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Company Registration No. 11400339 (England and Wales)
MORTON PROPERTIES LIMITED Unaudited accounts for the year ended 31 March 2024
MORTON PROPERTIES LIMITED Unaudited accounts Contents
Page
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MORTON PROPERTIES LIMITED Company Information for the year ended 31 March 2024
Director
A Morton
Company Number
11400339 (England and Wales)
Registered Office
PLUM BUNGALOW DRAIN LANE HOLME-ON-SPALDING-MOOR YORK EAST YORKSHIRE YO43 4DG ENGLAND
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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MORTON PROPERTIES LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
212,248 
217,602 
Current assets
Debtors
16,190 
14,608 
Cash at bank and in hand
43,980 
12,314 
60,170 
26,922 
Creditors: amounts falling due within one year
(178,238)
(169,945)
Net current liabilities
(118,068)
(143,023)
Total assets less current liabilities
94,180 
74,579 
Provisions for liabilities
Deferred tax
(3,904)
(4,921)
Net assets
90,276 
69,658 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
90,176 
69,558 
Shareholders' funds
90,276 
69,658 
For the year ending 31 March 2024 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 4 September 2024 and were signed on its behalf by
A Morton Director Company Registration No. 11400339
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MORTON PROPERTIES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MORTON PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11400339. The registered office is PLUM BUNGALOW DRAIN LANE, HOLME-ON-SPALDING-MOOR, YORK, EAST YORKSHIRE, YO43 4DG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
No depreciation
Plant & machinery
15% on a reducing balance
Motor vehicles
25% on a reducing balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
191,701 
22,911 
15,000 
229,612 
At 31 March 2024
191,701 
22,911 
15,000 
229,612 
Depreciation
At 1 April 2023
- 
11,698 
312 
12,010 
Charge for the year
- 
1,682 
3,672 
5,354 
At 31 March 2024
- 
13,380 
3,984 
17,364 
Net book value
At 31 March 2024
191,701 
9,531 
11,016 
212,248 
At 31 March 2023
191,701 
11,213 
14,688 
217,602 
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MORTON PROPERTIES LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,990 
14,400 
Accrued income and prepayments
200 
208 
16,190 
14,608 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,741 
641 
Trade creditors
72 
105 
Taxes and social security
6,557 
3,247 
Other creditors
23,170 
22,670 
Loans from directors
144,088 
142,707 
Accruals
610 
575 
178,238 
169,945 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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