Company Registration No. 03240020 (England and Wales)
Morgan Heating Maintenance Limited
Unaudited accounts
for the year ended 31 August 2024
Morgan Heating Maintenance Limited
Unaudited accounts
Contents
Morgan Heating Maintenance Limited
Company Information
for the year ended 31 August 2024
Company Number
03240020 (England and Wales)
Registered Office
Windward Mare Lane
Beer
Seaton
EX12 3NB
Accountants
Jamie McLennan
38 Elizabeth Road
SEATON
Devon
EX12 2DR
Morgan Heating Maintenance Limited
Statement of financial position
as at 31 August 2024
Tangible assets
1,208
1,506
Cash at bank and in hand
81,582
78,933
Creditors: amounts falling due within one year
(24,249)
(21,405)
Net current assets
119,394
117,597
Total assets less current liabilities
120,602
119,103
Provisions for liabilities
Other provisions
(302)
(286)
Net assets
120,300
118,817
Called up share capital
100
100
Profit and loss account
120,200
118,717
Shareholders' funds
120,300
118,817
For the year ending 31 August 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 17 October 2024 and were signed on its behalf by
S Morgan
Director
Company Registration No. 03240020
Morgan Heating Maintenance Limited
Notes to the Accounts
for the year ended 31 August 2024
Morgan Heating Maintenance Limited is a private company, limited by shares, registered in England and Wales, registration number 03240020. The registered office is Windward Mare Lane, Beer, Seaton, EX12 3NB.
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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.
The financial statements have ben prepared on a going concern basis.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
1,809
17,100
18,909
At 31 August 2024
1,809
17,100
18,909
At 1 September 2023
1,024
16,379
17,403
Charge for the year
180
118
298
At 31 August 2024
1,204
16,497
17,701
At 31 August 2024
605
603
1,208
At 31 August 2023
785
721
1,506
Morgan Heating Maintenance Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Accrued income and prepayments
424
349
Other debtors
59,645
54,385
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,660
1,797
Taxes and social security
15,159
15,277
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
2024
54,386
74,048
68,789
59,645
54,386
74,048
68,789
59,645
Interest on overdrawn loan accounts has been charged at the official rate.
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Average number of employees
During the year the average number of employees was 2 (2023: 2).