Silverfin false false 31/10/2024 01/11/2023 31/10/2024 R Galton 11/10/2017 28 April 2025 The principal activity of the Company during the financial year was property development. 11008748 2024-10-31 11008748 bus:Director1 2024-10-31 11008748 core:CurrentFinancialInstruments 2024-10-31 11008748 core:CurrentFinancialInstruments 2023-10-31 11008748 2023-10-31 11008748 core:ShareCapital 2024-10-31 11008748 core:ShareCapital 2023-10-31 11008748 core:RetainedEarningsAccumulatedLosses 2024-10-31 11008748 core:RetainedEarningsAccumulatedLosses 2023-10-31 11008748 2023-11-01 2024-10-31 11008748 bus:FilletedAccounts 2023-11-01 2024-10-31 11008748 bus:SmallEntities 2023-11-01 2024-10-31 11008748 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 11008748 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11008748 bus:Director1 2023-11-01 2024-10-31 11008748 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Company No: 11008748 (England and Wales)

MOORTOWN LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

MOORTOWN LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

MOORTOWN LIMITED

BALANCE SHEET

As at 31 October 2024
MOORTOWN LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Current assets
Debtors 3 652,603 683,450
Cash at bank and in hand 19,903 35,437
672,506 718,887
Creditors: amounts falling due within one year 4 ( 293,872) ( 300,775)
Net current assets 378,634 418,112
Total assets less current liabilities 378,634 418,112
Net assets 378,634 418,112
Capital and reserves
Called-up share capital 100 100
Profit and loss account 378,534 418,012
Total shareholder's funds 378,634 418,112

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Moortown Limited (registered number: 11008748) were approved and authorised for issue by the Director on 28 April 2025. They were signed on its behalf by:

R Galton
Director
MOORTOWN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
MOORTOWN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Moortown Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, Dorset, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 2

3. Debtors

2024 2023
£ £
Corporation tax 0 2,039
Other debtors 652,603 681,411
652,603 683,450

4. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to director 3,447 3,504
Other loans 5,000 5,000
Accruals 2,100 2,100
Other taxation and social security 0 79
Other creditors 283,325 290,092
293,872 300,775