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REGISTERED NUMBER: 10537172 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Morris Management Limited

Morris Management Limited (Registered number: 10537172)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Morris Management Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Ms L Shields





REGISTERED OFFICE: FFT Reedham House
31 King Street West
Manchester
M3 2PJ





BUSINESS ADDRESS: The Exchange
2 Malt Street
Knutsford
Cheshire
WA16 6ES





REGISTERED NUMBER: 10537172 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Morris Management Limited (Registered number: 10537172)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,408 -

CURRENT ASSETS
Debtors 5 769,471 700,240
Cash at bank and in hand 29,739 39,357
799,210 739,597
CREDITORS
Amounts falling due within one year 6 692,399 530,167
NET CURRENT ASSETS 106,811 209,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,219

209,430

CREDITORS
Amounts falling due after more than one year 7 27,027 25,654
NET ASSETS 102,192 183,776

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 102,092 183,676
SHAREHOLDERS' FUNDS 102,192 183,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Morris Management Limited (Registered number: 10537172)

Balance Sheet - continued
31 December 2023


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 director and authorised for issue on 20 March 2025 and were signed by:





Ms L Shields - Director


Morris Management Limited (Registered number: 10537172)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Morris Management 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Morris Management Limited (Registered number: 10537172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

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.

Going concern
The company's financial statements for the year ended 31 December 2023 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 33,612
At 31 December 2023 33,612
DEPRECIATION
Charge for year 11,204
At 31 December 2023 11,204
NET BOOK VALUE
At 31 December 2023 22,408

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 33,612
At 31 December 2023 33,612
DEPRECIATION
Charge for year 11,204
At 31 December 2023 11,204
NET BOOK VALUE
At 31 December 2023 22,408

Morris Management Limited (Registered number: 10537172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 769,471 700,240

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 19,458 19,458
Hire purchase contracts (see note 8) 15,000 -
Trade creditors 227,627 129,588
Taxation and social security 4,462 23,662
Other creditors 425,852 357,459
692,399 530,167

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 15,777 25,654
Hire purchase contracts (see note 8) 11,250 -
27,027 25,654

Morris Management Limited (Registered number: 10537172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Gross obligations repayable:
Within one year 17,031 -
Between one and five years 12,773 -
29,804 -

Finance charges repayable:
Within one year 2,031 -
Between one and five years 1,523 -
3,554 -

Net obligations repayable:
Within one year 15,000 -
Between one and five years 11,250 -
26,250 -

Non-cancellable operating leases
2023 2022
£    £   
Between one and five years 16,207 26,256

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

Morris Management Limited (Registered number: 10537172)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

10. RELATED PARTY DISCLOSURES

Entities over which the entity has control, joint control or significant influence:

20232022
££
Amounts due from related party753,768624,501

Amounts due to related party66,189-

There are no fixed repayment terms and no interest is chargeable in respect of these balances.