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Company Registration No. 07652443 (England and Wales)
Morgan-Knox Limited Unaudited accounts for the year ended 31 May 2024
Morgan-Knox Limited Unaudited accounts Contents
Page
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Morgan-Knox Limited Company Information for the year ended 31 May 2024
Directors
David Ashley Knox Lisa Jayne Morgan
Company Number
07652443 (England and Wales)
Registered Office
Nuns Walk Steventon Basingstoke Hampshire RG25 3BD United Kingdom
Accountants
Go Beyond Accounting Ltd 94 St James Road Southampton Hampshire SO15 5HF
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Morgan-Knox Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
307,941 
308,506 
Current assets
Debtors
12,248 
- 
Cash at bank and in hand
248,127 
228,180 
260,375 
228,180 
Creditors: amounts falling due within one year
(170,488)
(179,950)
Net current assets
89,887 
48,230 
Total assets less current liabilities
397,828 
356,736 
Creditors: amounts falling due after more than one year
(319,123)
(319,123)
Net assets
78,705 
37,613 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
78,605 
37,513 
Shareholders' funds
78,705 
37,613 
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 12 February 2025 and were signed on its behalf by
David Ashley Knox Director Company Registration No. 07652443
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Morgan-Knox Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Morgan-Knox Limited is a private company, limited by shares, registered in England and Wales, registration number 07652443. The registered office is Nuns Walk, Steventon, Basingstoke, Hampshire, RG25 3BD, United Kingdom.
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.
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 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
304,600 
9,124 
313,724 
Additions
- 
504 
504 
At 31 May 2024
304,600 
9,628 
314,228 
Depreciation
At 1 June 2023
- 
5,218 
5,218 
Charge for the year
- 
1,069 
1,069 
At 31 May 2024
- 
6,287 
6,287 
Net book value
At 31 May 2024
304,600 
3,341 
307,941 
At 31 May 2023
304,600 
3,906 
308,506 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
12,248 
- 
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Morgan-Knox Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(151)
453 
Taxes and social security
9,456 
8,157 
Loans from directors
158,929 
167,069 
Accruals
150 
4,271 
Deferred income
2,104 
- 
170,488 
179,950 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
319,123 
319,123 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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