MJMorris Leisure Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11517292

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		30,875		40,375
Tangible Assets	5		2,917		9,326

			33,792		49,701
CURRENT ASSETS
Stocks	6	14,260		17,219
Debtors	7	17,898		19,285
Cash at bank and in hand		1,678		9,832

		33,836		46,336
Creditors: Amounts Falling Due Within One Year	8	(218,509 )		(223,001 )

NET CURRENT ASSETS (LIABILITIES)			(184,673 )		(176,665 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(150,881 )		(126,964 )

Creditors: Amounts Falling Due After More Than One Year	9		(3,562 )		(11,894 )

NET LIABILITIES			(154,443 )		(138,858 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			(154,445 )		(138,860 )

SHAREHOLDERS' FUNDS			(154,443)		(138,858)

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MJMorris Leisure Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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

J P Morris

Director

24th November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

MJMorris Leisure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11517292 . The registered office is 19 High Street, Sutton Coldfield, B72 1XS.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. 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:

Fixtures & Fittings	20% SL
Computer Equipment	33% SL

2.6. 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.

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MJMorris Leisure Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 12)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 September 2024	45,000	50,000	95,000

As at 31 August 2025	45,000	50,000	95,000

Amortisation
As at 1 September 2024	25,875	28,750	54,625
Provided during the period	4,500	5,000	9,500

As at 31 August 2025	30,375	33,750	64,125

Net Book Value
As at 31 August 2025	14,625	16,250	30,875

As at 1 September 2024	19,125	21,250	40,375

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 September 2024	32,044	429	32,473

As at 31 August 2025	32,044	429	32,473

Depreciation
As at 1 September 2024	22,718	429	23,147
Provided during the period	6,409	-	6,409

As at 31 August 2025	29,127	429	29,556

Net Book Value
As at 31 August 2025	2,917	-	2,917

As at 1 September 2024	9,326	-	9,326

6. Stocks

	2025	2024
	£	£
Materials	14,260	17,219

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MJMorris Leisure Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	17,898	19,285

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(1 )	-
Bank loans and overdrafts	31,068	31,017
Other loans - YouLend	25,531	31,223
Other creditors	149,135	145,602
Taxation and social security	12,776	15,159

	218,509	223,001

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	3,562	11,894

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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