MORRIS RETAIL LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 5384749

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,447		13,811

			13,447		13,811
CURRENT ASSETS
Stocks	5	41,765		42,007
Debtors	6	11,793		11,643
Cash at bank and in hand		218		218

		53,776		53,868
Creditors: Amounts Falling Due Within One Year	7	(39,833 )		(40,561 )

NET CURRENT ASSETS (LIABILITIES)			13,943		13,307

TOTAL ASSETS LESS CURRENT LIABILITIES			27,390		27,118

NET ASSETS			27,390		27,118

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Profit and Loss Account			26,390		26,118

SHAREHOLDERS' FUNDS			27,390		27,118

Page 1

Page 2

MORRIS RETAIL LIMITED

Balance Sheet (continued)

As At 31 March 2025

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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr GARY MORRIS

Director

16/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

MORRIS RETAIL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 5384749 . The registered office is 282 WRAGBY ROAD, LINCOLN, LINCS, LN2 4PX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

15%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	59,842

As at 31 March 2025	59,842

Depreciation
As at 1 April 2024	46,031
Provided during the period	364

As at 31 March 2025	46,395

Net Book Value
As at 31 March 2025	13,447

As at 1 April 2024	13,811

5. Stocks

	2025	2024
	£	£
Materials	41,765	42,007

Page 3

Page 4

MORRIS RETAIL LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	10,302	10,028
Other debtors	1,491	1,615

	11,793	11,643

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	22,712	22,550
Bank loans and overdrafts	8,630	9,062
Other creditors	8,491	8,949

	39,833	40,561

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000