Morley Building Services Ltd

Morley Building Services Ltd

MORLEY BUILDING SERVICES LTD - Company Information

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1 January 2019 false No description of principal activity Taxfiler 2019.11.Web 08321177business:PrivateLimitedCompanyLtd2019-01-012019-12-31 083211772018-12-31 083211772019-01-012019-12-31 08321177business:AuditExemptWithAccountantsReport2019-01-012019-12-31 08321177business:FullAccounts2019-01-012019-12-31 083211772019-12-31 08321177business:Director12019-01-012019-12-31 08321177business:RegisteredOffice2019-01-012019-12-31 083211772018-12-31 08321177core:WithinOneYear2019-12-31 08321177core:WithinOneYear2018-12-31 08321177core:ShareCapital2019-12-31 08321177core:ShareCapital2018-12-31 08321177core:RetainedEarningsAccumulatedLosses2019-12-31 08321177core:RetainedEarningsAccumulatedLosses2018-12-31 08321177business:SmallEntities2019-01-012019-12-31 08321177countries:EnglandWales2019-01-012019-12-31 08321177core:LandBuildings2019-01-012019-12-31 08321177core:PlantMachinery2019-01-012019-12-31 08321177core:MotorVehicles2019-01-012019-12-31 08321177core:ComputerEquipment2019-01-012019-12-31 08321177core:Goodwill2018-12-31 08321177core:Goodwill2019-12-31 08321177core:LandBuildings2018-12-31 08321177core:PlantMachinery2018-12-31 08321177core:MotorVehicles2018-12-31 08321177core:ComputerEquipment2018-12-31 08321177core:LandBuildings2019-12-31 08321177core:PlantMachinery2019-12-31 08321177core:MotorVehicles2019-12-31 08321177core:ComputerEquipment2019-12-31 083211772018-01-012018-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08321177 (England and Wales)
Morley Building Services Ltd Unaudited accounts for the year ended 31 December 2019
Morley Building Services Ltd Unaudited accounts Contents
Page
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Morley Building Services Ltd Company Information for the year ended 31 December 2019
Director
ALEX MORLEY
Company Number
08321177 (England and Wales)
Registered Office
1 BRIGGS FARM COTTAGE WILLOW HALL LANE THORNEY CAMBRIDGESHIRE PE6 0QN GB
Accountants
LeeP Accountants Unit 3F Forward HouseAston Business Park Shrewsbury Avenue, Woodston Peterborough Cambridgeshire PE2 7EY
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Morley Building Services Ltd for the year ended 31 December 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Morley Building Services Ltd for the year ended 31 December 2019 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Morley Building Services Ltd, as a body, in accordance with the terms of our engagement letter dated 8 May 2019. Our work has been undertaken solely to prepare for your approval the accounts of Morley Building Services Ltd and state those matters that we have agreed to state to the Board of Directors of Morley Building Services Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Morley Building Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Morley Building Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Morley Building Services Ltd. You consider that Morley Building Services Ltd 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 accounts of Morley Building Services Ltd. 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 accounts.
LeeP Accountants Chartered Accountants Unit 3F Forward HouseAston Business Park Shrewsbury Avenue, Woodston Peterborough Cambridgeshire PE2 7EY 10 March 2020
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Morley Building Services Ltd Statement of financial position as at 31 December 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
264,823 
20,901 
Current assets
Debtors
6
77,319 
100,272 
Cash at bank and in hand
76,778 
139,569 
154,097 
239,841 
Creditors: amounts falling due within one year
7
(202,717)
(55,374)
Net current (liabilities)/assets
(48,620)
184,467 
Net assets
216,203 
205,368 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
216,202 
205,367 
Shareholders' funds
216,203 
205,368 
For the year ending 31 December 2019 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.
Approved by the Board on 24 March 2020.
ALEX MORLEY Director Company Registration No. 08321177
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Morley Building Services Ltd Notes to the Accounts for the year ended 31 December 2019
1
Statutory information
Morley Building Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08321177. The registered office is 1 BRIGGS FARM COTTAGE, WILLOW HALL LANE, THORNEY, CAMBRIDGESHIRE, PE6 0QN, GB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
20 Years
Plant & machinery
5-6 Years
Motor vehicles
4 Years
Computer equipment
3 Years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2019
10,000 
At 31 December 2019
10,000 
Amortisation
At 1 January 2019
10,000 
At 31 December 2019
10,000 
Net book value
At 31 December 2019
- 
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Morley Building Services Ltd Notes to the Accounts for the year ended 31 December 2019
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2019
- 
2,662 
43,543 
520 
46,725 
Additions
249,328 
10,937 
4,562 
- 
264,827 
At 31 December 2019
249,328 
13,599 
48,105 
520 
311,552 
Depreciation
At 1 January 2019
- 
1,590 
23,774 
460 
25,824 
Charge for the year
12,466 
2,670 
5,708 
61 
20,905 
At 31 December 2019
12,466 
4,260 
29,482 
521 
46,729 
Net book value
At 31 December 2019
236,862 
9,339 
18,623 
(1)
264,823 
At 31 December 2018
- 
1,072 
19,769 
60 
20,901 
6
Debtors
2019 
2018 
£ 
£ 
Trade debtors
33,505 
54,052 
Accrued income and prepayments
2,191 
2,191 
Other debtors
41,623 
44,029 
77,319 
100,272 
7
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Bank loans and overdrafts
- 
1,943 
Trade creditors
- 
12,098 
Taxes and social security
15,315 
36,485 
Other creditors
2,184 
4,446 
Loans from directors
154,225 
- 
Accruals
30,993 
402 
202,717 
55,374 
8
Average number of employees
During the year the average number of employees was 4 (2018: 4).
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