REGISTERED NUMBER: 02744253 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 24 December 2024

for

Morshead Mansions Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

U Bawany

A Vulcano

SECRETARY:

REGISTERED OFFICE:

341 Garratt Lane

Wandsworth

London

SW18 4DX

REGISTERED NUMBER:

02744253 (England and Wales)

ACCOUNTANTS:

MSS Accountancy Services Ltd

341 Garratt Lane

Wandsworth

London

SW18 4DX

The directors present their report with the financial statements of the company for the year ended 24 December 2024.

DIRECTORS

The directors who have held office during the period from 25 December 2023 to the date of this report are as follows:

U Bawany - appointed 3 December 2024

D L Wismayer - resigned 3 December 2024

A Vulcano - appointed 3 December 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

U Bawany - Director

18 September 2025

TURNOVER

-

-

OPERATING PROFIT and

PROFIT BEFORE TAXATION

-

-

Tax on profit

-

-

PROFIT FOR THE FINANCIAL YEAR

-

-

FIXED ASSETS

Tangible assets

4

42,446

42,446

CURRENT ASSETS

Debtors

5

217,642

526,853

Cash at bank

203,888

200,022

421,530

726,875

CREDITORS

Amounts falling due within one year

6

401,982

707,057

NET CURRENT ASSETS

19,548

19,818

TOTAL ASSETS LESS CURRENT LIABILITIES

61,994

62,264

CAPITAL AND RESERVES

Called up share capital

104

104

Share premium

55,153

55,153

Retained earnings

6,737

7,007

61,994

62,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 December 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

U Bawany - Director

1.	STATUTORY INFORMATION

Morshead Mansions 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 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.

Tangible fixed assets

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

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 3 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 25 December 2023

and 24 December 2024

42,446

NET BOOK VALUE

At 24 December 2024

42,446

At 24 December 2023

42,446

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.12.24

24.12.23

£

£

Other debtors

217,642

526,853

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.12.24

24.12.23

£

£

Trade creditors

-

485,057

Other creditors

401,982

222,000

401,982

707,057