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REGISTERED NUMBER: 13539125 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Ged Murphy Editing Ltd

Ged Murphy Editing Ltd (Registered number: 13539125)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ged Murphy Editing Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr G Murphy





REGISTERED OFFICE: 54 St Albans Crescent
London
N22 5NB





REGISTERED NUMBER: 13539125 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Ged Murphy Editing Ltd (Registered number: 13539125)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,661 829

CURRENT ASSETS
Debtors 5 19,166 24,529
Cash at bank 65,499 47,258
84,665 71,787
CREDITORS
Amounts falling due within one year 6 (10,285 ) (11,454 )
NET CURRENT ASSETS 74,380 60,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,041

61,162

CREDITORS
Amounts falling due after more than one
year

7

73,323

56,644

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,717 4,517
4,718 4,518
78,041 61,162

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

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

Ged Murphy Editing Ltd (Registered number: 13539125)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2024 and were signed by:





Mr G Murphy - Director


Ged Murphy Editing Ltd (Registered number: 13539125)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Ged Murphy Editing 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.

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
Turnover 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.
Computer equipment - 25% on cost

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.

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 (2023 - 1 ) .

Ged Murphy Editing Ltd (Registered number: 13539125)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023 1,658
Additions 4,329
At 31 July 2024 5,987
DEPRECIATION
At 1 August 2023 829
Charge for year 1,497
At 31 July 2024 2,326
NET BOOK VALUE
At 31 July 2024 3,661
At 31 July 2023 829

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Intercompany Loan (<1 year) 9,166 10,000
Intercompany Loan (>1 year) 10,000 10,000
Prepayments & accrued income - 4,529
19,166 24,529

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 150
Tax 6,451 9,336
Other creditors 233 588
Other Loan 2,131 -
Accruals and deferred income 1,470 1,380
10,285 11,454

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' loan accounts 73,323 56,644

Ged Murphy Editing Ltd (Registered number: 13539125)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
Mr G Murphy
Balance outstanding at start of year 56,644 34,588
Amounts advanced 36,397 38,419
Amounts repaid (19,718 ) (16,363 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 73,323 56,644

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr G Murphy.