Company Registration No. 08039970 (England and Wales)
D R MORRIS FARMS LIMITED
Unaudited accounts
for the year ended 31 March 2025
D R MORRIS FARMS LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
740,076
1,147,957
Cash at bank and in hand
101,109
116,680
Creditors: amounts falling due within one year
(108,114)
(255,986)
Net current liabilities
(6,325)
(64,830)
Total assets less current liabilities
733,751
1,083,127
Provisions for liabilities
Deferred tax
(129,698)
(176,999)
Net assets
604,053
906,128
Called up share capital
150
150
Profit and loss account
603,903
905,978
Shareholders' funds
604,053
906,128
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 December 2025 and were signed on its behalf by
Phyllis E Currie
Director
Company Registration No. 08039970
D R MORRIS FARMS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
D R MORRIS FARMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08039970. The registered office is Hanley Hall, Weirbrook, West Felton, Oswestry, Shropshire, SY11 4ES, United Kindom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Other tangible fixed assets
15% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
961,666
1,237,708
2,464
2,201,838
Additions
28,281
-
-
28,281
Disposals
(240,000)
-
-
(240,000)
At 31 March 2025
749,947
1,237,708
2,464
1,990,119
At 1 April 2024
474,708
578,484
689
1,053,881
Charge for the year
91,766
103,952
444
196,162
At 31 March 2025
566,474
682,436
1,133
1,250,043
At 31 March 2025
183,473
555,272
1,331
740,076
At 31 March 2024
486,958
659,224
1,775
1,147,957
D R MORRIS FARMS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
817
109,538
Taxes and social security
471
224
Loans from directors
102,623
161,932
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).