Silverfin false false 30/04/2024 01/05/2023 30/04/2024 Mr A S Dyer 20/08/2019 Mr R R Morris 08/04/2005 Mr A J Smith 31/07/2023 16/12/2013 20 January 2025 The principal activity of the Company during the financial year was that of a dormant holding company. 05320031 2024-04-30 05320031 bus:Director1 2024-04-30 05320031 bus:Director2 2024-04-30 05320031 bus:Director3 2024-04-30 05320031 2023-04-30 05320031 core:CurrentFinancialInstruments 2024-04-30 05320031 core:CurrentFinancialInstruments 2023-04-30 05320031 core:ShareCapital 2024-04-30 05320031 core:ShareCapital 2023-04-30 05320031 core:RetainedEarningsAccumulatedLosses 2024-04-30 05320031 core:RetainedEarningsAccumulatedLosses 2023-04-30 05320031 core:CostValuation 2023-04-30 05320031 core:CostValuation 2024-04-30 05320031 bus:OrdinaryShareClass1 2024-04-30 05320031 bus:OrdinaryShareClass2 2024-04-30 05320031 bus:OrdinaryShareClass3 2024-04-30 05320031 bus:OrdinaryShareClass4 2024-04-30 05320031 bus:OrdinaryShareClass5 2024-04-30 05320031 2023-05-01 2024-04-30 05320031 bus:FilletedAccounts 2023-05-01 2024-04-30 05320031 bus:SmallEntities 2023-05-01 2024-04-30 05320031 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 05320031 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05320031 bus:Director1 2023-05-01 2024-04-30 05320031 bus:Director2 2023-05-01 2024-04-30 05320031 bus:Director3 2023-05-01 2024-04-30 05320031 2022-05-01 2023-04-30 05320031 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 05320031 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 05320031 bus:OrdinaryShareClass2 2023-05-01 2024-04-30 05320031 bus:OrdinaryShareClass2 2022-05-01 2023-04-30 05320031 bus:OrdinaryShareClass3 2023-05-01 2024-04-30 05320031 bus:OrdinaryShareClass3 2022-05-01 2023-04-30 05320031 bus:OrdinaryShareClass4 2023-05-01 2024-04-30 05320031 bus:OrdinaryShareClass4 2022-05-01 2023-04-30 05320031 bus:OrdinaryShareClass5 2023-05-01 2024-04-30 05320031 bus:OrdinaryShareClass5 2022-05-01 2023-04-30 05320031 bus:OtherShareClass1 2023-05-01 2024-04-30 05320031 bus:OtherShareClass1 2022-05-01 2023-04-30 05320031 1 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05320031 (England and Wales)

MORRIS ENGINEERING HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

MORRIS ENGINEERING HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

MORRIS ENGINEERING HOLDINGS LIMITED

BALANCE SHEET

As at 30 April 2024
MORRIS ENGINEERING HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,383,088 1,383,088
1,383,088 1,383,088
Current assets
Debtors 4 635,831 636,831
635,831 636,831
Net current assets 635,831 636,831
Total assets less current liabilities 2,018,919 2,019,919
Net assets 2,018,919 2,019,919
Capital and reserves
Called-up share capital 5 2,000,000 2,001,000
Profit and loss account 18,919 18,919
Total shareholders' funds 2,018,919 2,019,919

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Morris Engineering Holdings Limited (registered number: 05320031) were approved and authorised for issue by the Board of Directors on 20 January 2025. They were signed on its behalf by:

Mr A S Dyer
Director
MORRIS ENGINEERING HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
MORRIS ENGINEERING HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Morris Engineering Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/P Morris Engineering Ltd, Bell Close Newnham Ind Est, Plympton Plymouth, PL7 4JH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 May 2023 1,383,088
At 30 April 2024 1,383,088
Carrying value at 30 April 2024 1,383,088
Carrying value at 30 April 2023 1,383,088

4. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 635,831 636,831

5. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1,000,000 Ordinary B shares of £ 0.50 each 500,000 500,000
750,000 Ordinary C shares of £ 0.50 each 375,000 375,000
750,000 Ordinary D shares of £ 0.50 each 375,000 375,000
750,000 Ordinary E shares of £ 0.50 each 375,000 375,000
750,000 Ordinary F shares of £ 0.50 each 375,000 375,000
Nil Ordinary A Non Voting shares (2023: 2,000 shares of £ 0.50 each) 0 1,000
2,000,000 2,001,000

During the year the Ordinary A Non Voting shares were cancelled.

6. Ultimate controlling party

Parent Company:

Morris Engineering New Holdco Limited
The registered office of Morris Engineering New Holdco Limited is C/O PKF Francis Clark Melville Building East, Royal William Yard, Plymouth, United Kingdom, PL1 3RP

The group undertook a restructure during the year and a new holding company was incorporated. The ultimate controlling party has changed from Morris Engineering Holdings Limited to Morris Engineering New Holdco Limited.