REGISTERED NUMBER: 09647161 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

MORNINGSTAR LEGAL SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S G Milne

REGISTERED OFFICE:

Scotland Farmhouse

Clay Bank

Hook Norton

Banbury

OX15 5PA

REGISTERED NUMBER:

09647161 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

7,558

2,450

CURRENT ASSETS

Debtors

5

188,665

214,954

Cash at bank

177,680

196,633

366,345

411,587

CREDITORS

Amounts falling due within one year

6

95,709

146,927

NET CURRENT ASSETS

270,636

264,660

TOTAL ASSETS LESS CURRENT LIABILITIES

278,194

267,110

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

278,190

267,106

SHAREHOLDERS' FUNDS

278,194

267,110

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

S G Milne - Director

1.	STATUTORY INFORMATION

Morningstar Legal Services 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.

Office equipment

-

25% on reducing balance

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.

Going concern

The company has cash resources and has no requirement for external funding. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

Cost

At 1 April 2024

7,975

Additions

6,823

At 31 March 2025

14,798

Depreciation

At 1 April 2024

5,525

Charge for year

1,715

At 31 March 2025

7,240

Net book value

At 31 March 2025

7,558

At 31 March 2024

2,450

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

136,654

189,409

Amounts owed by group undertakings

5,947

7,500

Other debtors

46,064

18,045

188,665

214,954

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,507

7,975

Amounts owed to group undertakings

9,640

9,640

Taxation and social security

75,194

83,356

Other creditors

3,368

45,956

95,709

146,927

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

9,216

9,216

Between one and five years

1,536

10,752

10,752

19,968

8.	RELATED PARTY DISCLOSURES

Included in debtors: amounts falling due within one year is a director's loan account of £19,335 (2024: £NIL). The account is unsecured, accrues interest at HM Revenue & Customs ("HMRC") rates. Included in creditors: amounts falling due within one year is director's loan account of £NIL (2024: £42,074)