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REGISTERED NUMBER: 03947615 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

WILLIAM MURRAY COMMUNICATIONS LIMITED

WILLIAM MURRAY COMMUNICATIONS LIMITED (REGISTERED NUMBER: 03947615)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WILLIAM MURRAY COMMUNICATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: C J Dines
J Moss
J Murray
A Murray





REGISTERED OFFICE: 34-40 High Street
Wanstead
London
E11 2RJ





REGISTERED NUMBER: 03947615 (England and Wales)





ACCOUNTANTS: THP Limited
Chartered Accountants
34-40 High Street
Wanstead
London
E11 2RJ

WILLIAM MURRAY COMMUNICATIONS LIMITED (REGISTERED NUMBER: 03947615)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,368 7,843

CURRENT ASSETS
Debtors 5 281,206 453,964
Cash at bank and in hand 239,474 70,769
520,680 524,733
CREDITORS
Amounts falling due within one year 6 457,427 491,381
NET CURRENT ASSETS 63,253 33,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,621

41,195

CREDITORS
Amounts falling due after more than one
year

7

(55,000

)

(65,000

)

PROVISIONS FOR LIABILITIES (1,626 ) (1,290 )
NET ASSETS/(LIABILITIES) 13,995 (25,095 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,895 (25,195 )
SHAREHOLDERS' FUNDS 13,995 (25,095 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by:





C J Dines - Director


WILLIAM MURRAY COMMUNICATIONS LIMITED (REGISTERED NUMBER: 03947615)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

William Murray Communications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents the provision of marketing services during the year, excluding value added tax.

Revenue is recognised in the accounting period in which the services were rendered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold property - Over the period of the lease
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 15 ) .

WILLIAM MURRAY COMMUNICATIONS LIMITED (REGISTERED NUMBER: 03947615)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Short Fixtures
leasehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023 33,066 90,798 9,891 133,755
Additions - 930 1,637 2,567
At 30 June 2024 33,066 91,728 11,528 136,322
DEPRECIATION
At 1 July 2023 33,066 85,798 7,048 125,912
Charge for year - 256 2,786 3,042
At 30 June 2024 33,066 86,054 9,834 128,954
NET BOOK VALUE
At 30 June 2024 - 5,674 1,694 7,368
At 30 June 2023 - 5,000 2,843 7,843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 223,201 452,639
Other debtors 58,005 1,325
281,206 453,964

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 188,885 214,826
Taxation and social security 51,788 40,163
Other creditors 206,754 226,392
457,427 491,381

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 10,000 20,000
Other creditors 45,000 45,000
55,000 65,000

The bank loan is supported and secured by the UK Government's Bounce Back Loan Scheme (BBLS). Interest will be charged at a fixed rate of 2.5% and the balance is repayable over 60 months with the first payment due 12 months after inception.

8. RELATED PARTY DISCLOSURES

The company owed a director £45,000 (2023: £45,000) at the year end. The loan is interest free and payable in over one year.

9. ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent undertaking is William Murray Holdings Limited whose registered office is 34-40 High Street, Wanstead, London, E11 2RJ.

The ultimate controlling party is A Murray.