Company Registration No. 09559555 (England and Wales)
Morel Intl Solutions Ltd
Unaudited accounts
for the year ended 31 December 2025
Morel Intl Solutions Ltd
Unaudited accounts
Contents
Morel Intl Solutions Ltd
Company Information
for the year ended 31 December 2025
Company Number
09559555 (England and Wales)
Registered Office
24 Fitzroy Square
London
W1T 6EP
England
Accountants
WellTax Limited
24 Fitzroy Square
London
W1T 6EP
Morel Intl Solutions Ltd
Statement of financial position
as at 31 December 2025
Intangible assets
830,037
724,322
Tangible assets
2,367
2,594
Cash at bank and in hand
19,743
7,922
Creditors: amounts falling due within one year
(166,553)
(201,967)
Net current liabilities
(54,967)
(47,528)
Total assets less current liabilities
777,437
679,388
Creditors: amounts falling due after more than one year
(267,265)
(268,638)
Net assets
510,172
410,750
Called up share capital
103
103
Share premium
399,997
399,997
Profit and loss account
110,072
10,650
Shareholders' funds
510,172
410,750
For the year ending 31 December 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 3 September 2026 and were signed on its behalf by
Michele Tegon
Director
Company Registration No. 09559555
Morel Intl Solutions Ltd
Notes to the Accounts
for the year ended 31 December 2025
Morel Intl Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09559555. The registered office is 24 Fitzroy Square, London, W1T 6EP, England.
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 has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Expenditure on research and development is capitalized in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Morel Intl Solutions Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Intangible fixed assets
Other
At 31 December 2025
830,037
At 31 December 2025
830,037
At 31 December 2024
724,322
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
44,000
88,000
Accrued income and prepayments
1,640
4,795
Other debtors
37,184
32,696
Morel Intl Solutions Ltd
Notes to the Accounts
for the year ended 31 December 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
20,693
8,422
Taxes and social security
-
3,010
Other creditors
84,121
20,111
Loans from directors
60,278
164,558
8
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
267,265
268,638
Allotted, called up and fully paid:
1,025,000 Ordinary shares of £0.0001 each
102.50
102.50
The company's parent and ultimate parent undertaking is Ephelia Capital Gmbh, a company registered in Switzerland whose registered office address is Via Nassa 3A, 6900 Lugano, Switzerland.
11
Average number of employees
During the year the average number of employees was 0 (2024: 1).