REGISTERED NUMBER: 14455430 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

MORGAN ELLIOT PLANNING LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

DIRECTORS:

Mr P J Fong

Mr G C Baylis

Miss C S C Jones

Mrs A E Fong

REGISTERED OFFICE:

35 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

REGISTERED NUMBER:

14455430 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville Limited

2nd Floor

Cumberland House

Oriel Road

Cheltenham

Gloucestershire

GL50 1BB

FIXED ASSETS

Tangible assets

4

89,966

102,834

CURRENT ASSETS

Debtors

5

177,657

161,327

Cash at bank and in hand

71,715

46,305

249,372

207,632

CREDITORS

Amounts falling due within one year

6

291,691

259,037

NET CURRENT LIABILITIES

(42,319

)

(51,405

)

TOTAL ASSETS LESS CURRENT LIABILITIES

47,647

51,429

CREDITORS

Amounts falling due after more than one year

7

(3,004

)

(9,935

)

PROVISIONS FOR LIABILITIES

(8,259

)

(8,184

)

NET ASSETS

36,384

33,310

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

36,284

33,210

SHAREHOLDERS' FUNDS

36,384

33,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

Mr P J Fong - Director

1.	STATUTORY INFORMATION

Morgan Elliot Planning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 December 2024

32,089

6,445

16,517

Additions

10,136

2,144

1,316

At 30 November 2025

42,225

8,589

17,833

DEPRECIATION

At 1 December 2024

2,624

1,943

3,281

Charge for year

9,890

1,459

3,556

At 30 November 2025

12,514

3,402

6,837

NET BOOK VALUE

At 30 November 2025

29,711

5,187

10,996

At 30 November 2024

29,465

4,502

13,236

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2024

62,099

3,991

121,141

Additions

-

4,000

17,596

At 30 November 2025

62,099

7,991

138,737

DEPRECIATION

At 1 December 2024

9,056

1,403

18,307

Charge for year

13,261

2,298

30,464

At 30 November 2025

22,317

3,701

48,771

NET BOOK VALUE

At 30 November 2025

39,782

4,290

89,966

At 30 November 2024

53,043

2,588

102,834

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

131,004

115,402

Amounts owed by associates

2,987

2,349

Other debtors

7,974

7,974

Directors' current accounts

23,500

23,628

Prepayments

12,192

11,974

177,657

161,327

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Hire purchase contracts

7,540

6,535

Trade creditors

8,858

20,486

Amounts owed to participating interests

68,569

66,987

Tax

92,593

91,682

Social security and other taxes

346

365

VAT

35,705

24,427

Directors' current accounts

62,300

48,220

Accrued expenses

15,780

335

291,691

259,037

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Hire purchase contracts

3,004

9,935

8.	SECURED DEBTS

On 25 November 2024 Lloyds Bank plc registered a fixed and floating charge over the property or undertaking of the company.

On 26 November 2024 Lloyds Bank plc registered a fixed charge over the property or undertaking of the company.

9.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, the company had financial commitments of £17,705 (2024 £29,330).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

as restated

£

£

Mr P J Fong

Balance outstanding at start of year

(48,220

)

(44,344

)

Amounts advanced

17,140

54,395

Amounts repaid

(31,220

)

(58,271

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(62,300

)

(48,220

)

Miss C S C Jones

Balance outstanding at start of year

15,443

8,369

Amounts advanced

-

8,524

Amounts repaid

(464

)

(1,450

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,979

15,443

Mr G C Baylis

Balance outstanding at start of year

8,185

15

Amounts advanced

336

8,185

Amounts repaid

-

(15

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,521

8,185

There are no set repayment terms to these loans.

Interest is not charged to the company on amounts owed.

Interest at HMRC's official rate has been charged on amounts owed to the company.

11.	RELATED PARTY DISCLOSURES

Included within other debtors is a balance of £2,986 (2024 £2349) owed to an associated company.

Included within other creditors is a balance of £68,569 (2024 £66,987) owed to a company that a director has an interest in.

The loans have no repayment terms and all transactions were at arm's length.