B. Morland & Co. Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00410570

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		307,515		308,690

			307,515		308,690
CURRENT ASSETS
Stocks	5	224,285		255,594
Debtors	6	12,172		16,622
Cash at bank and in hand		234,866		240,018

		471,323		512,234
Creditors: Amounts Falling Due Within One Year	7	(323,296 )		(337,388 )

NET CURRENT ASSETS (LIABILITIES)			148,027		174,846

TOTAL ASSETS LESS CURRENT LIABILITIES			455,542		483,536

Creditors: Amounts Falling Due After More Than One Year	8		(23,522 )		(48,135 )

NET ASSETS			432,020		435,401

CAPITAL AND RESERVES
Called up share capital	9		6,000		6,000
Other reserves			2,775		2,775
Revaluation reserve			264,576		264,576
Profit and Loss Account			158,669		162,050

SHAREHOLDERS' FUNDS			432,020		435,401

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B. Morland & Co. Limited

Balance Sheet (continued)

As At 31 December 2024

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

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

D S Clay

Director

3 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

B. Morland & Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00410570 . The registered office is 21, High Court Lane,, Leeds, West Yorkshire, LS2 7EU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Nil
Furniture & Fittings	17.50% reducing balance
Office Equipment	25.00% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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B. Morland & Co. Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 6)

4. Tangible Assets

	Land & Property
	Freehold	Furniture & Fittings	Office Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	301,940	31,130	15,005	348,075
Additions	-	242	112	354

As at 31 December 2024	301,940	31,372	15,117	348,429

Depreciation
As at 1 January 2024	-	28,087	11,298	39,385
Provided during the period	-	575	954	1,529

As at 31 December 2024	-	28,662	12,252	40,914

Net Book Value
As at 31 December 2024	301,940	2,710	2,865	307,515

As at 1 January 2024	301,940	3,043	3,707	308,690

5. Stocks

	2024	2023
	£	£
Stock	224,285	255,594

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	3,034	-
Other debtors	9,138	16,622

	12,172	16,622

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	143,217	155,093
Bank loans and overdrafts	23,500	23,500
Other creditors	131,976	135,946
Taxation and social security	24,603	22,849

	323,296	337,388

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B. Morland & Co. Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	23,522	48,135

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	6,000	6,000

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