REGISTERED NUMBER: 08103547 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MOROY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Alexander Defries

REGISTERED OFFICE:

Defries Weiss

C/O Simmons Gainsford

14th Floor

33 Cavendish Square

London

W1G 0PW

REGISTERED NUMBER:

08103547 (England and Wales)

ACCOUNTANTS:

Defries Weiss (Accountants) Limited

C/O Simmons Gainsford

14th Floor

33 Cavendish Square

London

W1G 0PW

FIXED ASSETS

Tangible assets

4

2,741

3,247

CURRENT ASSETS

Debtors

5

19,229

36,507

Cash at bank

10,393

13,058

29,622

49,565

CREDITORS

Amounts falling due within one year

6

25,034

35,561

NET CURRENT ASSETS

4,588

14,004

TOTAL ASSETS LESS CURRENT LIABILITIES

7,329

17,251

CREDITORS

Amounts falling due after more than one year

7

(6,739

)

(13,930

)

PROVISIONS FOR LIABILITIES

(585

)

(711

)

NET ASSETS

5

2,610

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3

2,608

SHAREHOLDERS' FUNDS

5

2,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2025 and were signed by:

Alexander Defries - Director

1.	STATUTORY INFORMATION

Moroy 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.

2.	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 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.

Plant and machinery

25% on reducing balance

Fixtures and fittings

25% on reducing balance

Computer equipment

25% on reducing balance

Improvements to property

25% on reducing balance

Financial instruments

Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

15,231

DEPRECIATION

At 1 January 2024

11,984

Charge for year

506

At 31 December 2024

12,490

NET BOOK VALUE

At 31 December 2024

2,741

At 31 December 2023

3,247

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Amount owed by related party

3,655

3,655

Other debtors

9,528

26,806

13,183

30,461

Amounts falling due after more than one year:

Other debtors

6,046

6,046

Aggregate amounts

19,229

36,507

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

7,191

7,015

Trade creditors

1,782

10,191

Taxation and social security

14,548

16,346

Other creditors

1,513

2,009

25,034

35,561

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

6,739

13,930

31.12.24

31.12.23

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

8

8.	OPERATING LEASE COMMITMENTS

At the balance sheet date the company was committed to operating lease payments of £nil (2023: £5,000) for the rental of premises under a lease which expired in June 2024.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the director Alexander Defries owed £5,406 (2023: £17,409) to the company. The maximum owed by Mr Defries at any time during the year was £5,406 (2023: £17,409). No interest is charged on overdrawn directors' current account balances.