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Company Registration No. 07535990 (England and Wales)
MORGAN ABSOLUTE RETURN Limited Unaudited accounts for the year ended 31 March 2024
MORGAN ABSOLUTE RETURN Limited Unaudited accounts Contents
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MORGAN ABSOLUTE RETURN Limited Company Information for the year ended 31 March 2024
Director
David Richard Paul Morgan
Company Number
07535990 (England and Wales)
Registered Office
20-22 Wenlock Road London NI 7GU United Kingdom
Accountants
Hawkstane Accountants Brantwoode Ferntower Road Crieff PH7 3DH
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MORGAN ABSOLUTE RETURN Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
2,230,666 
2,612,153 
Net current assets
- 
- 
Net assets
2,230,666 
2,612,153 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,230,566 
2,612,053 
Shareholders' funds
2,230,666 
2,612,153 
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 27 November 2024 and were signed on its behalf by
David Richard Paul Morgan Director Company Registration No. 07535990
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MORGAN ABSOLUTE RETURN Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
MORGAN ABSOLUTE RETURN Limited is a private company, limited by shares, registered in England and Wales, registration number 07535990. The registered office is 20-22 Wenlock Road, London, NI 7GU, United Kingdom.
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 year, 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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
2,612,153 
Fair value adjustments
(381,487)
Valuation at 31 March 2024
2,230,666 
The investment represents a 62% holding in Kinmonth Estate LLP , an entity incorporated in England. . Fixed asset investments are held at cost less any provision for impairment.
5
Controlling party
The immediate and ultimate parent undertaking is MAR Holdco Limited a company registered in England. The ultimate controlling party is Mrs. Louise Morgan
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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