Company Registration No. 13173131 (England and Wales)
George Morris Developments Ltd
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
George Morris Developments Ltd
Unaudited accounts
Contents
George Morris Developments Ltd
Company Information
for the period from 1 March 2023 to 28 February 2024
Directors
George Morris
George Morris
Company Number
13173131 (England and Wales)
Registered Office
Rose Corner
Telegraph Road, Icklingham
Bury St Edmunds
Suffolk
IP28 6PN
Accountants
Turner & Harvey-Rhys Ltd
4 Gaskin Way
Attleborough
Norfolk
NR17 1SU
George Morris Developments Ltd
Statement of financial position
as at 28 February 2024
Tangible assets
19,560
12,699
Cash at bank and in hand
12,107
8,969
Creditors: amounts falling due within one year
(4,873)
(25,935)
Net current assets/(liabilities)
21,541
(5,798)
Total assets less current liabilities
41,101
6,901
Creditors: amounts falling due after more than one year
(9,374)
(13,374)
Provisions for liabilities
Net assets/(liabilities)
28,010
(6,473)
Called up share capital
100
100
Profit and loss account
27,910
(6,573)
Shareholders' funds
28,010
(6,473)
For the period ending 28 February 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.
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 25 November 2024 and were signed on its behalf by
George Morris
Director
Company Registration No. 13173131
George Morris Developments Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
George Morris Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13173131. The registered office is Rose Corner, Telegraph Road, Icklingham, Bury St Edmunds, Suffolk, IP28 6PN.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, 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.
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:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
4,076
14,806
684
1,822
21,388
Additions
-
11,660
-
-
11,660
At 28 February 2024
4,076
26,466
684
1,822
33,048
At 1 March 2023
1,239
6,650
247
553
8,689
Charge for the period
568
3,396
228
607
4,799
At 28 February 2024
1,807
10,046
475
1,160
13,488
At 28 February 2024
2,269
16,420
209
662
19,560
At 28 February 2023
2,837
8,156
437
1,269
12,699
George Morris Developments Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Amounts falling due within one year
Accrued income and prepayments
1,812
2,673
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,307
6,303
Taxes and social security
(7,187)
(1,263)
Loans from directors
6,006
18,681
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the period the average number of employees was 3 (2023: 1).