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REGISTERED NUMBER: 00442374 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

H. MORRELL PROPERTY INVESTMENTS LIMITED

H. MORRELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00442374)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H. MORRELL PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTORS: Ms H E Matthews
A Morrell
E Newby-Robson
J P Smith
A Hall





REGISTERED OFFICE: 92 Dover Road
Aldersbrook
London
E12 5ED





REGISTERED NUMBER: 00442374 (England and Wales)





ACCOUNTANTS: Lovetts Accountants Limited
Bridge House
25 Fiddlebridge Lane
Hatfield
Hertfordshire
AL10 0SP

H. MORRELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00442374)

BALANCE SHEET
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 964 -
Investment property 5 11,225,000 11,225,000
11,225,964 11,225,000

CURRENT ASSETS
Debtors 6 132,133 7,051
Cash at bank 351,216 292,012
483,349 299,063
CREDITORS
Amounts falling due within one year 7 109,058 76,890
NET CURRENT ASSETS 374,291 222,173
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,600,255

11,447,173

PROVISIONS FOR LIABILITIES 1,154,487 1,154,487
NET ASSETS 10,445,768 10,292,686

CAPITAL AND RESERVES
Called up share capital 11,000 11,000
Share premium 200 200
Revaluation reserve 8 7,973,645 7,973,645
Sinking fund 17,255 17,255
Retained earnings 2,443,668 2,290,586
10,445,768 10,292,686

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

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

H. MORRELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00442374)

BALANCE SHEET - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by:





E Newby-Robson - Director


H. MORRELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00442374)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

H. Morrell Property Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

H. MORRELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00442374)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 4,872 - 4,872
Additions - 1,439 1,439
At 30 September 2024 4,872 1,439 6,311
DEPRECIATION
At 1 October 2023 4,872 - 4,872
Charge for year - 475 475
At 30 September 2024 4,872 475 5,347
NET BOOK VALUE
At 30 September 2024 - 964 964
At 30 September 2023 - - -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 11,225,000
NET BOOK VALUE
At 30 September 2024 11,225,000
At 30 September 2023 11,225,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 132,133 7,051

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors - 245
Taxation and social security 89,419 55,739
Other creditors 19,639 20,906
109,058 76,890

H. MORRELL PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 00442374)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

8. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 7,973,645