IRIS Accounts Production v24.1.9.2 12968256 director 1.11.22 31.10.23 31.10.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129682562022-10-31129682562023-10-31129682562022-11-012023-10-31129682562021-10-31129682562021-11-012022-10-31129682562022-10-3112968256ns15:EnglandWales2022-11-012023-10-3112968256ns14:PoundSterling2022-11-012023-10-3112968256ns10:Director12022-11-012023-10-3112968256ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112968256ns10:SmallEntities2022-11-012023-10-3112968256ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3112968256ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3112968256ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3112968256ns10:FullAccounts2022-11-012023-10-3112968256ns10:RegisteredOffice2022-11-012023-10-3112968256ns5:CurrentFinancialInstruments2023-10-3112968256ns5:CurrentFinancialInstruments2022-10-3112968256ns5:Non-currentFinancialInstruments2023-10-3112968256ns5:Non-currentFinancialInstruments2022-10-3112968256ns5:ShareCapital2023-10-3112968256ns5:ShareCapital2022-10-3112968256ns5:RetainedEarningsAccumulatedLosses2023-10-3112968256ns5:RetainedEarningsAccumulatedLosses2022-10-3112968256ns5:PlantMachinery2022-10-3112968256ns5:PlantMachinery2022-11-012023-10-3112968256ns5:PlantMachinery2023-10-3112968256ns5:PlantMachinery2022-10-31
REGISTERED NUMBER: 12968256 (England and Wales)












MORGAN HOUSES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023






MORGAN HOUSES LIMITED (REGISTERED NUMBER: 12968256)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MORGAN HOUSES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







Director: Mr T D Morgan





Registered office: Dalton House
9 Dalton Square
LANCASTER
LA1 1WD





Business address: 6 The Courtyard
Oakwood Rise
Romiley
STOCKPORT
SK6 4DR





Registered number: 12968256 (England and Wales)





Accountants: Xeinadin
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD

MORGAN HOUSES LIMITED (REGISTERED NUMBER: 12968256)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   
Fixed assets
Tangible assets 4 679 1,021
Investment property 5 120,013 120,013
120,692 121,034

Current assets
Cash at bank 2,407 2,035

Creditors
Amounts falling due within one year 6 (41,196 ) (39,976 )
Net current liabilities (38,789 ) (37,941 )
Total assets less current liabilities 81,903 83,093

Creditors
Amounts falling due after more than one
year

7

(83,169

)

(84,649

)

Accruals and deferred income (860 ) (1,260 )
Net liabilities (2,126 ) (2,816 )

Capital and reserves
Called up share capital 100 100
Retained earnings (2,226 ) (2,916 )
(2,126 ) (2,816 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

MORGAN HOUSES LIMITED (REGISTERED NUMBER: 12968256)

BALANCE SHEET - continued
31 OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2024 and were signed by:





Mr T D Morgan - Director


MORGAN HOUSES LIMITED (REGISTERED NUMBER: 12968256)

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


1. Statutory information

Morgan Houses 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

MORGAN HOUSES LIMITED (REGISTERED NUMBER: 12968256)

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


4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 November 2022
and 31 October 2023 1,382
Depreciation
At 1 November 2022 361
Charge for year 342
At 31 October 2023 703
Net book value
At 31 October 2023 679
At 31 October 2022 1,021

5. Investment property
Total
£   
Fair value
At 1 November 2022
and 31 October 2023 120,013
Net book value
At 31 October 2023 120,013
At 31 October 2022 120,013

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 1,481 1,581
Other creditors 39,715 38,395
41,196 39,976

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 83,169 84,649