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REGISTERED NUMBER: 06319393 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

LILES MORRIS LTD

LILES MORRIS LTD (REGISTERED NUMBER: 06319393)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LILES MORRIS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: T R T Morris
A J Sanderson





SECRETARY: A J Sanderson





REGISTERED OFFICE: First Floor
80 Coombe Road
New Malden
Surrey
KT3 4QS





REGISTERED NUMBER: 06319393 (England and Wales)





ACCOUNTANTS: Liles Morris Limited
1st Floor
80 Coombe Road
New Malden
Surrey
KT3 4QS

LILES MORRIS LTD (REGISTERED NUMBER: 06319393)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 5 204,000 216,000
Tangible assets 6 1,726 2,521
205,726 218,521

CURRENT ASSETS
Stocks 19,785 19,785
Debtors 7 130,122 153,158
Cash at bank 163,429 95,903
313,336 268,846
CREDITORS
Amounts falling due within one year 8 (93,475 ) (79,209 )
NET CURRENT ASSETS 219,861 189,637
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,587

408,158

CAPITAL AND RESERVES
Called up share capital 702 702
Capital redemption reserve 299 299
Retained earnings 424,586 407,157
SHAREHOLDERS' FUNDS 425,587 408,158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

LILES MORRIS LTD (REGISTERED NUMBER: 06319393)

BALANCE SHEET - continued
31 JULY 2023


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 9 October 2023 and were signed on its behalf by:





A J Sanderson - Director


LILES MORRIS LTD (REGISTERED NUMBER: 06319393)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Liles Morris 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. There were no material departures from FRS 102 Section 1A "Small Entities".

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced services, excluding value added tax as adjusted for accrued and deferred income.

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.

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 - 25% on cost and 20% on cost

Stocks
Stock represents work in progress and is valued at the lower of cost and net realisable value.

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.

Goodwill
Goodwill is the amount paid in connection with the acquisition of a business in 2009. On adoption of FRS102 1a the standard requires goodwill to be amortised.

This is being amortised over a period of 25 years.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

LILES MORRIS LTD (REGISTERED NUMBER: 06319393)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 300,000
AMORTISATION
At 1 August 2022 84,000
Charge for year 12,000
At 31 July 2023 96,000
NET BOOK VALUE
At 31 July 2023 204,000
At 31 July 2022 216,000

6. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 8,540 12,230 20,770
Disposals - (4,644 ) (4,644 )
At 31 July 2023 8,540 7,586 16,126
DEPRECIATION
At 1 August 2022 8,540 9,709 18,249
Charge for year - 800 800
Eliminated on disposal - (4,649 ) (4,649 )
At 31 July 2023 8,540 5,860 14,400
NET BOOK VALUE
At 31 July 2023 - 1,726 1,726
At 31 July 2022 - 2,521 2,521

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 104,875 129,347
Other debtors 25,247 23,811
130,122 153,158

LILES MORRIS LTD (REGISTERED NUMBER: 06319393)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 23,251 14,005
Taxation and social security 68,869 62,502
Other creditors 1,355 2,702
93,475 79,209