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REGISTERED NUMBER: 09667753 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Morton Projects Limited

Morton Projects Limited (Registered number: 09667753)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Morton Projects Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: A C Cook
D Cook





REGISTERED OFFICE: 49-51a High Street
Halstead
Essex
CO9 2JD





REGISTERED NUMBER: 09667753 (England and Wales)





ACCOUNTANTS: Maurice Lake & Co Limited
Accountants and
Taxation Consultants
Maulak Chambers
The Centre
High Street
Halstead
Essex
CO9 2AJ

Morton Projects Limited (Registered number: 09667753)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18 27
Investment property 5 873,597 873,597
873,615 873,624

CURRENT ASSETS
Debtors 6 6,221 2,531
Prepayments and accrued income 3,070 2,989
Cash at bank and in hand 24,356 26,422
33,647 31,942
CREDITORS
Amounts falling due within one year 7 12,542 15,240
NET CURRENT ASSETS 21,105 16,702
TOTAL ASSETS LESS CURRENT
LIABILITIES

894,720

890,326

CREDITORS
Amounts falling due after more than one
year

8

100,000

100,000
NET ASSETS 794,720 790,326

CAPITAL AND RESERVES
Called up share capital 750,002 750,002
Retained earnings 44,718 40,324
SHAREHOLDERS' FUNDS 794,720 790,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Morton Projects Limited (Registered number: 09667753)

Balance Sheet - continued
30 June 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 17 September 2024 and were signed on its behalf by:





D Cook - Director


Morton Projects Limited (Registered number: 09667753)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Morton Projects Limited 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.
Plant and machinery etc - 33% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 308
DEPRECIATION
At 1 July 2023 281
Charge for year 9
At 30 June 2024 290
NET BOOK VALUE
At 30 June 2024 18
At 30 June 2023 27

Morton Projects Limited (Registered number: 09667753)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 873,597
NET BOOK VALUE
At 30 June 2024 873,597
At 30 June 2023 873,597

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,875 1,500
Other debtors 2,346 1,031
6,221 2,531

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 75 -
Taxation and social security 967 263
Other creditors 11,500 14,977
12,542 15,240

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 100,000 100,000

9. OWNERSHIP OF PROPERTIES

We have confirmation from the solicitors instructed by the Company, that all of the deeds of ownership for the properties are in the name of the Company, namely Morton Projects Ltd.