2023-08-01 2024-07-31 false Capium Accounts Production 1.1 05507832 bus:FullAccounts 2023-08-01 2024-07-31 05507832 bus:FRS102 2023-08-01 2024-07-31 05507832 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05507832 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05507832 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05507832 2023-08-01 2024-07-31 05507832 2024-07-31 05507832 bus:RegisteredOffice 2023-08-01 2024-07-31 05507832 core:WithinOneYear 2024-07-31 05507832 core:AfterOneYear 2024-07-31 05507832 bus:Director1 2023-08-01 2024-07-31 05507832 bus:Director1 2024-07-31 05507832 bus:Director1 2022-08-01 2023-07-31 05507832 bus:Director2 2023-08-01 2024-07-31 05507832 bus:Director2 2024-07-31 05507832 bus:Director2 2022-08-01 2023-07-31 05507832 2022-08-01 05507832 bus:CompanySecretary1 2023-08-01 2024-07-31 05507832 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 05507832 2022-08-01 2023-07-31 05507832 2023-07-31 05507832 core:WithinOneYear 2023-07-31 05507832 core:AfterOneYear 2023-07-31 05507832 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 05507832 core:LandBuildings 2023-08-01 2024-07-31 05507832 core:LandBuildings 2024-07-31 05507832 core:LandBuildings 2023-07-31 05507832 core:PlantMachinery 2023-08-01 2024-07-31 05507832 core:PlantMachinery 2024-07-31 05507832 core:PlantMachinery 2023-07-31 05507832 core:FurnitureFittings 2023-08-01 2024-07-31 05507832 core:FurnitureFittings 2024-07-31 05507832 core:FurnitureFittings 2023-07-31 05507832 core:ComputerEquipment 2023-08-01 2024-07-31 05507832 core:ComputerEquipment 2024-07-31 05507832 core:ComputerEquipment 2023-07-31 05507832 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-07-31 05507832 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 05507832 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 05507832 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 05507832 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 05507832 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 05507832 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 05507832 core:Non-currentFinancialInstruments 2024-07-31 05507832 core:Non-currentFinancialInstruments 2023-07-31 05507832 core:ShareCapital 2024-07-31 05507832 core:ShareCapital 2023-07-31 05507832 core:RetainedEarningsAccumulatedLosses 2024-07-31 05507832 core:RetainedEarningsAccumulatedLosses 2023-07-31 05507832 dpl:Item1 2023-08-01 05507832 dpl:Item1 2024-07-31 05507832 dpl:Item1 2022-08-01 05507832 dpl:Item1 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05507832
England and Wales

 

 

 

MORTIMER FINANCIAL LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
Directors Sian Nelson
Matthew Nelson
Registered Number 05507832
Registered Office 11 King Street
Mortimer Common
Reading
England
RG7 3RS
Secretary Sian Nelson
1
Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 31 July 2024.
Principal activities
Principal activity of the company during the financial year was of financial consultancy services.
Directors
The directors who served the company throughout the year were as follows:
Sian Nelson
Matthew Nelson

This report was approved by the board and signed on its behalf by:


----------------------------------
Matthew Nelson
Director

Date approved: 24 September 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 297,644    302,957 
297,644    302,957 
Current assets      
Debtors 4   116,365 
Cash at bank and in hand 76,958    50,096 
76,958    166,461 
Creditors: amount falling due within one year 5 (64,912)   (55,688)
Net current assets 12,046    110,773 
 
Total assets less current liabilities 309,690    413,730 
Creditors: amount falling due after more than one year 6 (6,300)   (12,450)
Provisions for liabilities 7 (5,570)   (6,580)
Net assets 297,820    394,700 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 297,720    394,600 
Shareholders' funds 297,820    394,700 
 


For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 24 September 2024 and were signed on its behalf by:


-------------------------------
Matthew Nelson
Director
3
General Information
Mortimer Financial Ltd is a private company, limited by shares, registered in England and Wales, registration number 05507832, registration address 11 King Street , Mortimer Common, Reading, England, RG7 3RS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
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
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.

Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 15% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 25% Reducing Balance
Improvements to property 15% Reducing Balance
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.
2.

Average number of employees


Average number of employees during the year was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Fixtures and Fittings   Computer Equipment   Improvements to property   Total
  £   £   £   £   £   £
At 01 August 2023 268,327    1,382    3,701    8,235    41,975    323,620 
Additions          
Disposals          
At 31 July 2024 268,327    1,382    3,701    8,235    41,975    323,620 
Depreciation
At 01 August 2023   533    1,428    7,054    11,648    20,663 
Charge for year   128    341    295    4,549    5,313 
On disposals          
At 31 July 2024   661    1,769    7,349    16,197    25,976 
Net book values
Closing balance as at 31 July 2024 268,327    721    1,932    886    25,778    297,644 
Opening balance as at 01 August 2023 268,327    849    2,273    1,181    30,327    302,957 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Taxation Recoverable   115 
Directors' Current Accounts   116,250 
  116,365 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Bank Loans 6,150    6,000 
Social Security and Other Tax 58,520    49,688 
Accrued Expenses 241   
Directors' Current Accounts  
64,912    55,688 

6.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans 1-2 years 6,300    6,150 
Bank Loans 2-5 years   6,300 
6,300    12,450 

7.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 5,570    6,580 
5,570    6,580 

8.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
Protect and Invest Limited309,672 299,262 

4