2023-09-01 08647320 2024-08-31 08647320 2023-09-01 2024-08-31 08647320 2023-08-31 08647320 2022-09-01 2023-08-31 08647320 uk-core:WithinOneYear 2023-08-31 08647320 uk-core:WithinOneYear 2024-08-31 08647320 uk-core:AfterOneYear 2023-08-31 08647320 uk-core:AfterOneYear 2024-08-31 08647320 uk-core:ShareCapital 2024-08-31 08647320 uk-core:ShareCapital 2023-08-31 08647320 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 08647320 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 08647320 uk-bus:Director1 2023-09-01 2024-08-31 08647320 uk-core:PlantMachinery 2023-09-01 2024-08-31 08647320 uk-core:WithinOneYear uk-core:Secured 2024-08-31 08647320 uk-core:WithinOneYear uk-core:Secured 2023-08-31 08647320 uk-core:BetweenTwoFiveYears 2023-08-31 08647320 uk-core:BetweenTwoFiveYears 2024-08-31 08647320 uk-core:MoreThanFiveYears 2024-08-31 08647320 uk-core:MoreThanFiveYears 2023-08-31 iso4217:GBP xbrli:pure 08647320 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08647320 uk-bus:FRS102 2023-09-01 2024-08-31 08647320 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 08647320 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Murrays Estate Agents Limited
Registered Number:08647320
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Murrays Estate Agents Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
08647320
As at 31 August 2024
Murrays Estate Agents Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
18,065
18,772
2
18,065
18,772
Current assets
Trade and other receivables
46,218
63,390
3
394,890
Cash and cash equivalents
135,328
198,718
441,108
Trade and other payables: amounts falling due within one year
(155,128)
(71,044)
4
285,980
127,674
Net current assets
Total assets less current liabilities
145,739
304,752
Trade and other payables: amounts falling due after more than one
year
(16,844)
(6,844)
5
(3,432)
(3,803)
Provisions for liabilities
135,463
Net assets
284,105
Capital and reserves
Called up share capital
100
100
Retained earnings
135,363
284,005
135,463
284,105
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Richard Andrew Nielson Murray Director
These financial statements were approved and authorised for issue by the Board on 24 January 2025 and were signed by:
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4
Registered Number :
08647320
For the year ended 31 August 2024
Murrays Estate Agents Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 August 2024
Murrays Estate Agents Limited
Notes to the Financial Statements
Statutory Information
Murrays Estate Agents Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08647320.
Registered address:
3 King Street
Stroud
Gloucestershire
GL5 3BS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, 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
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 August 2024
Murrays Estate Agents Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
Machinery
£
Cost or valuation
At 01 September 2023
30,078
2,481
Additions
At 31 August 2024
32,559
Provision for depreciation and impairment
At 01 September 2023
11,306
Charge for year
3,188
At 31 August 2024
14,494
At 31 August 2024
Net book value
18,065
At 31 August 2023
18,772
3. Trade and other receivables
2023
2024
£
£
Trade debtors
61,632
44,460
Other debtors
1,758
1,758
46,218
63,390
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
10,656
10,656
Trade creditors
8,918
10,824
Taxation and social security
34,275
49,282
Other creditors
17,195
84,366
71,044
155,128
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
6,844
16,844
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7
For the year ended 31 August 2024
Murrays Estate Agents Limited
Notes to the Financial Statements Continued
6. Guarantees and other financial commitments
Lease commitments
At 31 August 2024 the company had annual commitments under non-cancellable operating leases as set out below:
2023
£
2024
£
Operating leases which expire:
17,258
17,258
Within 2 to 5 years
After more than 5 years
21,100
21,100
38,358
38,358
7. Average number of persons employed
During the year the average number of employees was 13 (2023 : 13)
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