Moorhouse Projects Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10911732

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,209,613		892,796

			1,209,613		892,796
CURRENT ASSETS
Debtors	5	61,972		-
Cash at bank and in hand		5,487		2,531

		67,459		2,531
Creditors: Amounts Falling Due Within One Year	6	(855,997 )		(461,326 )

NET CURRENT ASSETS (LIABILITIES)			(788,538 )		(458,795 )

TOTAL ASSETS LESS CURRENT LIABILITIES			421,075		434,001

PROVISIONS FOR LIABILITIES
Deferred Taxation			(95,458 )		(95,458 )

NET ASSETS			325,617		338,543

CAPITAL AND RESERVES
Called up share capital	7		100		100
Revaluation reserve	8		406,953		406,953
Profit and Loss Account			(81,436 )		(68,510 )

SHAREHOLDERS' FUNDS			325,617		338,543

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Moorhouse Projects Ltd

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 Ian Moorhouse

Director

27 November 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Moorhouse Projects Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10911732 . The registered office is Charnwood House, 46-48 Garden Street, Thurmaston, Leicestershire, LE4 8DS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Freehold

Non-Depreciating

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Moorhouse Projects Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.6. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

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

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 April 2024	892,796
Additions	316,817

As at 31 March 2025	1,209,613

Net Book Value
As at 31 March 2025	1,209,613

As at 1 April 2024	892,796

Investment properties were valued on a fair value basis on 31 March 2025 by the director.

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Moorhouse Projects Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Cost or valuation as at 31 March 2025 represented by:

	Land & Property
	Freehold
	£
At cost	707,202
At valuation	502,411

	1,209,613

5. Debtors

	2025	2024
	£	£
Due within one year
Other taxes and social security	61,972	-

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	371,557	657
Other creditors	484,405	460,639
Accruals and deferred income	35	30

	855,997	461,326

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	406,953

As at 31 March 2025	406,953

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Moorhouse Projects Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Related Party Transactions

Directors Loan Account - these loans are free of interest and repayable on demand. The amount is included within other creditors.

Amount due to the related party: 2025: £14,637 (2024: £14,637)

Moorhouse Construction Ltd:

A company in which the director is also a a director and shareholder.

Loan account - The loan is free of interest and repayable on demand and is included within other creditors.

Amount due to the related party: 2025: £113,690 (2024: £107,022)

Moorhouse Investment Properties LLP:

A company in which the director is also a director and shareholder.

Loan account - The loan is free of interest and repayable on demand and is included within other creditors.

Amount due to the related party: 2025: £2,833 (2024: £2,833)

Moorhouse Properties & Lettings Ltd:

A company in which the director is also a director and shareholder.

Loan account - The loan is free of interest and repayable on demand and is included within other creditors.

Amount due to the related party: 2024: £33,849 (2024: £16,751)

Mr I J Moorhouse T/a Moorhouse Properties:

A property business in which the director is a sole proprietor.

Loan account - The loan is free of interest and repayable on demand and is included within other creditors.

Amount due to the related party: 2025: £319,395 (2024: £319,395)

10. Ultimate Controlling Party

Mr I Moorhouse is the ultimate controlling party by virtue of his beneficial ownership of 80% of the ordinary share capital of the company.

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