2023-06-01 04992458 2024-05-31 04992458 2023-06-01 2024-05-31 04992458 2023-05-31 04992458 2022-06-01 2023-05-31 04992458 uk-core:WithinOneYear 2023-05-31 04992458 uk-core:WithinOneYear 2024-05-31 04992458 uk-core:AfterOneYear 2023-05-31 04992458 uk-core:AfterOneYear 2024-05-31 04992458 uk-core:ShareCapital 2024-05-31 04992458 uk-core:ShareCapital 2023-05-31 04992458 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 04992458 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 04992458 uk-bus:Director1 2023-06-01 2024-05-31 04992458 uk-core:WithinOneYear 2024-05-31 04992458 uk-core:WithinOneYear 2023-05-31 04992458 uk-core:AfterOneYear uk-core:Secured 2024-05-31 04992458 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 04992458 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 04992458 uk-bus:FRS102 2023-06-01 2024-05-31 04992458 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 04992458 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
G Morris Developments Limited
Registered Number:04992458
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
G Morris Developments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04992458
As at 31 May 2024
G Morris Developments Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
835
Cash and cash equivalents
1,140
1,140
835
Trade and other payables: amounts falling due within one
year
(40,116)
(44,738)
2
(39,281)
(43,598)
Net current liabilities
Total assets less current liabilities
(43,598)
(39,281)
Trade and other payables: amounts falling due after more
than one year
(122,487)
(66,880)
3
(110,478)
Net liabilities
(161,768)
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
(111,478)
(162,768)
(110,478)
(161,768)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
G Morris Director
These financial statements were approved and authorised for issue by the Board on 25 February 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 May 2024
G Morris Developments Limited
Notes to the Financial Statements
Statutory Information
G Morris Developments Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04992458.
Registered address:
23 Porters Wood
St Albans
Hertfordshire
AL3 6PQ
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
3,678
3,678
Other creditors
41,060
36,438
44,738
40,116
3. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
16,880
19,987
Other creditors
50,000
102,500
66,880
122,487
4. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
2 of 3
5
For the year ended 31 May 2024
G Morris Developments Limited
Notes to the Financial Statements Continued
3 of 3