2023-11-01 11671016 2024-10-31 11671016 2023-11-01 2024-10-31 11671016 2023-10-31 11671016 2022-11-01 2023-10-31 11671016 uk-core:WithinOneYear 2023-10-31 11671016 uk-core:WithinOneYear 2024-10-31 11671016 uk-core:ShareCapital 2024-10-31 11671016 uk-core:ShareCapital 2023-10-31 11671016 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 11671016 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 11671016 uk-bus:Director1 2023-11-01 2024-10-31 11671016 uk-core:Buildings 2023-11-01 2024-10-31 11671016 uk-core:OfficeEquipment 2023-11-01 2024-10-31 11671016 uk-core:OfficeEquipment 2023-10-31 11671016 uk-core:Buildings 2023-10-31 11671016 uk-core:Buildings 2024-10-31 11671016 uk-core:OfficeEquipment 2024-10-31 11671016 uk-core:CostValuation 2023-10-31 11671016 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-10-31 11671016 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-10-31 11671016 uk-core:CostValuation 2024-10-31 11671016 uk-core:Non-currentFinancialInstruments 2024-10-31 11671016 uk-core:Non-currentFinancialInstruments 2023-10-31 iso4217:GBP xbrli:pure 11671016 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 11671016 uk-bus:FRS102 2023-11-01 2024-10-31 11671016 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 11671016 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
MorgzMum Ltd
Registered Number:11671016
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
MorgzMum Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
11671016
As at 31 October 2024
MorgzMum Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
5,805
7,257
2
Financial assets
17,035
17,035
3
22,840
24,292
Current assets
Trade and other receivables
-
179,926
4
194,572
Cash and cash equivalents
2,431
182,357
194,572
Trade and other payables: amounts falling due within one
year
(20,913)
(42,288)
5
173,659
140,069
Net current assets
Total assets less current liabilities
162,909
197,951
-
(900)
Provisions for liabilities
162,909
Net assets
197,051
Capital and reserves
Called up share capital
100
100
Retained earnings
162,809
196,951
162,909
197,051
Shareholders' funds
For the year ended 31 October 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs J Hudson Director
These financial statements were approved and authorised for issue by the Board on 16 July 2025 and were signed by:
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4
Registered Number :
11671016
For the year ended 31 October 2024
MorgzMum Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 October 2024
MorgzMum Ltd
Notes to the Financial Statements
Statutory Information
MorgzMum Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11671016.
Registered address:
Omega Court
368 Cemetery Road
Sheffield
S11 8FT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and
the Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Turnover is recognised on the completion of each large contract assignment or small job, in accordance with the contract terms.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Improvements to Property
20% Reducing balance
20% Reducing balance
Fixtures and Fittings
Inventories
Income on work in progress contracts is recognised by reference to the valuation of time spent on each contract, at the year end. Profit on work in progress contracts is recognised when the outcome of the contracts can be assessed with reasonable certainty, and is that amount which is estimated to fairly reflect the profit arising up to the year end. Profit on work in progress contracts is reflected in the profit and loss account as the difference between the reported turnover, and the related costs.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 the 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 timing differences. 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 future profits.
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6
For the year ended 31 October 2024
MorgzMum Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
Fittings
Improvements
to Property
£
£
£
Cost or
valuation
At 01 November 2023
16,491
12,208
4,283
At 31 October 2024
4,283
12,208
16,491
Provision for depreciation and impairment
At 01 November 2023
9,234
7,379
1,855
Charge for year
1,452
966
486
At 31 October 2024
10,686
8,345
2,341
At 31 October 2024
Net book value
1,942
3,863
5,805
At 31 October 2023
2,428
4,829
7,257
3. Investments held as fixed assets
Other investments
Total
At 01 November 2023
17,035
17,035
Cost
£
£
At 31 October 2024
17,035
17,035
At 31 October 2024
Net book value
17,035
17,035
At 01 November 2023
17,035
17,035
4. Trade and other receivables
2023
2024
£
£
Other debtors
179,926
-
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7
For the year ended 31 October 2024
MorgzMum Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
-
215
Other creditors
42,288
20,698
42,288
20,913
6. Related party transactions
The director is also a shareholder of the company. Dividends paid to Mrs J Hudson, as director and
shareholder of the company, during the year (with the previous year shown in brackets) were £28,000
(£28,500).
The company provided a loan in the year to MCH Diamond Property Ltd, of which Mrs J Hudson is a director.
The loan balance at the end of the year was £179,926 and this balance is shown in "Other Debtors".
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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