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REGISTERED NUMBER: 09273337 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

MOREVER LIMITED

MOREVER LIMITED (REGISTERED NUMBER: 09273337)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MOREVER LIMITED

Company Information
for the year ended 31 October 2024







DIRECTORS: D Mellor
A Z Mellor





REGISTERED OFFICE: 2 Clifton Mews
Clifton Hill
Brighton
East Sussex
BN1 3HR





REGISTERED NUMBER: 09273337 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

MOREVER LIMITED (REGISTERED NUMBER: 09273337)

Balance Sheet
31 October 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 3,683 5,772

CURRENT ASSETS
Debtors 5 34,824 40,737
Cash at bank and in hand 39,749 43,013
74,573 83,750
CREDITORS
Amounts falling due within one year 6 (76,875 ) (77,397 )
NET CURRENT (LIABILITIES)/ASSETS (2,302 ) 6,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,381

12,125

CREDITORS
Amounts falling due after more than one
year

7

(26,121

)

(31,705

)

PROVISIONS FOR LIABILITIES 9 (921 ) (1,443 )
NET LIABILITIES (25,661 ) (21,023 )

CAPITAL AND RESERVES
Called up share capital 10 320 320
Other reserves (16 ) (16 )
Retained earnings (25,965 ) (21,327 )
SHAREHOLDERS' FUNDS (25,661 ) (21,023 )

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

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

MOREVER LIMITED (REGISTERED NUMBER: 09273337)

Balance Sheet - continued
31 October 2024


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 11 June 2025 and were signed on its behalf by:





A Z Mellor - Director


MOREVER LIMITED (REGISTERED NUMBER: 09273337)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Morever 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable net of VAT and trade discounts, and is recognised as follows:

Revenue is recognised as contract activity progresses. Revenue not billed is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Tangible fixed assets
Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment-20% on cost

Financial instruments
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 entity after deducting all of its financial liabilities.

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.


MOREVER LIMITED (REGISTERED NUMBER: 09273337)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

2. ACCOUNTING POLICIES - continued
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
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 plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has not further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability on the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Impairment
At each balance sheet date, the company review the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

MOREVER LIMITED (REGISTERED NUMBER: 09273337)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 November 2023 31,357
Additions 2,624
Disposals (8,959 )
At 31 October 2024 25,022
DEPRECIATION
At 1 November 2023 25,585
Charge for year 3,715
Eliminated on disposal (7,961 )
At 31 October 2024 21,339
NET BOOK VALUE
At 31 October 2024 3,683
At 31 October 2023 5,772

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 29,629 38,915
Other debtors 5,195 1,822
34,824 40,737

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 6,210 6,210
Trade creditors 14,064 3,303
Taxation and social security 41,363 52,791
Other creditors 15,238 15,093
76,875 77,397

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 26,121 31,705

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,280 6,864

MOREVER LIMITED (REGISTERED NUMBER: 09273337)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 1,351 16,440
Between one and five years - 1,396
1,351 17,836

9. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 921 1,443

Deferred tax
£
Balance at 1 November 2023 1,443
Utilised during year (522 )
Accelerated capital allowances
Balance at 31 October 2024 921

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
304 Ordinary 1 320 320