Morland Capital Partners No2 Limited 30/04/2025 iXBRL

Company registration number: 12552971

MORLAND CAPITAL PARTNERS NO2 LIMITED

30 April 2025

HEYWOODS

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

MORLAND CAPITAL PARTNERS NO2 LIMITED

Contents

Directors and other information

Directors responsibilities statement

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

MORLAND CAPITAL PARTNERS NO2 LIMITED

DIRECTORS AND OTHER INFORMATION


	Directors	Mr J M Morris
		Mr M J V Sandford


	Company number	12552971


	Registered office	Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB


	Business address	Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

Morland Capital Partners No2 Limited

Directors responsibilities statement

Year ended 30 April 2025

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

MORLAND CAPITAL PARTNERS NO2 LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MORLAND CAPITAL PARTNERS NO2 LIMITED

YEAR ENDED 30TH APRIL 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Morland Capital Partners No2 Limited for the year ended 30 April 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Morland Capital Partners No2 Limited, as a body, in accordance with the terms of our engagement letter dated 16 May 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Morland Capital Partners No2 Limited and state those matters that we have agreed to state to the board of directors of Morland Capital Partners No2 Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Morland Capital Partners No2 Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Morland Capital Partners No2 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Morland Capital Partners No2 Limited. You consider that Morland Capital Partners No2 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Morland Capital Partners No2 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

16 January 2026

MORLAND CAPITAL PARTNERS NO2 LIMITED

STATEMENT OF FINANCIAL POSITION

30TH APRIL 2025

		2025		2024
	Note	£	£	£	£

Current assets
Stocks		1,523,399		-
Debtors	5	100		100
		_______		_______
		1,523,499		100
Creditors: amounts falling due
within one year	6	( 1,523,172)		-
		_______		_______
Net current assets			327		100
			_______		_______
Total assets less current liabilities			327		100

			_______		_______
Net assets			327		100
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			227		-
			_______		_______
Shareholders funds			327		100
			_______		_______

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 08 January 2026 , and are signed on behalf of the board by:

Mr J M Morris Mr M J V Sandford

Director Director

Company registration number: 12552971

MORLAND CAPITAL PARTNERS NO2 LIMITED

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 30TH APRIL 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 May 2023	100	-	100

Profit for the year		-	-
	_______	_______	_______
Total comprehensive income for the year	-	-	-

	_______	_______	_______
At 30 April 2024 and 1 May 2024	100	-	100

Profit for the year		227	227
	_______	_______	_______
Total comprehensive income for the year	-	227	227

	_______	_______	_______
At 30 April 2025	100	227	327
	_______	_______	_______

MORLAND CAPITAL PARTNERS NO2 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30TH APRIL 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Countrywide House, Knights Way, Shrewsbury, Shropshire, SY1 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Debtors

	2025	2024
	£	£
Other debtors	100	100
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	53	-
Other creditors	1,523,119	-
	_______	_______
	1,523,172	-
	_______	_______