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REGISTERED NUMBER: 00550492 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

F.A. Morris (Sheffield) Limited

F.A. Morris (Sheffield) Limited (Registered number: 00550492)






Contents of the Financial Statements
for the year ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


F.A. Morris (Sheffield) Limited

Company Information
for the year ended 30 June 2023







DIRECTORS: Mr R Morris
Mrs S Aldridge



SECRETARY: Mrs C Morris



REGISTERED OFFICE: 4 Orgreave Road
Handsworth
Sheffield
South Yorkshire
S13 9LQ



REGISTERED NUMBER: 00550492 (England and Wales)



ACCOUNTANTS: Royston Parkin Limited
Chartered Certified Accountants
& Statutory Auditor
2 President Buildings
Sheffield
South Yorkshire
S4 7UQ



BANKERS: Barclays Bank Plc
10-12 Pinstone Street
Sheffield
S1 2HN

F.A. Morris (Sheffield) Limited (Registered number: 00550492)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 102,937 117,267

CURRENT ASSETS
Inventories 5,815 6,529
Debtors 5 215,323 243,377
Cash at bank and in hand 151,079 117,952
372,217 367,858
CREDITORS
Amounts falling due within one year 6 263,301 274,278
NET CURRENT ASSETS 108,916 93,580
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,853

210,847

CREDITORS
Amounts falling due after more than one
year

7

(35,398

)

(59,476

)

PROVISIONS FOR LIABILITIES (20,951 ) (22,110 )
NET ASSETS 155,504 129,261

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 130 130
Retained earnings 154,874 128,631
SHAREHOLDERS' FUNDS 155,504 129,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

F.A. Morris (Sheffield) Limited (Registered number: 00550492)

Balance Sheet - continued
30 June 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 8 September 2023 and were signed on its behalf by:





Mr R Morris - Director


F.A. Morris (Sheffield) Limited (Registered number: 00550492)

Notes to the Financial Statements
for the year ended 30 June 2023

1. STATUTORY INFORMATION

F.A. Morris (Sheffield) 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.

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 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
Revenue 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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - at variable rates on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.


F.A. Morris (Sheffield) Limited (Registered number: 00550492)

Notes to the Financial Statements - continued
for the year ended 30 June 2023

2. ACCOUNTING POLICIES - continued
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 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.

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.

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 9 (2022 - 9 ) .

F.A. Morris (Sheffield) Limited (Registered number: 00550492)

Notes to the Financial Statements - continued
for the year ended 30 June 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 July 2022 566,906
Additions 4,472
At 30 June 2023 571,378
DEPRECIATION
At 1 July 2022 449,639
Charge for year 18,802
At 30 June 2023 468,441
NET BOOK VALUE
At 30 June 2023 102,937
At 30 June 2022 117,267

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 212,824 241,684
Other debtors 2,499 1,693
215,323 243,377

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 24,754 22,970
Trade creditors 105,770 99,982
Amounts owed to group undertakings 61,588 84,155
Taxation and social security 48,741 41,050
Other creditors 22,448 26,121
263,301 274,278

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 35,398 59,476

F.A. Morris (Sheffield) Limited (Registered number: 00550492)

Notes to the Financial Statements - continued
for the year ended 30 June 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

2023 2022
£    £   
Mrs S Aldridge
Balance outstanding at start of year - -
Amounts advanced 1,200 -
Amounts repaid (500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 700 -

The loans to/from the director are interest free with no repayment terms