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Company Registration No. 08338795 (England and Wales)
Morgan Jones Estates & Lettings Ltd Unaudited accounts for the year ended 31 May 2024
Morgan Jones Estates & Lettings Ltd Unaudited accounts Contents
Page
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Morgan Jones Estates & Lettings Ltd Company Information for the year ended 31 May 2024
Directors
CHAN, Jonathan ABOULACHOUAQ, Richard
Company Number
08338795 (England and Wales)
Registered Office
3RD FLOOR, 10 ROYAL BUILDINGS PRINCESS WAY SWANSEA SA1 3LW WALES
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Morgan Jones Estates & Lettings Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
(2)
4,662 
Current assets
Inventories
1,130 
1,130 
Debtors
55,755 
48,009 
Cash at bank and in hand
84,621 
56,208 
141,506 
105,347 
Creditors: amounts falling due within one year
(111,936)
(95,539)
Net current assets
29,570 
9,808 
Net assets
29,568 
14,470 
Capital and reserves
Called up share capital
150 
100 
Profit and loss account
29,418 
14,370 
Shareholders' funds
29,568 
14,470 
For the year ending 31 May 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 6 January 2025 and were signed on its behalf by
CHAN, Jonathan Director Company Registration No. 08338795
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Morgan Jones Estates & Lettings Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Morgan Jones Estates & Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 08338795. The registered office is 3RD FLOOR, 10 ROYAL BUILDINGS, PRINCESS WAY, SWANSEA, SA1 3LW, WALES.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2023
23,318 
At 31 May 2024
23,318 
Amortisation
At 1 June 2023
18,656 
Charge for the year
4,664 
At 31 May 2024
23,320 
Net book value
At 31 May 2024
(2)
At 31 May 2023
4,662 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,272 
9,526 
Other debtors
38,483 
38,483 
55,755 
48,009 
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Morgan Jones Estates & Lettings Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
7,985 
31,230 
Taxes and social security
2,146 
6,937 
Other creditors
59,794 
33,805 
Loans from directors
7,362 
7,334 
Accruals
34,649 
16,233 
111,936 
95,539 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
50 Ordinary B shares of £1 each
50 
- 
150 
100 
Shares issued during the period:
50 Ordinary B shares of £1 each
50 
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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