Company Registration No. 06708016 (England and Wales)
MORGAN LEISURE HOLDINGS LTD
Unaudited accounts
for the year ended 31 December 2023
MORGAN LEISURE HOLDINGS LTD
Unaudited accounts
Contents
MORGAN LEISURE HOLDINGS LTD
Company Information
for the year ended 31 December 2023
Company Number
06708016 (England and Wales)
Registered Office
Aspire & Inspire UK Ltd
62 Bartholomew Street
Newbury
Berkshire
RG14 7BE
England
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED
62 BARTHOLOMEW STREET
NEWBURY
NEWBURY
BERKSHIRE
RG14 7BE
MORGAN LEISURE HOLDINGS LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
2
455
Creditors: amounts falling due within one year
(59,612)
(52,602)
Net current liabilities
(52,575)
(44,313)
Total assets less current liabilities
(52,575)
(38,966)
Creditors: amounts falling due after more than one year
(32,663)
(28,999)
Net liabilities
(85,238)
(67,965)
Called up share capital
500
500
Profit and loss account
(85,738)
(68,465)
Shareholders' funds
(85,238)
(67,965)
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 director acknowledges his 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 and authorised for issue on 20 September 2024 and were signed on its behalf by
QUINTIN MORGAN
Director
Company Registration No. 06708016
MORGAN LEISURE HOLDINGS LTD
Notes to the Accounts
for the year ended 31 December 2023
MORGAN LEISURE HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 06708016. The registered office is Aspire & Inspire UK Ltd, 62 Bartholomew Street, Newbury, Berkshire, RG14 7BE, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Straight line basis over three years
Fixtures & fittings
Straight line basis over five years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
66,717
5,500
2,100
74,317
At 31 December 2023
66,717
5,500
2,100
74,317
At 1 January 2023
66,717
1,833
420
68,970
Charge for the year
-
3,667
1,680
5,347
At 31 December 2023
66,717
5,500
2,100
74,317
At 31 December 2023
-
-
-
-
At 31 December 2022
-
3,667
1,680
5,347
Amounts falling due within one year
MORGAN LEISURE HOLDINGS LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,162
1,511
Taxes and social security
10,098
10,098
Other creditors
21,916
37,963
Loans from directors
976
1,590
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).