REGISTERED NUMBER: 08073129 (England and Wales)

MORPHIA DESIGNS UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss C Hood

Mr L Kassira

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

08073129 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Property, plant and equipment

4

686

165

CURRENT ASSETS

Cash at bank and in hand

170,960

166,067

CREDITORS

Amounts falling due within one year

5

111,959

116,535

NET CURRENT ASSETS

59,001

49,532

TOTAL ASSETS LESS CURRENT LIABILITIES

59,687

49,697

PROVISIONS FOR LIABILITIES

6

161

41

NET ASSETS

59,526

49,656

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

59,426

49,556

SHAREHOLDERS' FUNDS

59,526

49,656

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 31 October 2025 and were signed on its behalf by:

Mr L Kassira - Director

1.	STATUTORY INFORMATION

Morphia Designs UK 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 represents net invoiced sales of services, excluding value added tax. Turnover is recognised when the invoice is raised.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

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 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 June 2024

754

Additions

750

At 31 May 2025

1,504

DEPRECIATION

At 1 June 2024

589

Charge for year

229

At 31 May 2025

818

NET BOOK VALUE

At 31 May 2025

686

At 31 May 2024

165

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Shareholders' loans

-

27,712

Tax

11,565

16,531

Social security and other taxes

323

308

VAT

4,234

4,610

Directors' current accounts

94,797

66,374

Accrued expenses

1,040

1,000

111,959

116,535

6.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

161

41

Deferred

tax

£

Balance at 1 June 2024

41

Provided during year

120

Accelerated allowances

Balance at 31 May 2025

161

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 June 2024

49,556

Profit for the year

46,370

Dividends

(36,500

)

At 31 May 2025

59,426

9.	ULTIMATE CONTROLLING PARTY

Mr L Kassira, the director, controls the company as a result of holding 51 per cent of the issued ordinary share capital.