| Morris Inglis & Associates Limited |
| Registered Number:03324352 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
Morris Inglis & Associates Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
17,328
28,803
2
17,328
28,803
| Trade and other receivables |
647,343
1,002,585
3
1,090,129
| Cash and cash equivalents |
1,386,694
2,389,279
1,737,472
| Trade and other payables: amounts falling due within one |
| year |
(658,426)
(971,225)
4
1,079,046
1,418,054
Net current assets
| Total assets less current liabilities |
1,435,382
1,107,849
1,435,382
Net assets
1,107,849
100
100
1,435,282
1,107,749
1,435,382
1,107,849
Shareholders' funds
| For the year ended 31 December 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 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their 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. |
| These financial statements were approved and authorised for issue by the Board on 22 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
Morris Inglis & Associates Limited
Notes to the Financial Statements
Statutory Information
| Morris Inglis & Associates Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 03324352. |
10 Foxton Close
Alrewas
Burton On Trent
DE13 7FE
| The presentation currency is £ sterling. |
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. |
Property, plant and equipment
| Tangible fixed assets, 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: |
Computer equipment
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 December 2024
Morris Inglis & Associates Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
79,998
27,870
52,128
5,566
5,566
-
(14,004)
-
(14,004)
52,128
19,432
71,560
| Provision for depreciation and impairment |
51,195
24,045
27,150
Charge for year
17,041
4,009
13,032
(14,004)
(14,004)
-
54,232
14,050
40,182
11,946
5,382
17,328
24,978
3,825
28,803
| 3. Trade and other receivables |
2023
2024
624,087
327,300
378,498
320,043
647,343
1,002,585
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
685,392
446,361
| Taxation and social security |
232,786
142,633
53,047
69,432
971,225
658,426
| 5. Average number of persons employed |
During the year the average number of employees was 6 (2023 : 4)
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