Company Registration No. 11095637 (England and Wales)
Moriarty Group Limited
Unaudited accounts
for the year ended 31 December 2023
Moriarty Group Limited
Unaudited accounts
Contents
Moriarty Group Limited
Company Information
for the year ended 31 December 2023
Directors
K P J Moriarty
J L Moriarty
Company Number
11095637 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
Moriarty Group Limited
Statement of financial position
as at 31 December 2023
Investment property
1,223,000
985,461
Cash at bank and in hand
3,129
2,453
Creditors: amounts falling due within one year
(319,480)
(320,876)
Net current liabilities
(316,351)
(318,423)
Total assets less current liabilities
906,649
667,038
Creditors: amounts falling due after more than one year
(689,833)
(690,028)
Provisions for liabilities
Net assets/(liabilities)
157,431
(22,990)
Called up share capital
500
500
Fair value reserve
237,539
-
Profit and loss account
(80,608)
(23,490)
Shareholders' funds
157,431
(22,990)
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by
K P J Moriarty
Director
Company Registration No. 11095637
Moriarty Group Limited
Notes to the Accounts
for the year ended 31 December 2023
Moriarty Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11095637. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income statement.
Fair value at 1 January 2023
985,461
Net gain from fair value adjustments
237,539
At 31 December 2023
1,223,000
The 2023 valuations were made by the director, on an open market value for existing use basis.
If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows: £985,461.
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
314,126
313,511
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
689,833
690,028
Moriarty Group Limited
Notes to the Accounts
for the year ended 31 December 2023
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).