REGISTERED NUMBER: 08927858 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Morris Build For Life Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S R Morris

R P Morris

P J Morris

Mrs E J Friend

Mrs R H Cook

Mrs J C Morris

SECRETARY:

REGISTERED OFFICE:

Ty Hermon

Llanrug

Caernarfon

Gwynedd

LL55 4AG

REGISTERED NUMBER:

08927858 (England and Wales)

ACCOUNTANTS:

A.Hughes-Jones, Dyson & Co.

Capel Moreia

South Penrallt

Caernarfon

Gwynedd

LL55 1NS

FIXED ASSETS

Tangible assets

4

25,093

29,688

Investment property

5

147,226

-

172,319

29,688

CURRENT ASSETS

Stocks

217,590

331,125

Debtors

6

32,965

148,845

Cash at bank

68,525

70,385

319,080

550,355

CREDITORS

Amounts falling due within one year

7

309,352

360,001

NET CURRENT ASSETS

9,728

190,354

TOTAL ASSETS LESS CURRENT LIABILITIES

182,047

220,042

PROVISIONS FOR LIABILITIES

4,767

5,640

NET ASSETS

177,280

214,402

CAPITAL AND RESERVES

Called up share capital

5

6

Capital redemption reserve

1

-

Retained earnings

177,274

214,396

SHAREHOLDERS' FUNDS

177,280

214,402

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st August 2025 and were signed on its behalf by:

S R Morris - Director

1.	STATUTORY INFORMATION

Morris Build For Life 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.

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 etc

-

25% on reducing balance and 20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

77,354

Additions

2,249

At 31st March 2025

79,603

DEPRECIATION

At 1st April 2024

47,666

Charge for year

6,844

At 31st March 2025

54,510

NET BOOK VALUE

At 31st March 2025

25,093

At 31st March 2024

29,688

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

147,226

At 31st March 2025

147,226

NET BOOK VALUE

At 31st March 2025

147,226

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

32,965

148,845

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

2,113

5,797

Taxation and social security

15,558

28,159

Other creditors

291,681

326,045

309,352

360,001