IRIS Accounts Production v24.3.0.553 06439594 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064395942023-03-31064395942024-03-31064395942023-04-012024-03-31064395942022-03-31064395942022-04-012023-03-31064395942023-03-3106439594ns15:EnglandWales2023-04-012024-03-3106439594ns14:PoundSterling2023-04-012024-03-3106439594ns10:Director12023-04-012024-03-3106439594ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106439594ns10:SmallEntities2023-04-012024-03-3106439594ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106439594ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106439594ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106439594ns10:FullAccounts2023-04-012024-03-310643959412023-04-012024-03-3106439594ns10:Director22023-04-012024-03-3106439594ns10:RegisteredOffice2023-04-012024-03-3106439594ns5:CurrentFinancialInstruments2024-03-3106439594ns5:CurrentFinancialInstruments2023-03-3106439594ns5:ShareCapital2024-03-3106439594ns5:ShareCapital2023-03-3106439594ns5:RetainedEarningsAccumulatedLosses2024-03-3106439594ns5:RetainedEarningsAccumulatedLosses2023-03-3106439594ns5:NetGoodwill2023-04-012024-03-3106439594ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3106439594ns5:LandBuildings2023-04-012024-03-3106439594ns5:PlantMachinery2023-04-012024-03-3106439594ns5:NetGoodwill2023-03-3106439594ns5:NetGoodwill2024-03-3106439594ns5:NetGoodwill2023-03-3106439594ns5:LandBuildings2023-03-3106439594ns5:PlantMachinery2023-03-3106439594ns5:LandBuildings2024-03-3106439594ns5:PlantMachinery2024-03-3106439594ns5:LandBuildings2023-03-3106439594ns5:PlantMachinery2023-03-3106439594ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106439594ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 06439594 (England and Wales)









Financial Statements

for the Year Ended 31 March 2024

for

Morenvelopes Ltd

Morenvelopes Ltd (Registered number: 06439594)






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 3


Morenvelopes Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs J.I. McCarthy
Ms J McCarthy





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 06439594 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Morenvelopes Ltd (Registered number: 06439594)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 1,993 1,733
1,993 1,733

CURRENT ASSETS
Debtors 6 203,856 171,534
Cash at bank 61,615 130,639
265,471 302,173
CREDITORS
Amounts falling due within one year 7 (145,205 ) (186,272 )
NET CURRENT ASSETS 120,266 115,901
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,259

117,634

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 121,259 116,634
SHAREHOLDERS' FUNDS 122,259 117,634

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 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.

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 20 November 2024 and were signed on its behalf by:





Mrs J.I. McCarthy - Director


Morenvelopes Ltd (Registered number: 06439594)

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

1. STATUTORY INFORMATION

Morenvelopes 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.

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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - straight line over the life of the lease
Plant and machinery etc - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2023 - 3 ) .

Morenvelopes Ltd (Registered number: 06439594)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 750,000
AMORTISATION
At 1 April 2023
and 31 March 2024 750,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 30,823 49,838 80,661
Additions - 776 776
At 31 March 2024 30,823 50,614 81,437
DEPRECIATION
At 1 April 2023 30,823 48,105 78,928
Charge for year - 516 516
At 31 March 2024 30,823 48,621 79,444
NET BOOK VALUE
At 31 March 2024 - 1,993 1,993
At 31 March 2023 - 1,733 1,733

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 163,551 136,712
Other debtors 40,305 34,822
203,856 171,534

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 81,085 54,666
Taxation and social security 7,214 22,325
Other creditors 56,906 109,281
145,205 186,272