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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
Page
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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
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George Morris Developments Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,560 
12,699 
Current assets
Inventories
12,546 
8,540 
Debtors
1,761 
2,628 
Cash at bank and in hand
12,107 
8,969 
26,414 
20,137 
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
Deferred tax
(3,717)
- 
Net assets/(liabilities)
28,010 
(6,473)
Capital and reserves
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
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George Morris Developments Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
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.
3
Accounting policies
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.
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.
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 
Depreciation
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 
Net book value
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 
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George Morris Developments Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(51)
(45)
Accrued income and prepayments
1,812 
2,673 
1,761 
2,628 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
303 
1,068 
Trade creditors
3,307 
6,303 
Taxes and social security
(7,187)
(1,263)
Other creditors
1,106 
- 
Loans from directors
6,006 
18,681 
Accruals
1,338 
1,146 
4,873 
25,935 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,374 
13,374 
8
Average number of employees
During the period the average number of employees was 3 (2023: 1).
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