Moorlander Consulting Limited 12909676 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is to provide consultancy and wellness services to clients and to make strategic investments in property and funds. Digita Accounts Production Advanced 6.30.9574.0 true false 12909676 2023-10-01 2024-09-30 12909676 2024-09-30 12909676 bus:Director1 1 2024-09-30 12909676 bus:Director2 1 2024-09-30 12909676 bus:OrdinaryShareClass1 2024-09-30 12909676 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2024-09-30 12909676 core:CurrentFinancialInstruments 2024-09-30 12909676 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 12909676 core:Non-currentFinancialInstruments 2024-09-30 12909676 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-09-30 12909676 core:FurnitureFittingsToolsEquipment 2024-09-30 12909676 core:MotorVehicles 2024-09-30 12909676 core:AllSubsidiaries 2024-09-30 12909676 bus:SmallEntities 2023-10-01 2024-09-30 12909676 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12909676 bus:FilletedAccounts 2023-10-01 2024-09-30 12909676 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12909676 bus:RegisteredOffice 2023-10-01 2024-09-30 12909676 bus:Director1 2023-10-01 2024-09-30 12909676 bus:Director1 1 2023-10-01 2024-09-30 12909676 bus:Director2 2023-10-01 2024-09-30 12909676 bus:Director2 1 2023-10-01 2024-09-30 12909676 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 12909676 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12909676 bus:Agent1 2023-10-01 2024-09-30 12909676 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 12909676 core:MotorVehicles 2023-10-01 2024-09-30 12909676 core:OfficeEquipment 2023-10-01 2024-09-30 12909676 core:AllSubsidiaries 2023-10-01 2024-09-30 12909676 countries:EnglandWales 2023-10-01 2024-09-30 12909676 2023-09-30 12909676 bus:Director1 1 2023-09-30 12909676 bus:Director2 1 2023-09-30 12909676 core:FurnitureFittingsToolsEquipment 2023-09-30 12909676 core:MotorVehicles 2023-09-30 12909676 2022-10-01 2023-09-30 12909676 2023-09-30 12909676 bus:Director1 1 2023-09-30 12909676 bus:Director2 1 2023-09-30 12909676 bus:OrdinaryShareClass1 2023-09-30 12909676 core:CurrentFinancialInstruments 2023-09-30 12909676 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 12909676 core:FurnitureFittingsToolsEquipment 2023-09-30 12909676 core:MotorVehicles 2023-09-30 12909676 bus:Director1 1 2022-10-01 2023-09-30 12909676 bus:Director2 1 2022-10-01 2023-09-30 12909676 bus:Director1 1 2022-09-30 12909676 bus:Director2 1 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12909676

Moorlander Consulting Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 September 2024

 

Moorlander Consulting Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 10

 

Moorlander Consulting Limited

Company Information

Directors

Mr Damien Coles

Mrs Sarah Azra Coles

Registered office

Alberoni
Higher Broad Oak Road
West Hill
Ottery St Mary
Devon
EX11 1XJ

Accountants

Easterbrook Eaton Limited
Chartered AccountantsEasterbrook Eaton Limited
Old Fore Street
Sidmouth Devon
EX10 8LS

 

Moorlander Consulting Limited

(Registration number: 12909676)
Abridged Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

38,526

50,865

Investment property

1,432,445

1,032,454

Investments

5

1

-

Other financial assets

6

275,265

306,552

 

1,746,237

1,389,871

Current assets

 

Debtors

17,567

28,160

Cash at bank and in hand

 

8,217

160,641

 

25,784

188,801

Prepayments and accrued income

 

633

612

Creditors: Amounts falling due within one year

(1,095,418)

(1,005,015)

Net current liabilities

 

(1,069,001)

(815,602)

Total assets less current liabilities

 

677,236

574,269

Accruals and deferred income

 

(3,870)

(4,392)

Net assets

 

673,366

569,877

Capital and reserves

 

Called up share capital

7

2

2

Retained earnings

673,364

569,875

Shareholders' funds

 

673,366

569,877

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 June 2025 and signed on its behalf by:
 

 

Moorlander Consulting Limited

(Registration number: 12909676)
Abridged Balance Sheet as at 30 September 2024

.........................................
Mr Damien Coles
Director

.........................................
Mrs Sarah Azra Coles
Director

 

Moorlander Consulting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Alberoni
Higher Broad Oak Road
West Hill
Ottery St Mary
Devon
EX11 1XJ

These financial statements were authorised for issue by the Board on 19 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Moorlander Consulting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

50% reducing balance basis

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Moorlander Consulting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 5).

 

Moorlander Consulting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

3,423

65,990

69,413

Additions

1,442

-

1,442

At 30 September 2024

4,865

65,990

70,855

Depreciation

At 1 October 2023

2,050

16,498

18,548

Charge for the year

1,408

12,373

13,781

At 30 September 2024

3,458

28,871

32,329

Carrying amount

At 30 September 2024

1,407

37,119

38,526

At 30 September 2023

1,373

49,492

50,865

Investment properties

2024
£

At 1 October

1,032,454

Additions

399,991

At 30 September

1,432,445

Ownership of Flat 30, 20 Regent Street, Plymouth was transferred to Moorlander Consulting Ltd at market value provided by a professional valuer at 19/4/21.
Flat 4, Barton House, Sidmouth is recognised in the accounts at purchase cost. The purchase took place in May 2021.
Visage House, 17 Magdalen Road, Exeter is recognised in the accounts at purchase cost. The purchase took place in August 2022.
19 Kings Square, Taunton, TA1 3FN is recognised in the accounts at purchase cost. The purchase took place in September 2024.

5

Investments

 

Moorlander Consulting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Total
£

Cost or valuation

Additions

1

Provision

Carrying amount

At 30 September 2024

1

2024
£

2023
£

6

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 October 2023

306,552

306,552

Additions

7,814

7,814

Disposals

(39,101)

(39,101)

At 30 September 2024

275,265

275,265

Impairment

Carrying amount

At 30 September 2024

275,265

275,265

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2

       

8

Related party transactions

 

Moorlander Consulting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Transactions with directors

2024

At 1 October 2023
£

Other payments made to company by director
£

At 30 September 2024
£

Mr Damien Coles

481,120

48,147

529,267

Mrs Sarah Azra Coles

481,119

48,148

529,267

2023

At 1 October 2022
£

Other payments made to company by director
£

At 30 September 2023
£

Mr Damien Coles

480,004

1,116

481,120

Mrs Sarah Azra Coles

480,003

1,116

481,119

 

Moorlander Consulting Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

2024
£

2023
£

Remuneration

22,683

10,000

Contributions paid to money purchase schemes

120,000

100,000

142,683

110,000

Summary of transactions with subsidiaries

Moorlander Services Limited

Loans to related parties

2024

Subsidiary
£

Total
£

Advanced

50

50

Repaid

(1)

(1)

At end of period

49

49