Morph Design Creatives Limited

Registered number

07110209

Unaudited Filleted Accounts

31 December 2024

Morph Design Creatives Limited
Registered number:		07110209
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		1,454			1,458

Current assets
Debtors	4	22,488			21,798
Cash at bank and in hand		40,717			33,306
		63,205			55,104

Creditors: amounts falling due within one year	5	(19,258)			(22,490)

Net current assets			43,947			32,614

Total assets less current liabilities			45,401			34,072


Provisions for liabilities			(277)			(277)


Net assets			45,124			33,795

Capital and reserves
Called up share capital			100			100
Profit and loss account			45,024			33,695

Shareholders' funds			45,124			33,795

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr S Simmons
Director
Approved by the board on 25 September 2025

Morph Design Creatives Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts have been prepared on a going concern basis based on the continuing support of the directors.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				2,969
	Additions				232
	At 31 December 2024				3,201

	Depreciation
	At 1 January 2024				1,511
	Charge for the year				236
	At 31 December 2024				1,747

	Net book value
	At 31 December 2024				1,454
	At 31 December 2023				1,458


4	Debtors		2024		2023
£				£

	Trade debtors		18,208		17,598
	Other debtors		4,280		4,200
			22,488		21,798



5	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors		4,200		7,944
	Taxation and social security costs		10,543		9,787
	Other creditors		4,515		4,759
			19,258		22,490


6	Other information

	Morph Design Creatives Limited is a private company limited by shares and incorporated in England. Its registered office is:
	15 Tyttenhanger Green
	St Albans
	Hertfordshire
	AL4 0RN