REGISTERED NUMBER: 01653520 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

FOR

STEVE MORRIS & CO LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S E Morris

SECRETARY:

Mrs T Morris

REGISTERED OFFICE:

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

REGISTERED NUMBER:

01653520 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

-

Intangible assets

4

-

830,454

Tangible assets

5

814,660

345

Investments

6

469

830,799

815,129

CURRENT ASSETS

52,173

Debtors

41,393

271,811

Cash at bank and in hand

245,636

323,984

287,029

CREDITORS

81,727

Amounts falling due within one year

72,254

242,257

NET CURRENT ASSETS

214,775

1,073,056

TOTAL ASSETS LESS CURRENT LIABILITIES

1,029,904

13,658

PROVISIONS FOR LIABILITIES

7

11,107

1,059,398

NET ASSETS

1,018,797

CAPITAL AND RESERVES

100

Called up share capital

8

100

421,120

Revaluation reserve

9

421,120

638,178

Retained earnings

597,577

1,059,398

SHAREHOLDERS' FUNDS

1,018,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th April 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th June 2026 and were signed by:

Mr S E Morris - Director

1.	STATUTORY INFORMATION

Steve Morris & Co 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods and commission and rents receivable, exclusive of value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administration expenses.

Operating leases

Operating lease rentals received are credited to the profit and loss account.

Investment property

Investment property for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

The property valuation as at the balance sheet was reconsidered by the director of the company in June 2026.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2025

and 30th April 2026

20,097

AMORTISATION

At 1st May 2025

and 30th April 2026

20,097

NET BOOK VALUE

At 30th April 2026

-

At 30th April 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1st May 2025

896,449

Additions

3,316

At 30th April 2026

899,765

DEPRECIATION

At 1st May 2025

65,995

Charge for year

19,110

At 30th April 2026

85,105

NET BOOK VALUE

At 30th April 2026

814,660

At 30th April 2025

830,454

Cost or valuation at 30th April 2026 is represented by:

Totals

£

Valuation in 1993

26,174

Valuation in 2005

142,680

Valuation in 2021

250,993

Cost

479,918

899,765

If the property had not been revalued it would have been included at the following historical cost:

30.4.26

30.4.25

£

£

Cost

294,454

294,454

The property valuation as at the balance sheet was reconsidered by the director of the company in June 2026.

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1st May 2025

and 30th April 2026

2,542

PROVISIONS

At 1st May 2025

2,197

Revaluation adjustments

(124

)

At 30th April 2026

2,073

NET BOOK VALUE

At 30th April 2026

469

At 30th April 2025

345

Cost or valuation at 30th April 2026 is represented by:

Totals

£

Valuation in 2025

2,542

The market value of listed investments at 30th April 2026 was £470 (2025 £345).

7.	PROVISIONS FOR LIABILITIES

30.4.26

30.4.25

£

£

Deferred tax

11,107

13,658

Deferred

tax

£

Balance at 1st May 2025

13,658

Credit to Statement of Income and Retained Earnings during year

(2,551

)

Balance at 30th April 2026

11,107

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

95

Ordinary A

£1

95

95

5

Ordinary B

£1

5

5

100

100

9.

RESERVES

Revaluation

reserve

£

At 1st May 2025

and 30th April 2026

421,120