SIGNS BY MORRELL LIMITED

Company Registration Number:
01380918 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 06 April 2022

End date: 31 March 2023

SIGNS BY MORRELL LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

SIGNS BY MORRELL LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 366,135 392,335
Total fixed assets: 366,135 392,335
Current assets
Stocks: 43,290 16,892
Debtors: 4 107,373 139,470
Cash at bank and in hand: 7,696 14,996
Total current assets: 158,359 171,358
Creditors: amounts falling due within one year: 5 (204,500) (312,519)
Net current assets (liabilities): (46,141) (141,161)
Total assets less current liabilities: 319,994 251,174
Creditors: amounts falling due after more than one year: 6 (205,616) (206,039)
Total net assets (liabilities): 114,378 45,135
Capital and reserves
Called up share capital: 200 200
Revaluation reserve:765,99665,996
Profit and loss account: 48,182 (21,061)
Shareholders funds: 114,378 45,135

The notes form part of these financial statements

SIGNS BY MORRELL LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 February 2024
and signed on behalf of the board by:

Name: Mrs Beverley Crawford-Morrell
Status: Director

The notes form part of these financial statements

SIGNS BY MORRELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SIGNS BY MORRELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 15 14

SIGNS BY MORRELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 06 April 2022 999,704
Additions 7,000
At 31 March 2023 1,006,704
Depreciation
At 06 April 2022 607,369
Charge for year 33,200
At 31 March 2023 640,569
Net book value
At 31 March 2023 366,135
At 05 April 2022 392,335

SIGNS BY MORRELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 107,373 139,470

SIGNS BY MORRELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

Trade Creditors £91,347Bank Loan £4,633Corporation Tax £2,529Other Taxes £12,407VAT £25,913Other Creditors £67,671Total £204,500

SIGNS BY MORRELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

Bank Loans £205,616

SIGNS BY MORRELL LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Revaluation reserve

2023
£
Balance at 06 April 2022 65,996
Surplus or deficit after revaluation 0
Balance at 31 March 2023 65,996