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REGISTERED NUMBER: 13778432 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Murdock & Wasley Holdings Ltd

Murdock & Wasley Holdings Ltd (Registered number: 13778432)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Murdock & Wasley Holdings Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: L A Murdock
M G Wasley





REGISTERED OFFICE: 95 Maidenhall
Highnam
Gloucester
Gloucestershire
GL2 8DJ





REGISTERED NUMBER: 13778432 (England and Wales)





ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS

Murdock & Wasley Holdings Ltd (Registered number: 13778432)

Statement of Financial Position
31 May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 111,372 -
111,472 100

CURRENT ASSETS
Debtors 6 239 142,140
Cash at bank 107,578 -
107,817 142,140
CREDITORS
Amounts falling due within one year 7 14,236 743
NET CURRENT ASSETS 93,581 141,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,053

141,497

CREDITORS
Amounts falling due after more than one
year

8

75,818

-
NET ASSETS 129,235 141,497

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 129,135 141,397
SHAREHOLDERS' FUNDS 129,235 141,497

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Murdock & Wasley Holdings Ltd (Registered number: 13778432)

Statement of Financial Position - continued
31 May 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 Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:




L A Murdock - Director



M G Wasley - Director


Murdock & Wasley Holdings Ltd (Registered number: 13778432)

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


1. STATUTORY INFORMATION

Murdock & Wasley Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Murdock & Wasley Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 June 2023
and 31 May 2024 100
Net book value
At 31 May 2024 100
At 31 May 2023 100

Murdock & Wasley Holdings Ltd (Registered number: 13778432)

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


5. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 111,372
At 31 May 2024 111,372
Net book value
At 31 May 2024 111,372

There has been no material change in the valuation of the property purchased during the year.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Amounts owed by group undertakings - 142,140
Other debtors 239 -
239 142,140

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Bank loans and overdrafts 4,504 -
Amounts owed to group undertakings 8,342 -
Other creditors 1,390 743
14,236 743

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/24 31/5/23
£    £   
Bank loans 75,818 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 57,802 -

9. RELATED PARTY DISCLOSURES

Murdock & Wasley Estate Agents Ltd
Subsidiary company

A loan exists between the company and its subsidiary Murdock & Wasley Estate Agents Ltd. At 31 May 2024, the company owed £8,342 to Murdock & Wasley Estate Agents Ltd (2023 the company was owed £142,140 from Murdock & Wasley Estate Agents Ltd). The loan is interest free and has no fixed repayment terms.