A MORRISSEY & ASSOCIATES LIMITED

Company Registration Number:
13684902 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

A MORRISSEY & ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

A MORRISSEY & ASSOCIATES LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 97,399 50,198
Total fixed assets: 97,399 50,198
Current assets
Debtors:   267,880 205,649
Cash at bank and in hand: 115,150 17,563
Total current assets: 383,030 223,212
Creditors: amounts falling due within one year:   (138,859) (99,675)
Net current assets (liabilities): 244,171 123,537
Total assets less current liabilities: 341,570 173,735
Creditors: amounts falling due after more than one year:   (96,081) (44,718)
Total net assets (liabilities): 245,489 129,017
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 245,389 128,917
Shareholders funds: 245,489 129,017

The notes form part of these financial statements

A MORRISSEY & ASSOCIATES LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 June 2025
and signed on behalf of the board by:

Name: Alexander Morrissey
Status: Director

The notes form part of these financial statements

A MORRISSEY & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover consists of the invoiced value (excluding VAT) receivable by the company in the ordinary course of business for goods supplied and for services supplied as a principal

Tangible fixed assets and depreciation policy

Depreciation is calculated to write off the cost, less estimated residual values, of tangible fixed assets over their estimated useful lives to the business. Where there is evidence of impairment, fixed assets are written down to receivable amount. Any such write down would be charged to operating . Motor Vehicles 25% Reducing Balance Office Equipment, Fixtures & Fittings 25% Reducing Balance

Other accounting policies

Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments. Pension Costs Contributions in respect of the company's defined contribution pension scheme are charged to profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid are shown as either accruals or prepayments at the year end.

A MORRISSEY & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 8 9

A MORRISSEY & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 84,492
Additions 81,224
At 31 October 2024 165,716
Depreciation
At 01 November 2023 34,294
Charge for year 34,023
At 31 October 2024 68,317
Net book value
At 31 October 2024 97,399
At 31 October 2023 50,198

A MORRISSEY & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Loans to directors

Name of director receiving advance or credit: A Morrissey
Description of the loan: Loan
£
Balance at 01 November 2023 46,441
Advances or credits made: 106,612
Advances or credits repaid: 46,441
Balance at 31 October 2024 106,612

A MORRISSEY & ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Related party transactions

Name of the related party:
Relationship:
Shareholder
Description of the Transaction: Sales
£
Balance at 01 November 2023 0
Balance at 31 October 2024 0
Name of the related party:
Relationship:
Shareholder
Description of the Transaction: Purchases
£
Balance at 01 November 2023 7,200
Balance at 31 October 2024 0