1 April 2023 false No description of principal activity Taxfiler 2024.5 10071857business:PrivateLimitedCompanyLtd2023-04-012024-03-31 100718572023-03-31 100718572023-04-012024-03-31 10071857business:AuditExemptWithAccountantsReport2023-04-012024-03-31 10071857business:FilletedAccounts2023-04-012024-03-31 100718572024-03-31 10071857business:Director12023-04-012024-03-31 10071857business:Director22023-04-012024-03-31 10071857business:Director32023-04-012024-03-31 10071857business:RegisteredOffice2023-04-012024-03-31 100718572023-03-31 10071857core:WithinOneYear2024-03-31 10071857core:WithinOneYear2023-03-31 10071857core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10071857core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10071857core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-03-31 10071857core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-03-31 10071857core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10071857core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10071857core:PreviouslyStatedAmount2024-03-31 10071857core:PreviouslyStatedAmount2023-03-31 10071857business:SmallEntities2023-04-012024-03-31 10071857countries:EnglandWales2023-04-012024-03-31 10071857core:PlantMachinery2023-04-012024-03-31 10071857core:MotorVehicles2023-04-012024-03-31 10071857core:FurnitureFittings2023-04-012024-03-31 10071857core:ComputerEquipment2023-04-012024-03-31 10071857core:LandBuildings2023-03-31 10071857core:PlantMachinery2023-03-31 10071857core:MotorVehicles2023-03-31 10071857core:FurnitureFittings2023-03-31 10071857core:ComputerEquipment2023-03-31 10071857core:LandBuildings2023-04-012024-03-31 10071857core:LandBuildings2024-03-31 10071857core:PlantMachinery2024-03-31 10071857core:MotorVehicles2024-03-31 10071857core:FurnitureFittings2024-03-31 10071857core:ComputerEquipment2024-03-31 10071857business:OrdinaryShareClass12023-04-012024-03-31 10071857business:OrdinaryShareClass12022-04-012023-03-31 10071857business:OrdinaryShareClass22023-04-012024-03-31 10071857business:OrdinaryShareClass22022-04-012023-03-31 10071857business:OrdinaryShareClass32023-04-012024-03-31 10071857business:OrdinaryShareClass32022-04-012023-03-31 10071857business:AllOrdinaryShares2023-04-012024-03-31 10071857business:AllOrdinaryShares2022-04-012023-03-31 10071857business:Director112023-04-012024-03-31 10071857business:Director112023-03-31 10071857business:Director112024-03-31 10071857business:Director222023-04-012024-03-31 10071857business:Director222023-03-31 10071857business:Director222024-03-31 100718572022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10071857 (England and Wales)
Morton Training Limited Unaudited accounts for the year ended 31 March 2024
Morton Training Limited Unaudited accounts Contents
Page
- 2 -
Morton Training Limited Company Information for the year ended 31 March 2024
Directors
Andrew Morton Linda Morton Helen Morton
Company Number
10071857 (England and Wales)
Registered Office
MORTON PARK 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
- 3 -
Morton Training Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
115,903 
103,197 
Current assets
Inventories
- 
650 
Debtors
143,571 
91,731 
Investments
20,000 
- 
Cash at bank and in hand
76,739 
50,130 
240,310 
142,511 
Creditors: amounts falling due within one year
(157,122)
(74,626)
Net current assets
83,188 
67,885 
Total assets less current liabilities
199,091 
171,082 
Provisions for liabilities
Deferred tax
(19,255)
(16,841)
Net assets
179,836 
154,241 
Capital and reserves
Called up share capital
550 
300 
Capital redemption reserve
(20)
(20)
Profit and loss account
179,306 
153,961 
Shareholders' funds
179,836 
154,241 
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 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 7 October 2024 and were signed on its behalf by
Andrew Morton Director Company Registration No. 10071857
- 4 -
Morton Training Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Morton Training Limited is a private company, limited by shares, registered in England and Wales, registration number 10071857. The registered office is MORTON PARK 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:
Plant & machinery
15% on a reducing balance
Motor vehicles
20% on a reducing balance
Fixtures & fittings
20% on a reducing balance
Computer equipment
30% 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 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
14,560 
133,149 
3,438 
21,622 
9,424 
182,193 
Additions
- 
22,647 
- 
3,118 
1,549 
27,314 
At 31 March 2024
14,560 
155,796 
3,438 
24,740 
10,973 
209,507 
Depreciation
At 1 April 2023
- 
58,061 
2,717 
12,242 
5,976 
78,996 
Charge for the year
- 
11,270 
144 
1,889 
1,305 
14,608 
At 31 March 2024
- 
69,331 
2,861 
14,131 
7,281 
93,604 
Net book value
At 31 March 2024
14,560 
86,465 
577 
10,609 
3,692 
115,903 
At 31 March 2023
14,560 
75,088 
721 
9,380 
3,448 
103,197 
- 5 -
Morton Training Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
93,696 
75,210 
Other debtors
49,875 
16,521 
143,571 
91,731 
6
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
20,000 
The directors are holidng investments on behalf of the company upon trust. These investments are available to the company on demand.
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
15,251 
10,544 
Trade creditors
43,154 
13,611 
Taxes and social security
10,926 
13,047 
Other creditors
33,428 
3,362 
Accruals
6,197 
22,840 
Deferred income
48,166 
11,222 
157,122 
74,626 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
100 Ordinary B shares of £1 each
100 
100 
250 Ordinary C shares of £1 each
250 
- 
550 
300 
Shares issued during the period:
250 Ordinary C shares of £1 each
250 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Andrew Morton
Loan
7,542 
19,163 
- 
26,705 
Linda Morton
Loan
7,542 
13,500 
21,042 
- 
15,084 
32,663 
21,042 
26,705 
The loan balance will be settled by directors' bonuses voted on 7 October 2024.
- 6 -
Morton Training Limited Notes to the Accounts for the year ended 31 March 2024
10
Transactions with related parties
During the year rental and facility payments were made to a company; Morton Properties Ltd a company registered in England and Wales (No. 11400339) totalling £39,600 (2023: £39,600). The balance as at the year end (net of VAT) was £12,000 (2023: £12,000).
11
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 7 -