Company Registration No. 10848158 (England and Wales)
A J Murch Ltd
Unaudited accounts
for the year ended 31 July 2025
A J Murch Ltd
Unaudited accounts
Contents
A J Murch Ltd
Company Information
for the year ended 31 July 2025
Director
Ashley James Murch
Company Number
10848158 (England and Wales)
Registered Office
2 Upcott Cottages
North Molton
South Molton
EX36 3JR
Accountants
R O Walters
48 Water Park Road
Bideford
EX39 3RN
A J Murch Ltd
Statement of financial position
as at 31 July 2025
Intangible assets
2,400
3,600
Tangible assets
214,238
75,815
Cash at bank and in hand
117,519
59,804
Creditors: amounts falling due within one year
(320,278)
(76,602)
Net current liabilities
(170,416)
(6,351)
Total assets less current liabilities
46,222
73,064
Creditors: amounts falling due after more than one year
(18,601)
(23,453)
Provisions for liabilities
Deferred tax
(10,891)
(14,405)
Called up share capital
1,000
1,000
Profit and loss account
15,730
34,206
Shareholders' funds
16,730
35,206
For the year ending 31 July 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 28 April 2026 and were signed on its behalf by
Ashley James Murch
Director
Company Registration No. 10848158
A J Murch Ltd
Notes to the Accounts
for the year ended 31 July 2025
A J Murch Ltd is a private company, limited by shares, registered in England and Wales, registration number 10848158. The registered office is 2 Upcott Cottages, North Molton, South Molton, EX36 3JR.
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.
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 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 :
Land & buildings
Not depreciated
Plant & machinery
12.5% Straight line
Acquired goodwill is written off in equal instalments over its estimated useful economic life of 10 years.
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting date.
Deferred tax
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.
A J Murch Ltd
Notes to the Accounts
for the year ended 31 July 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 August 2024
-
170,807
170,807
Additions
156,917
5,345
162,262
Disposals
-
(2,178)
(2,178)
At 31 July 2025
156,917
173,974
330,891
At 1 August 2024
-
94,992
94,992
Charge for the year
-
21,661
21,661
At 31 July 2025
-
116,653
116,653
At 31 July 2025
156,917
57,321
214,238
At 31 July 2024
-
75,815
75,815
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
-
7,375
Amounts falling due within one year
Trade debtors
22,191
6,776
Other debtors
10,152
1,784
A J Murch Ltd
Notes to the Accounts
for the year ended 31 July 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,852
4,852
Taxes and social security
1,522
(1,964)
Loans from directors
308,328
71,709
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 1 (2024: 2).