IRIS Accounts Production v24.3.0.553 08968774 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089687742023-03-31089687742024-03-31089687742023-04-012024-03-31089687742022-03-31089687742022-04-012023-03-31089687742023-03-3108968774ns15:EnglandWales2023-04-012024-03-3108968774ns14:PoundSterling2023-04-012024-03-3108968774ns10:Director12023-04-012024-03-3108968774ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108968774ns10:SmallEntities2023-04-012024-03-3108968774ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108968774ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108968774ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108968774ns10:FullAccounts2023-04-012024-03-3108968774ns10:RegisteredOffice2023-04-012024-03-3108968774ns5:CurrentFinancialInstruments2024-03-3108968774ns5:CurrentFinancialInstruments2023-03-3108968774ns5:Non-currentFinancialInstruments2024-03-3108968774ns5:Non-currentFinancialInstruments2023-03-3108968774ns5:ShareCapital2024-03-3108968774ns5:ShareCapital2023-03-3108968774ns5:RetainedEarningsAccumulatedLosses2024-03-3108968774ns5:RetainedEarningsAccumulatedLosses2023-03-3108968774ns5:PlantMachinery2023-03-3108968774ns5:MotorVehicles2023-03-3108968774ns5:ComputerEquipment2023-03-3108968774ns5:PlantMachinery2023-04-012024-03-3108968774ns5:MotorVehicles2023-04-012024-03-3108968774ns5:ComputerEquipment2023-04-012024-03-3108968774ns5:PlantMachinery2024-03-3108968774ns5:MotorVehicles2024-03-3108968774ns5:ComputerEquipment2024-03-3108968774ns5:PlantMachinery2023-03-3108968774ns5:MotorVehicles2023-03-3108968774ns5:ComputerEquipment2023-03-3108968774ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108968774ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 08968774 (England and Wales)














Financial Statements for the Year Ended 31 March 2024

for

I.d. Morris Ltd

I.d. Morris Ltd (Registered number: 08968774)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


I.d. Morris Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr I D Morris





REGISTERED OFFICE: 1 Selinas Lane
Dagenham
Essex
RM8 1QH





REGISTERED NUMBER: 08968774 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

I.d. Morris Ltd (Registered number: 08968774)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 17,223 15,662

CURRENT ASSETS
Inventories 16,000 12,000
Debtors 5 47,285 91,650
Cash at bank and in hand 3,852 5,822
67,137 109,472
CREDITORS
Amounts falling due within one year 6 67,900 93,311
NET CURRENT (LIABILITIES)/ASSETS (763 ) 16,161
TOTAL ASSETS LESS CURRENT LIABILITIES 16,460 31,823

CREDITORS
Amounts falling due after more than one
year

7

11,667

21,667
NET ASSETS 4,793 10,156

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,693 10,056
SHAREHOLDERS' FUNDS 4,793 10,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

I.d. Morris Ltd (Registered number: 08968774)

Statement of Financial Position - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2024 and were signed by:





Mr I D Morris - Director


I.d. Morris Ltd (Registered number: 08968774)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

I.d. Morris Ltd 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.

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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

I.d. Morris Ltd (Registered number: 08968774)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 24,493 17,845 4,209 46,547
Additions - 5,500 1,066 6,566
At 31 March 2024 24,493 23,345 5,275 53,113
DEPRECIATION
At 1 April 2023 18,981 8,335 3,569 30,885
Charge for year 827 3,752 426 5,005
At 31 March 2024 19,808 12,087 3,995 35,890
NET BOOK VALUE
At 31 March 2024 4,685 11,258 1,280 17,223
At 31 March 2023 5,512 9,510 640 15,662

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 45,661 91,650
Other debtors 1,624 -
47,285 91,650

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,147 10,117
Trade creditors 6,448 6,504
Taxation and social security 24,858 18,188
Other creditors 26,447 58,502
67,900 93,311

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,667 21,667

8. RELATED PARTY DISCLOSURES

The Director Mr I D Morris is considered to be the key management personnel.