Morae Limited

Financial Statements for the Year Ended 30 June 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs D Newell

Mr G Newell

REGISTERED OFFICE:

43 Bedford Road

Henlow

Bedfordshire

SG16 6FB

REGISTERED NUMBER:

04193217 (England and Wales)

ACCOUNTANTS:

Hargreaves Owen Ltd

Chartered Certified Accountants

Red Sky House

Fairclough Hall, Halls Green

Weston

Hertfordshire

SG4 7DP

FIXED ASSETS

Tangible assets

4

2,082

2,845

CURRENT ASSETS

Debtors

5

14,429

12,190

Cash at bank

87,456

64,870

101,885

77,060

CREDITORS

Amounts falling due within one year

6

9,408

5,861

NET CURRENT ASSETS

92,477

71,199

TOTAL ASSETS LESS CURRENT LIABILITIES

94,559

74,044

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

94,459

73,944

94,559

74,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 12 September 2025 and were signed on its behalf by:

Mr G Newell - Director

1.	STATUTORY INFORMATION

Morae 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.

Computer equipment

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2024

5,784

Additions

999

At 30 June 2025

6,783

DEPRECIATION

At 1 July 2024

2,939

Charge for year

1,762

At 30 June 2025

4,701

NET BOOK VALUE

At 30 June 2025

2,082

At 30 June 2024

2,845

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,400

12,150

VAT

29

40

14,429

12,190

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

2,927

-

PAYE

998

829

Net wages

-

3,176

Directors' current accounts

4,733

1,106

Accrued expenses

750

750

9,408

5,861