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Company Registration No. 07652443 (England and Wales)
Morgan-Knox Limited Unaudited accounts for the year ended 31 May 2025
Morgan-Knox Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Morgan-Knox Limited Company Information for the year ended 31 May 2025
Directors
David Ashley Knox Lisa Jayne Morgan
Company Number
07652443 (England and Wales)
Registered Office
94 St. James Road Southampton Hampshire SO15 5HF England
Accountants
Go Beyond Accounting Ltd 94 St James Road Southampton Hampshire SO15 5HF
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Morgan-Knox Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,587
307,941
Current assets
Debtors
5
32,676
12,248
Cash at bank and in hand
467,040
248,127
499,716
260,375
Creditors: amounts falling due within one year
6
(285,324)
(170,488)
Net current assets
214,392
89,887
Total assets less current liabilities
215,979
397,828
Creditors: amounts falling due after more than one year
7
-
(319,123)
Net assets
215,979
78,705
Capital and reserves
Called up share capital
100
100
Profit and loss account
215,879
78,605
Shareholders' funds
215,979
78,705
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 21 February 2026 and were signed on its behalf by
David Ashley Knox Director Company Registration No. 07652443
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Morgan-Knox Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Morgan-Knox Limited is a private company, limited by shares, registered in England and Wales, registration number 07652443. The registered office is 94 St. James Road, Southampton, Hampshire, SO15 5HF, 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.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
304,600
9,628
-
314,228
Additions
-
-
1,187
1,187
Disposals
(304,600)
(8,628)
-
(313,228)
At 31 May 2025
-
1,000
1,187
2,187
Depreciation
At 1 June 2024
-
6,287
-
6,287
Charge for the year
-
200
-
200
On disposals
-
(5,887)
-
(5,887)
At 31 May 2025
-
600
-
600
Net book value
At 31 May 2025
-
400
1,187
1,587
At 31 May 2024
304,600
3,341
-
307,941
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
32,676
12,248
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Morgan-Knox Limited Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
(569)
(151)
Taxes and social security
31,454
9,456
Loans from directors
254,439
158,929
Accruals
-
150
Deferred income
-
2,104
285,324
170,488
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
-
319,123
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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