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Company Registration No. 07429583 (England and Wales)
Hugh Morrison Associates Ltd Unaudited accounts for the year ended 30 November 2025
Hugh Morrison Associates Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Hugh Morrison Associates Ltd Company Information for the year ended 30 November 2025
Director
John Hugh Orchard Morrison
Company Number
07429583 (England and Wales)
Registered Office
14 Wood View Northenden Manchester M22 4GD England
Accountants
SJM Accounting Services 51 Wilmslow Road Cheadle Stockport Cheshire SK8 1HG
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Hugh Morrison Associates Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
99
Current assets
Debtors
5
14,864
2,606
Cash at bank and in hand
5,766
7,120
20,630
9,726
Creditors: amounts falling due within one year
6
(7,484)
(2,620)
Net current assets
13,146
7,106
Total assets less current liabilities
13,146
7,205
Provisions for liabilities
Deferred tax
7
-
(19)
Net assets
13,146
7,186
Capital and reserves
Called up share capital
8
10
10
Profit and loss account
13,136
7,176
Shareholders' funds
13,146
7,186
For the year ending 30 November 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 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 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 9 January 2026 and were signed on its behalf by
John Hugh Orchard Morrison Director Company Registration No. 07429583
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Hugh Morrison Associates Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Hugh Morrison Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 07429583. The registered office and principal place of business is 14 Wood View, Northenden, Manchester, M22 4GD, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The company ceased trading on 30 November 2025 and, accordingly, the going concern basis is no longer applicable.
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Hugh Morrison Associates Ltd Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 December 2024
535
At 30 November 2025
535
Depreciation
At 1 December 2024
436
Charge for the year
99
At 30 November 2025
535
Net book value
At 30 November 2025
-
At 30 November 2024
99
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
14,810
1,710
Accrued income and prepayments
-
896
14,810
2,606
Amounts falling due after more than one year
Other debtors
54
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
6,246
1,867
Loans from directors
485
-
Accruals
753
753
7,484
2,620
7
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
-
19
2025
2024
£
£
Provision at start of year
19
44
Credited to the profit and loss account
(19)
(25)
Provision at end of year
-
19
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Hugh Morrison Associates Ltd Notes to the Accounts for the year ended 30 November 2025
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Post balance sheet events
The company ceased trading on 30 November 2025 and once all debtors have been collected, and corporation tax paid, the company will apply to be dissolved.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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