Morris Investments (Cambridge) Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 09992420 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MORRIS INVESTMENTS (CAMBRIDGE) LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T T Morris

G J Morris

REGISTERED OFFICE:

Bramley Barn

69A Station Road

Over

Cambridge

Cambridgeshire

CB24 5NL

REGISTERED NUMBER:

09992420 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

1,771

-

Investment property

6

9,465,000

9,466,771

9,465,000

CURRENT ASSETS

Debtors

7

21,134

6,555

Cash and cash equivalents

176,497

48,130

197,631

54,685

CREDITORS

Amounts falling due within one year

8

(1,133,329

)

(1,136,752

)

NET CURRENT LIABILITIES

(935,698

)

(1,082,067

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,531,073

8,382,933

CREDITORS

Amounts falling due after more than one
year

9

(2,540,595

)

(2,535,874

)

PROVISIONS FOR LIABILITIES

12

(240,920

)

(240,477

)

NET ASSETS

5,749,558

5,606,582

CAPITAL AND RESERVES

Called up share capital

13

4,220,453

Retained earnings

1,529,105

1,386,129

SHAREHOLDERS' FUNDS

5,749,558

5,606,582

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

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

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

G J Morris - Director

1.	STATUTORY INFORMATION

Morris Investments (Cambridge) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is derived from the provision of residential accomodation and represents rental income receivable. This company is not registered for value added tax.

Tangible fixed assets

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

Investment property

Investment property is measured at cost on initial recognition and then fair value at each reporting date. Fair value gains and losses are recognised in profit and loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation

Deferred tax is recognised in respect of all material 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

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,361

At 31 March 2025

2,361

DEPRECIATION

Charge for year

590

At 31 March 2025

590

NET BOOK VALUE

At 31 March 2025

1,771

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

9,465,000

NET BOOK VALUE

At 31 March 2025

9,465,000

At 31 March 2024

9,465,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2018

215,077

Valuation in 2019

462,329

Valuation in 2020

(60,000

)

Valuation in 2021

269,504

Valuation in 2022

70,000

Valuation in 2024

5,000

Cost

8,503,090

9,465,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

8,503,090

Investment property was valued on a fair value basis on 31 March 2024 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

325

261

Other debtors

20,809

6,294

21,134

6,555

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 10)

-

49,721

Trade creditors

10,463

1,749

Taxation and social security

78,582

80,747

Other creditors

1,044,284

1,004,535

1,133,329

1,136,752

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans (see note 10)

1,285,595

1,280,874

Other creditors

1,255,000

2,540,595

2,535,874

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgages more 5 yrs non-inst

1,070,595

1,032,226

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

-

49,721

Amounts falling due between two and five years:

Bank loans - 2-5 years

215,000

248,648

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgages more 5 yrs non-inst

1,070,595

1,032,226

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

1,285,595

1,330,595

Mortgages are secured by a fixed charge over the investment properties specified within the Registration of Charge.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

240,920

240,477

Deferred

tax

£

Balance at 1 April 2024

240,477

Provided during year

443

Effect of change in tax rate

Balance at 31 March 2025

240,920

Deferred tax is recognised in respect of the fair value gains on investment property shown within note 4 of the financial statements.

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

405,163,200

Ordinary A

1p

4,051,633

4,220,450

Ordinary B

1p

42,205

4,220,450

Ordinary C

1p

42,205

4,220,450

Ordinary D

1p

42,205

4,220,450

Ordinary E

1p

42,205

4,220,453

14.	RELATED PARTY DISCLOSURES

A director loaned the company £1,255,000 (2024: £1,255,000) on an interest free basis. This balance is repayable on a rolling 53 week basis and is disclosed within creditors due in more than one year.

A further £919,610 (2024:£1,475,013) is due to the directors which is interest free and repayable on demand.