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REGISTERED NUMBER: 01033647 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

MOORCOUNTY LIMITED

MOORCOUNTY LIMITED (REGISTERED NUMBER: 01033647)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MOORCOUNTY LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: C J Ryde
D L Selwyn





REGISTERED OFFICE: 4th Floor St James House,
St James' Square,
Cheltenham
Gloucestershire
GL50 3PR





REGISTERED NUMBER: 01033647 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

MOORCOUNTY LIMITED (REGISTERED NUMBER: 01033647)

Statement of Financial Position
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 1,425,000 875,000

CURRENT ASSETS
Debtors 5 2,376 3,726
Cash at bank 81,808 70,884
84,184 74,610
CREDITORS
Amounts falling due within one year 6 15,650 16,989
NET CURRENT ASSETS 68,534 57,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,493,534

932,621

CREDITORS
Amounts falling due after more than
one year

7

(110,000

)

(110,000

)

PROVISIONS FOR LIABILITIES 8 (225,083 ) (87,583 )
NET ASSETS 1,158,451 735,038

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 9 970,815 558,315
Retained earnings 187,634 176,721
1,158,451 735,038

MOORCOUNTY LIMITED (REGISTERED NUMBER: 01033647)

Statement of Financial Position - continued
31 DECEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by:





D L Selwyn - Director


MOORCOUNTY LIMITED (REGISTERED NUMBER: 01033647)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Moorcounty 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

MOORCOUNTY LIMITED (REGISTERED NUMBER: 01033647)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 875,000
Revaluations 550,000
At 31 December 2024 1,425,000
NET BOOK VALUE
At 31 December 2024 1,425,000
At 31 December 2023 875,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2020 635,000
Valuation in 2021 115,000
Valuation in 2022 135,000
Valuation in 2023 (10,000 )
Valuation in 2024 550,000
1,425,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,376 3,726

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 11,779 13,172
Other creditors 3,871 3,817
15,650 16,989

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 110,000 110,000

MOORCOUNTY LIMITED (REGISTERED NUMBER: 01033647)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 225,083 87,583

Deferred
tax
£   
Balance at 1 January 2024 87,583
Charge to Statement of Comprehensive Income during year 137,500
Balance at 31 December 2024 225,083

9. RESERVES
Fair
value
reserve
£   
At 1 January 2024 558,315
Transfer from retained
earnings 412,500

At 31 December 2024 970,815

10. RELATED PARTY DISCLOSURES

Included within other debtors: amounts falling due within one year, is a director's loan due from Mr D Selwyn in the sum of £1,764 (2023: £3,113). The account is unsecured, interest free and carries no fixed date of repayment.