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REGISTERED NUMBER: SC510771 (Scotland)












Financial Statements

for the Year Ended 31 March 2024

for

Morningfresh Investments Glasgow Limited

Morningfresh Investments Glasgow Limited (Registered number: SC510771)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Morningfresh Investments Glasgow Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs M Aire





REGISTERED OFFICE: 35 Quarry Street
Coatbridge
ML5 3PY





REGISTERED NUMBER: SC510771 (Scotland)

Morningfresh Investments Glasgow Limited (Registered number: SC510771)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 3 2,650,000 2,650,000

CREDITORS
Amounts falling due within one year 4 600,000 600,000
NET CURRENT ASSETS 2,050,000 2,050,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,050,000

2,050,000

CREDITORS
Amounts falling due after more than one year 5 1,949,420 1,949,420
NET ASSETS 100,580 100,580

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 100,480 100,480
SHAREHOLDERS' FUNDS 100,580 100,580

The company is entitled to exemption from audit under Section 480 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 her 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.

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 20 November 2024 and were signed by:



Mrs M Aire - Director


Morningfresh Investments Glasgow Limited (Registered number: SC510771)

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

1. 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.

Going concern
The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2. EMPLOYEES AND DIRECTORS

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

3. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other debtors 2,650,000 2,650,000

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 600,000 600,000

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 1,949,420 1,949,420

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100