Company Registration No. 06607658 (England and Wales)
Morgan Barrett Ltd
Unaudited accounts
for the year ended 30 June 2023
Morgan Barrett Ltd
Unaudited accounts
Contents
Morgan Barrett Ltd
Company Information
for the year ended 30 June 2023
Directors
Philip Evans
Sally Evans
Company Number
06607658 (England and Wales)
Registered Office
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
Accountants
Morgan Barrett Accountancy
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Morgan Barrett Ltd
for the year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Morgan Barrett Ltd for the year ended
30 June 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Morgan Barrett Accountancy
Chartered Certified Accountants
20 Church Street
Little Shelford
Cambridge
Cambridgeshire
CB22 5HG
23 February 2024
Morgan Barrett Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
5,672
6,345
Cash at bank and in hand
11,341
8,212
Creditors: amounts falling due within one year
(17,016)
(15,458)
Net current liabilities
(1,587)
(5,896)
Called up share capital
102
102
Profit and loss account
3,983
347
Shareholders' funds
4,085
449
For the year ending 30 June 2023 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 23 February 2024 and were signed on its behalf by
Philip Evans
Director
Company Registration No. 06607658
Morgan Barrett Ltd
Notes to the Accounts
for the year ended 30 June 2023
Morgan Barrett Ltd is a private company, limited by shares, registered in England and Wales, registration number 06607658. The registered office is 20 Church Street, Little Shelford, Cambridge, Cambridgeshire, CB22 5HG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
5% Straight Line
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
5,000
947
5,747
11,694
At 30 June 2023
5,000
947
5,747
11,694
At 1 July 2022
1,000
776
3,573
5,349
Charge for the year
250
31
392
673
At 30 June 2023
1,250
807
3,965
6,022
At 30 June 2023
3,750
140
1,782
5,672
At 30 June 2022
4,000
171
2,174
6,345
Morgan Barrett Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
4,000
4,759
Taxes and social security
8,171
7,727
Loans from directors
495
106
Deferred income
2,000
2,866
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102
102
8
Transactions with related parties
Management fee: During the year the company paid Moonsilver Ltd - a company owned by Sally Evans.
The company is owned and controlled by the Directors
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).