Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 5384749 Mr GARY MORRIS Miss KARON TAYLOR iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5384749 2023-03-31 5384749 2024-03-31 5384749 2023-04-01 2024-03-31 5384749 frs-core:CurrentFinancialInstruments 2024-03-31 5384749 frs-core:PlantMachinery 2024-03-31 5384749 frs-core:PlantMachinery 2023-04-01 2024-03-31 5384749 frs-core:PlantMachinery 2023-03-31 5384749 frs-core:ShareCapital 2024-03-31 5384749 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 5384749 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 5384749 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 5384749 frs-bus:SmallEntities 2023-04-01 2024-03-31 5384749 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 5384749 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 5384749 frs-bus:Director1 2023-04-01 2024-03-31 5384749 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 5384749 frs-countries:EnglandWales 2023-04-01 2024-03-31 5384749 2022-03-31 5384749 2023-03-31 5384749 2022-04-01 2023-03-31 5384749 frs-core:CurrentFinancialInstruments 2023-03-31 5384749 frs-core:ShareCapital 2023-03-31 5384749 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 5384749
MORRIS RETAIL LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
FOSDYKE ACCOUNTANCY SERVICES LIMITED
THE OLD VICARAGE
1 BELL LANE
FOSDYKE BOSTON
LINCS
PE20 2BS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 5384749
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,811 14,185
13,811 14,185
CURRENT ASSETS
Stocks 5 42,007 42,678
Debtors 6 11,643 11,583
Cash at bank and in hand 218 218
53,868 54,479
Creditors: Amounts Falling Due Within One Year 7 (40,561 ) (41,422 )
NET CURRENT ASSETS (LIABILITIES) 13,307 13,057
TOTAL ASSETS LESS CURRENT LIABILITIES 27,118 27,242
NET ASSETS 27,118 27,242
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 26,118 26,242
SHAREHOLDERS' FUNDS 27,118 27,242
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr GARY MORRIS
Director
27/12/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
MORRIS RETAIL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 5384749 . The registered office is 282 WRAGBY ROAD, LINCOLN, LINCS, LN2 4PX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 59,842
As at 31 March 2024 59,842
Depreciation
As at 1 April 2023 45,657
Provided during the period 374
As at 31 March 2024 46,031
Net Book Value
As at 31 March 2024 13,811
As at 1 April 2023 14,185
5. Stocks
2024 2023
£ £
Materials 42,007 42,678
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,028 9,863
Other debtors 1,615 1,720
11,643 11,583
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 22,550 22,795
Bank loans and overdrafts 9,062 9,420
Other creditors 8,949 9,207
40,561 41,422
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4