Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07285996 2024-01-01 2024-12-31 07285996 2023-01-01 2023-12-31 07285996 2024-12-31 07285996 2023-12-31 07285996 c:Director1 2024-01-01 2024-12-31 07285996 d:Goodwill 2024-12-31 07285996 d:Goodwill 2023-12-31 07285996 d:FreeholdInvestmentProperty 2024-12-31 07285996 d:FreeholdInvestmentProperty 2023-12-31 07285996 d:CurrentFinancialInstruments 2024-12-31 07285996 d:CurrentFinancialInstruments 2023-12-31 07285996 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07285996 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07285996 d:ShareCapital 2024-12-31 07285996 d:ShareCapital 2023-12-31 07285996 d:RetainedEarningsAccumulatedLosses 2024-12-31 07285996 d:RetainedEarningsAccumulatedLosses 2023-12-31 07285996 c:OrdinaryShareClass1 2024-01-01 2024-12-31 07285996 c:OrdinaryShareClass1 2024-12-31 07285996 c:OrdinaryShareClass1 2023-12-31 07285996 c:FRS102 2024-01-01 2024-12-31 07285996 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07285996 c:FullAccounts 2024-01-01 2024-12-31 07285996 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07285996 6 2024-01-01 2024-12-31 07285996 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07285996










JOHN MORRISH LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
JOHN MORRISH LIMITED
REGISTERED NUMBER: 07285996

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
3,367,057
3,128,828

Investment property
 6 
71,091
71,091

  
3,438,148
3,199,919

Current assets
  

Cash at bank and in hand
 7 
46,833
2,331

  
46,833
2,331

Creditors: amounts falling due within one year
 8 
(169,199)
(235,514)

Net current liabilities
  
 
 
(122,366)
 
 
(233,183)

Total assets less current liabilities
  
3,315,782
2,966,736

  

Net assets
  
3,315,782
2,966,736


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
3,315,682
2,966,636

  
3,315,782
2,966,736


Page 1

 
JOHN MORRISH LIMITED
REGISTERED NUMBER: 07285996
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr J Morrish
Director

Date: 26 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
JOHN MORRISH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

John Morrish Limited, 07285996, is a private limited company, limited by shares, incorporated in England and Wales, with a registered office address and principal place of business at Unit 83 Mochdre Industrial Estate, Newtown, Powys, SY16 4LE

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Turnover comprises revenue recognised by the company in respect of its share of profits and losses from its investment in Innova Mill.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

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 no further payment obligations.

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

Page 3

 
JOHN MORRISH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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


 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
JOHN MORRISH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Intangible assets




Goodwill

£



Cost


At 1 January 2024
400,000



At 31 December 2024

400,000



Amortisation


At 1 January 2024
400,000



At 31 December 2024

400,000



Net book value



At 31 December 2024
-



At 31 December 2023
-




5.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 January 2024
219,500
2,909,328
3,128,828


Additions
-
668,369
668,369


Disposals
-
(430,140)
(430,140)



At 31 December 2024
219,500
3,147,557
3,367,057




Page 5

 
JOHN MORRISH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
71,091



At 31 December 2024
71,091

The 2024 valuations were made by the director, on an open market value for existing use basis.



At 31 December 2024



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
71,091
71,091

71,091
71,091


7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
46,833
2,331

46,833
2,331


Page 6

 
JOHN MORRISH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
100
100

Taxation and social security
110,392
78,646

Other creditors
58,707
156,768

169,199
235,514


HSBC Bank Plc hold a general pledge, including a fixed and floating charge, over the entity and its undertaking.
HSBC Invoice Finance (UK) Ltd hold a floating charge over all the property and the undertaking of the company.


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100


 
Page 7