THE MURPHY COLLECTION LIMITED

Company Registration Number:
11090299 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

THE MURPHY COLLECTION LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

THE MURPHY COLLECTION LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Lynsey Murphy
Andrew Murphy
Registered office: Meadow Cottage
Carter Lane
Warsop Vale
Nottinghamshire
GBR
NG20 8XF
Company Registration Number: 11090299 (England and Wales)

THE MURPHY COLLECTION LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Lynsey Murphy
Andrew Murphy

This report was approved by the board of directors on 18 September 2024
And Signed On Behalf Of The Board By:

Name: Lynsey Murphy
Status: Director

THE MURPHY COLLECTION LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 15,034 14,210
Gross Profit or (Loss) 15,034 14,210
Administrative Expenses ( 5,169 ) ( 4,751 )
Operating Profit or (Loss) 9,865 9,459
Interest Payable and Similar Charges ( 5,142 ) ( 5,107 )
Profit or (Loss) Before Tax 4,723 4,352
Tax on Profit ( 898 ) ( 739 )
Profit or (Loss) for Period 3,825 3,613

The notes form part of these financial statements

THE MURPHY COLLECTION LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 258,000 258,000
Total fixed assets: 258,000 258,000
Current assets
Debtors: 5 262 357
Cash at bank and in hand: 14,460 11,408
Total current assets: 14,722 11,765
Creditors: amounts falling due within one year: 6 ( 1,142 ) ( 1,989 )
Net current assets (liabilities): 13,580 9,776
Total assets less current liabilities: 271,580 267,776
Creditors: amounts falling due after more than one year: 7 ( 197,455 ) ( 197,478 )
Provision for liabilities: ( 12,739 ) ( 12,739 )
Total net assets (liabilities): 61,386 57,559

The notes form part of these financial statements

THE MURPHY COLLECTION LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Revaluation reserve: 8 0 34,000
Profit and loss account: 61,384 23,557
Shareholders funds: 61,386 57,559

For the year ending 31 December 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.

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

This report was approved by the board of directors on 18 September 2024
And Signed On Behalf Of The Board By:

Name: Lynsey Murphy
Status: Director

The notes form part of these financial statements

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    This report has been prepared in accordance with the special provisions relating to companies subject to the small companies’ regime within Part 15 of the Companies Act 2006.

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

    Just the two Directors of the company

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 January 2023 258,000 258,000
Additions - -
Disposals - -
Revaluations 0 0
Transfers - -
At 31 December 2023 258,000 258,000
Depreciation
At 01 January 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 December 2023 - -
Net book value
At 31 December 2023 258,000 258,000
At 31 December 2022 258,000 258,000

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Prepayments and accrued income 262 357
Total 262 357

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 898 739
Accruals and deferred income 0 475
Other creditors 244 775
Total 1,142 1,989

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 137,455 137,478
Other creditors 60,000 60,000
Total 197,455 197,478

THE MURPHY COLLECTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Revaluation reserve


2023
£
Balance at 01 January 2023 34,000
Surplus or deficit after revaluation ( 34,000 )
Balance at 31 December 2023 0

Revaluation of the property increased in the year 2022 but did not increase or decrease when revalued at the end of 2023