2 3 Morgan Fraser Group Limited 13343757 false 2024-05-01 2025-04-30 2025-04-30 The principal activity of the company is Provision of staff. Digita Accounts Production Advanced 6.30.9574.0 true 13343757 2024-05-01 2025-04-30 13343757 2025-04-30 13343757 core:CurrentFinancialInstruments 2025-04-30 13343757 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 13343757 core:FurnitureFittingsToolsEquipment 2025-04-30 13343757 bus:SmallEntities 2024-05-01 2025-04-30 13343757 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 13343757 bus:FullAccounts 2024-05-01 2025-04-30 13343757 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 13343757 bus:RegisteredOffice 2024-05-01 2025-04-30 13343757 bus:Director1 2024-05-01 2025-04-30 13343757 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 13343757 core:FurnitureFittingsToolsEquipment 2024-05-01 2025-04-30 13343757 countries:England 2024-05-01 2025-04-30 13343757 2024-04-30 13343757 core:FurnitureFittingsToolsEquipment 2024-04-30 13343757 2023-05-01 2024-04-30 13343757 2024-04-30 13343757 core:CurrentFinancialInstruments 2024-04-30 13343757 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 13343757 core:FurnitureFittingsToolsEquipment 2024-04-30 xbrli:pure iso4217:GBP

Registration number: 13343757

Morgan Fraser Group Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 30 April 2025

Morgan Fraser Group Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 6

Morgan Fraser Group Limited

(Registration number: 13343757)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | - | 764
Current assets |  |  |
Debtors | 6 | 16,518 | 44,139
Cash at bank and in hand |  | 5,964 | 28,818
|  | 22,482 | 72,957
Creditors: Amounts falling due within one year | 7 | (18,543) | (13,275)
Net current assets |  | 3,939 | 59,682
Net assets |  | 3,939 | 60,446
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 3,839 | 60,346
Shareholders' funds |  | 3,939 | 60,446

For the financial 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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 19 September 2025

......................................... Nicholas Fraser Director

Morgan Fraser Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
4 Minster Court
Tuscam Way
Camberley
Surrey
GU15 3YY

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Morgan Fraser Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Morgan Fraser Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 3).

4 | Loss before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 143 | 340

Morgan Fraser Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 May 2024 | 1,359 | 1,359
Disposals | (1,359) | (1,359)
At 30 April 2025 | - | -
Depreciation
At 1 May 2024 | 595 | 595
Charge for the year | 143 | 143
Eliminated on disposal | (738) | (738)
At 30 April 2025 | - | -
Carrying amount
At 30 April 2025 | - | -
At 30 April 2024 | 764 | 764

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 3,216 | 23,238
Prepayments | - | 5,137
Other debtors | 13,302 | 15,764
| 16,518 | 44,139

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 17,305 | 6,416
Taxation and social security | 1 | 6,535
Other creditors | 1,237 | 324
| 18,543 | 13,275

Morgan Fraser Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100