Registration number: 08661251

Morvan Investments Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Morvan Investments Ltd

(Registration number: 08661251)
Balance Sheet as at 31 May 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	736,657	736,657
Current assets
Debtors	6	71,194	81,200
Cash at bank and in hand		1,342,864	1,192,685
		1,414,058	1,273,885
Creditors: Amounts falling due within one year	7	(31,929)	(40,326)
Net current assets		1,382,129	1,233,559
Net assets		2,118,786	1,970,216
Capital and reserves
Called up share capital		100	100
Retained earnings		2,118,686	1,970,116
Shareholders' funds		2,118,786	1,970,216

For the financial year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 August 2026 and signed on its behalf by:
 

......................................... Mr Richard John Eves Director

Morvan Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

1	General information

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

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL

The principal place of business is:
Old Cottage
Goodworth Clatford
Andover
Hampshire
SP11 7QY
England

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable from rents received from investment properties. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

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.

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.

Morvan Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

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.

3

Taxation

	2026		2025
	£		£
Corporation tax	14,957		16,870
	14,957		16,870

4	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

Morvan Investments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

5	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 June 2025	736,657	736,657
At 31 May 2026	736,657	736,657
Depreciation
Carrying amount
At 31 May 2026	736,657	736,657
At 31 May 2025	736,657	736,657

6

Debtors

Current	Note	2026 £	2025 £
Amounts owed by related parties	8	69,994	80,000
Other debtors		1,200	1,200
		71,194	81,200

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	14,931	16,848
Other creditors	16,998	23,478
	31,929	40,326