Moorehouse Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05419814 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2020

for

Moorehouse Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Louka

G T Georgiou

SECRETARY:

G T Georgiou

REGISTERED OFFICE:

67 Westow Street

Upper Norwood

London

SE19 3RW

REGISTERED NUMBER:

05419814 (England and Wales)

ACCOUNTANTS:

Chelepis Watson Limited

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

CURRENT ASSETS

Stocks

142,500

142,500

Debtors

5

-

4,329

Cash at bank

105,513

52,136

248,013

198,965

CREDITORS

Amounts falling due within one year

6

(106,703

)

(116,715

)

NET CURRENT ASSETS

141,310

82,250

TOTAL ASSETS LESS CURRENT LIABILITIES

141,310

82,250

CREDITORS

Amounts falling due after more than one year

7

(110,371

)

(58,469

)

NET ASSETS

30,939

23,781

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

30,839

23,681

SHAREHOLDERS' FUNDS

30,939

23,781

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 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 and authorised for issue on 30 June 2021 and were signed on its behalf by:

P A Louka - Director

1.	STATUTORY INFORMATION

Moorehouse Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents rent receivable and sale of property excluding value added tax.

Turnover of the sale of property is recognised at the date of an unconditional exchange of contracts.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Trade debtors

-

4,329

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Bank loans and overdrafts (see note 8)

7,900

7,532

Amounts owed to group undertakings

67,138

68,035

Taxation and social security

11,274

9,355

Other creditors

20,391

31,793

106,703

116,715

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.20

30.9.19

£

£

Bank loans (see note 8)

110,371

58,469

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years by instalments

14,817

24,574

8.

LOANS

An analysis of the maturity of loans is given below:

30.9.20

30.9.19

£

£

Amounts falling due within one year or on demand:

Bank loans

7,900

7,532

Amounts falling due between one and two years:

Bank loans

68,277

7,891

Amounts falling due between two and five years:

Bank loans

27,277

26,004

Amounts falling due in more than five years:

Repayable by instalments

Bank loans over 5 years by instalments

14,817

24,574

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.20

30.9.19

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 October 2019

23,681

Profit for the year

7,158

At 30 September 2020

30,839

11.	RELATED PARTY DISCLOSURES