MORGAN’S DAIRY LIMITED

Company Registration Number:
09690923 (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

MORGAN’S DAIRY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

MORGAN’S DAIRY LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 63,755 127,510
Tangible assets: 4 570,588 560,074
Total fixed assets: 634,343 687,584
Current assets
Stocks: 32,185 23,834
Debtors: 5 581,617 592,356
Cash at bank and in hand: 191,631 143,202
Total current assets: 805,433 759,392
Creditors: amounts falling due within one year: 6 (306,183) (265,541)
Net current assets (liabilities): 499,250 493,851
Total assets less current liabilities: 1,133,593 1,181,435
Creditors: amounts falling due after more than one year: 7 (819,603) (873,641)
Provision for liabilities: (42,963) (40,549)
Total net assets (liabilities): 271,027 267,245
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 270,927 267,145
Shareholders funds: 271,027 267,245

The notes form part of these financial statements

MORGAN’S DAIRY 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 28 July 2025
and signed on behalf of the board by:

Name: Mr G Morgan
Status: Director

The notes form part of these financial statements

MORGAN’S DAIRY 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

Tangible fixed assets and depreciation policy

Freehold land and buildings - Not provided Fixtures and fittings - 25% reducing balance Motor vehicles - 25% reducing balance

Intangible fixed assets and amortisation policy

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

MORGAN’S DAIRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

MORGAN’S DAIRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Intangible Assets

Total
Cost £
At 01 November 2023 637,550
At 31 October 2024 637,550
Amortisation
At 01 November 2023 510,040
Charge for year 63,755
At 31 October 2024 573,795
Net book value
At 31 October 2024 63,755
At 31 October 2023 127,510

MORGAN’S DAIRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible Assets

Total
Cost £
At 01 November 2023 751,220
Additions 34,748
At 31 October 2024 785,968
Depreciation
At 01 November 2023 191,146
Charge for year 24,234
At 31 October 2024 215,380
Net book value
At 31 October 2024 570,588
At 31 October 2023 560,074

MORGAN’S DAIRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

MORGAN’S DAIRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

Bank loans £0 (2023: £5,886) Trade creditors £168,346 (2023: £152,642) Corporation tax £103,969 (2023: £100,915) Other taxation and social security £22,612 (2023: £749) Other creditors £11,256 (2023: £5,349)

MORGAN’S DAIRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Creditors: amounts falling due after more than one year note

Bank Loans and overdrafts £0 (2023: £53,192) Other creditors £819,603 (2023: £820,449)

MORGAN’S DAIRY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

8. Related party transactions

Name of the related party:
Relationship:
Common control
Description of the Transaction: Loan
£
Balance at 01 November 2023 301,584
Balance at 31 October 2024 302,071
Name of the related party:
Relationship:
Common control
Description of the Transaction: Loan
£
Balance at 01 November 2023 820,449
Balance at 31 October 2024 819,603