REGISTERED NUMBER: 02194821 (England and Wales)

Morgan Cooper Limited

Unaudited Financial Statements

for the year ended

30 April 2026

Page

Statement of Financial Position

1

to

2

Notes to the Financial Statements

3

to

5

FIXED ASSETS

Property, plant and equipment

4

60,344

75,262

CURRENT ASSETS

Inventories

67,365

64,332

Debtors

5

438,682

216,562

Cash at bank and in hand

86,959

222,021

593,006

502,915

CREDITORS

Amounts falling due within one year

6

(358,202

)

(292,673

)

NET CURRENT ASSETS

234,804

210,242

TOTAL ASSETS LESS CURRENT LIABILITIES

295,148

285,504

CREDITORS

Amounts falling due after more than one year

7

(9,246

)

(13,204

)

PROVISIONS FOR LIABILITIES

(14,551

)

(18,210

)

NET ASSETS

271,351

254,090

CAPITAL AND RESERVES

Called up share capital

35,000

35,000

Retained earnings

236,351

219,090

SHAREHOLDERS' FUNDS

271,351

254,090

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

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

The financial statements were approved by the director and authorised for issue on 6 August 2026 and were signed by:

S C King - Director

1.	STATUTORY INFORMATION

Morgan Cooper Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02194821

Registered office:

Unit G

Eurocentre

North River Road

Great Yarmouth

Norfolk

NR30 1TE

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.

Revenue

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

Property, plant and equipment

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

Office equipment

-

15% reducing balance

Plant and machinery

-

15% reducing balance

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Inventories

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Short term debtors are measured at transaction price, less any impairment.

Short term creditors are measured at the transaction price.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Revenue recognition

Work in progress is valued at the expected invoice value of the work undertaken but not invoiced at the year end.

Provisions

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, when it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 8 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Office

Plant and

Motor

Computer

equipment

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

15,165

217,369

14,000

17,950

264,484

Additions

1,591

1,755

-

749

4,095

At 30 April 2026

16,756

219,124

14,000

18,699

268,579

DEPRECIATION

At 1 May 2025

10,556

153,972

12,132

12,562

189,222

Charge for year

1,202

14,684

467

2,660

19,013

At 30 April 2026

11,758

168,656

12,599

15,222

208,235

NET BOOK VALUE

At 30 April 2026

4,998

50,468

1,401

3,477

60,344

At 30 April 2025

4,609

63,397

1,868

5,388

75,262

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

316,704

114,900

Other debtors

121,978

101,662

438,682

216,562

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

3,961

8,264

Trade creditors

220,282

231,772

Taxation and social security

63,551

25,783

Other creditors

70,408

26,854

358,202

292,673

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

9,246

13,204

8.	OTHER FINANCIAL COMMITMENTS

The company had total commitments under non-cancellable operating leases over the remaining life of those leases of £83,206 (30/04/2025 - £93,050).