Company Registration No. 04606595 (England and Wales)
Sam Morgan Moore Ltd
Unaudited accounts
for the year ended 31 March 2023
Sam Morgan Moore Ltd
Unaudited accounts
Contents
Sam Morgan Moore Ltd
Company Information
for the year ended 31 March 2023
Company Number
04606595 (England and Wales)
Registered Office
437 GLOUCESTER ROAD
HORFIELD
BRISTOL
BS7 8TZ
ENGLAND
Accountants
Evans Entwistle
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Sam Morgan Moore Ltd
for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sam Morgan Moore Ltd for the year ended 31 March 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
19 October 2023
Sam Morgan Moore Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
11,602
1,483
Cash at bank and in hand
2,277
9,649
Creditors: amounts falling due within one year
(4,621)
(7,474)
Net current assets
13,876
21,224
Total assets less current liabilities
25,478
22,707
Creditors: amounts falling due after more than one year
(7,057)
(19,759)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
15,217
1,948
Shareholders' funds
16,217
2,948
For the year ending 31 March 2023 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.
The financial statements were approved by the Board and authorised for issue on 19 October 2023 and were signed on its behalf by
S M Moore
Director
Company Registration No. 04606595
Sam Morgan Moore Ltd
Notes to the Accounts
for the year ended 31 March 2023
Sam Morgan Moore Ltd is a private company, limited by shares, registered in England and Wales, registration number 04606595. The registered office is 437 GLOUCESTER ROAD, HORFIELD, BRISTOL, BS7 8TZ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
48 months - straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Sam Morgan Moore Ltd
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2022
2,697
-
2,697
At 31 March 2023
2,697
12,375
15,072
At 1 April 2022
1,214
-
1,214
Charge for the year
1,483
773
2,256
At 31 March 2023
2,697
773
3,470
At 31 March 2023
-
11,602
11,602
At 31 March 2022
1,483
-
1,483
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
850
-
Taxes and social security
1,728
1,695
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,317
-
Loans from directors
3,740
19,759
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Sam Morgan Moore Ltd
Notes to the Accounts
for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
