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REGISTERED NUMBER: 04128995 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

MORRIS AND SONS LTD

MORRIS AND SONS LTD (REGISTERED NUMBER: 04128995)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MORRIS AND SONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr D J Morris





REGISTERED OFFICE: Bramley Barn
69A Station Road
Over
Cambridge
Cambridgeshire
CB24 5NL





REGISTERED NUMBER: 04128995 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

MORRIS AND SONS LTD (REGISTERED NUMBER: 04128995)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 10,033 13,377

CURRENT ASSETS
Stocks - 8,239
Debtors 6 2,624 115,396
Cash at bank and in hand 38,265 4,803
40,889 128,438
CREDITORS
Amounts falling due within one year 7 (42,861 ) (13,756 )
NET CURRENT (LIABILITIES)/ASSETS (1,972 ) 114,682
TOTAL ASSETS LESS CURRENT LIABILITIES 8,061 128,059

PROVISIONS FOR LIABILITIES 8 (33 ) (2,541 )
NET ASSETS 8,028 125,518

CAPITAL AND RESERVES
Called up share capital 9 1 100
Capital redemption reserve 100 -
Retained earnings 7,927 125,418
SHAREHOLDERS' FUNDS 8,028 125,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

MORRIS AND SONS LTD (REGISTERED NUMBER: 04128995)

BALANCE SHEET - continued
31 MARCH 2024


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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





Mr D J Morris - Director


MORRIS AND SONS LTD (REGISTERED NUMBER: 04128995)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Morris and Sons Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover comprises revenue recognised by the company in respect the sale of construction and development services, exclusive of value added tax and trade discounts.Revenue is recognised to the extent that the right to recognise consideration as been earnt at the balance sheet date.

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

Plant & Machinery - 25% Reducing Balance

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

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets or financial liabilities or equity instruments.

Basic financial assets:
Basic financial assets which include assets and such as debtors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of future receipts are discounted at a market rate of interest. Assets receivable within one year are not discounted.

Basic financial liabilities:
Basic financial liabilities. including creditors, bank loans, are initially measured at transaction price net of transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not discounted.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

MORRIS AND SONS LTD (REGISTERED NUMBER: 04128995)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 35,809
DEPRECIATION
At 1 April 2023 22,432
Charge for year 3,344
At 31 March 2024 25,776
NET BOOK VALUE
At 31 March 2024 10,033
At 31 March 2023 13,377

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 180 13,554
Other debtors 2,444 101,842
2,624 115,396

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,654 9,110
Taxation and social security 4,513 3,113
Other creditors 30,694 1,533
42,861 13,756

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 33 2,541

Deferred
tax
£   
Balance at 1 April 2023 2,541
Credit to Profit and loss account during year (2,508 )
Balance at 31 March 2024 33

Deferred tax is recognised in respect of the excess of capital allowances over depreciation.

MORRIS AND SONS LTD (REGISTERED NUMBER: 04128995)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 100

1 Ordinary share of £1 was issued during the year for cash of £ 1 .

On the 1st November 2023 100 ordinary shares of £1 each were repurchased by the company for £125.52 per share and subsequently cancelled.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr D J Morris
Balance outstanding at start of year - 16,632
Amounts advanced 29,247 -
Amounts repaid (28,512 ) (16,632 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 735 -

11. RELATED PARTY DISCLOSURES

During the year under review the company invoiced connected parties of the company £11,149 (2023: £29,955) in respect of work done. At the balance sheet date a balance of £NIL (2023: £4,554) was owed to the company.

During the year under review, the company invoiced the director, £56,365 (2023: nil) in respect of work done. The amount owed to the company of £15,388 has been included within the director's loan account and repaid after the balance sheet date. The balance outstanding at the year end is £735 (2023: nil) and repayable on demand and interest free.