Mr. Morris & Partners Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01585921 (England and Wales)

Financial Statements for the Year Ended 30th June 2019

for

Mr. Morris & Partners Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V A Knowles

J D Barker

REGISTERED OFFICE:

1-3 Manor Road

Chatham

Kent

ME4 6AE

REGISTERED NUMBER:

01585921 (England and Wales)

ACCOUNTANTS:

Beak Kemmenoe

Chartered Accountants

1-3 Manor Road

Chatham

Kent

ME4 6AE

FIXED ASSETS

Tangible assets

4

11,824

13,537

CURRENT ASSETS

Stocks

6,472

6,794

Debtors

5

34,146

45,356

Cash at bank and in hand

363,538

350,673

404,156

402,823

CREDITORS

Amounts falling due within one year

6

48,734

54,207

NET CURRENT ASSETS

355,422

348,616

TOTAL ASSETS LESS CURRENT LIABILITIES

367,246

362,153

PROVISIONS FOR LIABILITIES

2,128

2,267

NET ASSETS

365,118

359,886

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

364,118

358,886

SHAREHOLDERS' FUNDS

365,118

359,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2019 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6th January 2020 and were signed on its behalf by:

J D Barker - Director

1.	STATUTORY INFORMATION

Mr. Morris & Partners 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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Furniture and equipment

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 6 (2018 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1st July 2018

and 30th June 2019

22,071

66,746

88,817

DEPRECIATION

At 1st July 2018

12,148

63,132

75,280

Charge for year

987

726

1,713

At 30th June 2019

13,135

63,858

76,993

NET BOOK VALUE

At 30th June 2019

8,936

2,888

11,824

At 30th June 2018

9,923

3,614

13,537

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

29,879

41,070

Other debtors and prepayments

4,267

4,286

34,146

45,356

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Corporation tax

15,157

23,376

Other creditors and accruals

33,577

30,831

48,734

54,207

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors Mrs V A Knowles and Mr J D Barker.