REGISTERED NUMBER: 04133776 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MORTON MEADOW LOGISTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C W Morton

C J Morton

REGISTERED OFFICE:

Elland Hall Farm

Elland

West Yorkshire

HX5 0SL

REGISTERED NUMBER:

04133776 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor Offices, Unit A4

Old Power Way

Lowfields Business Park

Elland

HX5 9DE

FIXED ASSETS

Tangible assets

4

377,721

386,499

CURRENT ASSETS

Stocks

34,268

55,091

Debtors

5

263,510

212,910

Cash at bank and in hand

86,459

58,201

384,237

326,202

CREDITORS

Amounts falling due within one year

6

350,105

317,835

NET CURRENT ASSETS

34,132

8,367

TOTAL ASSETS LESS CURRENT LIABILITIES

411,853

394,866

CREDITORS

Amounts falling due after more than one year

7

(136,000

)

(144,000

)

PROVISIONS FOR LIABILITIES

(20,353

)

(18,431

)

NET ASSETS

255,500

232,435

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

255,400

232,335

255,500

232,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2025 and were signed on its behalf by:

C J Morton - Director

1.	STATUTORY INFORMATION

Morton Meadow Logistics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

4% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 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 the timing difference.

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 other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2024 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

443,113

132,012

95,648

670,773

Additions

-

3,922

29,330

33,252

At 31 March 2025

443,113

135,934

124,978

704,025

DEPRECIATION

At 1 April 2024

102,030

105,033

77,211

284,274

Charge for year

17,725

7,334

16,971

42,030

At 31 March 2025

119,755

112,367

94,182

326,304

NET BOOK VALUE

At 31 March 2025

323,358

23,567

30,796

377,721

At 31 March 2024

341,083

26,979

18,437

386,499

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

244,282

194,134

Other debtors

19,228

18,776

263,510

212,910

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

6,262

Trade creditors

41,056

21,198

Amounts owed to group undertakings

176,627

185,819

Taxation and social security

79,861

70,298

Other creditors

52,561

34,258

350,105

317,835

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

136,000

144,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

-

6,262

Bank borrowings are secured by a debenture charge over assets of the company and its parent company.

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £15,463 (2024: £12,304).

10.	RELATED PARTY DISCLOSURES

At the year end the company held an other creditor balance of £176,557 (2024 : £185,819). These balances are in relation to companies in which a director is also a director and majority shareholder. During the year monies were transferred between the companies.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is C.J. Morton & Company Limited.

The ultimate controlling party is Directors.