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REGISTERED NUMBER: 10394419 (England and Wales)















MORAN PROPERTIES (LUDLOW) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






MORAN PROPERTIES (LUDLOW) LIMITED (REGISTERED NUMBER: 10394419)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MORAN PROPERTIES (LUDLOW) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: R T Moran
S A Moran
Mrs M L Pardoe
Mrs D Moran
T J Pardoe





REGISTERED OFFICE: Orleton Road
Ludlow Business Park
Ludlow
Shropshire
SY8 1XF





REGISTERED NUMBER: 10394419 (England and Wales)





ACCOUNTANTS: Davies Edwards & Co
Chartered Certified Accountants
West Lodge
Rainbow Street
Leominster
Herefordshire
HR6 8DQ

MORAN PROPERTIES (LUDLOW) LIMITED (REGISTERED NUMBER: 10394419)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 47,070 58,837
47,070 58,837

CURRENT ASSETS
Cash at bank 5,193 5,193

CREDITORS
Amounts falling due within one year 6 359,086 358,413
NET CURRENT LIABILITIES (353,893 ) (353,220 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(306,823

)

(294,383

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (306,923 ) (294,483 )
SHAREHOLDERS' FUNDS (306,823 ) (294,383 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

MORAN PROPERTIES (LUDLOW) LIMITED (REGISTERED NUMBER: 10394419)

BALANCE SHEET - continued
31 AUGUST 2024



The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





R T Moran - Director


MORAN PROPERTIES (LUDLOW) LIMITED (REGISTERED NUMBER: 10394419)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Moran Properties (Ludlow) 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.

Formation costs
Formation costs were fully amortised in the first period of trading.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

MORAN PROPERTIES (LUDLOW) LIMITED (REGISTERED NUMBER: 10394419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. FORMATION COSTS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 August 2024 179
AMORTISATION
At 1 September 2023
and 31 August 2024 179
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 126,100 17,543 143,643
DEPRECIATION
At 1 September 2023 74,450 10,356 84,806
Charge for year 10,330 1,437 11,767
At 31 August 2024 84,780 11,793 96,573
NET BOOK VALUE
At 31 August 2024 41,320 5,750 47,070
At 31 August 2023 51,650 7,187 58,837

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 535 600
Amounts owed to Moran Motorhomes Ltd 264,099 271,020
Directors' current accounts 93,852 86,158
Accruals and deferred income 600 635
359,086 358,413

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

MORAN PROPERTIES (LUDLOW) LIMITED (REGISTERED NUMBER: 10394419)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. RESERVES
Retained
earnings
£   

At 1 September 2023 (294,483 )
Deficit for the year (12,440 )
At 31 August 2024 (306,923 )

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

R T Moran, S A Moran and Mrs M L Pardoe are all directors and shareholders in Moran Motorhomes Limited. The two companies have not traded during the period however there is an outstanding loan of £264,099 at the period end date.

T J Pardoe also trades under his own name. There have been no transactions between the two companies during this financial year.