1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 66,227 14,401 80,628 80,628 66,227 xbrli:pure xbrli:shares iso4217:GBP 14541226 2024-04-01 2025-03-31 14541226 2025-03-31 14541226 2024-03-31 14541226 2022-12-14 2024-03-31 14541226 2024-03-31 14541226 2022-12-13 14541226 bus:Director1 2024-04-01 2025-03-31 14541226 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14541226 core:WithinOneYear 2025-03-31 14541226 core:WithinOneYear 2024-03-31 14541226 core:ShareCapital 2025-03-31 14541226 core:ShareCapital 2024-03-31 14541226 core:RetainedEarningsAccumulatedLosses 2025-03-31 14541226 core:RetainedEarningsAccumulatedLosses 2024-03-31 14541226 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 14541226 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 14541226 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 14541226 bus:SmallEntities 2024-04-01 2025-03-31 14541226 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14541226 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14541226 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14541226 bus:FullAccounts 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: 14541226

Morland-Bainbridge-Nixon Limited

Filleted Unaudited Financial Statements

31 March 2025

Morland-Bainbridge-Nixon Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 80,628 | 66,227

Current assets

Debtors | 6 | 132 | –
Cash at bank and in hand | 3,469 | 1,105
| ------- | -------
| 3,601 | 1,105

Creditors: amounts falling due within one year | 7 | ( 32,346) | ( 16,106)
| -------- | --------
Net current liabilities | ( 28,745) | ( 15,001)
| -------- | --------
Total assets less current liabilities | 51,883 | 51,226
| -------- | --------
Net assets | 51,883 | 51,226
| -------- | --------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 51,783 | 51,126
| -------- | --------
Shareholders funds | 51,883 | 51,226
| -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Morland-Bainbridge-Nixon Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 28 October 2025 , and are signed on behalf of the board by:

R H Nixon
Director

Company registration number: 14541226

Morland-Bainbridge-Nixon Limited

Notes to the Financial Statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 Uplands Road, Darlington, DL3 7SZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Staff costs
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
The company had no employees during the year.
5. Tangible assets

| Freehold property
| £
Cost |
At 1 April 2024 | 66,227
Additions | 14,401
| --------
At 31 March 2025 | 80,628
| --------
Depreciation |
At 1 April 2024 and 31 March 2025 | –
| --------
Carrying amount |
At 31 March 2025 | 80,628
| --------
At 31 March 2024 | 66,227
| --------

Included within the above is investment property as follows:

| £
At 1 April 2024 | 66,227
Additions | 14,401
| --------
At 31 March 2025 | 80,628
| --------

6. Debtors

| 2025 | 2024
| £ | £
Other debtors | 132 | –
| ---- | ----

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Other creditors | 32,346 | 16,106
| -------- | --------

8. Controlling party
The company is controlled by the directors who own 100% of the shares.