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MORNINGTON TERRACE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (No. 09231226). The registered office is C/O Langtons, The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.
The company is the parent company of a small group; these financial statements present information about the company as an individual undertaking. The principal activity of the company continues to be that of a group holding company.
The presentation currency of these financial statements is £ sterling; the financial statements are rounded to the nearest £.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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The Company has no employees other than the directors, who did not receive any remuneration (2025 - £NIL).
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The average monthly number of employees, including directors, during the year was 0 (2025 - 0).
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