Company Registration No. 02737458 (England and Wales)
The Morgan Trust Company Limited
Unaudited accounts
for the year ended 31 December 2021
The Morgan Trust Company Limited
Unaudited accounts
Contents
The Morgan Trust Company Limited
Company Information
for the year ended 31 December 2021
Directors
Mark Douglas
Timothy Haggie
Carina Robinson
Company Number
02737458 (England and Wales)
Registered Office
41 St. James's Place
London
SW1A 1NS
Accountants
Mansfield & Co - Chartered Accountants
55 Kentish Town Road
Camden Town
London
NW1 8NX
The Morgan Trust Company Limited
Statement of financial position
as at
31 December 2021
Debtors
980,678
1,063,371
Cash at bank and in hand
13,276
75,399
Creditors: amounts falling due within one year
(30,829)
(89,464)
Net current assets
963,125
1,049,306
Net assets
963,125
1,049,306
Called up share capital
250,000
250,000
Profit and loss account
713,125
799,306
Shareholders' funds
963,125
1,049,306
For the year ending 31 December 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 28 September 2022 and were signed on its behalf by
Mark Douglas
Director
Company Registration No. 02737458
The Morgan Trust Company Limited
Notes to the Accounts
for the year ended 31 December 2021
The Morgan Trust Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02737458. The registered office is 41 St. James's Place, London, SW1A 1NS.
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.
4
Debtors: amounts falling due within one year
2021
2020
Trade debtors
54,850
116,089
Accrued income and prepayments
43,369
30,749
Debtors: amounts falling due after more than one year
Amounts due from group undertakings etc.
882,459
916,533
5
Creditors: amounts falling due within one year
2021
2020
Deferred income
23,311
27,108
6
Average number of employees
During the year the average number of employees was 3 (2020: 3).