REGISTERED NUMBER: 04639950 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Richard Morris Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Morris

I Morris

D E Brown

M W Staniland

REGISTERED OFFICE:

42 Friar Gate

Derby

Derbyshire

DE1 1DA

REGISTERED NUMBER:

04639950 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Intangible assets

4

75,000

90,000

Tangible assets

5

9,034

10,627

84,034

100,627

CURRENT ASSETS

Debtors

6

309,646

394,883

Cash at bank and in hand

315,134

222,754

624,780

617,637

CREDITORS

Amounts falling due within one year

7

206,708

183,705

NET CURRENT ASSETS

418,072

433,932

TOTAL ASSETS LESS CURRENT LIABILITIES

502,106

534,559

PROVISIONS FOR LIABILITIES

2,259

2,657

NET ASSETS

499,847

531,902

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Retained earnings

498,747

530,802

499,847

531,902

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

R Morris - Director

1.	STATUTORY INFORMATION

Richard Morris Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is the invoiced value of sales, excluding value added tax, and is recognised upon completion of the service provided.

Goodwill

Goodwill is included at cost less accumulated amortisation and is amortised evenly over its estimated remaining useful life of 10 years from 1 April 2020.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

210,000

Amortisation for year

15,000

At 31 March 2025

225,000

NET BOOK VALUE

At 31 March 2025

75,000

At 31 March 2024

90,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

48,027

37,524

85,551

DEPRECIATION

At 1 April 2024

42,351

32,573

74,924

Charge for year

851

742

1,593

At 31 March 2025

43,202

33,315

76,517

NET BOOK VALUE

At 31 March 2025

4,825

4,209

9,034

At 31 March 2024

5,676

4,951

10,627

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

90,368

144,299

Owed by related parties

214,273

215,747

Other debtors

1,241

2,629

Taxation recoverable

-

31,196

Directors' current accounts

2,730

-

Prepayments

1,034

1,012

309,646

394,883

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,572

10,224

Taxation

142,544

89,868

Social security and other taxes

46,931

61,552

Directors' current accounts

3,211

19,758

Accrued expenses

2,450

2,303

206,708

183,705

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the amount owing from one Director is shown in the debtors note. The balance is interest free and repayable on demand.