Registration number: 11108899

Morgan Wrona Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Morgan Wrona Limited

Company Information

Directors

Mr Luke Wrona Mr Christopher Paul Morgan

Registered office

Unit 110 Rivermead Business Park Rivermead Swindon SN5 7EX

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Morgan Wrona Limited

(Registration number: 11108899)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	101,355	30,661
Current assets
Debtors	6	53,256	51,745
Cash at bank and in hand		35,727	31,857
		88,983	83,602
Creditors: Amounts falling due within one year	7	(47,202)	(43,753)
Net current assets		41,781	39,849
Total assets less current liabilities		143,136	70,510
Creditors: Amounts falling due after more than one year	7	(89,363)	(70,411)
Net assets		53,773	99
Capital and reserves
Called up share capital		100	100
Retained earnings		53,673	(1)
Shareholders' funds		53,773	99

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 8 December 2025 and signed on its behalf by:
 

Morgan Wrona Limited

(Registration number: 11108899)
Balance Sheet as at 31 March 2025 (continued)

......................................... Mr Luke Wrona Director

......................................... Mr Christopher Paul Morgan Director

Morgan Wrona Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 110 Rivermead Business Park
Rivermead
Swindon
SN5 7EX

These financial statements were authorised for issue by the Board on 8 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Morgan Wrona Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Asset class	Depreciation method and rate
Plant & Machinery	25% Reducing balance
Computer Equipment	25% Reducing balance
Motor Vehicles	25% Reducing balance
Office Equipment	25% Reducing balance
Fixtures & Fittings	25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Morgan Wrona Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	16,902	10,220

Morgan Wrona Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	13,682	68,948	82,630
Additions	4,844	108,158	113,002
Disposals	-	(68,949)	(68,949)
At 31 March 2025	18,526	108,157	126,683
Depreciation
At 1 April 2024	8,426	43,543	51,969
Charge for the year	2,296	14,606	16,902
Eliminated on disposal	-	(43,543)	(43,543)
At 31 March 2025	10,722	14,606	25,328
Carrying amount
At 31 March 2025	7,804	93,551	101,355
At 31 March 2024	5,256	25,405	30,661

6

Debtors

Current	2025 £	2024 £
Trade debtors	-	2,546
Prepayments	1,608	4,075
Other debtors	51,648	45,124
	53,256	51,745

7

Creditors

Creditors: amounts falling due within one year

Morgan Wrona Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

7	Creditors (continued)

	2025 £	2024 £
Due within one year
Trade creditors	21,743	14,613
Taxation and social security	16,872	12,953
Accruals and deferred income	242	-
Other creditors	8,345	16,187
	47,202	43,753

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	89,363	70,411

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	89,363	70,411