Morris Mercantile Limited - Accounts to registrar (filleted) - small 18.2

Morris Mercantile Limited - Accounts to registrar (filleted) - small 18.2

MORRIS MERCANTILE LIMITED - Company Information

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REGISTERED NUMBER: 09847497 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

MORRIS MERCANTILE LIMITED
MORRIS MERCANTILE LIMITED (REGISTERED NUMBER: 09847497)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MORRIS MERCANTILE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2017







DIRECTOR: S N Morris





REGISTERED OFFICE: 375 Eaton Road
West Derby
Liverpool
Merseyside
L12 2AH





REGISTERED NUMBER: 09847497 (England and Wales)





ACCOUNTANTS: John Kerr - Chartered Accountants
375 Eaton Road
West Derby
Liverpool
Merseyside
L12 2AH
Page 1
MORRIS MERCANTILE LIMITED (REGISTERED NUMBER: 09847497)

BALANCE SHEET
31 OCTOBER 2017

31.10.17 31.10.16
Notes £    £   
CURRENT ASSETS
Stocks - 13,281
Debtors 4 153 2,508
Cash at bank 5,598 12,930
5,751 28,719
CREDITORS
Amounts falling due within one year 5 3,081 28,172
NET CURRENT ASSETS 2,670 547
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,670
547

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,570 447
SHAREHOLDERS' FUNDS 2,670 547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 26 July 2018 and were signed by:





S N Morris - Director


The notes form part of these financial statements

Page 2
MORRIS MERCANTILE LIMITED (REGISTERED NUMBER: 09847497)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017


1. STATUTORY INFORMATION

Morris Mercantile 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade debtors 153 755
Other debtors - 1,753
153 2,508

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade creditors 276 11,759
Taxation and social security 1,081 172
Other creditors 1,724 16,241
3,081 28,172

Page 3