REGISTERED NUMBER: 15549988 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

9TH MARCH 2024 TO 31ST MARCH 2025

FOR

MISS J L MORAN & MR J R CARR LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss J L Moran

J R Carr

REGISTERED OFFICE:

Pikeber Farm Wigglesworth

Near Settle

North Yorkshire

BD23 4RR

REGISTERED NUMBER:

15549988 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

4,270

CURRENT ASSETS

Stocks

9,500

Debtors

864

Cash at bank

12,006

22,370

CREDITORS

Amounts falling due within one year

28,254

NET CURRENT LIABILITIES

(5,884

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,614

)

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

(1,616

)

SHAREHOLDERS' FUNDS

(1,614

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 30th November 2025 and were signed on its behalf by:

J R Carr - Director

1.	STATUTORY INFORMATION

Miss J L Moran & Mr J R Carr Ltd 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.

Plant and machinery

-

25% on reducing balance

Government grants

Government grants are recognised in accordance with Section 24 of FRS 102. Grants are recognised only when there is reasonable assurance that the entity will comply with the conditions attaching to them and that the grants will be received.

Revenue-based grants are recognised in the profit and loss account on a systematic basis over the periods in which the related costs are incurred, and are presented as other income or offset against the related expenditure, depending on the nature of the grant.

Capital grants relating to tangible fixed assets are recognised in the profit and loss account over the useful economic life of the relevant asset, with the unamortised portion recognised within deferred income in the balance sheet.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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.

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.

Going concern

The financial statements have been prepared on a going-concern basis. At 31 March 2025, the Company reported net current liabilities of £1,830, reflecting a short-term working capital deficit. Included in current liabilities is a loan balance of £27,194 owed to the Directors.

The Directors have formally confirmed that they do not intend to seek repayment of this loan until the Company has sufficient liquidity and is financially able to do so. This commitment provides the Company with the necessary headroom to meet its obligations as they fall due for a period of at least twelve months from the date of approval of these financial statements.

On this basis, the Directors consider it appropriate to prepare the financial statements on a going-concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

5,260

At 31st March 2025

5,260

DEPRECIATION

Charge for period

990

At 31st March 2025

990

NET BOOK VALUE

At 31st March 2025

4,270

5.	LEASING AGREEMENTS

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

£

Within one year

8,750

Between one and five years

26,250

35,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2

2 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.