

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2020 - 3 ) .

ALASDAIR MORGAN LIMITED (REGISTERED NUMBER: 06061788)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 JANUARY 2020 TO 29 JANUARY 2021

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer Motor
property machinery equipment vehicles Totals
£    £    £    £    £   
COST
At 31 January 2020 49,974 1,705,380 6,557 37,682 1,799,593
Additions 33,470 319,615 - - 353,085
Disposals - (222,880 ) - - (222,880 )
At 29 January 2021 83,444 1,802,115 6,557 37,682 1,929,798
DEPRECIATION
At 31 January 2020 4,997 929,542 6,424 17,587 958,550
Charge for period 5,058 142,950 44 7,536 155,588
Eliminated on disposal - (128,156 ) - - (128,156 )
At 29 January 2021 10,055 944,336 6,468 25,123 985,982
NET BOOK VALUE
At 29 January 2021 73,389 857,779 89 12,559 943,816
At 30 January 2020 44,977 775,838 133 20,095 841,043

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 31 January 2020 1,527,629 37,682 1,565,311
Additions 318,000 - 318,000
Disposals (222,880 ) - (222,880 )
Transfer to ownership (193,000 ) - (193,000 )
At 29 January 2021 1,429,749 37,682 1,467,431
DEPRECIATION
At 31 January 2020 780,563 17,587 798,150
Charge for period 111,773 7,536 119,309
Eliminated on disposal (128,156 ) - (128,156 )
Transfer to ownership (96,500 ) - (96,500 )
At 29 January 2021 667,680 25,123 692,803
NET BOOK VALUE
At 29 January 2021 762,069 12,559 774,628
At 30 January 2020 747,066 20,095 767,161

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.1.21 30.1.20
£    £   
Trade debtors 218,474 288,233
Other debtors 103,167 75,924
321,641 364,157

ALASDAIR MORGAN LIMITED (REGISTERED NUMBER: 06061788)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 JANUARY 2020 TO 29 JANUARY 2021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.1.21 30.1.20
£    £   
Hire purchase contracts 265,003 202,788
Taxation and social security 63,811 100,597
Other creditors 39,205 15,151
368,019 318,536

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.1.21 30.1.20
£    £   
Hire purchase contracts 566,883 465,593

8. SECURED DEBTS

The following secured debts are included within creditors:

29.1.21 30.1.20
£    £   
Hire purchase contracts 831,886 668,381

Reporting entity banking facilities are secured by a debenture dated 14 June 2007.

Reporting entity hire purchase liabilities are secured by the assets on which the agreement is held.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 29 January 2021 and the year ended 30 January 2020:

29.1.21 30.1.20
£    £   
Mr A M Morgan
Balance outstanding at start of period 68,989 121,373
Amounts advanced 8,873 17,816
Amounts repaid - (70,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 77,862 68,989