1 July 2023 false No description of principal activity Taxfiler 2024.6 11402861business:PrivateLimitedCompanyLtd2023-07-012024-06-30 114028612023-06-30 114028612023-07-012024-06-30 11402861business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 11402861business:AbridgedAccounts2023-07-012024-06-30 114028612024-06-30 11402861business:Director12023-07-012024-06-30 11402861business:Director22023-07-012024-06-30 11402861business:RegisteredOffice2023-07-012024-06-30 114028612023-06-30 11402861core:WithinOneYear2024-06-30 11402861core:WithinOneYear2023-06-30 11402861core:AfterOneYear2024-06-30 11402861core:AfterOneYear2023-06-30 11402861core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 11402861core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 11402861core:RevaluationReservecore:PreviouslyStatedAmount2024-06-30 11402861core:RevaluationReservecore:PreviouslyStatedAmount2023-06-30 11402861core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 11402861core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 11402861core:PreviouslyStatedAmount2024-06-30 11402861core:PreviouslyStatedAmount2023-06-30 11402861business:SmallEntities2023-07-012024-06-30 11402861countries:EnglandWales2023-07-012024-06-30 114028612022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 11402861 (England and Wales)
Morrison & Clooney Limited Unaudited accounts for the year ended 30 June 2024
Morrison & Clooney Limited Unaudited accounts Contents
Page
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Morrison & Clooney Limited Company Information for the year ended 30 June 2024
Directors
Gary David Clooney Claire Louise Clooney
Company Number
11402861 (England and Wales)
Registered Office
17 WROXHAM AVENUE HEMEL HEMPSTEAD HP3 9HF UNITED KINGDOM
Accountants
Keep Accounting Okeford Close Tring Herts HP234AJ
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Morrison & Clooney Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
195,000 
234,000 
Current assets
Debtors
107 
213 
Cash at bank and in hand
4,337 
8,242 
4,444 
8,455 
Creditors: amounts falling due within one year
(7,520)
(9,625)
Net current liabilities
(3,076)
(1,170)
Total assets less current liabilities
191,924 
232,830 
Creditors: amounts falling due after more than one year
(175,223)
(175,223)
Provisions for liabilities
Deferred tax
(3,610)
(11,020)
Net assets
13,091 
46,587 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
894 
894 
Profit and loss account
12,195 
45,691 
Shareholders' funds
13,091 
46,587 
For the year ending 30 June 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 31 October 2024 and were signed on its behalf by
Claire Louise Clooney Director Company Registration No. 11402861
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Morrison & Clooney Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Morrison & Clooney Limited is a private company, limited by shares, registered in England and Wales, registration number 11402861. The registered office is 17 WROXHAM AVENUE, HEMEL HEMPSTEAD, HP3 9HF, UNITED KINGDOM.
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
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2023
234,000 
Revaluations
(39,000)
At 30 June 2024
195,000 
Depreciation
At 30 June 2024
- 
Net book value
At 30 June 2024
195,000 
At 30 June 2023
234,000 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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