REGISTERED NUMBER: OC314839 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

MORGAN WILLIAMS COMMERCIAL LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Certified Accountants' Report

7

DESIGNATED MEMBERS:

R A Bates

Mrs E L Bates

REGISTERED OFFICE:

9 Springfield Street

Warrington

Cheshire

WA1 1BB

REGISTERED NUMBER:

OC314839 (England and Wales)

ACCOUNTANTS:

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,201

17,938

8,201

17,938

CURRENT ASSETS

Debtors

6

195,744

175,174

Cash at bank and in hand

215

4,008

195,959

179,182

CREDITORS

Amounts falling due within one year

7

132,946

110,885

NET CURRENT ASSETS

63,013

68,297

TOTAL ASSETS LESS CURRENT LIABILITIES

71,214

86,235

CREDITORS

Amounts falling due after more than one year

8

-

15,021

NET ASSETS ATTRIBUTABLE TO MEMBERS

71,214

71,214

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

71,214

71,214

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

71,214

71,214

Amounts due from members

6

(183,295

)

(153,069

)

(112,081

)

(81,855

)

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 October 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 October 2026 and were signed by:

R A Bates - Designated member

1.	STATUTORY INFORMATION

Morgan Williams Commercial LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, has been amortised over its estimated useful life.

Intangible assets

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

-

20% on cost

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 LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

15,000

5,900

20,900

AMORTISATION

At 1 November 2024

and 31 October 2025

15,000

5,900

20,900

NET BOOK VALUE

At 31 October 2025

-

-

-

At 31 October 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

122,755

DEPRECIATION

At 1 November 2024

104,817

Charge for year

9,737

At 31 October 2025

114,554

NET BOOK VALUE

At 31 October 2025

8,201

At 31 October 2024

17,938

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

9,492

19,054

Other debtors

186,252

156,120

195,744

175,174

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

57,981

58,637

Trade creditors

833

8,149

Taxation and social security

66,797

38,822

Other creditors

7,335

5,277

132,946

110,885

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

15,021

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Members' capital classified as a liability

Loans from members

(203,094)

(224,283)

Amounts due to members in respect of profits

172,868

145,928

(30,226)

(78,355)

Amounts falling due within one year

(30,226)

(78,355)

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Morgan Williams Commercial LLP for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the members of Morgan Williams Commercial LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Morgan Williams Commercial LLP and state those matters that we have agreed to state to the members of Morgan Williams Commercial LLP, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Morgan Williams Commercial LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Morgan Williams Commercial LLP. You consider that Morgan Williams Commercial LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Morgan Williams Commercial LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

15 October 2026