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REGISTERED NUMBER: 06425950 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

HILARY MORGAN LIMITED

HILARY MORGAN LIMITED (REGISTERED NUMBER: 06425950)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


HILARY MORGAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2022







DIRECTOR: D Keeling





SECRETARY: Mrs A L Eizzard





REGISTERED OFFICE: 17 Gloucester Road
GRANTHAM
Lincolnshire
NG31 8RJ





REGISTERED NUMBER: 06425950 (England and Wales)





ACCOUNTANTS: Wells Associates
10 Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU

HILARY MORGAN LIMITED (REGISTERED NUMBER: 06425950)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investments 4 121,184 126,587

CURRENT ASSETS
Debtors 5 100 100
Cash at bank 477 710
577 810
CREDITORS
Amounts falling due within one year 6 179,484 179,008
NET CURRENT LIABILITIES (178,907 ) (178,198 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(57,723

)

(51,611

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (57,823 ) (51,711 )
SHAREHOLDERS' FUNDS (57,723 ) (51,611 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 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 1 September 2023 and were signed by:





D Keeling - Director


HILARY MORGAN LIMITED (REGISTERED NUMBER: 06425950)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1. STATUTORY INFORMATION

Hilary Morgan Limited 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
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents a profit share receivable from David Keeling Associates and also a profit share received from DK & LK Properties.

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
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 year was 5 (2021 - 4 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2021 126,587
Additions 87,000
Disposals (92,403 )
At 31 October 2022 121,184
NET BOOK VALUE
At 31 October 2022 121,184
At 31 October 2021 126,587

HILARY MORGAN LIMITED (REGISTERED NUMBER: 06425950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 100 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 980 643
Taxation and social security 13,219 13,221
Other creditors 165,285 165,144
179,484 179,008

7. RELATED PARTY DISCLOSURES

For the period under review, the company was controlled by its director, Mr D Keeling.