Newman Morris Ltd - Limited company - abbreviated - 11.0.0

Newman Morris Ltd - Limited company - abbreviated - 11.0.0

NEWMAN MORRIS LIMITED - Company Information

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REGISTERED NUMBER: 05220738 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST OCTOBER 2013

FOR

NEWMAN MORRIS LTD

NEWMAN MORRIS LTD (REGISTERED NUMBER: 05220738)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST OCTOBER 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

NEWMAN MORRIS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2013







DIRECTORS: D S Harris
C Morris





SECRETARY: C Morris





REGISTERED OFFICE: Wellington House
273-275 High Street
London Colney
Hertfordshire
AL2 1HA





REGISTERED NUMBER: 05220738 (England and Wales)





ACCOUNTANTS: Newman Morris Limited
Chartered Accountants
Wellington House
273-275 High Street
London Colney
Hertfordshire
AL2 1HA
Page 1
NEWMAN MORRIS LTD (REGISTERED NUMBER: 05220738)

ABBREVIATED BALANCE SHEET
31ST OCTOBER 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 48,885 75,370
Tangible assets 3 7,830 10,487
Investments 4 100 100
56,815 85,957

CURRENT ASSETS
Stocks 80,473 83,616
Debtors 136,904 142,709
217,377 226,325
CREDITORS
Amounts falling due within one year 5 217,967 213,667
NET CURRENT (LIABILITIES)/ASSETS (590 ) 12,658
TOTAL ASSETS LESS CURRENT
LIABILITIES
56,225
98,615

CREDITORS
Amounts falling due after more than one
year
5
49,000
91,750
NET ASSETS 7,225 6,865

CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and loss account 7,125 6,765
SHAREHOLDERS' FUNDS 7,225 6,865

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2013 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 notes form part of these abbreviated accounts

Page 2 continued...
NEWMAN MORRIS LTD (REGISTERED NUMBER: 05220738)

ABBREVIATED BALANCE SHEET - continued
31ST OCTOBER 2013


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 31st July 2014 and were signed on its
behalf by:





D S Harris - Director


The notes form part of these abbreviated accounts

Page 3
NEWMAN MORRIS LTD (REGISTERED NUMBER: 05220738)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST OCTOBER 2013

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements
The financial statements contain information about Newman Morris Ltd as an individual company
and do not contain consolidated financial information as the parent of a group. The company has
taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial
statements.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a client base from SRG
Newmans Lid in 2004, is being amortised evenly over its estimated useful life of ten years.

The goodwill, being the amount paid in connection with the acquisition of Fisher Morris, also in
2004, is being amortised evenly over its estimated useful life of fifteen years.

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 etc - 25% on cost and 15% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Page 4 continued...
NEWMAN MORRIS LTD (REGISTERED NUMBER: 05220738)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2013

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st November 2012
and 31st October 2013 300,187
AMORTISATION
At 1st November 2012 224,817
Amortisation for year 26,485
At 31st October 2013 251,302
NET BOOK VALUE

At 31st October 2013 48,885
At 31st October 2012 75,370

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st November 2012 78,418
Additions 3,879
At 31st October 2013 82,297
DEPRECIATION
At 1st November 2012 67,931
Charge for year 6,536
At 31st October 2013 74,467
NET BOOK VALUE
At 31st October 2013 7,830
At 31st October 2012 10,487

Page 5 continued...
NEWMAN MORRIS LTD (REGISTERED NUMBER: 05220738)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2013

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1st November 2012
and 31st October 2013 100
NET BOOK VALUE
At 31st October 2013 100
At 31st October 2012 100

The company's investments at the balance sheet date in the share capital of companies include the
following:

New Umbrella Solutions Ltd
Nature of business: Medical services
%
Class of shares: holding
Ordinary 100.00
31/7/13 31/7/12
£    £   
Aggregate capital and reserves (4,078 ) 704
(Loss)/profit for the year/period (4,782 ) 604

5. CREDITORS

Creditors include an amount of £ 39,886 (2012 - £ 50,331 ) for which security has been given.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
100 Ordinary £1 100 100

7. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr C Morris by virtue of the beneficial ownership of the
majority of the share capital of the company.

Page 6