Murgatroyd of Harrogate Ltd 31/03/2025 iXBRL

Company registration number: 11861957

Murgatroyd of Harrogate Ltd

Unaudited filleted financial statements

31 March 2025

Murgatroyd of Harrogate Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Murgatroyd of Harrogate Ltd

Directors and other information


	Directors
		Mr J H Murgatroyd
		Ms E C Petty


	Company number	11861957


	Registered office	Rudgate
		Thorp Arch
		Wetherby
		West Yorkshire
		LS23 7AU


	Business address	Rudgate
		Thorp Arch
		Wetherby
		West Yorkshire
		LS23 7AU


	Accountants	The Barker Partnership
		24 High Street
		Pateley Bridge
		Harrogate
		HG3 5JU

Murgatroyd of Harrogate Ltd

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Murgatroyd of Harrogate Ltd

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Murgatroyd of Harrogate Ltd for the year ended 31 March 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Murgatroyd of Harrogate Ltd, as a body, in accordance with the terms of our engagement letter dated 30 January 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Murgatroyd of Harrogate Ltd and state those matters that we have agreed to state to the board of directors of Murgatroyd of Harrogate Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Murgatroyd of Harrogate Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Murgatroyd of Harrogate Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Murgatroyd of Harrogate Ltd. You consider that Murgatroyd of Harrogate Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Murgatroyd of Harrogate Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Barker Partnership

Chartered Accountants

24 High Street

Pateley Bridge

Harrogate

HG3 5JU

12 November 2025

Murgatroyd of Harrogate Ltd

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	1,158		2,020
Tangible assets	6	159,218		172,258
		_______		_______
			160,376		174,278

Current assets
Stocks		4,500		4,500
Debtors	7	81,623		179,642
Cash at bank and in hand		58,874		95,650
		_______		_______
		144,997		279,792
Creditors: amounts falling due
within one year	8	( 281,160)		( 364,108)
		_______		_______
Net current liabilities			( 136,163)		( 84,316)
			_______		_______
Total assets less current liabilities			24,213		89,962

Creditors: amounts falling due
after more than one year	9		( 4,339)		( 14,049)

Provisions for liabilities			( 6,225)		( 26,009)

			_______		_______
Net assets			13,649		49,904
			_______		_______

Capital and reserves
Called up share capital			8		8
Profit and loss account			13,641		49,896
			_______		_______
Shareholders funds			13,649		49,904
			_______		_______

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.

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 income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 12 November 2025 , and are signed on behalf of the board by:

Mr J H Murgatroyd Ms E C Petty

Director Director

Company registration number: 11861957

Murgatroyd of Harrogate Ltd

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 Rudgate, Thorp Arch, Wetherby, West Yorkshire, LS23 7AU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses .

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	5 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	10 %	reducing balance
Fittings fixtures and equipment	-	10 %	reducing balance
Motor vehicles	-	15 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 6 ).

5. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	4,310	4,310
	_______	_______
Amortisation
At 1 April 2024	2,290	2,290
Charge for the year	862	862
	_______	_______
At 31 March 2025	3,152	3,152
	_______	_______
Carrying amount
At 31 March 2025	1,158	1,158
	_______	_______
At 31 March 2024	2,020	2,020
	_______	_______

6. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024	17,768	204,346	222,114
Additions	16,239	44,020	60,259
Disposals	-	( 49,000)	( 49,000)
	_______	_______	_______
At 31 March 2025	34,007	199,366	233,373
	_______	_______	_______
Depreciation
At 1 April 2024	1,896	47,960	49,856
Charge for the year	3,211	24,388	27,599
Disposals	-	( 3,300)	( 3,300)
	_______	_______	_______
At 31 March 2025	5,107	69,048	74,155
	_______	_______	_______
Carrying amount
At 31 March 2025	28,900	130,318	159,218
	_______	_______	_______
At 31 March 2024	15,872	156,386	172,258
	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	22,894	177,913
Other debtors	58,729	1,729
	_______	_______
	81,623	179,642
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	63,458	30,376
Trade creditors	168,717	244,248
Social security and other taxes	9,310	2,528
Other creditors	39,675	86,956
	_______	_______
	281,160	364,108
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	4,339	14,049
	_______	_______