Company Registration No. 12562121 (England and Wales)
Morris Inc Ltd
Unaudited accounts
for the year ended 30 April 2024
Morris Inc Ltd
Unaudited accounts
Contents
Morris Inc Ltd
Company Information
for the year ended 30 April 2024
Company Number
12562121 (England and Wales)
Registered Office
91Tottenhall Road
London
N13 6JA
England
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
Morris Inc Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
421,649
430,859
Cash at bank and in hand
94
1,868
Creditors: amounts falling due within one year
(308,306)
(276,918)
Net current liabilities
(308,212)
(275,050)
Total assets less current liabilities
113,437
155,809
Creditors: amounts falling due after more than one year
(293,565)
(273,782)
Net liabilities
(180,128)
(117,973)
Called up share capital
1
1
Profit and loss account
(180,129)
(117,974)
Shareholders' funds
(180,128)
(117,973)
For the 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. 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 7 January 2025 and were signed on its behalf by
Simon Morris
Director
Company Registration No. 12562121
Morris Inc Ltd
Notes to the Accounts
for the year ended 30 April 2024
Morris Inc Ltd is a private company, limited by shares, registered in England and Wales, registration number 12562121. The registered office is 91Tottenhall Road, London, N13 6JA, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
457,677
225
457,902
At 30 April 2024
457,677
225
457,902
At 1 May 2023
26,987
56
27,043
Charge for the year
9,154
56
9,210
At 30 April 2024
36,141
112
36,253
At 30 April 2024
421,536
113
421,649
At 30 April 2023
430,690
169
430,859
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
315,371
273,706
Morris Inc Ltd
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
273,782
273,782
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).