1 October 2023 v2025.9.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP052536292023-10-012024-09-30052536292024-09-30052536292023-09-3005253629core:WithinOneYear2024-09-3005253629core:WithinOneYear2023-09-3005253629core:AfterOneYear2024-09-3005253629core:AfterOneYear2023-09-3005253629core:ShareCapital2024-09-3005253629core:ShareCapital2023-09-3005253629core:RetainedEarningsAccumulatedLosses2024-09-3005253629core:RetainedEarningsAccumulatedLosses2023-09-3005253629bus:Director12023-10-012024-09-3005253629bus:RegisteredOffice2023-10-012024-09-3005253629core:MotorVehicles2023-10-012024-09-3005253629core:PlantMachinery2023-10-012024-09-3005253629core:OfficeEquipment2023-10-012024-09-30052536292022-10-012023-09-3005253629core:PlantMachinery2024-09-3005253629core:PlantMachinery2023-10-0105253629core:PlantMachinery2023-09-300525362912023-10-012024-09-3005253629countries:EnglandWales2023-10-012024-09-3005253629bus:AuditExemptWithAccountantsReport2023-10-012024-09-3005253629bus:PrivateLimitedCompanyLtd2023-10-012024-09-3005253629bus:SmallEntities2023-10-012024-09-3005253629bus:FullAccounts2023-10-012024-09-30
Company registration number:
05253629
J R Morris (Builders) Ltd
Unaudited Filleted Financial Statements for the year ended
30 September 2024
J R Morris (Builders) Ltd
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of J R Morris (Builders) Ltd
Year ended
30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
J R Morris (Builders) Ltd
for the year ended
30 September 2024
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
J R Morris (Builders) Ltd
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
J R Morris (Builders) Ltd
and state those matters that we have agreed to state to the Board of Directors of
J R Morris (Builders) Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
J R Morris (Builders) Ltd
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
J R Morris (Builders) Ltd
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
J R Morris (Builders) Ltd
. You consider that
J R Morris (Builders) Ltd
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of J R Morris (Builders) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Proud Goulbourn Accountants Limited
Office 16, Hamilton Davies House
117c Liverpool Road
Cadishead
Manchester
M44 5BG
United Kingdom
Date:
16 December 2024
J R Morris (Builders) Ltd
Statement of Financial Position
30 September 2024
20242023
Note££
Fixed assets    
Tangible assets 5
449
 
575
 
Current assets    
Debtors 6
10,132
 
5,655
 
Cash at bank and in hand
13,026
 
8,389
 
23,158
 
14,044
 
Creditors: amounts falling due within one year 7
(26,120
)
(17,029
)
Net current liabilities
(2,962
)
(2,985
)
Total assets less current liabilities (2,513 ) (2,410 )
Creditors: amounts falling due after more than one year 8
(5,066
)
(9,628
)
Provisions for liabilities -  
(22
)
Net liabilities
(7,579
)
(12,060
)
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(7,580
)
(12,061
)
Shareholders deficit
(7,579
)
(12,060
)
For the year ending
30 September 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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.
These
financial statements
were approved by the board of directors and authorised for issue on
16 December 2024
, and are signed on behalf of the board by:
J Morris
Director
Company registration number:
05253629
J R Morris (Builders) Ltd
Notes to the Financial Statements
Year ended
30 September 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Office 16, Hamilton Davies House
,
117c Liverpool Road
,
Cadishead
,
Manchester
,
M44 5BG
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
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 and represents amount receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Current tax

The taxation expense represent the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measures at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently stated at cost less any accumulated depreciation and accumulated impairment losses. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Motor vehicles
20% straight line
Plant and machinery
15% straight line
Office equipment
33% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows:

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 October 2023
and
30 September 2024
13,499
 
Depreciation  
At
1 October 2023
12,924
 
Charge
126
 
At
30 September 2024
13,050
 
Carrying amount  
At
30 September 2024
449
 
At 30 September 2023
575
 

6 Debtors

20242023
££
Other debtors
10,132
 
5,655
 
Included in other debtors is a loan to the director of £8,353 which will be repaid in March 2025

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
4,880
 
5,324
 
Taxation and social security
8,168
 
6,951
 
Other creditors
13,072
 
4,754
 
26,120
 
17,029
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
5,066
 
9,628
 

9 Director's advances, credit and guarantees

The director had the balance of a loan from the company of £7567, which has been repaid in full